Business
Marijuana Company of America Appoints Edward Manolos to the Board of Directors
Marijuana Company of America Appoints Edward Manolos to the Board of Directors.
About this update from Marijuana Company Of America, Inc.
[{"type":"text","content":"\nESCONDIDO, Calif., April 24, 2019 (GLOBE NEWSWIRE) -- via NetworkWire -- MARIJUANA COMPANY OF AMERICA INC. (“MCOA” or the “Company”) (OTC: MCOA), an innovative hemp and cannabis corporation, is pleased to announce the appointment of Mr. Edward Manolos as an independent director.\n Mr. Manolos is one of the most accomplished pioneers in the medical marijuana industry, having opened the very first medical marijuana dispensary in Los Angeles County in 2004 called CMCA. He is also credited with starting Los Angeles' first medical marijuana farmers’ market referred to as \"The California Heritage Market,\" which attracted local and international media attention. Mr. Manolos has been a member of the Company’s Strategic Advisory Board since 2016. Donald Steinberg, Chief Executive Office of Marijuana Company of America, stated, “Appointing Edward, a seasoned veteran of the cannabis industry, to our Board of Directors strategically positions us to launch our cannabis division. His expertise in obtaining cannabis licenses, cannabis cultivation, and the distribution of finished products is crucial to the development of our new subsidiary, Viva Buds, and any future projects involved in this evolving industry.” Mr. Manolos has served as the founder of many successful companies, such as Everest Biosynthesis Group and Natural Plant Extracts USA (NPE), a leading cannabis manufacturer, distributor and retail delivery company that holds multiple licenses involved in the sector. Mr. Manolos has provided consulting services to several companies and has helped them obtain marijuana retail and production licenses in California and Washington, including Cannabis Strategic Ventures (OTC: NUGS). He graduated from the University of California, Riverside, with a double major in computer science and business management. About Marijuana Company of America, Inc.MCOA is a corporation that participates in: (1) product research and development of legal hemp-based consumer products under the brand name “hempSMART™,” which 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 ju...