• Elevating the home-based entrepreneur through support of direct-selling programs
• Taking the Elepreneur Happiness Convention to multiple U.S. cities and expanding the network internationally
• Revolutionizing the direct sale industry through relationship marketing, products and training

Sharing Services, Inc. (OTC: SHRV) is a diversified holding company headquartered in Plano, Texas, that owns, operates or controls an interest in a variety of companies specializing in the direct selling industry. The company works to elevate home-based entrepreneurs through support of direct-selling (word-of-mouth) programs. The paradigm shift begins with the company’s renaming of its individual representatives as Elepreneurs, a mash up of the words elevate and entrepreneur. The companies supported by SHRV sell either products or services through Elepreneurs directly to consumers.

In March 2018, SHRV hosted an event in Dallas, Texas, attended by almost 1,000 people from around the world. The messages presented at the Elepreneur Happiness Convention will be shared throughout the U.S. at several mini conferences that are currently in the planning stages. The ‘Elepreneurs’ platform provides a growing international network for home-based entrepreneurs to elevate their pursuit of health, wealth and happiness.  Through new opportunities, training events and seminars, the company teaches positive thinking, motivation, goal setting and purpose, by first starting with happiness. The company has flipped the traditional message of “get a good education, then a good job, and then happiness will follow” on its head. Instead, it suggests starting with happiness, and success will follow.

The company is focused on relationship marketing, which, coupled with powerful life changing products and accessible training, is revolutionizing the direct sale industry. SHRV’s Blue Ocean Strategy builds a community with room for all, moving away from the cutthroat competitiveness of previous models where only those on the top succeed. Relying on an abundance philosophy of wealth and true positive motivational thinking, the company is elevating the home-based entrepreneur, transforming how consumers and marketers use travel and social networks and aggressively pursuing global expansion.

For more information, visit the company’s website at www.SharingServicesInc.com, or contact Investor Relations directly at 714-203-6717

• NETE sales are projected to reach $65 million in 2018, an eight percent jump, per Zacks Small-Cap Research; Zacks cites 10.6 percent sales increase in 2017 to $60.1 million, sees growth in 2019 to $70.8 million
• SeeThruEquity, LLC analysis reported that NETE’s North America Transactions Solutions business segment grew by 21.3 percent YOY in 2017
• Zacks notes that NETE launched Fast Pass Funding, a same-day funding service through its proprietary next generation Netevia multi-channel payments processing platform

Net Element, Inc. (NASDAQ: NETE) has received an upgrade of its stock rating to ‘Buy’ from ValuEngine, a stock valuation and forecasting service (http://ibn.fm/uA2wb). A Zacks Small-Cap Research report projects that NETE sales will reach $65 million in 2018, then $70.8 million by 2019 (http://ibn.fm/9rtQT).

A SeeThruEquity update found that the company’s balance sheet in full year 2017 was “significantly improved.” It reported that the $7.55 million raised during 4Q2017 was characterized by management as a “growth fund” to support NETE’s organic growth programs and its new blockchain initiatives (http://ibn.fm/livgP).

NETE is a global financial technology and value-added solutions group that accepts electronic payments in an omni-channel environment that spans across point-of-sale terminals, e-commerce and mobile devices. It has launched Fast Pass Funding, a same-day funding service, through Netevia, its next generation payments platform. Fast Pass Funding enables merchants to receive funding in as little as three hours on business days, NETE said.

The company’s 21.3 percent growth in its North America Transaction Solutions segment, reaching $51.1 million in revenues in 2017, was driven by organic sales to small and medium-sized business merchants and value-added offerings, SeeThruEquity added.

The report said that NETE is integrating new technology into Netevia to make it a decentralized blockchain technology solution. “Blockchain and cryptocurrency should be a natural extension of the company’s strategy,” SeeThruEquity reported. NETE “may be positioned” to capture share from other payment processing vendors with the disruptive impact of cryptocurrency, it said.

For more information, visit the company’s website at www.NetElement.com

• Company recently announced strategic partnership with Advantego Corporation
• Advantego to receive rights to promote and distribute Aftermaster Pro within North American audiological market
• Definitive agreement and initial program rollout expected within 100 days

Industry-leading audio technology company Aftermaster Audio Labs, Inc., a subsidiary of Aftermaster, Inc. (OTCQB: AFTM), recently announced that it has formed a strategic partnership with Advantego Corporation (OTC: ADGO), a company engaged in designing, developing and implementing digital communications and intelligent software solutions as a specialized business process as a service (BPaaS). As part of the agreement, Advantego will receive the rights to promote and distribute Aftermaster Pro to professional clinics that serve the hearing impaired, catering to the audiological market in North America.

Aftermaster Pro is Aftermaster’s proprietary consumer TV audio product, for which patents have been issued and are pending. The pioneering product is smaller than an iPhone and is designed to work with televisions, sound bars and add-on audio systems in order to provide a solution to today’s biggest TV audio issues: namely, special effects that are overly loud and the inability to clearly hear dialog.

Aftermaster Pro is a personal audio remastering device designed to improve the TV audio from virtually all audio/visual sources. The device improves dialog and vocal levels and also significantly clears and levels all surrounding audio sound. Aftermaster Pro is particularly effective for hearing impaired persons, enhancing spoken dialog on television and delivering unmatched, uncompromising clarity, fullness, depth and volume across the entire frequency range.

Standing out from other audio post-production processes, the Aftermaster Pro process preserves an audio event’s original intention and provides greater clarity, depth and amplitude to all of the audio elements without compromising the underlying production’s integrity.

Advantego is in the process of conducting a marketing campaign with some of its other strategic partners to promote public awareness regarding hearing loss and to also provide support products for the patients and family members who visit the more than 15,000 audiological hearing clinics across the continent. The company anticipates that its partnership with Aftermaster will fit in perfectly with these efforts.

It is expected that the strategic partnership forged between Aftermaster and Advantego will be closely followed by a definitive agreement and initial program rollout, commencing within the next 100 days. During this period, each company has agreed not to solicit or entertain competing offers for similar products and/or services that are targeted at the audiological business sector.

For more information, visit the company’s website at www.Aftermaster.com

• Europe, North America and Asia represent worldwide markets for manganese in batteries, agriculture and steel production
• MTEHF moving to build an international industrial minerals company to address those markets

Maxtech Ventures Inc. (OTC: MTEHF) (CSE: MVT) (FRANKFURT: M1N), through its Maxtech Mining Zambia Limited subsidiary (“MMZL”), is eyeing global markets following its filing for two large scale exploration licenses for manganese in Zambia (http://ibn.fm/JdFZ7).

MTEHF is viewing growing global markets for high grade manganese ore and processed manganese in Europe, North America and Asia. Manganese is a diverse mineral, in demand for use in rechargeable power storage such as batteries, and for fertilizer in worldwide agriculture markets, as well as being key to steel production and a factor in aluminum manufacturing. Long term, the company is planning to build an international industrial minerals enterprise to sell into those markets.

Final documentation is being prepared for the filing of licenses in the Central Province of Zambia, which indicates the potential for high-grade manganese mineralization. The company is teaming up with GeoQuest, geological and exploration consultants, which will manage all MMZL ground operations in Zambia.

The licenses cover cobalt, vanadium, nickel and copper mining rights in the areas. Initially, the company plans to focus on the search for commercially viable quantities and grades of manganese ore. If warranted, the firm can then apply for mining licenses.

Maxtech is a Canadian junior exploration company that assembles and acquires mineral assets worldwide. It is seeking to be a pure play, low cost supplier of manganese.

In a news release, Peter Wilson, CEO of Maxtech, commented, “Zambia is a world class mining jurisdiction. Applying for our first wholly owned license areas is in step with creating a larger manganese footprint utilizing our global strategic relationships and potential offtake partners in foreign markets.”

For more information, visit the company’s website at www.Maxtech-Ventures.com

• Developer of advanced accident prevention systems based on stereoscopic vision and V2X-technologies for the automotive industry
• Global collision avoidance sensors market expected to reach $50.38 billion by 2020
• Real-time demo systems for Eyes-On™ and Eye-Net™ operational and available for demonstration and data collection purposes
• QuadSight™ system is based on visible-light and infra-red cameras that detects objects under all weather and lighting conditions with near 100% detection and near zero false alerts

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX), founded in 2015 and headquartered in Israel, is a technological innovator in automotive vision systems and driver assistance technology. Through its wholly owned subsidiary, Foresight Automotive Ltd., Foresight is engaged in the design, development and commercialization of stereo/quad-camera vision systems and V2X cellular-based solutions for the automotive industry based on 3D video analysis, advanced algorithms for image processing and sensor fusion. The company’s powerful and patented stereoscopic technology is derived from field-proven technology that has been deployed throughout the world for almost two decades.

Foresight’s innovative autonomous driving solutions are based on mature, proprietary stereoscopic image technology that uses two synchronized cameras to mimic human depth perception and produce a three-dimensional image. This 3D image can anticipate possible collisions with other vehicles, cyclists, pedestrians and other obstacles. The technology provides highly accurate real-time alerts about the vehicle’s surroundings while in motion. The systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts.

The company’s patents provide IP protection for its robust and proven proprietary stereoscopic technology, which was developed using the security technology of Foresight’s major shareholder, Magna B.S.P.

Foresight has developed three main products:

• QuadSight™. This breakthrough detection system sets the bar for autonomous vehicle vision. It features nearly 100 percent obstacle detection with almost zero false alerts and operates optimally under all weather and lighting conditions, including darkness, rain, fog, haze and glare. QuadSight™ is the first quad-camera multi-spectral vision solution of its kind, driven by advanced and proven image processing algorithms. The system consists of two sets of stereoscopic infra-red and visible-light cameras that enable highly accurate and reliable obstacle detection for seamless 24/7 vision.
• Eyes-On™. This solution uses advanced algorithms for accurate depth analysis and obstacle detection to provide a unique stereo vision Advanced Driver Assistance System (ADAS). It can detect all potential obstacles regardless of shape, form or material, including other vehicles, cyclists, pedestrians and animals. It has an accuracy and reliability of almost 100 percent and near zero false alerts.
• Eye-Net™. This is a cellular-based accident prevention solution that is designed to provide real-time pre-collision alerts to vehicles and pedestrians. This proprietary system is deployed on smartphones and cloud-based servers operating on existing cellular networks, and it eliminates the need for additional designated hardware. Eye-Net™ is designed to provide a complementary layer of protection to advanced driver assistance systems and extends this protection to road users who are not in direct line of sight. It is optimally designed for both urban environments and high-speed scenarios to provide protection for the most vulnerable road users. On March 28, 2018, Foresight announced that it had completed a successful feasibility study of its Eye-Net™ accident prevention solution involving 120 users of Android and iOS cell phones located across Israel.

In 2017, Foresight sought more opportunities within the international market. The Company signed pilot agreements with three leading car manufacturers in China and completed pilot projects meeting all pre-defined requirements and criteria. In addition, FRSX completed a pilot project with Uniti Sweden.

Studies by the Insurance Institute for Highway Safety continue to emphasize the dramatic reduction in accidents and injury-related crashes reported when vehicles are equipped with collision avoidance systems. A recent study by the Institute states that the rate of single-vehicle, sideswipe and head-on crashes was 11 percent lower in vehicles with the warning systems. More importantly, the study shows collision avoidance technology cut the rates of injury crashes of the same type by 21 percent.

Foresight Autonomous Holdings, Inc. also holds a 32 percent interest in RailVision, a company that develops advanced systems for railway safety and maintenance. RailVision has successfully completed 13 tests in Israel, Germany, Italy and Switzerland in addition to a real-time system test with a European railway operator. Over the course of 2017, RailVision successfully completed rounds of financing totaling $5.8 million and started the process of licensing the system according to European standards.

Haim Siboni is the founder of Foresight and has served as the company’s chief executive officer and director since 2015. Siboni, a passionate entrepreneur, has an extensive background in the marketing and business management sectors in the fields of electronics, video, TV, multimedia, computerized systems, line and wireless telecommunication, design and development of systems and devices, including electro-optic radar systems. He is the founder and CEO of Magna B.S.P., Foresight’s major shareholder and a leading innovator in the field of homeland security surveillance solutions.

For more information, visit the company’s website at www.ForesightAuto.com

• New Jersey-based communications company announces LOI marking “ideal combination of intellectual property”
• Company’s new IaaS cloud service plans support blockchain and cryptocurrency mining enterprises
• Hammer aims to position itself as a leader in future 5G technology

An agreement announced on May 8 by Hammer Fiber Optics Holdings Corp. (OTCQB: HMMR) to acquire the stock of 1stPoint Communications, LLC and its subsidiaries represents Hammer’s first acquisition, and furthers Hammer Fiber Optics’ plans to expand its wireless Internet, television, voice and fiber optic carrier services as it considers growing from its New Jersey, New York and Pennsylvania base of operations toward a national network (http://ibn.fm/nkUai). The acquisition brings important revenue and EBITDA into the model.

Hammer Fiber Optics Holdings’ mission is to spearhead a change in the way television, Internet and phone services are delivered to entertainment-hungry consumers, and the company, doing business as Hammer Communications, is aligning itself with other businesses that embrace the same ideals as their core strengths.

Business models within the wireless, cable TV and media industries are changing as rapid technological advancement drives a convergence of the industries and redefines their parameters, joining their services together in one platform. Wireless networks are a primary catalyst of the overall industry transition (http://ibn.fm/Omm44).

The letter of intent for acquisition of 1stPoint Communications, LLC and subsidiaries Open Data Centers, LLC and Endstream Communications, LLC is “an ideal combination of intellectual property,” 1stPoint Communications CEO Erik Levitt stated in a news release. “Hammer will not only have the benefit of the exclusive rights to the patented AIR wireless technology but also to 1stPoint’s switching technology, its underlying CLECs (competitive local exchange carriers) and its Commercial Mobile Radio Services operator.”

In addition, the Open Data Centers facility in New Jersey, which includes its server and switching platforms, is “a significant addition to our core infrastructure to support major growth in the cloud and hosting markets,” Hammer’s founder, Mark Stogdill, stated in the news release.

The company recently revealed plans to launch a cloud hosting and infrastructure-as-a-service platform (IaaS) that offers hosting, cloud and colocation services for blockchain-interested enterprises. Data centers and the energy necessary to use them for cryptocurrency mining can require enormous overhead expenses of businesses, but Hammer’s best-in-class computer servers are prepared to deliver a cloud-based system to those small crypto businesses and free them from the constraints of building and maintaining their own corporate data centers.

Hammer currently serves residential and small businesses in its core market region by supplying high-capacity broadband, voice and video through cabled fiber as well as through its wireless fiber platform. As Hammer adds wholesale services such as backhaul support for cellular network operators, the company expects to position itself as a leader in future 5G technology.

Hammer is leveraging its systems to deliver high-capacity broadband to markets across the country at much lower cost than traditional methods. Live field testing of the new system begins this year with commercial service to follow in the coming months.

In January, the company also announced the launch of a virtual private network service (VPN) to accommodate clients’ concerns about privacy in their Internet usage, one of several ways Hammer is building its infrastructure and carrier grade services.

“We wanted to make sure that our customers had a way to connect and surf the internet away from the scrutiny of internet service providers, even ourselves,” Daniel Corbe, the director of Network Operations, stated in a news release. “Recently, the monitoring of internet usage and potential restriction on that usage have created a demand for customers to maintain their freedom.”

For more information, visit Hammer’s website at www.HammerCorp.info

• SerpentCoin subsidiary builds on smart contract system of Cardano blockchain protocol
• SerpentCoin’s three products establish exchange and stakeholder growth capabilities
• Banking industry’s cryptocurrency fears drive many buyers and sellers to P2P networks

Cryptocurrency trade this year continues to drive pioneering efforts in building a global marketplace free of big regulatory oversight from governments and banks. Peer-to-peer (P2P) network activity is flourishing as banks around the world limit or prohibit the use of their services for trade in bitcoin and other cryptocurrencies (http://ibn.fm/6wGae) through credit card transactions and other exchanges of digital coins, according to Bitcoin.com. Despite the fluctuations arising from the cryptocurrency bubble concerns this year, buyers and sellers exchanged bitcoin worth almost $76.5 million during the final week of the last quarter, highlighting the power of new P2P platforms in bringing together more crypto buyers and sellers, the article states.

Nevada corporation Uneeqo, Inc. (OTC: UNEQ) is building its own focus on diverse P2P crypto trade through a new United Kingdom-registered subsidiary named Serpentcoin, Ltd. that is built on the scientifically ordered blockchain protocol Cardano. Cardano is a smart contract-fueled decentralized blockchain startup helmed by the co-founder of Ethereum (http://ibn.fm/EArhL), and it is being developed to address “fixing the issues seen with Ethereum’s smart contracts,” and designing “other computational models that achieve similar ends without necessarily involving the complexity or cost of Ethereum” (http://ibn.fm/dsb2o).

SerpentCoin’s adoption of Cardano’s smart contract capabilities allows transacting parties to easily view and audit the blockchain ledger as part of what CCN.com describes as Cardano’s drive “to give this tool to people across the world so they can solve their own problems.” Cardano is a cryptocurrency technology stack of completely new design and code that will be completely decentralized to live in a mostly centralized world. SerpentCoin is currently developing three products to work in the blockchain arena — Medusa, a secure crypto wallet application that allows spending through a mobile phone or physical debit card at over 36 million points of acceptance online and offline; Temple, a crypto “treasury” through which stakeholders will maintain and invest profits; and Entwine, the unbreakable smart contracts protocol that eliminates the need for middlemen while upholding agreements between SerpentCoin’s stakeholder “Guardians” (http://ibn.fm/Uw6o1).

The SerpentCoin software is designed to connect mobile users and companies working in a secure, non-intrusive mobile environment, and it will be able to use a variety of cryptocurrencies. The token’s Guardians can exchange value, pay for goods or services, deposit funds on an exchange or enter an application. Their P2P nature makes them difficult to destroy, because even if one peer is shut down, the other peers continue to work and communicate because of the distributed ledger aspects of the blockchain system. Adding new peers is a matter of simple scalability because of the lack of a central server.

Two principles that attracted Uneeqo to Cardano were the budding platform’s efforts to build in the ability to upgrade post-deployed systems without destroying the network, and to find ways of establishing a “healthy middle ground” for regulators to interact with commerce without compromising core principles that the technology inherited from bitcoin. These efforts may help Uneeqo avoid the fate of fellow P2P exchange platform CoinTouch, which shut down this month citing concerns about its inability to comply with the European Union’s new General Data Protection Regulation (“GDPR”), which formally takes effect on May 25 (http://ibn.fm/KH7WH). The GDPR is the EU’s latest bit of legislation aimed at eliminating cybercrime such as fraud and money laundering (http://ibn.fm/kWnZx).

Uneeqo’s license agreement states, “We set out to make it easier to buy a diversified portfolio of cryptocurrencies. Right now, the process is incredibly long and frustrating: you need to set up multiple accounts, wait for multiple verifications, wait to get approved, lose money on transaction fees due to costly transfers between accounts, and on top of that, you also need to be an expert in ‘pair trading’. We don’t think it should be this hard.”

For more information, visit the company’s website at www.UneeqoInc.com

• Transforming a previously cash-only industry with viable cannabis-focused banking solutions
• Convenient online signup plus important industry-unique options for online bank accounts
• Providing merchants of all sizes with a range of free services

Medical Cannabis Payment Solutions (OTC: REFG) is serving the state-licensed cannabis industry with its comprehensive card processing operation. Merchants can sign up directly on the www.Take.Green website for viable cannabis-focused banking solutions. Customers and patients can link directly to a checking account at any U.S. bank and have the option to pay with electronic funds or cryptocurrency. In addition, Green provides vendors with virtual banking, fund management, sales and tax tracking, payroll, bill payment and other important business functionalities. For larger businesses, REFG even offers armored car cash pickup. The company’s one-of-a-kind comprehensive approach provides a previously cash-only industry with efficient banking solutions.

REFG not only allows online signup of merchant clients on its website; it also provides online bank accounts. This overall banking solution provides options to an industry that has had to deal with limited or no bank support due to federal regulations. While most cannabis providers are having their bank accounts shut down, REFG offers solutions that remain compliant with the Federal Crimes Enforcement Network (FinCEN), updating in real time. With Green, merchants can take electronic payments from customers as well as cash. Green provides a safe and easy way to manage the client’s deposits, withdrawals, spending and transfers, all in one intuitive system.

In addition to being free to set up, Green provides a free terminal, if needed, and technical support to connect the client’s point of sale system. Electronic payment cards that are connected to the customer’s bank accounts and display the clients brand design are also free. In addition, each merchant receives a customized app that allows customers to sign up for a payment card on an iPad at the merchant’s physical shop. Merchant fees are based on business volume and risk profile, and Green is able to work with all sizes, from low volume to multi-location high volume, state-sanctioned operations.

For more information, visit the company’s website at www.Take.Green

• 126-acre property purchased for $7 million for construction of Sunniva’s Canadian facility
• Grading work has started on the site, and development applications have been submitted
• Sunniva is one of the largest cannabis producers operating in Canada and California
• Sunniva California Campus in Cathedral City expected to be operational in late Q3 2018

On May 3, 2018, Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) announced that it had selected a 126-acre site in Okanagan Falls, British Columbia, for the construction of its Sunniva Canada Campus and had broken ground. The industrial zoned property was acquired by the company’s wholly owned subsidiary, Sunniva Medical Inc., for a purchase price of $7 million (http://ibn.fm/AUs4U).

Sunniva had considered several options in its site selection process, including leasing land from the Osoyoos Indian Band in Senkulmen Business Park in Oliver, British Columbia. Ultimately, after consideration of a number of factors, the company decided that the Okanagan Falls site provides superior benefits and flexibility. In addition to allowing Sunniva to purchase and own the land, the site offers potential for future expansion.

Sunniva has completed its preliminary due diligence review of the property, but acquisition remains conditional on finalization of certain final due diligence items and other closing conditions. Closing of the deal is expected to be finalized around June 15, 2018. However, per the terms of the agreement, the company has commenced grading work on the property and submitted its development applications in advance of the closing date.

Sunniva also announced its selection of vendors for the construction of the facility, including:

• Certhon Projects B.V., as supplier of greenhouse superstructure and associated infrastructure, including electrical, irrigation, lighting, heating, cooling and CO2 systems;
• EllisDon Corporation, as construction manager and general contractor;
• MQN Architects, as architect consultants; and
• Urban Systems Ltd., as civil and landscaping engineers.

Sunniva is a vertically integrated medical cannabis company that operates in the two largest cannabis markets in the world, Canada and California. In April 2018, the company received temporary state licenses for its Sunniva California Campus in Cathedral City, California, which is expected to be operational in late Q3 2018. These licenses will also enable the company to grow and process high-quality cannabis products for medical and recreational uses. Sunniva will apply for a permanent annual state license for cannabis cultivation within the coming months after the state of California has fully developed regulations for its newly legalized cannabis industry.

In an interview with Best of Cannabis in January 2018 (http://ibn.fm/aFB4i), Leith Pedersen, president and co-founder of Sunniva, stated, “At Sunniva, we’re taking a unique approach. For starters, we’re entering the California market first. We have started construction of a state-of-the-art, 500,000-square-foot greenhouse facility in Cathedral City, CA, that will not only be automated and pesticide-free, but reduce the energy and water requirements of commercial-scale marijuana growing by up to 90 percent.” He also stated that the company is focused on two streams – ensuring safe, pesticide-free and consistent medical cannabis products, and improved doctor and patient access to cannabis education.

Sunniva owns Natural Health Services (NHS), Canada’s largest referral network of medical cannabis patients to licensed Canadian producers. NHS also operated seven clinics, serving over 95,000 active patients throughout Western Canada and Ontario. As one of the largest operators in the medical cannabis space in Canada, Sunniva has significant experience in providing patient care in real clinical settings.

Pedersen went on to say, “The medical cannabis market in California is a complex ecosystem. Anyone interested in doing business there not only needs to understand pre-existing stakeholder relationships, but they must invest their time in building trusted public and private sector relationships. We are constructing one of the largest purpose built production facilities in the state. We have taken our time during development to ensure everyone – from community members to state legislators – fully understands our intentions. It has been an intelligent and measured approach. This is how we have been successful.”

For more information, visit the company’s website at www.sunniva.com

• First construction phase, representing 23 percent of site capacity, completed
• Completion of entire greenhouse cultivation facility anticipated in Q3 2018
• MCOA focused on the development of its hempSMART™ CBD-infused product range

On April 18, 2018, Marijuana Company of America, Inc. (OTC: MCOA), an established hemp company, announced that its joint venture project with Bougainville Ventures, Inc., BV-MCOA Management, LLC, completed construction of three greenhouses covering a total area of 7,000 square feet. This first phase of construction represents a 23 percent completion of the total capacity of BV-MCOA’s 30,000 square foot facility in Okanogan County, Washington (http://ibn.fm/gE70T).

MCOA concluded its joint venture agreement with Bougainville in March 2017, after which it arranged for financing of $800,000 to purchase the land and fund development, including greenhouse construction. Currently, transfer of ownership of the property to the joint venture is awaiting completion of the final subdivision of the property by the Okanogan County Assessor. The company expects the final inspection of the greenhouse construction and its security system to be completed in the coming weeks.

Construction of these greenhouses has been completed in time for the 2018 planting season. Following the announcement, Donald Steinberg, CEO of MCOA, stated, “We are pleased to see the completion of the first phase of the greenhouse facilities. Once the security system is in place, we are confident the site will pass final inspection allowing our tenant-growers to occupy the facility and begin operations. MCOA continues to explore opportunities to replicate this business model and expand our real estate portfolio.”

The joint venture will lease the turnkey property to a third-party licensed tenant, thus acting solely as a landlord. The tenant will be able to take occupation of the property and begin cultivation once the inspection is approved. As a turnkey landlord, BV-MCOA aims to provide an ideal cultivation environment for its future tenants. The company anticipates completion of greenhouse facilities for its entire 30,000 square foot cultivation facility by the beginning of Q3 2018. On completion, the facility will have a total capacity of approximately 4,000 plants.

Aside from BV-MCOA’s leasing activity, the company’s primary focus continues to be the research and development of legal hemp-based consumer products under its proprietary brand name, hempSMART™. This range of cannabidiol (CBD)-based consumer wellness products are manufactured using the highest quality non-psychoactive hemp extracts. One of its leading products is hempSMART Full Spectrum Drops, a CBD-infused product with advanced bioavailability which is available in four flavors and contains coconut and other essential oils.

MCOA implemented an affiliate-marketing program to promote and sell its hempSMART CBD-infused consumer products. The company is focused on the development of other CBD-based products at competitive prices for sale through this program and other retail marketing channels. The company recently announced its engagement of Eddy Pham and Company to launch a fully integrated, multichannel transactional marketing campaign for the hempSMART product line. This marketing campaign will focus on digital advertising, content marketing, infographics, customer incentives, customer acquisition, an expansive social media presence and search engine marketing and optimization that includes in-depth research and analytics.

For more information, visit the company’s website at www.MarijuanaCompanyofAmerica.com

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