MIAMI BEACH, Fla., Sept. 15, 2017 (GLOBE NEWSWIRE) -- SNM Global Holdings (OTC:SNMN), an entertainment/media company announces the launch of Cannabis Payment Solutions- a wholly owned subsidiary.

Cannabis Payment Solutions (CPS) will be involved in all aspects of the legal cannabis industry.  CPS currently has a complete payment ecosystem specifically created to provide a cashless payment option to make the retail, commercial and industrial sale of cannabis quick, safe and easy.  It provides a mobile payment application and point of sale hardware so that customers can quickly complete their purchases at cannabis dispensaries nationwide without the need to carry cash. The registration system is HIPAA, KYC, and AML compliant and will have the most advanced encryption to maintain account security and data integrity. CPS is also actively pursuing additional joint ventures with existing companies in growing/cultivation, retail and cannabis-related business services.

"With our wholly owned Cannabis Payment Solutions company and the technology we have procured, will aggressively look to acquire several MJ properties over the next 60 days in all aspects of the cannabis industry with a minimum of $1 million of our recently qualified Reg A filing." stated SNM Global CEO Troy Lowman, "we will emphasize making inroads in the wide open East Coast markets and potential cutting-edge properties in the sector. We have target acquisitions already and are searching for more."

Contact information:
Troy Lowman, CEO
Phone: 410-733-6551
Email: info@snmholdings.com

Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.