Marijuana Company of America Inc. (MCOA) to Expand Popular hempSMART Brand Internationally

January 23, 2019 10:26:07
  • Files Form S-1 Registration Statement to receive up to $10 million to fund expansion
  • 2019 to see expansion of hempSMART brand into Europe and Asia
  • MCOA to continue projects expanding role in hemp industry as a grower in the U.S. and Canada
  • Aggressive pursuit of business plan includes recent upgrade to OTCQB Venture Marketplace
  • U.S. hemp market projected to represent 32 percent of a $5.7 billion global hemp market in 2020

Now that U.S. federal prohibition on hemp farming has been lifted through the passage and signing of the 2018 Farm Bill, analysts are predicting that the nation’s hemp industry will swiftly establish itself as a global powerhouse in a market that is expected to reach $5.7 billion by 2020, according to Hemp Business Journal ( This view of the future mirrors that of Marijuana Company of America Inc. (OTCQB: MCOA), an innovative hemp and cannabis corporation, as the company plans a bold expansion strategy that includes operations in the U.S., Europe and Asia.

“Our company will continue to be aggressive in executing our business plan and we believe this is a necessary step to help legitimize MCOA as one of the top fully reporting public cannabis companies involved in the hemp-derived CBD sector,” Marijuana Company of America CEO Donald Steinberg stated in an…

Read More>>

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization 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. 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 instant SMS alerts, text STOCKS to 77948

For more information, please visit

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published:

NetworkNewsWire (NNW)
New York, New York
212.418.1217 Office