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Smart Ventures and Cannabis Funding Group Announces Cannabis Portfolio Acquisition

HOUSTON, TX / ACCESSWIRE / March 13, 2015 / Smart Ventures, Inc. and its wholly owned subsidiary Cannabis Funding Group, LP is pleased to announce its portfolio acquisition in GCHI Green Company Holdings, Inc. (The Green Fund and its subsidiary companies).

The transaction provides for the issuance 40,000,000 restricted common shares of Smart Ventures, Inc., and a convertible promissory note in the amount of $250,000, and $1,000,000 in Cannabis Funding Group, Inc. Limited Partnership Interests to The Green Fund in exchange for the issuance of 1,450,000 common shares @ $1.00 per share for a 9.99% equity stake of The Green Fund.

Smart Ventures and Cannabis Funding Group will receive 50% of the revenue generated by GCHI Green Company Holdings, Inc. (The Green Fund and its subsidiary companies). This is a significant investment for the portfolio of Cannabis Funding Group, because the company brings considerable assets, including intellectual property though its cannabis payment processing service, cannabis marketing, and green energy. The combined management team brings a wealth of experience and opportunities for synergistic growth. The transaction is scheduled to close by March 31, 2015.

The companies will work together to raise additional funding through Cannabis Funding Group LP for its projects and look to increase shareholder value for both companies.

"We are pleased to have negotiated such a significant asset purchase for our cannabis portfolio which brings value to our shareholders. We are excited to work with such a first class management team with so many synergies, says Roger AT Smith, CEO."

About The Green Fund

The Green Fund is a holding company with a diversified portfolio in the Emerging Hemp and Medical Marijuana companies with a diversification in green energy. www.TheGreenFund.us, www.HempMarketWatch.com, www.CannabisPaymentServices.com, www.420CannabisMall.com, www.MyWeedSeeds.com, www.HotLinxNetwork.com

About Smart Ventures

Smart Ventures, Inc. is an independent energy company engaged in engineering extended reach drilling services, acquisition, EPC, development, production, and exploration of oil, gas and mining minerals internationally. We have diversified our products offerings into the specialty chemical market, armored vehicles and the legalized Cannabis market.

www.smartventuresinc.us, www.cannabisfundinggrouplp.com, www.sandaydrilling.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: Roger@smartventuresinc.us
Websites: www.smartventuresinc.us, www.cannabisfundinggrouplp.com, www.sandaydrilling.com

SOURCE: Smart Ventures, Inc.

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