GlobeNewswire•yesterday Marijuana Company of America Announces Official Launch of hempSMART™ in the United Kingdom ESCONDIDO, Calif., March 21, 2019 (GLOBE NEWSWIRE) -- via NetworkWire – MARIJUANA COMPANY OF AMERICA INC. (“MCOA” or the “Company”) (OTC: MCOA), an innovative hemp and cannabis corporation, is pleased to announce that its wholly owned subsidiary, hempSMART, Ltd., a corporation organized in the United Kingdom, will officially launch the Company’s industrial hemp CBD formulated hempSMART™ products in the United Kingdom during the Company’s March 23, 2019, launch event in London.
TheStreet.com•2 days ago Marijuana Co. of America Buys Distributor as California's Pot Market Grows has acquired a stake in Natural Plant Extract of California and its subsidiary, Northern Lights Distribution. Marijuana Co., a $21 million market cap cannabis marketing and distribution operation, will take a 20% stake in Natural Plant Extract, another distributor. Marijuana Co. will pay $2 million in cash and $1 million in stock, valuing the target company at $15 million.
MarketWatch•2 days ago Marijuana Co. of America to buy 20% stake in NPE, to form Viva Buds JV for cannabis delivery Marijuana Co. of America Inc. announced Wednesday its intent to buy a 20% stake in Natural Plant Extract of California (NPE), and its plan to establish a joint venture operating a cannabis delivery service named Viva Buds. Under terms of a letter of intent, Marijuana Co. (MCOA) will contribute $2 million in cash and $1 million worth of its common stock. MCOA and NPE will share in the profits of Viva Buds. "This partnership will enable MCOA to establish itself as a major player in the cannabis arena," said MCOA Chief Executive Donald Steinberg. "All licenses are in place to allow for vertical integration from farm to consumer." MCOA's stock has tumbled 43.4% year to date, while the ETFMG Alternative Harvest ETF has soared 55.3% and the S&P 500 has gained 13.0%.
Newsfile•2 days ago Marijuana Company of America Acquires Interest in Licensed California Manufacturing & Distribution Company Escondido, California--(Newsfile Corp. - March 20, 2019) - MARIJUANA COMPANY OF AMERICA INC. (OTCQB: MCOA) ("MCOA" or the "Company"), an innovative hemp and cannabis corporation, is pleased to announce that MCOA has entered into a letter of intent (LOI) with Natural Plant Extract of California (NPE) and its subsidiary, Northern Lights Distribution, LLC (NLD), to acquire a 20% ownership interest in NPE, and to establish a Joint Venture (JV) to operate a California cannabis ...
Newsfile•24 days ago Marijuana Company of America Issued Patent for hempSMART Brain Escondido, California--(Newsfile Corp. - February 26, 2019) - MARIJUANA COMPANY OF AMERICA INC. (OTCQB: MCOA) ("MCOA" or the "Company"), an innovative hemp and cannabis corporation, is proud to announce that the United States Patent and Trademark Office issued the Company a patent for the formulation of its flagship CBD product, hempSMART™ Brain.hempSMART Brain is a wellness product formulated with a proprietary composition of natural ingredients and cannabidiol (CBD) for the enhancement of brain ...
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