- MCOA
wants to extend its CBD-infused hempSMART brand into Asia and Europe using
capital raised from the sale of common stock
- March
launch of hempSMART in the U.K. kicks off planned entry of the brand into
Europe
- hempSMART
campaign in U.S. includes participating in high-level events such as the
Super Bowl and pre-Academy Awards festivities
Marijuana Company of America Inc. (OTCQB: MCOA) is
raising the profile of its hempSMART subsidiary in the United States and is
planning an expansion of the brand into Asia and Europe. The company intends to
use $10 million in new capital that it plans to raise from the sale of common
stock to fund these expansion efforts. MCOA has already filed a form S-1 with
the SEC to begin the registration process (http://ibn.fm/GixtI).
MCOA has also begun to unveil the hempSMART brand in the
United Kingdom prior to entering the continent of Europe, including scheduling
a pre-launch event in London this month. In addition, Marijuana Company of
America has established a regional office, a customer service team and a
distribution center in London. Field marketing and training have already been
completed for hempSMART UK (http://ibn.fm/WTcHc).
In a news release, MCOA CEO Donald Steinberg said, “As
legislation continues to evolve and the demand for hemp-derived CBD products
grows internationally, we will continue to launch our hempSMART associate
marketing model and products to additional countries across the world.”
MCOA conducts product research and development of legal
hemp-based consumer products containing CBD under the brand name hempSMART.
Focused on general health and well-being, the company also conducts an
affiliate marketing program to promote and sell its legal hemp-based consumer
products containing CBD. In addition, MCOA is expanding its business into
ancillary areas of the legalized cannabis and hemp industry as this segment
matures and develops.
To further raise its brand profile in the States, MCOA
participated in high-awareness events at Super Bowl LIII and prior to this
year’s Academy Awards. During those activities, athletes, celebrities, actors,
musicians and other attendees received samples of hempSMART products (http://ibn.fm/BLYYc).
For more information, visit the company’s website at www.MarijuanaCompanyofAmerica.com
NOTE TO INVESTORS: The latest news and updates relating to
MCOA are available in the company’s newsroom at http://ibn.fm/MCOA
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www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
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