Business
Marijuana Company of America Inc. Announces Collaboration with CBD Beverage Company Cannabis Global, Inc. and Launch of hempSMART™ Beverage Line
Marijuana Company of America Inc. Announces Collaboration with CBD Beverage Company Cannabis Global, Inc. and Launch of hempSMART™ Beverage Line.
About this update from Marijuana Company Of America, Inc.
[{"type":"text","content":"\n\n\n\nMarijuana Company of America Inc. Announces Collaboration with CBD Beverage Company Cannabis Global, Inc. and Launch of hempSMART™ Beverage Line\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\n\n\n\n\n\nMarijuana Company of America Inc. Announces Collaboration with CBD Beverage Company Cannabis Global, Inc. and Launch of hempSMART™ Beverage Line\nPR Newswire\nESCONDIDO, Calif., Oct. 8, 2020\n\n\n\nESCONDIDO, Calif., Oct. 8, 2020 /PRNewswire/ -- Marijuana Company of America Inc. (\"MCOA\" or the \"Company\") (OTCQB: MCOA), an innovative hemp corporation, announced today that in an effort to continue its shift to fully focus on its hempSMART™ products, it's subsidiary has entered into a collaboration and mutual strategic investment with Cannabis Global, Inc. (OTC: CBGL).\n\n \n \n \n \n \n \n\n \nMarijuana Company of America Inc., the company who recently announced expansion of sales and marketing of its premium hempSMART™ CBD product lines to Latin America has made a strategic investment with Cannabis Global, Inc., a cannabinoid and hemp extract science company developing infusion and delivery technologies. The transaction integrates two complementary businesses in the growing CBD sector.\nAs part of the strategic investment, both companies seek to expand its strategic partnership between them in order to fully leverage on the respective favorable resources of both companies in response to the diverse market demand for their products.  \nAccording to Jesus M. Quintero, CEO of MCOA, \"We are excited about this strategic partnership and will leverage the strengths of MCOA's sales & marketing expertise and CBGL's ability to manufacture CBD infused products.  This will serve us well as we anticipate launching our first ever Hempsmart™ Private label brand CBD infused beverage line and launching worldwide.  This deal makes strategic sense and demonstrates the intrinsic value of our business, our vision and future.\"\n\"As we have continued to communicate, MCOA remains committed to implementing the strategic decisions...