Marijuana Company of America (OTC: MCOA) is strongly positioned as the cannabis market continues to relentlessly expand throughout the country. In an effort to keep up with the increasing demand, the company entered an agreement with Bougainville Ventures to build a new structure. An article discussing this reads: “Pursuant to an agreement signed earlier this year, Marijuana Company of America, Inc. and Bougainville Ventures are constructing and will deliver a turnkey state-of-the-art cultivation and processing facility in Oroville, Washington. The 30,000 sq. ft. greenhouse will house a tier-3 production and processing I-502 tenant with decades of experience in cannabis cultivation. Anticipated completion of funding for the project is expected in Q4 2017.”
UPDATE: Correction to headline made as the greenhouse project is the same one as announced previously.
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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 containing CBD 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; (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 www.MarijuanaCompanyofAmerica.com
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