USEI Cannabis Initiatives Corp., a wholly owned subsidiary of US Energy Initiatives Corporation, Inc. (OTC Pink: USEI) is pleased to announce today that the Company's consultants and strategic partners, Abraham Paiss and Associates, attended the meeting on February 28, 2014 on behalf of USEI. The Industrial Hemp Program Manager from the Colorado Department of Agriculture conducted the meeting which was attended by about 200 interested participants. The coordinator gave the attendees an overview of the process and answered numerous questions. USEI received an Industrial Hemp Registration Application (grow license) which can be submitted beginning March 1, 2014 thru May 1, 2014.
According to Anthony Miller, USEI CEO, "According to a CBS Denver article: Hemp Farming Could Turn Into Economic Boon For Colorado FORT COLLINS, Colo. (CBS4) -- a growing farming fad in Colorado is to grow hemp -- now that it's legal, and at least one long-time farming family is hoping to cash in on the crop. The complete article and video can be found at the following link (hit the Ctrl button and click on the link): http://denver.cbslocal.com/2014/02/28/hemp-faming-could-turn-into-economic-boon-for-colorado/. Rock 'n' Robin's in Fort Collins sells products that are made of hemp such as t-shirts, handbags and other products. Farmers are hoping it creates a new industry for Colorado. Kirk Eppelsheimer grew up around farming, but he never gave the profession much thought until Colorado made history by legalizing hemp production."
"We want to get started now, try to be a leader in this new industry," Eppelsheimer said. He plans to be among the first to register to grow hemp in Northern Colorado. He may plant some of that crop on nearly 50 acres of his family's land.
"I am imagining a field back here of 10-foot tall hemp plants ready to harvest for all their goodies -- is really exciting," Eppelsheimer said. Proponents see it as a profitable crop -- one that is on par with commodities like soybeans and corn. But as a member of the marijuana family, hemp has a bad rap. "I have no interest in growing drugs," Eppelsheimer said. "I want to grow fuel and building materials and food and fiber."
Morris Beagle deals in hemp products such clothing, handbags, shoes, and even shampoo. He sells the items in Colorado, but the hemp used to make them now comes as far away as Europe and Asia.
"You can build houses out of hemp and I think the whole building industry could be a really big thing, not only for Colorado, but for the U.S.," Beagle said. Both Beagle and Eppelsheimer think Colorado's fledgling hemp industry could turn into an economic boon. They hope perceptions change and acceptance grows.
There is a meeting Saturday for people who are interested in growing hemp. It will be held in Boulder at the public library from 11 a.m. until 2 p.m. (meeting attended by our consultants).
Miller further stated, "We now have the capital, and we have been in touch with farmers in Colorado and seed providers. It is our hope to farm, or partner with farmers to grow hemp in Colorado; once legally permissible. We are also looking at other ventures in Colorado, that are related to growing technologies and marketing consumable products."
For more information regarding our cannabis subsidiary go to our website located @ www.useicannabis.com/web/.
About U.S. Energy Initiatives: U.S. Energy Initiatives Corporation is a diverse (OTC Pink: USEI) firm, that has a long history of developing hybrid fuel systems. 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 the bio-fuels, 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/web
SOURCE: U.S. Energy Initiatives Corp.
Associated Documentation:
Link to submission on http://www.eteligis.com
USEI_3-3-13_ETL_SMU_2.docx
To unsubscribe from any future mailings, please visit: http://www.eteligis.com/MassMailUnsubscribe.aspx
Copyright eTeligis Inc. 2014. All rights reserved.
0 comments:
Post a Comment