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home / news releases / GBHPF - Marijuana Company of America Inc. (MCOA) and JV Partner to Begin Planting at Covered Bridge Acres


GBHPF - Marijuana Company of America Inc. (MCOA) and JV Partner to Begin Planting at Covered Bridge Acres

  • The team at Covered Bridge Acres employs environmentally friendly practices; it’s in the process of obtaining organic certification
  • The MCOA and GHG teams utilize greenhouses to produce their own seeds instead of purchasing cloned product from third parties
  • This strategic change is forecast to reduce the company’s operating expenses by $200,000

Marijuana Company of America Inc. (OTCQB: MCOA), an industrial hemp company involved in the cultivation and distribution of hemp-derived products, along with joint venture partner Global Hemp Group (CSE: GHG) (OTC: GBHPF) (FRA: GHG), recently announced the commencement of commercial planting at its hemp farm in Scio, Oregon.

This high-yielding, CBD-hemp farming project between partner companies has been eagerly anticipated since its announcement in 2018. Work to prepare 35 acres of land at the farm, which operates under the...

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NOTE TO INVESTORS: The latest news and updates relating to MCOA are available in the company’s newsroom at http://nnw.fm/MCOA

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Stock Information

Company Name: Global Hemp Group Inc
Stock Symbol: GBHPF
Market: OTC
Website: globalhempgroup.com

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