Marijuana Company of America Inc. (MCOA) and JV Partner to Begin Planting at Covered Bridge Acres

July 22, 2019 11:10:53
  • The team at Covered Bridge Acres employs environmentally friendly practices; it’s in the process of obtaining organic certification
  • The MCOA and GHG teams utilize greenhouses to produce their own seeds instead of purchasing cloned product from third parties
  • This strategic change is forecast to reduce the company’s operating expenses by $200,000

Marijuana Company of America Inc. (OTCQB: MCOA), an industrial hemp company involved in the cultivation and distribution of hemp-derived products, along with joint venture partner Global Hemp Group (CSE: GHG) (OTC: GBHPF) (FRA: GHG), recently announced the commencement of commercial planting at its hemp farm in Scio, Oregon.

This high-yielding, CBD-hemp farming project between partner companies has been eagerly anticipated since its announcement in 2018. Work to prepare 35 acres of land at the farm, which operates under the…

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