Business
CannabisNewsWire Announces Publication on Diverse Products, Cross-Sector Opportunities in Thriving Cannabis Market
CannabisNewsWire Announces Publication on Diverse Products, Cross-Sector Opportunities in Thriving Cannabis Market.
About this update from Marijuana Company Of America, Inc.
[{"type":"text","content":"\nNEW YORK, June 08, 2018 (GLOBE NEWSWIRE) -- via CannabisNewsWire -- CannabisNewsWire (\"CNW\"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Marijuana Company of America Inc. (OTC: MCOA), a client of CNW that focuses on product research and development of legal hemp-based consumer products containing CBD under the brand name “hempSMART™”; an affiliate marketing program to promote and sell its products; leasing of real property to business entities engaged in the growth and sale of cannabis; and expansion of its business into ancillary areas of the legalized cannabis and hemp industry.\n To view the full publication, titled “Diversity Leads to Growth in Flourishing Cannabinoid Industries,” visit: http://cnw.fm/k2bOH  Marijuana Company of America (OTC: MCOA) is making the most of this opportunity. Founded by two veterans of the cannabis industry, MCOA is building a portfolio of partnered companies working across the sector.One of the company’s important assets is hempSMART™, a wholly-owned subsidiary of MCOA. The hempSMART brand is focused on producing and marketing wellness products including CBD derived from hemp. The hempSMART team makes use of the cannabinoid chemicals to provide a range of products that are useful and appealing to consumers.Hemp products were worth at least $688 million in 2016 and are expected to be worth $1.8 billion by 2020. Ownership of hempSMART gives MCOA a place in this significant part of the sector, meaning that it is not dependent on federally illegal THC-laden cannabis products to grow and sustain its revenue streams. About Marijuana Company of America, Inc. MCOA is a corporation which participates in: (1) product research and development of legal hemp-based consumer products under the brand name “hempSMART™” that 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 recreations use; and, (4) the expansion of its business into ancillary areas of the legalized ca...