Dallas, TX (PRWEB) August 28, 2014
The American Seed & Oil Firm, a subsidiary of Algae Global Group, Inc. (OTC: ALGA), announced last week a strategy launched last January to enter the current U.S. $ 500 million Industrial Hemp industry.
The announcement can be found on Bloomberg BusinessWeek:
The Organization subsequently launched particulars to increase its present hemp farming operations in Vermont:
Today the Company produced public its efforts to expand into Colorado.
In June this year, Management participated in the first annual Weed Stock Conference in Denver, Colorado.
At the Weed Stock Conference, the Company engaged a amount of neighborhood events in early negotiations to establish hemp and marijuana farms in Colorado. The Business is also exploring retail and wholesale operation pilots in addition to achievable cannabis tourism tasks.
To discover much more about the Company’s cannabis organization approach and the progress to date in the growth of that approach, check out the Company’s new American Seed & Oil Organization internet site. In certain, go through ‘The Introduction Of The American Seed & Oil Company’ identified on the internet site to specifically learn about the Company’s current hemp crop and all three new cannabis sector subsidiaries.
About Algae International Group, Inc. and The American Seed & Oil Company, Inc.
(OTC: ALGA) Algae International Group, Inc. very first grew to become interested in the cannabis possibility final year whilst attempting to create a business to create bio diesel from cold pressed algae oil. While the ‘promise’ of the cannabis marketplace is excellent, the path to obtaining the ‘promise’ is unclear. An incubator improves the odds of success in an early and quickly evolving market by creating several, complimentary businesses with an original technique to explore market opportunity rather than to attempt seizing industry possibility prematurely. Accordingly, the Firm is starting up with 3 incubated subsidiaries, and will carry on to check out the introduction of additional complimentary subsidiaries. As subsidiaries create to a viable stage of independence, the Firm will spinoff this kind of subsidiaries generating independent ROI options for mother or father shareholders.
Discover more about the incubated subsidiaries at http://www.AmericanSeedandOil.com.
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