Innovative hemp and cannabis corporation Marijuana
Company of America (OTCQB: MCOA) today announced that the company has
begun its 2019 harvest at its CBD hemp farm in Scio, Oregon. MCOA, with its
joint venture partner, Global Hemp Group Inc. (CSE: GHG) (OTC: GBHPF)
(FRANKFURT: GHG), has created joint venture subsidiary, Covered Bridge Acres
Ltd. (“CBA”), which owns the hemp biomass that spans 35 acres and incorporates
environmentally-friendly and biodegradable methods. “The initial results of this
harvest in Oregon are incredibly promising,” Marijuana Company of America CEO
Donald Steinberg said in the news release. “Our commitment to growing only of
the most robust and quality plants are providing us with excellent returns that
we are confident will be greatly appreciated by our growing customer base. As
demand for CBD products continues to escalate, we remain focused on expanding
our market footprint, enhancing brand recognition and capturing additional
market share. We believe that this harvest is an important step in our growth
trajectory and in establishing ourselves as a market leader in this emerging
industry.”
To view the full press release, visit http://ibn.fm/cejLB
About Marijuana Company of America Inc.
MCOA is a corporation that participates in: (1) product
research and development of legal hemp-based consumer products under the brand
name hempSMART(TM), 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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