- Strategic approach to cannabis and hemp industry through networking architecture
- New LOI signed with Canada’s Global Hemp Group and Colorado’s Space Cowboys
- “hempSMART Full Spectrum Drops” and patent pending “hempSMART Brain” CBD products now available at www.hempSMART.com
- Legal cannabis markets estimated to reach $22.6 billion by 2021
- Industrial hemp-derived CBD products are estimated to grow to $2.1 billion by 2020
Marijuana Company of America (OTC: MCOA) is a unique corporation with a strategic business structure that functions as an umbrella, bringing together a diverse portfolio of investments and joint ventures within the legal cannabis industry. Now legal for medicinal or recreational use in 29 states and the District of Columbia, marijuana continues to be an attractive option for investors. When it comes to growth projections, both the legal cannabis and hemp industries are marking significant increases, with some industry researchers finding it hard to pinpoint a ceiling. According to Arcview Research, the legal marijuana industry could reach $22 billion by 2021.
For companies like MCOA, the path forward is clear – participation in the legal cannabis and hemp industries makes investment sense (http://cnw.fm/Pr89C). MCOA provides multiple opportunities for investors through turn-key services and its branded hempSMART™ cannabinoid product line, which is sold via an affiliate marketing program. This wholly owned subsidiary offers affiliates the opportunity to build an organization to promote a range of quality cannabinoid products, including hempSMART™ Brain and hempSMART™ Full Spectrum Drops, while at the same time offering affiliates an opportunity generate long-term income from sales and referrals (http://cnw.fm/xL1sR).
MCOA’s portfolio includes several companies involved in hemp cultivation and the development of optimal cultivation and processing facilities. Earlier this month, MCOA signed an LOI to acquire 25 percent of Colorado-based hemp-derived cannabinoid producer Space Cowboys, Inc. Under the terms of the agreement, MCOA and Canadian Global Hemp Group agreed to invest $2.5 million in Space Cowboys to help expand the company’s cultivation operations (http://cnw.fm/5MmfG). The agreement not only gives MCOA and Global Hemp Group 25 percent equity in Space Cowboys; it secures a high quality cannabinoid supply chain for hempSMART™.
Marijuana Company of America brings added value to shareholders with its diversified investment portfolio and maintains customer loyalty while capturing a healthy share of the hemp-based cannabinoid market with its branded hempSMART™ products.
For more information, visit the company’s website at www.MarijuanaCompanyofAmerica.com
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