SANTA CLARITA, CA / ACCESSWIRE / July 28, 2014 / USEI Cannabis Initiatives Corp, A Wholly Owned Subsidiary of US Energy Initiatives Corporation, Inc. (OTC Pink: USEI) is pleased today to announce that on Friday July 25 that its cannabis retail stores entitled “The Ultimate Cure opened for business and saw a steady stream of customers. The stores featured 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) that service cannabis patients. This was a soft opening and the Grand Opening is slated for August 1, 2014.
According to Anthony K. Miller CEO "The successful opening of these retail stores represent the first of many stores to come (Seattle is possibly the location of the next store). These retail stores are located within location(s) that also house existing medical dispensaries that have current traffic. Our CBD (Cannabidiol) products work in the similar manner as those that contain THC without the "stoney" effects that are characterized by smoking weed. Our featured item 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 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 our own recreational dispensary and grow marijuana. Last week we took 6 meeting with possible partners to move in that direction. On Friday a local paper wrote and article on our opening and that article and these images can be found on Twitter and the following links: http://www.thenewstribune.com/2014/07/25/3303773/pierce-county-gets-its-first-retail.html, http://www.useicannabis.com/web/washington-partnerships/, http://www.useicannabis.com/web/cannabis-canada/. Our goal is to build a significant business enterprise that focuses on cannabis related products and services and to add shareholder value to the firm, further commented Miller."
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
Phone: 866 922-1116
Email: [email protected]
Web: www.usenergyinit.com
Web: www.useicannabis.com
SOURCE: US Energy Initiatives Corporation, Inc.