- MCOA
supports a variety of portfolio companies, which participate at different
levels within the cannabis and hemp industries
- The
company has CBD-derived product brand hempSMART as a primary portfolio
holding
- MCOA
provides turn-key services to the legal cannabis and hemp industries
Marijuana Company of America Inc. (OTCQB: MCOA) delivers
recognized brands via innovative marketing distribution companies. MCOA is an
umbrella company. It is undergoing development to support an array of portfolio
companies that participate within the cannabis and hemp industries. Primarily
an industrial hemp business, one of MCOA’s main companies is wholly owned
subsidiary hempSMART Inc. Company management has expertise in cultivation,
processing and distribution. MCOA has its corporate headquarters in Escondido,
California.
The company provides turn-key services to the legal cannabis
and hemp industries. Most of MCOA’s projects are involved in the cultivation
and distribution of hemp-derived products. Its hempSMART subsidiary offers a
line of industrial hemp-derived cannabidiol (CBD) products, which contain no
THC. In addition, hempSMART offers the opportunity to distribute its products
as part of its associate marketing model. In essence, MCOA’s focus is on hemp
more than marijuana. It is targeting the $3.7 trillion wellness industry with
branded cannabidiol products (http://ibn.fm/9Xm9z).
Grand View Research (http://ibn.fm/vFKSd) noted in a report, “The global
industrial hemp market size was estimated at USD 3.9 billion in 2017, expanding
at a CAGR of 14.0% over the forecast period.” It added (http://ibn.fm/yZZBn), “The
global industrial hemp market size is expected to reach USD 10.6 billion by
2025.”
Moreover, Technavio, based on its industry analysis (http://ibn.fm/Mw33r), predicts
that, “…the industrial hemp market will grow at a year-over-year rate of 15.3%
in 2019, with a CAGR of 15.5% through to 2023.” Moreover, the expectation is
that legal marijuana markets will reach $24.5 billion by 2021 (http://ibn.fm/4dw4O).
MCOA is leveraging this growth by establishing itself along
different points in the industrial hemp, cannabis and related services supply
chains (http://ibn.fm/jaGne).
The company and joint venture partner Global Hemp Group Inc. (CSE: GHG) (OTC:
GBHPF) recently announced that clone production for the 2019 season at its
Scio, Oregon, high yielding CBD hemp project is now very active in preparation
for an “as early as possible” planting this year (http://ibn.fm/dGbRc).
Along with hempSMART, MCOA’s portfolio companies include
Brunswick Hemp Project, Covered Bridge Acres LTD and MoneyTrac Technology. The
company’s product portfolio, by way of hempSMART, includes hempSMART Brain,
hempSMART Face, hempSMART Drops, hempSMART Pain Capsules and hempSMART Pain
Cream. The company’s certificates of analysis validate the purity and quality
of its THC-free products (http://ibn.fm/qryOB).
Furthermore, MCOA places an emphasis on the leasing of real
property to separate business entities involved in the growth and sale of
cannabis in those states and jurisdictions where cannabis has been legalized
and appropriately regulated for medicinal and recreational use. The company
additionally engages in the expansion of its business into supplementary areas
of the legalized cannabis and hemp industries.
MCOA continues to work to create value for its shareholders.
It is doing so with diverse initiatives, including strategically investing in
synergistic companies to develop a varied portfolio of subsidiaries and JVs.
MCOA envisions a future in which it will be a model for entrepreneurs and
businesses that share its common goals and philosophies. This includes creating
an environment for businesses to improve quality of life for their customers.
For more information, visit the company’s website at www.MarijuanaCompanyofAmerica.com
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480.374.1336 Office
Editor@QualityStocks.com
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