NetworkNewsBreaks — Marijuana Company of America Inc. (MCOA) Plans to Expand hempSMART Brand into Europe and Asia

February 4, 2019 14:41:50

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) recently reported that it is developing a new strategy to internationally expand its hempSMART brand. A recent article discussing the company reads, “MCOA will look to support that vision as it raises $10 million in capital to fund planned projects and expansion plans that include moving into Europe and eventually Asia with its line of hemp-derived CBD (cannabidiol) products. Right before the end of 2018, MCOA announced its filing of Form S-1 with the U.S. Securities and Exchange Commission as an important step in its efforts to raise those funds, according to a company news release ( . . . MCOA’s registration statement included a prospectus for the resale of up to 500 million of its common shares, issuable to K&J Funds LLC, a selling stockholder, pursuant to a ‘put right’ under an investment agreement, dated December 20, 2018, that the company entered into with K&J.”

To view the full article, visit

About Marijuana Company of America Inc.

MCOA is a corporation that participates in: (1) product research and development of legal hemp-based consumer products under the brand name “hempSMART”, which targets general health and well-being; (2) an affiliate marketing program to promote and sell its legal hemp-based consumer products containing CBD; (3) leasing of real property to separate business entities engaged in the growth and sale of cannabis in those states and jurisdictions where cannabis has been legalized and properly regulated for medicinal and recreational use; and (4) the expansion of its business into ancillary areas of the legalized cannabis and hemp industry, as the legalized markets and opportunities in this segment mature and develop. For more information, visit the company’s website at

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 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