SANTA CLARITA, CA--(Marketwired - Feb 8, 2017) - USEI CANNABIS Initiatives CORP, a wholly owned subsidiary of US ENERGY INITIATIVES CORPORATION, INC. (
According to Anthony Miller, CEO , "In 2014 we entered the cannabis space and immediately opened 2 dispensaries in the state of Washington where we sold CBD based products (topicals, tincture, lotions, potions, straight CBD oil, pills, vapes, t-shirts, batteries, pens, pipes, edibles and a wide range of products branded with our logo "real McCoy Genuine Cannabis"), we had an online store called the Ultimate Cure, and got in line to get a Recreational license in the state of Washington. Our success was limited because we were not permanent residents and because we got into the game a little late and saw many residents make significant money all around us. Our goal is to take all of the experiences we have learned in the past years and channel it and all of our energy and strategic partnerships into California cannabis. USEI has a current license to grow and partners that have been growing for many years successfully in California and know the hottest strains that produce the highest yields and money. We plan on growing California cannabis in the 1st quarter of 2017; also we plan to re-launch our online store under our brand name Real McCoy Genuine Cannabis, and more importantly our focus will be on producing cannabis oil for the California marketplace. This week Management is in Oregon where the best cannabis oil in the world is currently being sold and produced... because the best technology is here. It is Management's view that the production, sales and the ability to create products with the highest quality oil and the highest quality THC and or CBD is key to our success. This will be our major focus in 2017... super-critical CO2 extractions with the best available technology and it our goal to leverage our relationship with MRX- xtractors to accomplish our goals ( YouTube it folks you will be amazed ). We will describe this plan and our relationship at a later date. This new vision will be the best path possible, and that 2017 and beyond will be our better years," commented Miller.
About U.S. Energy Initiatives: U.S. Energy Initiatives Corporation (
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.
U.S. Energy Initiatives Corporation, Inc. Investor Relations Ph: 866.411.8018 Email: info@usenergyinit.com Web: www.usenergyinit.com Web: www.useicannabis.com/web Twitter: twitter.com/useicannabis Facebook: www.facebook.com/USEI-Cannabis-1472996912912834/
