Marijuana Company of America (OTCQB: MCOA), a diversified
hemp and cannabis company, today announced that its wholly-owned subsidiary
hempSMART will be aggressively marketing, under the leadership of new Global
Marketing and Sales Manager Gloria Albarran Lynch, its hempSMART(TM) CBD
products through numerous distribution and retail channels globally. According
to the update, the new strategy will supplement hempSMART’s current
affiliate-marketing model used as its primary marketing method for its
hempSMART(TM) products in the past and will focus on the wellness and beauty
segments – two valuable pieces of a CBD market projected to be worth $22
billion by 2022. “Through Ms. Lynch’s leadership and implementation of this
robust new marketing strategy, our premium-quality hempSMART(TM) products will
be positioned in front of a larger audience of potential customers,” CEO Jesus
Quintero said in the news release. “With the strength of the CBD wellness and
beauty markets that are expected to be worth as much as $25 billion globally in
the next decade, we intend to take advantage of this tremendous market
opportunity.”
To view the full press release, visit http://ibn.fm/bQ3gX
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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