Marijuana Company of America Inc.’s (MCOA) High-Yielding Hemp Projects Blossom as ‘Green Industry’ Set to Thrive in 2019

March 1, 2019 11:27:43
  • Global hemp retail sales totaled $3.7 billion in 2018, on track to reach $5.7 billion by 2020
  • 2018 Farm Bill legalizing hemp, CBD-based products, now allows farmers to plant industrial hemp nationwide
  • Cultivation of hemp at Scio, Oregon, project site to begin in early 2019 for an extended growing season
  • MCOA’s wholly owned subsidiary, hempSMART, brings high quality, branded CBD-based products to consumers through an affiliate marketing program

Market opportunities for the hemp-based cannabidiol (“CBD”) product industry in the U.S. are many and growing now that hemp is legally protected following passage of the 2018 Farm Bill in December. Innovative hemp and cannabis corporation Marijuana Company of America Inc. (OTCQB: MCOA) is well positioned to take advantage of this shift in the legal landscape, with a variety of portfolio companies operating within the cannabis and hemp industries (http://nnw.fm/M6z4J).

MCOA’s wholly owned hempSMART subsidiary offers a line of industrial hemp-derived CBD products, which contain no THC, the psychoactive compound in cannabis. The company’s…

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