Dallas, Texas (PRWEB) September 30, 2014
The American Seed & Oil Company, a subsidiary of Algae International Group, Inc. (OTC: ALGA) shared its first hemp crop progress last week at the Hemp Industries Association (HIA) Annual Conference in Washington, D.C. and joined the HIA on Capital Hill to lobby for the exclusion of hemp from the definition of marijuana. American Seed & Oil joined forces with hemp industry leaders to include Nutiva and Dr. Bronner’s Magical Soaps at the HIA Conference.
To learn more about the Company’s cannabis business strategy and the progress to date in the development of that strategy, visit the Company’s new American Seed & Oil Company website. In particular, read ‘The Introduction Of The American Seed & Oil Company’ found on the website to specifically learn about the Company’s current hemp crop and all three new cannabis industry subsidiaries.
About Algae International Group, Inc. and The American Seed & Oil Company, Inc.
(OTC: ALGA) Algae International Group, Inc. first became interested in the cannabis opportunity last year while attempting to build a business to produce bio diesel from cold pressed algae oil. While the ‘promise’ of the cannabis market is great, the path to achieving the ‘promise’ is unclear. An incubator improves the odds of success in an early and rapidly evolving market by building multiple, complimentary businesses with an initial strategy to explore market opportunity rather than to attempt seizing market opportunity prematurely. Accordingly, the Company is starting with three incubated subsidiaries, and will continue to explore the introduction of additional complimentary subsidiaries. As subsidiaries develop to a viable stage of independence, the Company will spinoff such subsidiaries creating independent ROI opportunities for parent shareholders.
Learn more about the incubated subsidiaries at http://www.AmericanSeedandOil.com.
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