Marijuana Company of America Inc. (OTC: MCOA) and joint venture partner Global Hemp Group, Inc. (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) this morning posted an update on their 125-acre industrial hemp project in northeast New Brunswick. Per the release, planting of seeds on the first 77 acres of the project will be completed this week, and the remaining 48 acres will be seeded over the next two weeks, following reception of applicable soil test results aimed at determining fertilizer requirements. The Department of Aquaculture, Agriculture and Fisheries will be conducting fertility trials on reserved plots and will contribute fertilizers to the project as part of these trials. Additionally, the companies highlighted an ongoing organic certification trial that’s underway on an additional two-acre plot at the project. The program, which will take three years to complete, is expected to result in organic certification for the production of organic CBD and organic oats on the two-acre plot.
To view the full press release, visit http://cnw.fm/0FnmO
About Global Hemp Group Inc.
Global Hemp Group (“GHG”) is a publicly traded company founded in 2014, headquartered in British Columbia, Canada with base operations in Montreal and Los Angeles. The Company is focused on the cultivation of hemp and the extraction of cannabinoids, and collaboration with companies that will enable GHG to develop and implement the Hemp Agro-Industrial Zone (HAIZ) concept. Through partnerships, joint ventures and acquisitions, the Company will capture cash flow, revenues and value, and establish a greater collective valuation. For more information, visit the company’s website at www.GlobalHempGroup.com
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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