- MCOA is involved in the production and distribution of high quality hemp-derived CBD products
- Company continues to add high-demand retail products
- Strategic investments and joint ventures offer broad-based opportunities
In spite of all of the short-term political gyrations, the cannabis and hemp markets continue to bloom. The demand for cannabidiol (CBD) products remains persistent, and there are many attractive opportunities in the sector. Marijuana Company of America, Inc. (OTC: MCOA) is in position to thrive in spite of any short-term contortions in the cannabis and hemp markets. The company’s low-risk, high-return profile results from its focus on industrial hemp-based CBD products and its portfolio of synergistic companies that operate in the space. MCOA has already undertaken multiple initiatives, building a portfolio of investments and joint ventures in the space.
MCOA recently invested $100,000 into Convenient Hemp Mart, LLC’s Benihemp-branded CBD product line for a 25 percent equity interest in Convenient Hemp Mart, LLC. BeniHemp products include topicals, tinctures and edibles, conveniently packaged in one-day, two-day and 30-day supplies. The target markets for these products are convenience stores, smoke shops, gas stations and similar types of small retail businesses where CBD commerce has significant potential to generate sales from…
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Section 17(b) of the 1933 Securities and Exchange Act requires publishers who distribute information about publicly traded securities for compensation, to disclose who paid them, the amount, and the type of payment. In order to be in full compliance with the Securities Act of 1933, Section 17(b), we are disclosing that we entered into a contract with Marijuana Company of America, Inc. The Company agreed to compensate us with $5,000 USD a month for our services.