Innovative hemp and cannabis corporation Marijuana Company
of America Inc. (OTC: MCOA) this morning issued an update on its joint venture
project with partner Global Hemp Group Inc. (CSE: GHG) (OTC: GBHPF) in Scio,
Oregon. Per the update, harvest has commenced at the farm. During the next 10
days, the team will harvest this year’s crop consisting of roughly 36,000 high
yielding CBD hemp plants that were grown in an orchard style cultivation on 33
acres. Following the harvest, the hemp will be dried in preparation for storage
prior to processing. After the drying of this year’s crop is complete, the
previously purchased fifth greenhouse will be installed, increasing the active
greenhouse space at the project to over 19,000 sq. ft. Utilizing the current
and future greenhouses, cloning operations for the winter crop has been
initiated by the team. Additionally, the update reports that the success of
this year’s hemp cultivation has attracted the attention of the local
community. Management is currently in discussions with several local farmers
concerning contract farming and share cropping for the project, starting next
year.
To view the full press release, visit http://ibn.fm/QcHzq
About Marijuana Company of America Inc.
MCOA is a corporation which participates in: (1) product
research and development of legal hemp-based consumer products under the brand
name “hempSMART™”, that targets general health and well-being; (2) an affiliate
marketing program to promote and sell its legal hemp-based consumer products
containing CBD; (3) leasing of real property to separate business entities
engaged in the growth and sale of cannabis in those states and jurisdictions
where cannabis has been legalized and properly regulated for medicinal and
recreational use; and, (4) the expansion of its business into ancillary areas
of the legalized cannabis and hemp industry, as the legalized markets
and opportunities in this segment mature and develop. For more information,
visit the company’s website at www.MarijuanaCompanyofAmerica.com
About QualityStocksNewsBreaks
QualityStocksNewsBreaks provide
a rapid summary of corporate news that catch the attention of QualityStocks.
QualityStocksBreaks are designed to keep investors up to date on important and
breaking news in the small-cap and micro-cap markets. Spanning all industries,
including energy, entertainment, telecommunications, healthcare, retail and
more, these news breaks deliver opportunities the investment community may have
missed. Whether it is earnings results, mergers and acquisitions, or any other
market-moving news, our news breaks keep you in the know. QualityStocks is
committed to connecting subscribers with companies that have huge potential to
succeed in the short and long-term future. It is part of our mission statement
to help the investment community discover emerging companies that offer
excellent growth potential.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the
QualityStocks website applicable to all content provided by QS, wherever
published or re-republished: http://www.qualitystocks.net/disclaimer.php
No comments:
Post a Comment