Marijuana Company of America (OTCQB: MCOA), an innovative
hemp and cannabis corporation, is advancing in its effort to develop
farm-to-consumer vertical collaboration between its subsidiaries in the
cannabis space. A recent article discussing the company reads, “This month, the
company added a push into the tetrahydrocannabinol (THC) product space by
announcing an LOI with Natural Plant Extract of California (‘NPE’) and its
subsidiary, Northern Lights Distribution LLC, to establish a joint venture that
would operate a California cannabis delivery service named Viva Buds. . . .
‘This partnership will enable MCOA to establish itself as a major player in the
cannabis arena,’ CEO Donald Steinberg stated in a news release about the
agreement (http://ibn.fm/UZuHW).
‘The NPE team has a great deal of industry knowledge and has an industry
disruptive business model. This is a huge strategic move for MCOA.’”
To view the full article, visit http://ibn.fm/tcDnP
About Marijuana Company of America Inc.
MCOA participates in: (1) product research and development
of legal hemp-based consumer products under the brand name hempSMART, which
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.
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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