Smart Ventures, Inc. Announces Appointment of Portfolio Manager for Its Subsidiary Cannabis Funding Group, Inc.
March 31 2014 - 7:31AM
Marketwired
Smart Ventures, Inc. Announces Appointment of Portfolio Manager for
Its Subsidiary Cannabis Funding Group, Inc.
Company to Raise a $100 Million for Its Private Equity Fund to
Invest in Medical Marijuana Industry
HOUSTON, TX--(Marketwired - Mar 31, 2014) - Smart Ventures, Inc.
(OTC Pink: SMVR) (PINKSHEETS: SMVR)
Smart Ventures, Inc. is pleased to announce that the Company has
hired veteran fund manager Marcel de Rushe as its portfolio manager
for Cannabis Funding Group, Inc. and to launch its initial private
placement capital raise of $100 Million for investment in private
and public medical marijuana companies. Mr. Marcel de Rushe has
over 15 years of capital markets experience with a proven track
record of results-oriented performance. His career is highlighted
by Trading & Investment Management roles in both domestic and
international markets. Prior to joining Smart Ventures, Mr. de
Rushe served as director of an offshore trust company managing all
aspects of client investments. Previous roles also included
investment advisory positions at Bank of America-Merrill Lynch and
AIG, and voting member of the Fixed-Income Strategy Committee for
BBVA Compass Bank. Mr. de Rushe holds a BA in Economics from
University of Massachusetts at Amherst with concentration in
finance. He is a registered investment advisor with series 7, 66
and Group 1 licensure. Mr. Marcel de Rushe has also been appointed
as a director for Smart Ventures, Inc.
"We are excited about having Marcel de Rushe join our board
of directors and head up our subsidiary Cannabis Funding Group,
Inc.," says Roger Smith, CEO.
About Cannabis Funding Group
Cannabis Funding Group, Inc., a Colorado corporation is a wholly
owned subsidiary of Smart Ventures, Inc. CFG is a strategic
investment partner for entrepreneurs in a diversified range of
cannabis related businesses. www.cannabisfundinggroup.net
About Smart Ventures
Smart Ventures, Inc. is a strategic investments growth partner
in the Cannabis industry. Smart Ventures is also an independent
energy company engaged in engineering extended reach drilling
services, acquisition, development, production, and exploration of
oil, gas and minerals internationally. www.smartventuresinc.com
CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements that
involve a number of risks and uncertainties. Forward-looking
statements generally can be identified by the use of
forward-looking terminology such as "believes," "expects," "may,"
"will," "intends, "plans," "should," "seeks," "pro forma,"
"anticipates," "estimates," "continues," or other variations
thereof (including their use in the negative), or by discussions of
strategies, plans or intentions. A number of factors could cause
results to differ materially from those anticipated by such
forward-looking statements, including those discussed under "Risk
Factors" and "Our Business." Forward-looking statements are subject
to known and unknown risks and uncertainties and are based on
potentially inaccurate assumptions that could cause actual results
to differ materially from those expected or implied by the
forward-looking statements. Our actual results could differ
materially from those anticipated in the forward-looking statements
for many reasons.
Safe Harbor: This release includes forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933 and
Section 27E of the Securities Act of 1934. Statements contained in
this release that are not historical facts may be deemed to be
forward-looking statements. Investors are cautioned that
forward-looking statements are inherently uncertain. Actual
performance and results may differ materially from that projected
or suggested herein due to certain risks and uncertainties
including, without limitation, ability to obtain financing and
regulatory and shareholder approval for anticipated actions.
Media Relations: Roger Smith Contact: (832) 717-4412 Email:
management@smartventuresinc.com or info@sandaydrilling.com Website:
www.smartventuresinc.com www.cannabisfundinggroup.net
www.sandaydrilling.com
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