Business
Cannabis Strategic Ventures (NUGS) and Marijuana Company of America (MCOA) Managing Growth With New Staffing Contract
Cannabis Strategic Ventures (NUGS) and Marijuana Company of America (MCOA) Managing Growth With New Staffing Contract.
About this update from Cannabis Strategic Ventures
[{"type":"text","content":"\n\n\n\nCannabis Strategic Ventures (NUGS) and Marijuana Company of America (MCOA) Managing Growth With New Staffing Contract\n\n\n\n\n\nCannabis Strategic Ventures (NUGS) and Marijuana Company of America (MCOA) Managing Growth With New Staffing Contract\nPR Newswire\nLOS ANGELES, March 7, 2018\n\n\n\nLOS ANGELES, March 7, 2018 /PRNewswire/ --\n\nCannabis Strategic Ventures, Inc. (OTC: NUGS) and Marijuana Company of America Inc. (OTC: MCOA) announced the signing of staffing agreement between the two companies today.  Under the terms of the agreement, Cannabis Strategic Ventures will provide long term staffing functions, benefits management, payroll processing and outsourced employment on behalf of MCOA and its wholly owned subsidiary: hempSMART.\n\nIn December, Cannabis Strategic announced it would begin targeting companies doing business in the rapidly emerging California market place, augmenting Cannabis Strategic's success from operations in the State of Washington. This agreement represents an important milestone for Cannabis Strategic in achieving penetration into the important California market.\n\nMr. Simon Yu, CEO of Cannabis Strategic commented, \"It is rewarding for our staff to begin penetrating the California marketplace and we are very pleased an industry leader such as Marijuana Company of America is our first major partner in this endeavor.  We are currently in various stages of similar agreements with several companies, both inside and outside of the California.\"\n\nThe outsourced human resources services provided by Cannabis Strategic can be an important component to many corporate growth strategies within the cannabis and hemp sectors.  These services allow management teams to concentrate growing the business instead of having to concentrate on the often time consuming and expensive human resources part of the business operation.\n\nDonald Steinberg, MCOA's CEO said, \"The legal cannabis and hemp sectors are growing very fast and are extremely dynamic.  This outsourced HR agreement with Cannabis Strategic will allow our company a lot more flexibility to respond quickly to the many current and future changes within the marketplace.  Our employees are one of our most important assets and this agreement will further ensure our continued commitment to our staff.\"\n\nCannabis Str...