Marijuana Company of America Inc. (MCOA) Begins Clone Production Earlier, Aiming for Extended Growing Season

• Planting at the Scio project in Oregon can begin in late May or early June, extending the growing season by 45 to 60 days
• The project has already received Oregon Department of Agriculture registration to cultivate hemp in 2019
• Company will cultivate three different strains of hemp, characterized by high CBD content and a very low THC level

Marijuana Company of America Inc. (OTCQB: MCOA), an innovative hemp and cannabis corporation, announced on January 10 that clone production at the Scio, Oregon, high yielding CBD hemp project is underway. MCOA and joint venture partner Global Hemp Group Inc. (OTC: GBHPF) (CSE: GHG) (FRANKFURT: GHG) are preparing to begin planting as early as possible in 2019, which will have a positive effect on the length of the growing season (http://ibn.fm/ilRRX).

In 2018, MCOA had a late start because of delays in finalizing the acquisition of the Scio property – a 109-acre farm to cultivate high yielding CBD hemp. The property is located in the fertile Willamette Valley that has a history of hemp cultivation.

According to plans, planting can begin in late May or early June this year. As a result, MCOA will lengthen the growing season by 45 to 60 days. The additional time will allow for the plants to grow considerably larger and to generate a significantly larger quantity of biomass in comparison to 2018.

The company will cultivate three strains of hemp at the Scio project this year. All three strains are characterized by high CBD content, ultra-low levels of THC and substantial biomass yields. Additionally, the selected strains have superior pest resistance and a shorter flowering period, enabling earlier harvest.

The hardiest phenotypes will create the mother plants that will be in the heart of the cloning process. MCOA started the cloning process in November 2018, soon after the completion of the annual harvest and drying operation. As a result of the cloning operation, MCOA expects to have approximately 40,000 plants that will be needed for the lower 35 acres of the farm.

MCOA is also working on expanding the scope of the cloning operation. The Scio project team is upgrading both the light and the electrical systems in the property greenhouses. According to preliminary estimates, cloning operations are projected to produce a greater number of plants than what’s required for the farm.

Getting the cloning project underway has an added benefit for MCOA; it eliminates the need for the purchase of clones produced by third-party growers. In 2018, the company had to adopt such an approach, which contributed to operating expenses of more than $200,000 due to the late acquisition of the property. There was not time to produce enough clones for the 2018 crop.

Covered Bridge Acres (“CBA”), the project operating company, has already received Oregon Department of Agriculture registration to cultivate hemp in 2019. In addition, CBA has a permit to produce and handle agricultural hemp seed, which means that a seed breeding program can be established.

MCOA specializes in the production and development of legal hemp-derived CBD products under the hempSMART™ brand. The brand targets general health and wellbeing.

For more information, visit the company’s website at www.MarijuanaCompanyofAmerica.com

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