IJJ Corp (IJJP)

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IJJ Corporation (IJJP) Announces the Addition of Cannaworx, Inc. of California to Its Medical Marijuana Acquired Joint Venture


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IJJ Corporation (IJJP) Announces the Addition of Cannaworx, Inc. of California to Its Medical Marijuana Acquired Joint Venture – Contractual Rights of 50% Annual – Income Sharing Program, for Cannaworx, Inc.
SILVER SPRING, MD - February 12, 2015 - InvestorsHub NewsWire -

IJJ Corporation (IJJP.PK) announces an agreement with Cannaworx Inc., of California, to provide funding for the expansion of Cannaworx medical marijuana operations to grow and provide various strains of medicinal marijuana (MMJ) to licensed cooperatives, collectives and dispensaries under California State MMJ guidelines. The agreement entitles IJJ Corporation, and other entities, collectively, up to 50% of the net income from the growing, processing and distribution of MMJ in the state of California. As a result of this transaction, IJJ Corporation’s share of MMJ income will increase from the previously announced $2,100,313, annually from other cannabis farming operations, in exchange for stock to be delivered over time. Among the other participants are Gear International (“GEAR”) and Texas Wyoming Drilling (“TWDL”).

Cannaworx plans include the building of multiple greenhouses, each configured with requisite adaptations for an efficient operation that includes the growing, processing, and distribution of medicinal marijuana products. Additionally, Cannaworx will extract and produce CBD extracts, edibles, and elixirs. Branded and private label product lines will be created based on the needs of the marketplace.

“The addition of Cannaworx to our Medical Marijuana expansion project is another step forward in our program to provide the funding to non-traditional businesses, enabling these operations to be more efficient and profitable. “, states IJJ Corporation’s Chairman and President, Clifford Pope. Mr. Pope continues “These improvements have a direct impact to their bottom lines which in turn yields greater revenue streams to IJJ Corporation. We will continue to pursue opportunities that add revenue streams to IJJ Corporation and value to our shareholders.”
Forward-looking statement…