- MCOA’s virtual launch party introduced VivaBuds, a premium cannabis delivery service that will initially deliver to the San Fernando Valley in Los Angeles County
- Attendees were treated to a live tour of the VivaBuds website, VivaBuds swag giveaways and an invitation to become one of VivaBuds’ first customers
- VivaBuds offers the option for customers to become ‘BlazeMasters’ and build their own personal cannabis businesses by utilizing a ‘call your friend’ approach
- MCOA’s joint venture subsidiary, Covered Bridge Acres Ltd., produced a first harvest from its hemp farm in Scio, Oregon, that generated revenues of $525,000
Marijuana Company of America Inc. (OTCQB: MCOA), an innovative hemp and cannabis corporation, provided a curious public with an inside look at its new joint venture, VivaBuds, during a virtual launch party earlier this month. Customers eager to learn more about VivaBuds, a unique cannabis delivery service slated to initially begin deliveries in the San Fernando Valley of Los Angeles County, were treated to swag giveaways and details on how to become one of VivaBuds’ first retail customers.
“VivaBuds will offer our customers low-cost premium cannabis, fast delivery times, and quality customer service,” Don Steinberg, CEO of MCOA, stated in a news release prior to the launch party (http://nnw.fm/BCKa4). “California’s cannabis delivery regulations, which were implemented earlier this year, introduced a new burgeoning market that VivaBuds will not only benefit from, but also help set the industry standard by contributing to California’s cannabis revenue surge.”
Steinberg announced in April that MCOA had acquired a 20 percent ownership interest in Natural Plant Extract of California (“NPE”), a licensed manufacturer, distributor and retail delivery service for volatile cannabis products in California (http://nnw.fm/TXt3J). The deal established a joint venture to create VivaBuds, which serves as the marketing arm for a new retail cannabis delivery service, launched earlier by NPE subsidiary Northern Lights Distribution in California.
The VivaBuds rollout remains in full swing, with the VivaBuds mobile application live on Google Play and available for download on all Android devices (http://nnw.fm/Ms1mv). Customers using the app can also learn more about customizing their own buying experiences, how to enjoy premium cannabis products at wholesale pricing and how to become a ‘BlazeMaster’ and earn a commission on a referral basis.
MCOA recently reported that its joint venture subsidiary, Covered Bridge Acres Ltd. (“CBA”), has started generating revenue through operations at its hemp farm in Scio, Oregon. Through a combination of the sales of raw biomass, plantlets, CBD crude oil and CBD distillate produced from various processing test runs along with other farm operations, CBA generated $525,500 in its first year of operation (http://nnw.fm/HZCa7).
For more information, visit the company’s websites at www.MarijuanaCompanyofAmerica.com, www.VivaBuds.com and www.hempSMART.com
NOTE TO INVESTORS: The latest news and updates relating to MCOA are available in the company’s newsroom at http://nnw.fm/MCOA
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]