USEI Cannabis Finalizes Deal in Seattle, Washington
March 27 2014 - 8:45AM
Marketwired
USEI Cannabis Finalizes Deal in Seattle, Washington
SANTA CLARITA, CA--(Marketwired - Mar 27, 2014) - USEI Cannabis
Initiatives Corp, a Wholly Owned Subsidiary of U.S. Energy
Initiatives Corporation, Inc. (OTC Pink: USEI) (PINKSHEETS: USEI)
-- USEI announces today that it has successfully negotiated terms
with a Washington product producer that will propagate a product
line in the Colorado market. After intense negotiations the parties
came to a tentative agreement with terms and details to be drafted
by counsel and inked by the 1st week in April. The agreement will
allow USEI to begin producing edible products in Colorado almost
immediately. Management will travel next week where they will host
meeting with growers, producers and many other industry
professionals to complete their strategic plan to extend this leg
of the business entity and solidify the edible end that will also
encompass oil extractions and the likes.
According to Anthony Miller, CEO, "This is step one, our next
step is traveling to Colorado to meet with licensing, equipment
manufacturers, and growers so that we can effectively produce
cannabis extracts for ourselves and other users that will be
available this year. These meetings will cover 4 consecutive
additional days to enhance our launch efforts, so that we can start
producing and introducing these products legally in the
marketplace. Information regarding our strategies will be
forthcoming in the coming weeks and basic information regarding our
present cannabis subsidiary can be found on the company's website
at www.useicannabis.com/web/."
About U.S. Energy Initiatives: U.S. Energy Initiatives
Corporation is a diverse (OTC Pink: USEI) (PINKSHEETS: 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 develop its old and new technologies
and to build a dynamic and diverse firm. From 2014-2015 U.S. Energy
Initiatives will center on Energy, Medical Marijuana and Hemp for
developing products and services. 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.
DISCLOSURES: "Safe Harbor" statement under the Private
Securities Litigation Reform Act of 1995: This press release may
contains forward-looking statements that are subject to risk and
uncertainties, including, but not limited to, the impact of
competitive products, product demand, market acceptance risks,
fluctuations in operating results, political risk and other risks
detailed from time to time in the Company's filings with
OTCMarkets.com and as required to the Securities and Exchange
Commission. These risks could cause USEI's actual results to differ
materially from those expressed in any forward-looking statements
made by, or on behalf of, the Company.
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
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