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Marijuana Company Of America Announces CBD Beverage Supply Pact With MCTC Holdings
Marijuana Company Of America Announces CBD Beverage Supply Pact With MCTC Holdings.
About this update from Marijuana Company Of America, Inc.
[{"type":"text","content":"\n\n\n\nMarijuana Company Of America Announces CBD Beverage Supply Pact With MCTC Holdings\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\nMarijuana Company Of America Announces CBD Beverage Supply Pact With MCTC Holdings\nPR Newswire\nESCONDIDO, Calif., Oct. 28, 2019\n\n\n\nESCONDIDO, Calif., Oct. 28, 2019 /PRNewswire/ -- MARIJUANA COMPANY OF AMERICA INC. (\"MCOA\" or the \"Company\") (OTCQB: MCOA), an innovative hemp and cannabis corporation, is pleased to announce that the Company's wholly owned subsidiary, hempSMART™, Inc., has entered into a CBD beverage product supply agreement with MCTC Holdings, Inc. (OTC: MCTCD) (OTC: MCTC).\nhempSMART™ will market MCTC's powdered drink mixes and other CBD edibles online and via hempSMART's network marketing partners. The products, which are branded under the trademarks: Hemp You Can Feel™, will be based on the MCTC's patent pending cannabinoid infusion technologies that offer high bioavailability of cannabinoids.\nMr. Trevor Muehlfelder, COO of hempSMART™ commented, \"Over the past few quarters we have gained traction with our products here in the U.S. and in our new European markets.  These new products, which are based on unique and highly bioactive infusion technologies, fit well within our product line. We are looking forward to rolling out these products across our marketing channels.\"\n\"There are now hundreds of CBD brands in the marketplace, so differentiation is critical,\" commented MCTC CEO, Arman Tabatabaei.  \"Our differentiation is strong by way of our unique super bioavailability infusion of broad spectrum hemp extracts and cannabinoids.  We are very excited to be working with Marijuana Company of America and hempSMART™ as our first customers for our unique hemp extract powdered beverage and edibles products.\"\nUnder the terms of the agreement between the companies, MCTC will private label its products for hempSMART™, which will be responsible for marketing the products via direct online channels and through the hundreds of...