DALLAS, Apr. 17, 2015 /PRNewswire/ --Steven Rash, the CEO of Algae International Group, Inc. (ALGA), and its operating subsidiary American Seed & Oil Company, presented the Company's latest developments in an exclusive presentation to investors yesterday in New York City. Mr. Rash's presentation featured the Company's Product Development Strategy.
The American Seed & Oil Company has recently announced the Dube Hemp Energy Drink, Hippie Butter Hemp Seed Foods, the EpiVape, and Hempster Clothing. The Company has also announced a Medical Cannabis Cooperative.
"To fully understand the American Seed & Oil Company product development strategy, think Johnson & Johnson or Proctor & Gamble," said Mr. Rash. "These two companies extensively research specific consumer needs and design very exact products to satisfy those needs. As science and technology advance, the two companies enhance existing consumer products and innovate new products to better satisfy specific consumer needs."
Mr. Rash continued:
"American Seed & Oil Company's core belief is that cannabis can make people's lives better. Cannabis can help people that suffer from cancer or seizure disorders among numerous other diseases. Cannabis is a healthy source of protein and fatty acids that everyone's body needs. The fibers that come from cannabis can be used in paper, clothing and construction material, to name only a few uses, and those fibers require no pesticides, and far less land and water to produce than, for instance, trees and cotton. Cannabis can fight disease, improve wellness and do so in an environmentally sustainable manner. American Seed & Oil is dedicated to finding the best possible applications for cannabis to serve consumers. Where we don't yet today have the research and development budgets of Johnson & Johnson or Proctor & Gamble, we can otherwise offset our temporarily limited financial resources with partnerships, real consumer feedback from pilot product tests and our passion for the future of legal cannabis combined with our future customers' even more exuberant passion for the future of legal cannabis."
About Algae International Group, Inc.
Algae International Group, Inc. (ALGA), through its operating subsidiary American Seed & Oil Company, Inc., is in the business of hemp production to supply seed to the expanding hemp farming market and hemp based consumer and commercial product markets. The Company is also piloting a number of other cannabis related consumer and commercial products and service offerings as part of a comprehensive strategy to stimulate a rapid expansion of the growing market place for legal cannabis. For more information please visit www.americanseedandoil.com
Follow the company on Twitter: http://twitter.com/US_HEMP
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.
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SOURCE Algae International Group, Inc.