SILVER SPRING, MD. -- February 19, 2015 -- InvestorsHub NewsWire
-- 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.
SOURCE IJJ Corporation