- After successful launch of hempSMART in London, MCOA will follow up with additional launch events in Birmingham and Liverpool
- In London, hempSMART sold out its entire promotional inventory, and more than 1,000 people signed up with the company’s associate networking program
- MCOA and joint venture partner Global Hemp Group are in negotiations with cannabinoid extraction companies in Oregon
Marijuana Company of America Inc. (OTCQB: MCOA) is widening its hempSMART subsidiary’s penetration into Europe by planning Q2 2019 prelaunch events in the Netherlands and Germany. MCOA is following up on the successful launch of hempSMART in London, where all promotional inventory was sold and more than 1,000 people joined the company’s associate networking program (http://ibn.fm/YUup4).
MCOA’s subsidiary, hempSMART, will also add to its successful March brand launch in London with additional launch events in Birmingham and Liverpool. In a news release, MCOA CEO Donald Steinberg said, “HempSMART will continue to put in place the proper preparations to launch in additional EU countries moving forward.”
In addition, MCOA, together with partner Global Hemp Group (CSE: GHG) (OTC: GBHPF) (FRA: GHG), is negotiating with several cannabinoid extraction companies in Oregon for the acquisition of the joint venture’s hemp biomass produced at its Scio farm. Samples processed from the 2018 hemp biomass harvest are being prepared for the extraction companies. Hemp biomass is being processed into CBD crude oil, with results from the extraction test batches expected by mid-April (http://ibn.fm/O5Tpb).
The joint venture partners may also work with local farmers in 2019 to grow hemp in Oregon. This would create another potential joint venture opportunity for MCOA and Global Hemp Group.
MCOA conducts product research and development of legal hemp-based consumer products containing CBD under the brand name ‘hempSMART’. Focused on general health and well-being, MCOA also conducts an affiliate marketing program to promote and sell its legal hemp-based consumer products containing CBD.
For more information, visit the company’s website at www.MarijuanaCompanyofAmerica.com
NOTE TO INVESTORS: The latest news and updates relating to MCOA are available in the company’s newsroom at http://ibn.fm/MCOA