Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) is an umbrella company currently undergoing development to support a variety of portfolio companies operating within the cannabis and hemp industries. A recent article discussing the company reads, “The company provides turn-key services to the legal cannabis and hemp industries. Most of MCOA’s projects are involved in the cultivation and distribution of hemp-derived products. Its hempSMART subsidiary offers a line of industrial hemp-derived cannabidiol (CBD) products, which contain no THC. In addition, hempSMART offers the opportunity to distribute its products as part of its associate marketing model. In essence, MCOA’s focus is on hemp more than marijuana. It is targeting the $3.7 trillion wellness industry with branded cannabidiol products (http://cnw.fm/F5m9F).”
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About Marijuana Company of America Inc.
MCOA participates in: (1) product research and development of legal hemp-based consumer products under the brand name “hempSMART”, which 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 recreational 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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