[NEWS RELEASE] – Valencia-based USEI Cannabis Initiatives Corp, a Wholly Owned Subsidiary of U.S. Energy Initiatives Corporation, Inc. (otc pink:USEI) (pinksheets:USEI) — USEI announces today that it has successfully negotiated terms with a Washington product producer that will propagate a product line in the Colorado market. After intense negotiations the parties came to a tentative agreement with terms and details to be drafted by counsel and inked by the 1st week in April. The agreement will allow USEI to begin producing edible products in Colorado almost immediately. Management will travel next week where they will host meeting with growers, producers and many other industry professionals to complete their strategic plan to extend this leg of the business entity and solidify the edible end that will also encompass oil extractions and the likes.
According to Anthony Miller, CEO, “This is step one, our next step is traveling to Colorado to meet with licensing, equipment manufacturers, and growers so that we can effectively produce cannabis extracts for ourselves and other users that will be available this year. These meetings will cover 4 consecutive additional days to enhance our launch efforts, so that we can start producing and introducing these products legally in the marketplace. Information regarding our strategies will be forthcoming in the coming weeks and basic information regarding our present cannabis subsidiary can be found on the company’s website at www.useicannabis.com/web/ .”
About U.S. Energy Initiatives: U.S. Energy Initiatives Corporation is a diverse (otc pink:USEI) (pinksheets:USEI) energy firm. This firm started in 1996 and has had a long successful business history of developing its business strategies. Management’s new goal is to develop its old and new technologies and to build a dynamic and diverse firm. From 2014-2015 U.S. Energy Initiatives will center on Energy, Medical Marijuana and Hemp for developing products and services. Our goal here is to become an environmentally responsible firm, marketing our products to a worldwide audience to produce significant revenue and add value for our shareholders.
DISCLOSURES: “Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This press release may contains forward-looking statements that are subject to risk and uncertainties, including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time in the Company’s filings with OTCMarkets.com and as required to the Securities and Exchange Commission. These risks could cause USEI’s actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, the Company.
Gov. Gavin Newsom unveiled a plan that would spend about $1.5 billion of the state’s $75.7 billion surplus in grants of up to $25,000 to support small businesses, according to state officials this week.
Fourteen-year-old Andrew Jenofsky was the first in line to get his shot at Henry Mayo Newhall Hospital Thursday morning, as adolescents ages 12-15 were given the go-ahead to get Pfizer’s COVID-19 vaccine.
Los Angeles County Public Health officials said it will review the Centers for Disease Control and Prevention's newly released guidance for fully vaccinated residents in order to make adjustments to the current County and state guidelines.
The Centers for Disease Control and Prevention released guidance Thursday indicating that people who are fully vaccinated against COVID-19 can safely resume activities that were done prior to the pandemic.
A total of 277 single-family homes changed owners during April in the Santa Clarita Valley as the as the tight inventory rose to its highest level in five months, though remained well below year-ago totals, the Southland Regional Association of Realtors reported Thursday.
After making numerous requests for correction for failure by the County Board of Supervisors to abide by various sections of the Brown Act, the Santa Clarita Organization for Planning and the Environment was left with no option than to file a formal legal complaint.
The case against a prominent Santa Clarita Valley Realtor who had been accused of a sexual assault stemming from a Las Vegas real estate conference last summer was dismissed, a court clerk confirmed Thursday.
Santa Clarita Mayor Bill Miranda responded Tuesday to criticisms of the city of Santa Clarita Human Relations Roundtable, which was formed as a result of last summer’s protests about issues involving race relations.