SILVER SPRING, Md.,
Feb. 18, 2015 /PRNewswire/
-- IJJ Corporation (OTC: IJJP) has entered into a partnership
agreement with American Seed & Oil Company, a subsidiary of
Algae International Group, Inc. (OTC: ALGA), to build a residential
treatment facility for U.S. Veterans with chronic Post Traumatic
Stress Disorder (PTSD). The treatment protocol will include, but
will not require smoking or vaporizing marijuana but will require
that all residents participate in an education program teaching
sustainable marijuana cultivation skills.
Plans for the facility call for construction on a 100-acre
sustainable farm concentrating primarily on hemp and marijuana
cultivation where resident patient/students will have the
opportunity to practice and hone organic and sustainable farming
skills. Plans for the facility also include establishing
partnerships with other organic and sustainable farming operations
nearby the treatment facility/school where patient/students will
have the opportunity to gain experience with crops other than hemp
and marijuana.
The PTSD residential treatment facility for U.S. Veterans was
conceived by the American Seed & Oil Company, a subsidiary of
Algae International Group, Inc. (OTC: ALGA). American Seed
& Oil Company is founded, majority owned and managed by U.S.
Veterans. American Seed & Oil Company approached IJJ
Corporation based on IJJ's recent success with the innovative
partnerships to expand marijuana farming facilities in Canada and
the Michigan Plant Technologies LLC.
"As a wartime Veteran myself, I am personally very enthusiastic
about American Seed & Oil Company's plan and I am likewise
committed to seeing the plan come to fruition," said IJJ
Corporation's Chairman and President, Clifford Pope. "Based on IJJ's experience
with the partnerships that have contributed towards the expansion
of the Canadian facilities and Michigan Plant Technologies, I am
confident IJJ is the right organization to see American Seed &
Oil Company's U.S. Veteran PTSD Residential Treatment Facility
funded and built."
"American Seed & Oil Company has had the U.S. Veteran PTSD
Residential Treatment Facility in the works for almost a year now,"
said Steven Rash, CEO of American
Seed & Oil and Algae International Group, and I am also a
Veteran. "We have identified land, recruited university
sponsorship, and engaged professional social work
expertise. When we learned of IJJ's experience with marijuana
projects in Canada and
Michigan, their project funding
strategy seemed to be the right fit."
IJJ Corporation and American Seed & Oil are not alone in
their interest regarding the potential benefits of marijuana in the
treatment of PTSD. In December of 2014, The Colorado Department of
Public Health and Environment awarded a $2
million grant to the non-profit Multidisciplinary
Association for Psychedelic Studies (MAPS) for their planned study
of marijuana for symptoms of posttraumatic stress disorder (PTSD)
in 76 U.S. veterans, approved by the U.S Department of Health and
Human Services.
Watch for further developments on the U.S. Veterans PTSD
Residential Treatment Facility with IJJP and ALGA on the now
available IJJ website, www.cannabisheadliners.com.
Algae International Group, Inc. (OTC: ALGA), through its
operating subsidiary American Seed & Oil Company, Inc. (ASOC),
is in the business of hemp production in Vermont to supply seed to the expanding hemp
farming market, hemp based consumer products market, and hemp based
construction material market. The Company is also piloting a
number of other cannabis related products. For more information
please visit www.americanseedandoil.com
ALGA, through its subsidiary ASOC, announced an alliance with
World Hemp Oil (www.worldhempoil.com) to distribute quality CBD
(Cannabidiol) Oil produced by ASOC's growing network of American
farmers. World Hemp Oil is a wholesaler of CBD oil used in
Nutraceutical and Pharmaceutical products. The CBD Oil is
comparable to Charlotte's Web, a sativa marijuana strain that has
gained popularity as a good option for treating seizures as well as
a range of other medical conditions, and is ready to be
produced.
ALGA, through its operating subsidiary ASOC, announced an online
interview with CEO Steven Rash
regarding current and future hemp operations. He explained how
ASOC has the largest legal hemp harvest in Vermont in 60 years; plans to begin hemp
production in New York in 2015;
pending pilot research agreement with NY based university; EpiVape
preparing for launch in phased campaign; CBD Hemp oil research for
treatment of neurological disorders; and 1,000 acres commitment
from Vermont farmers for Hemp production. The interview can be
heard on the cannabisheadliners.com website that is now live.
ALGA, through its operating subsidiary ASOC previously announced
plans to construct up to 12 multi-room indoor grow facilities over
the next twelve to eighteen months. The Company recently
announced that they were successful in having secured financing to
construct a new facility to grow medical marijuana in the
State of Maine. ALGA has also
secured financing for funding for up to 12 similar facilities in
states where legal medical marijuana or recreational marijuana has
been passed into law. The funds to construct the facility in the
State of Maine and the anticipated
funding of the 12 additional facilities are secured by the facility
and the forecasted performance of the grow operations.
Of the 1,000 acres committed in Vermont, 200 acres are committed to IJJ Corp,
and its partner ASOC, to provide the construction of a Research
& Development Facility.
About IJJ Corporation:
IJJ Corporation is a full service business and management
consulting group promoting the union of companies to achieve their
goals. Our mission is focused on both Public and Private Business
professionals to increase resources designed to help organizations
succeed through partnerships and growth objectives.
Forward-looking statement
This press release contains statements which may constitute
"forward-looking statements" within the meaning of the Securities
Act of 1933 and the securities Exchange Act of 1934, as amended by
the Private Securities Litigation Reform Act of 1995. Those
statements include statements regarding the intent, belief or
current expectations of the Company and members of its management
as well as the assumptions on which such statements are based.
Prospective investors are cautioned that any such forward-looking
statements are not guarantees of future performance and involve
risks and uncertainties, and that actual results may differ
materially from those contemplated by such forward-looking
statements. Investors are cautioned that due to the Company's
acquisition of the right to receive income from marijuana farming
operations, an investment in this Company is extraordinarily risky,
involving a multiplicity of extreme risks, that in some respects
exceed that of any legal investment in the history of investing,
particularly given the conflict of laws and the potential
consequences of that conflict, including very substantial legal
risk of federal prosecution, penalty and imprisonment, as marijuana
is still classified federally as a Schedule 1 narcotic.
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SOURCE IJJ Corporation