IJJ Corporation and American Seed & Oil Introduce US Veterans PTSD Residential Treatment Facility Project to Include Marijuana in Treatment Plan
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.
SOURCE IJJ Corporation
Share this article