AUGUSTA, ME — Members of a special legislative committee have called for changes in the state’s voter-initiated adult use marijuana law prior to its full implementation. The full legislature is expected to debate the proposed changes as an emergency bill during a special session this October. Maine voters narrowly approved The Marijuana Legalization Act in November. Provisions in the law […]
The DEA on Thursday again refused to reschedule marijuana, arguing that its therapeutic value has not been scientifically proven. The move rejecting a rescheduling petition from two governors comes despite medical marijuana being legal in half the states and in the face of an ever-increasing mountain of evidence of marijuana’s medicinal utility. “DEA has denied two […]
Bellingham hemp advocate hopes to change the way we build
Pam Bosch of Bellingham is trying to build a future for industrial hemp in the United States. The 62-year-old artist acknowledges that hemp, which generally refers to the inside stalk and seeds of the cannabis plant, gets a bad rap because of its …
Read more on The Bellingham Herald
Legalizing Weed: 7 Facts About Virginia's Legalization of Industrial Hemp Farming
While there as been great debate around the country on marijuana, with some states legalizing weed in all its forms, Virginia has gone ahead with the legalization of industrial hemp, the "buzzless" commercial version of the cannabis sativa plant …
Read more on Newsmax
Can cannabis gelato change Italy's attitude to weed?
The gelato is made with shelled hemp seeds, which De Michelis says contain minimal and legal traces of tetrahydrocannabinol, the psychoactive ingredient in Cannabis. Surprisingly, De Michelis says the shop's weed-infused range of treats, which includes …
Read more on CNN
Cannabis use linked to worse treatment outcomes for psychosis patients
Patients experiencing a first episode of psychosis may endure worse treatment outcomes if they use cannabis, say researchers, after finding that such patients are 50% more likely to be admitted to the hospital after initial treatment than non-users of …
Read more on Medical News Today
Dallas, Texas (PRWEB) October 02, 2014
The American Seed & Oil Company, a subsidiary of Algae International Group, Inc. (OTC: ALGA) participated last week in the U.N. Climate Change Summit (http://www.un.org/climatechange/summit/). Hemp is a sustainable agricultural crop with proven benefits to the environment not to mention its potential as a sustainable clean fuel alternative to hydrocarbon based fuels.
To learn more about the potential of industrial hemp, see:
Congressional Research Report – June 2014 – Hemp As An Agricultural Commodity
Forbes: Industrial Hemp: A Win-Win For The Economy And The Environment
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 under “news” 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