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Smart Ventures, Inc. Announces $100 Million Capital Raise for Its Subsidiary Cannabis Funding Group, Inc.
Smart Ventures, Inc. Announces $100 Million Capital Raise for Its Subsidiary Cannabis Funding Group, Inc.
Company to Raise a $100 Million for Its Private Equity Fund in Invest in Medical Marijuana Industry
HOUSTON, TX--(Marketwired - Mar 28, 2014) - SMART VENTURES, INC. (OTC Pink: SMVR) (PINKSHEETS: SMVR)
Smart Ventures, Inc. is pleased to announce that the Company has hired a veteran fund manager to launch its initial private placement capital raise of $100 Million for investment in private and public medical marijuana companies. The fund is beginning to receive initial commitments from its LP's and is starting to issue commitments for funding new portfolio companies.
The fund's Investment Criteria into cannabis businesses is simple:
Minimum Investment: We invest $50,000 and up.
Investment Type: Equity
Early or Late Stage Company
Cannabis Industry Investment Only: Medical marijuana retail outlets, edibles, vaporizer oil & pens, cannabis tracking technology, payment processing, vending machines, production equipment, real estate related to cannabis markets and any other service related to this industry.
Smart Ventures, Inc. Announces $100 Million Capital Raise for Its Subsidiary Cannabis Funding Group, Inc.
Company to Raise a $100 Million for Its Private Equity Fund in Invest in Medical Marijuana Industry
HOUSTON, TX--(Marketwired - Mar 28, 2014) - SMART VENTURES, INC. (OTC Pink: SMVR) (PINKSHEETS: SMVR)
Smart Ventures, Inc. is pleased to announce that the Company has hired a veteran fund manager to launch its initial private placement capital raise of $100 Million for investment in private and public medical marijuana companies. The fund is beginning to receive initial commitments from its LP's and is starting to issue commitments for funding new portfolio companies.
The fund's Investment Criteria into cannabis businesses is simple:
Minimum Investment: We invest $50,000 and up.
Investment Type: Equity
Early or Late Stage Company
Cannabis Industry Investment Only: Medical marijuana retail outlets, edibles, vaporizer oil & pens, cannabis tracking technology, payment processing, vending machines, production equipment, real estate related to cannabis markets and any other service related to this industry.
