USEI- Continues to Successfully Execute its Business Plan
August 05 2014 - 1:05PM
eTeligis
SANTA CLARITA, CA /
ETELIGIS/ USEI Cannabis Initiatives Corp,
a wholly owned subsidiary of US Energy Initiatives Corporation,
Inc. (OTC Pink: USEI) (PINKSHEETS: USEI) is pleased today to
announce that USEI along with American Green (OTC Pink: ERBB)
(PINKSHEETS: ERBB)are developing a grow project, located near
Hemet, California fulfilling a promise made earlier this year. USEI
also announces a successful "GRAND OPENING" on Friday August 1st
2014 of its cannabis retail stores entitled "The Ultimate Cure and
both stores enjoyed a steady stream of customers. The stores
include a wide range of cannabis related products that featured a
high concentration of CBD not THC. The two (2) stores are located
in the State of Washington (one in Tacoma and one in Puyallup) to
service cannabis patients. These retail stores are located within
location(s) that also house existing medical dispensaries that have
current traffic.
According to Anthony K. Miller CEO "Our American Green
(ERBB) venture is the first of a few others contemplated. We have
diligently sought after projects that strategically fit both
companies' goals and objectives; and this project does that. It
addresses our collective cannabis growing objectives and USEI's
medical strategies, most notably our CBD medicine. The successful
grand opening of our retail stores represents the first of many
stores to come; Seattle is the targeted location of the next store
(we spent time this weekend looking at properties). Patients have
come into our stores with a wide range of ailments and they have
purchase our CBD (
Cannabidiol) products. Patients with
ailments of cancer, epilepsy, chronic pain and Post Traumatic
Stress Disorder PTSD have sought out our stores, and purchased our
meds with positive results. This is the most rewarding side of our
business… because we are truly helping people."
"A local paper wrote an article on our opening and that article and
these images can be found on the following links and video of our
Tacoma store… these articles and video were instrumental for some
of our store traffic:
http://www.thenewstribune.com/2014/07/25/3303773/pierce-county-gets-its-first-retail.html,
http://www.useicannabis.com/web/washington-partnerships/,
https://www.youtube.com/watch?v=56uFDHcpHss, Our goal is for USEI
is to build a significant business enterprise that focuses on
cannabis related products and services and to add shareholder value
to the firm," commented Miller.
"Finally, USEI and American Green will attend HEMPFEST 2014 located
in Seattle, Washington and will be sharing booth # 805. The event
will be held August 15-17 2014 till 8pm every night. Our attendance
provides our companies with the ability to introduce our products
and services into an emerging and actively growing legal cannabis
marketplace," commented Miller.
OUR FEATURED PRODUCT: is a
CBD oil that can be smoked
in a vape pen, metered and ingested with food or drink or used as a
topical to treat a wide range of ailments; also edible deserts,
trail mix or crackers laced with cannabis. Cannabis is used by
medical and recreational clients and our products are considered
meds, and are designed to treat ailments like: patients seeking
anti-inflammatory, anti-pain, anti-anxiety, anti-psychotic, and/or
anti-spasm effects without disconcerting lethargy or cancer,
dysphoria, rheumatoid arthritis, diabetes, alcoholism, MS, chronic
pain, schizophrenia, PTSD, antibiotic-resistant infections,
epilepsy, and other neurological disorders. Our Joint venture
allows us to market edible products in these retail locations and
elsewhere under the names:
The Ultimate Cure & Real McCoy
Genuine Products, and market vapor pens and accessories,
topical ointments, cannabis oils and tinctures all under these same
names. Our focus in the state of Washington is not just this CBD
side of business; we are actively working to obtain the ability to
produce our own products, own a recreational dispensary and grow
marijuana.
About U.S. Energy Initiatives:
U.S. Energy Initiatives Corporation is a diverse (OTC Pink: USEI)
energy firm. This firm started in 1996 and has had a long
successful business history of developing its business strategies.
Management's new goal is to business and to build a dynamic and
diverse firm. From 2014-2015 U.S. Energy Initiatives will center on
hemp to energy, everything cannabis related and developing products
and services for the marketplace. Our goal here is to become an
environmentally responsible firm, marketing our products to a
worldwide audience to produce significant revenue and add value for
our shareholders. We will continue to develop products for the Real
McCoy brand in the coming months; including some products targeted
to growers of cannabis. We have very ambitious goals and objectives
for USEI Cannabis and we believe that we will have a very long
presence in Colorado and Washington, and wherever cannabis is
legal. Our objective is to create a foundation that will be
instrumental in our continued conquest to capture our market-share
and create viable products that meet our goals and objectives for
these markets. For more information regarding our strategies it can
be found on the company's website @ www.useicannabis.com/web/
DISCLOSURES:
"Safe Harbor" This press release contains forward-looking
statements including statements regarding the timing of the revenue
from the partnership and the partnership's success. The words
"believe," "may," "estimate," "continue," "anticipate," "intend,"
"should," "plan," "could," "target," "potential," "is likely,"
"will," "expect" and similar expressions, as they relate to us, are
intended to identify forward-looking statements. We have based
these forward-looking statements largely on our current
expectations and projections about future events and financial
trends that we believe may affect our financial condition, results
of operations, business strategy and financial needs. Important
factors that could cause actual results to differ from those in the
forward looking statements include consumer reaction to our
Cannabis products and new regulations which affect the distribution
of these products. Further information on our risk factors is
contained in our filings with the OTC Markets. Any forward-looking
statement made by us herein speaks only as of the date on which it
is made. Factors or events that could cause our actual results to
differ may emerge from time to time, and it is not possible for us
to predict all of them. We undertake no obligation to publicly
update any forward-looking statement, whether as a result of new
information, future developments or otherwise, except as may be
required by law.
CONTACT:
U.S. Energy Initiatives Corporation, Inc.
Investor Relations
Ph: 866 922-1116
Email: info@usenergyinit.com
Web: www.usenergyinit.com
Web: www.useicannabis.com
SOURCE: US Energy Initiatives Corporation, Inc.
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