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Thursday, December 08, 2016 8:43:00 AM
IJJ Corporation and American Seed & Oil Company Issue Update on Partnership to Build Residential Treatment Facility for U.S. ...
IJJ Corporation (OTC IJJP) and American Seed & Oil Company today release additional information to shareholders pertaining to the companies' partnership to build a residential treatment facility for U.S. veterans with Post Traumatic Stress Disorder.
American Seed & Oil is planning the acquisition of its Vermont based operating partner, Vermont Sustainable Farming, LLC (VSF), which is registered through the Vermont Hemp Registration Program. VSF and American Seed & Oil entered into an operational agreement earlier in 2014 to facilitate American Seed & Oil Company's first hemp crop. American Seed & Oil through its partnership with VSF has developed a number of relationships and business agreements with property owners, additional farmers, processing operations and universities. Accordingly, with the initial Treatment Facility and Tourist Destination target property in Vermont, VSF is a logical platform and acquisition for American Seed & Oil. American Seed & Oil, with VSF represents the complete components for a successful partnership with IJJ Corporation.
The acquisition of VSF by American Seed & Oil is expected to be completed within the next forty-five (45) to sixty (60) days.
IJJ Corporation expects to structure and engage the investment capital necessary to support American Seed & Oil's acquisition and engagement of pre-construction engineering and architecture services during the same timeframe.
The plan is to use 200 acres by American Seed & Oil to build the treatment facility and cultivate cannabis; the treatment facility will follow the treatment protocol being established by the Multidisciplinary Association for Psychedelic Studies (MAPS) for their planned study of marijuana for symptoms of post-traumatic stress disorder (PTSD), as approved by the U.S. Department of Health and Human Services and to be funded by the Colorado Department of Public Health and Environment.
About IJJ Corporation:
IJJ Corporation is a full service business and management consulting company promoting the union of companies to achieve their goals. The IJJ Corporation's mission is focused on a collaborative engagement between public and private companies, and business professionals designed to ensure successful growth and profitability.
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