Marijuana Company of America (OTCQB: MCOA), an innovative
hemp and cannabis corporation, today announced that its wholly owned
subsidiary, hempSMART Inc., has entered a definitive sales agreement to
purchase ultra-clean label CBD beverage products from MCTC Holdings Inc. (OTC:
MCTC). Science and technology innovation company MCTC is focused on developing
patented hemp extract infusion technologies and the sustained release of
cannabinoids in the human body. According to the update, the new hempSMART(TM)
branded products will be unique to the marketplace, and, during the initial
stage, MCOA will offer a line of powdered drink mixes containing broad-spectrum
hemp extracts with over 35 milligrams of CBD derived from all-natural
extraction processes. Other powdered and pre-mixed beverages will be included
in future offerings. “We are quite excited to unveil our new, ultra-clean label
product line of CBD-infused powdered drink mix,” hempSMART Chief Operating
Officer Trevor Muehlfelder said in the news release. “The products are based on
a unique dual-hemp extract infusion process that’s unlike most products and
have no artificial ingredients or chemicals. Our new product line is based on
organic ingredients, including organic inulin from vegetables and trace amounts
of organic coconut and sunflower oils, combined with a touch of CBD-infused
honey produced at organic farms. This will truly be a unique, clean label
product offering. We believe our new powdered drink line will revolutionize the
beverage marketplace in the new 20’s the same way Coca Cola did in the 1920’s.”
To view the full press release, visit http://ibn.fm/PSaYK
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 and retail sales program to promote and sell its legal
hemp-based consumer products containing CBD; (3) joint ventures and
acquisitions of business entities engaged in the growth and sale of hemp and
cannabis products in jurisdictions where cultivation is legal; and (4) the
expansion of its business into ancillary areas as market 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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