SANTA CLARITA, CA / ACCESSWIRE / July 24, 2014 / 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 on Friday July 25, 2014 our joint venture will officially open our initial two (2) stores in the State of Washington (one in Tacoma and one in Puyallup) that service cannabis patients. The facilities are currently fully stocked and have a wide range of cannabis related products and will target patients that possess a wide range of ailments. These two stores represent the first of many stores that are contemplated, not only in the state of Washington, but all over the country. USEI’s Management’s objectives are to continue to pursue and expand its business into growing and recreational cannabis this year through other strategic arrangements that will ultimately prove beneficial to continued growth. Management’s goal, this year, is to continue to create Strategic Partnerships and to produce significant revenue, and add value for our shareholders.
According to Anthony Miller CEO "Our joint venture is entitled The UC (dba The Ultimate Cure LLC) and we will develop and market various products in the state of Washington that contain high concentrations of cannabis and hemp without the intoxicating effects of THC. Our plan is to establish and create a sales and marketing plan to immediately extend the distribution of CBD cannabis and hemp products throughout the state of Washington and wherever it is allowable in the U.S."
"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. The locations of our stores are: 5325 84th Street East, Tacoma, Washington, and 10821 Valley Avenue East, Puyallup, Washington. This Friday represents our initial opening and our GRAND OPENING will follow shortly thereafter. Over the course of the next few days we will release pictures and video of these locations, and profile our amazing partners, so that folks can better appreciate our efforts. This is a significant milestone for USEI and Management is proud of this accomplishment. For an additional update on USEI watch this video: https://www.youtube.com/watch?v=ItvoMsowSew ." further commented Miller.
Cannabidiol - CBD - is a compound in cannabis that has significant medical effects, but does not make people feel "stoned" and can actually counter the psychoactivity of THC. The reduced psychoactivity of CBD-rich cannabis may make it an appealing treatment option for patients seeking anti-inflammatory, anti-pain, anti-anxiety, anti-psychotic, and/or anti-spasm effects without disconcerting lethargy or dysphoria.
Scientific and clinical studies underscore CBD’s potential as a treatment for a wide range of conditions, including rheumatoid arthritis, diabetes, alcoholism, MS, chronic pain, schizophrenia, PTSD, antibiotic-resistant infections, epilepsy, and other neurological disorders. CBD has demonstrated neuroprotective and neurogenic effects, and its anti-cancer properties are currently being investigated at several academic research centers in the United States and elsewhere.
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: [email protected]
Web: www.usenergyinit.com
Web: www.useicannabis.com
SOURCE: US Energy Initiatives Corporation, Inc.