MCOA agreement in Washington state a HUGE one with Mama Chan LLC for supplying upcoming MCOA supply/manage Dispensaries in Washington state......BTW Edward Manolos is MCOA advisory plus director and manager in LA base west coast collective dispensary and in Mama Chan LLC supply dispensary in Washington state(MCOA has 4 dispensaries under pilot test and supply/mange now). he opened the first legal dispensary in AL in 2004.....must say MCOA runs by 4 to 8 former top CEO's
MCOA at +.25 by year end won't be a pipe dream.IMO
from pr.....
"We are excited to utilize our prestigious Tier 3 license in Washington to produce the cannabis products that we project MCOA will need to fulfill its sales in Washington State. This type of license allows for us to grow and sell the highest volume within the state and was only granted to a select few candidates," said Edward Manolos, Mama Chan LLC Director and Managing Member.
Upon successful completion of MCOA's pilot program in Southern California, the Company will immediately begin expansion to other legal medical marijuana and adult use states, including Washington State. MCOA is rapidly laying the groundwork to build its infrastructure in Washington, Oregon, Colorado, Nevada and Arizona.....MCOA at +.25 by year end won't be a dream.IMO
complete pr here....
BONSALL, CA--(NewMediaWire- Mar 22, 2016) - MARIJUANA COMPANY OF AMERICA ("MCOA" or the "Company") (OTC PINK: MCOA), an innovative cannabis marketing and distribution company, is pleased to announce that in preparation for expansion into Washington State, the Company has entered into a supply agreement with Mama Chan LLC ("MCL"), a Washington State I-502 Tier 3 licensed cultivator.
Under the terms of the agreement, MCL will provide a wide selection of cannabis products to MCOA in Washington State, including flower (bud), concentrates and finished products. The seasoned management team behind Mama Chan ensures that MCOA will have a sufficient and consistent supply of high quality cannabis products to fulfill the demand of its future members in Washington State. The Tier 3 authorizes between ten thousand square feet and thirty thousand square feet of dedicated plant canopy, which is the maximum out of the three-tier system in Washington.
"We are excited to utilize our prestigious Tier 3 license in Washington to produce the cannabis products that we project MCOA will need to fulfill its sales in Washington State. This type of license allows for us to grow and sell the highest volume within the state and was only granted to a select few candidates," said Edward Manolos, Mama Chan LLC Director and Managing Member.
Upon successful completion of MCOA's pilot program in Southern California, the Company will immediately begin expansion to other legal medical marijuana and adult use states, including Washington State. MCOA is rapidly laying the groundwork to build its infrastructure in Washington, Oregon, Colorado, Nevada and Arizona.
"Establishing this relationship with Mama Chan and their veteran management team in preparation for MCOA's expansion into Washington State, enables the Company to focus specifically on product distribution and branding knowing that we have a professional, experienced team producing high quality, tested MCOA branded products for our adult use clients and patient members," said Mr. Steinberg, MCOA President.
On behalf of the Board of Directors,
"Donald Steinberg"