Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) this morning announced the official launch of Convenient Hemp Mart, LLC’s “Benihemp” branded CBD products will take place at ASD Market Week, in Las Vegas, NV. The company has invested $100,000 into Benihemp in exchange for a 25% equity stake in Convenient Hemp Mart, LLC. ASD Market Week is a comprehensive business-to-business trade show for retail merchandise that annually hosts 45,000 buyers from over 90 countries, representing various retail stores. Convenient Hemp Mart has created a suite of Benihemp branded, sample sized products including topicals, tinctures, and edibles that are packaged in 1-day, 2-day, and 30-day supplies. Target markets include convenience stores, smoke shops, gas stations and similar types of retail businesses with a high potential of generating sales from the impulse buyer at the register. “Marijuana Company of America is excited for the opportunity to diversify product distribution into retail markets across the country. We believe in the Convenient Hemp Mart team and their ability to successfully launch Benihemp at ASD,” MCOA CEO Donald Steinberg stated in the news release.
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About Marijuana Company of America, Inc.
MCOA is a corporation which participates in: (1) product research and development of legal hemp-based consumer products under the brand name “hempSMART™”, that 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 recreations 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.
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