Business
CannabisNewsWire Announces Publication on Hemp Industry Readies for Expansion Pending Favorable Legislation
CannabisNewsWire Announces Publication on Hemp Industry Readies for Expansion Pending Favorable Legislation.
About this update from Marijuana Company Of America, Inc.
[{"type":"text","content":"\nNEW YORK, Aug. 23, 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, as well as leasing of real property and expansion of business into ancillary areas of the legalized cannabis and hemp industry.\n To view the full publication, titled “As Senate Brings Legal Change, Hemp Offers Hope for American Farmers,” visit: http://cnw.fm/7Ltny  More recently, the company has also established a hemp cultivation site in the state of Oregon in another joint venture project with GHG. This 109-acre site features both indoor and outdoor cultivation that allows the company to maintain a steady supply of plants throughout the year.At the Oregon facility, MCOA and GHG are cultivating hemp varieties with particularly strong yields of CBD. This active ingredient in hemp is being used in a growing variety of medical and wellness products, with applications including increased alertness, the control of epilepsy and pain management. By collecting and analyzing data on hemp strains to augment CBD development, MCOA hopes to establish better profits and wider availability for this important medicine. 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 cannabis and hemp industry, as the legalized markets and opportunities in this segment mature and develop. For more information, visit the company’s websit...