On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

Marijuana Company of America, Inc. (MCOA) Leading the Way in the Cannabis and Hemp Industry

  • Global market for marijuana projected to be worth $63.5 billion by 2024
  • MCOA is leading the way in hemp-derived CBD-based products
  • MCOA is evaluating further joint ventures and acquisitions to enhance shareholder value

A study conducted by Ameri Research Inc. has indicated that the global market for legal marijuana will be worth $63.5 billion by 2024 (http://cnw.fm/WR5Bl). This growth is being driven by the increasing passage of cannabis legislation, in terms of both laws for medicinal use and the rapidly expanding recreational use legislation being passed by many states in America and countries around the world. More and more companies are entering this market sector to take advantage of the plethora of available business opportunities. Marijuana Company of America, Inc. (OTC: MCOA) is a company that provides a wide assortment of products and services in the hemp industry. It is establishing itself as a leader in the hemp space by creating a diversified umbrella of investments involved in cultivation, processing, manufacturing and distribution.

MCOA’s wholly owned subsidiary, hempSMART™, was established to develop hemp-derived, innovative cannabinoid (CBC, CBD, CBG, CBN)-based consumer products. Its manufacturing process uses the highest quality extracts from hemp for its proprietary formulations, with complimentary herbal ingredients used to enhance and maximize the effects of CBD. One of its foremost products is hempSMART Pain, which is available in both capsules and a topical cream that have been found to be highly effective. Its first product, hempSMART Brain, is currently being reformulated with 10mg of CBD.  hempSMART Full Spectrum Drops, with 250mg of CBD per bottle, will soon be available in 500mg and 1,000mg bottles. Drops are formulated with hemp oil and fractionated coconut oil, and they are available in lemon, mint, orange and strawberry flavors.  The company also recently released hempSMART Drops for pets.

MCOA is focused on developing more hemp cannabinoid-based products, which will be marketed at competitive prices. As part of its marketing drive, the company has established an affiliate-marketing program and will soon be establishing traditional retail and direct-to-consumer marketing campaigns designed to accelerate market penetration.

Earlier this year, MCOA announced its purchase of an interest in Convenient Hemp Mart, LLC. This company was established to market the new Benihemp-branded CBD product line to convenience stores, gas stations, smoke shops and other retail outlets. Benihemp was launched at the ASD Market Week in Las Vegas (March 11-14). MCOA has invested $100,000 in Benihemp in exchange for 25 percent equity in Convenient Hemp Mart, LLC. The partners are launching topicals, edibles and tinctures in one-, two- and thirty-day supplies where CBD commerce has a greater likelihood of generating sales from the impulse buyer at the register who will ultimately purchase monthly supplies online after purchasing smaller sample packages at lower price points at convenience stores.

Through a joint venture with Global Hemp Group Inc. (OTC: GBHPF) (CSE: GHG), MCOA is establishing commercial hemp cultivation to produce CBD in New Brunswick, Canada. The company has recruited farmers to manage 125 acres of hemp cultivation in 2018 and has set a goal of more than 1,000 acres within the next three years. Initially, MCOA will focus on using this crop for CBD and, ultimately, other cannabinoid extraction. Medium- to long-term plans also include the production, processing and sale of hemp for industrial use, particularly in the construction industry.

The hemp industry is experiencing exponential growth and MCOA intends to make strategic investments, joint ventures and acquisitions to expand its portfolio and increase value for its shareholders.

For more information, visit the company’s website at www.MarijuanaCompanyofAmerica.com

More from CannabisNewsWire

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

For more information please visit https://www.cannabisnewswire.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

CannabisNewsWire (CNW)
Denver, Colorado
303.498.7722 Office

Compensation Disclosure 

Section 17(b) of the 1933 Securities and Exchange Act requires publishers who distribute information about publicly traded securities for compensation, to disclose who paid them, the amount, and the type of payment.  In order to be in full compliance with the Securities Act of 1933, Section 17(b), we are disclosing that we entered into a contract with Marijuana Company of America, Inc. The Company agreed to compensate Network Newswire with $5,000 USD a month for our services.


Select A Month

Official NewsWire Relationships

Alternative Products Expo Benzinga Cannabis Capital Conference Cannabis Business Summit & Expo 2019 Cannabis Drinks Expo Cannabis World Congress & Business Exposition Cannexpo Marigold PR MjMicro Conference New England Cannabis Network O'Cannabiz Conference & Expo Tether BudTender Tether BudTender Appreciation Week

CannabisNewsWire Currently Accepts



Bitcoin Cash

Bitcoin Cash

Doge Coin






USD Coin

USD Coin

Contact us: 303.498.7722