Marijuana Holdings Americas Sponsors Florida Cannabis Industry Association, Commits To Florida Medical Marijuana Ballot Initiative

HOLLYWOOD, Fla., April 2, 2014 /PRNewswire/ -- Alternative Fuels Americas, Inc. (AFAI) announced today that its subsidiary Marijuana Holdings Americas, Inc. has founded and will sponsor the Florida Cannabis Industry Association (FLCIA), the primary trade association for Florida's emerging cannabis industry.

"FLCIA's first order of business is to ensure the success of the Florida ballot referendum on legal medical marijuana set for this November", stated Mr. Frank, AFAI CEO and FLCIA's founding chairman. "We are committed to helping lead this effort in cooperation with and by backing those who initiated the campaign.

"Our initiative on this matter demonstrates both our desire to work cooperatively with all those working to bring legal medical marijuana to Florida, as well as our willingness to step up and assume a leadership position and contribute to the cause", continues Mr. Frank. "As we have seen in Oregon where we are pursuing licenses, as well as most states with successful legalization efforts, the local cannabis industry association makes meaningful and crucial contributions to the development and growth of a viable cannabis industry. We intend to do the same".

About Florida Cannabis Industry Association

The Florida Cannabis Industry Association is a membership based organization engaging in advocacy and awareness, networking and training, and community outreach on behalf of the legalization of medical marijuana in Florida. The FLCIA's primary tasks will include advocacy for industry interests, training, networking, and the industry affairs. The Association will hold events such as seminars, festivals, investor sessions and networking meetings throughout the State to promote knowledge, encourage participation and work toward the approval of the November ballot referendum. Moreover, and equally important, the Association also provides the forum for the development of industry consensus and positions and the source of a unified code of ethics and corporate citizenry.

About Alternative Fuels Americas (AFAI)

AFAI (OTCQB: AFAI) is a disruptive sectors company seeks to identify and enter early stage business opportunities that mark a significant change in the status quo from which to extract value for its shareholders. The company's alternative fuels division has pioneered the development of above ground oil fields in Central America and continues to innovate clean fuel - recently focusing on aviation fuel.

Marijuana Holdings Americas (MJAI)

AFAI's subsidiary, Marijuana Holdings Americas, Inc. was founded to enter the rapidly growing medical and recently legalized recreational marijuana market with the goal of securing new medical and recreational marijuana licenses, potentially acquiring existing Cannabis production/sales operations and evaluating related business opportunities, subject to legal compliance and advice of counsel.

IMPORTANT DISCLOSURE: AFAI and MJAI are planning execution of their stated business objectives in accordance with current understanding of State and Local Laws and Federal Enforcement Policies and Priorities as it relates to Marijuana (as outlined in the Justice Department's Cole Memo dated August 29, 2013), and plan to proceed cautiously with respect to legal and compliance issues. Potential investors and shareholders are cautioned that AFAI and MJAI will obtain advice of counsel prior to actualizing any portion of their business plan (including but not limited to license applications for the cultivation, distribution or sale of marijuana products, engaging in said activities or acquiring existing Cannabis production/sales operations). Advice of counsel with regard to specific activities of AFAI and MJAI, Federal, State or Local legal action or changes in Federal Government Policy and/or State and Local Laws may adversely affect business operations and shareholder value.

Forward Looking Statements

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, acceptance of the Company's current and future products and services in the marketplace, the ability of the Company to develop effective new products and receive regulatory approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

CONTACT:
Craig Frank
561-210-7664
[email protected]

SOURCE Alternative Fuels Americas, Inc.