Innovative hemp and cannabis corporation Marijuana Company
of America (OTC: MCOA) its Joint Venture partner Global Hemp Group Inc. (CSE:
GHG) (OTC: GBHPF) (FRANKFURT: GHG) announced this morning that clone production
at their Scio, Oregon High Yielding CBD Hemp project is in high gear for the
2019 season. The partners are preparing for an “as early as possible” planting
this year with preparations underway for planting of this year’s crop to begin
in late May to early June, providing an additional 45 to 60 days of growing time
compared to last year. This expanded timeframe will allow the hemp plants to
grow considerably larger and generate a greater quantity of biomass. In 2019,
the project will cover cultivation of three high-CBD hemp strains, substantial
biomass yield, and ultra-low THC levels, in addition to superior pest
resistance and disease tolerance. The strains also have a shorter flowering
period, allowing for an earlier harvest before the region’s usual fall rainy
season. The project’s operating company, Covered Bridge Acres (“CBA”), has also
received its registration to cultivate hemp for 2019 from the Oregon Department
of Agriculture. CBA is now registered, also for the 2019 season, to produce or
handle agricultural hemp seed, enabling the company to establish a breeding
program that will potentially generate additional revenue for the project.
To view the full press release, visit http://ibn.fm/rhiuT
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
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