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Marijuana Company of America Inc. (MCOA) Developing a Vertically Integrated Hemp-Based Enterprise

  • Three-pronged approach to collaborative agricultural study begins on 125-acre industrial hemp project in New Brunswick, Canada
  • MCOA’s affiliate marketing program implemented to promote and sell its hempSMART CBD-infused consumer products
  • High quality, hemp-derived cannabidiol (CBD)-based consumer products fighting impact of dangerous, synthetic fakes

Marijuana Company of America Inc. (OTC: MCOA) and its joint venture partner, Global Hemp Group Inc. (CSE: GHG) (OTC: GBHPF) (FRANKFURT: GHG), are developing a vertically integrated industrial hemp enterprise by now gaining traction within the farming industry. The partners recently completed planting of industrial hemp on 125 acres at the New Brunswick hemp project located in the province of New Brunswick, Canada. The collaborative effort is supported by a C$10,750 grant awarded by the New Brunswick Department of Aquaculture, Agriculture and Fisheries (“DAAF”).

The grant will be used during the 2018 cropping season in three distinct areas of study. The data collected from the initiatives will help improve MCOA’s and GHG’s management of the crop and benefit all hemp farmers in the region, a press release states (http://cnw.fm/4HqtJ). Research funded by the grant will focus on the impact that the European corn borer has on the hemp plant. This study will determine if the insect, a voracious pest of more than 250 different kinds of plants, causes economically significant damage to the hemp crop and will investigate control options.

The grant will also be used to explore correcting soil acidity utilizing slag lime, an abundant resource in the region, and to subsidize the use of modern drone technology to monitor field conditions at the farms. Hemp varieties chosen for the New Brunswick Hemp Project can reach heights of over six feet, making it extremely difficult to visually inspect an entire field.

Hawkeye Drone Services (http://cnw.fm/4aV3z) has been engaged to scout the company’s hemp farms using drones equipped with multispectral cameras. This specialized equipment will provide a holistic view of a crop’s growth, identify any issues and collect data on soil moisture, temperature and field areas experiencing physical stress that might influence the cannabidiol (CBD) content between plants.

The purity and quality of cannabidiol compounds harvested from the hemp plant is of paramount importance, as MCOA notes in an article published on CannabisNewsWire (http://cnw.fm/4JuR3). The U.S. Centers for Disease Control stepped in after several dozen people fell ill last year while consuming what they believed was a CBD product but was actually a man-made synthetic CBD. These fake CBD compounds, known as chemical analogs, are dangerous imitations of plant-derived products. These unregulated “designer drugs” bind to human endocannabinoid receptors at astronomically larger quantities than natural cannabinoids, putting the health of users at serious risk, as noted in an article in Hemp Industry Daily (http://cnw.fm/iII7a).

MCOA’s commitment to offering high quality plant-derived products is unmatched, with rigorous testing conducted to validate the purity of the CBD compounds utilized in the company’s hempSMART™ product line. Derived from industrial hemp containing natural CBD compounds, MCOA’s hempSMART™ products contain among the finest quality of botanical supplements on the market. Scientifically driven, each of MCOA’s hempSMART™ products are created to ensure that only the highest quality products reach discerning consumers. MCOA’s hempSMART™ CBD consumer products are researched, developed and sold at www.hempSMART.com.

As an umbrella company supporting a variety of portfolio businesses that participate within the legal cannabis and hemp industry, the majority of MCOA’s offerings relate to the cultivation and distribution of hemp-derived products.

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

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