Marijuana Company of America, Inc. (OTC: MCOA) this morning announced its 2017 year-end review, providing updates on some of its most significant milestones from last year. These included becoming a fully reporting company by filing a Form 10 with the SEC in May; entering into joint venture partnerships with Bougainville Ventures, Inc. and Global Hemp Group, Inc.; acquiring an equity position in MoneyTrac Technology, Inc. and Convenient Hemp Mart’s ‘BeniHemp’ brand; and expanding its corporate communications capabilities by engaging multifaceted financial news and publishing firm NetworkNewsWire. “I am thankful to the teams at MCOA and hempSMART for their accomplishments and due diligence in working through these various projects,” Donald Steinberg, CEO of MCOA, stated in the news release. “We will continue to build upon the diligent work of the past year as we continue to move forward and execute our business plan.”
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About Marijuana Company of America, Inc.
MCOA is a corporation engaged in business including, but not limited to: (1) product research and development of legal hemp-based consumer products containing CBD under the brand name “hempSMART™”, that 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 recreations 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 www.MarijuanaCompanyofAmerica.com
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