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Smart Ventures Inc. Stock Analysis SMVR
Smart Ventures, Inc. engages in providing engineering extended reach drilling services and acquires, develops, produces, and explores oil, gas and minerals internationally. The company is headquartered in Boynton Beach, Florida. The company went IPO on 2009-12-11. The firm is also engaged in mining business in DR Congo region. The firm serves in specialty chemicals market as a supplier of defoamer products used in the oil and gas industry. The company also plans to launch a chemical exchange business-to-business (B2B) platform for commercial buyers to submit purchase orders, and to purchase over 100 defoamer products offered by its supplier in China and the United States. The firm has approximately 80 acres of oil and gas mineral lease in Florida. The firm owns interest in a subsidiary company, Cannabis Funding Group, Inc., which is engaged in investing in Cannabis related businesses. Its subsidiary also includes Cannabis Funding Group, LP. The Company, through its subsidiary, International Equity Partners Oil & Gas, Inc., holds interest in gold mining assets in Colorado.
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- According to Musaffa’s Shariah screening methodology, Smart Ventures Inc (SMVR) is currently classified as NOT COVERED as of May 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.