MCOA - NetworkNewsBreaks - Marijuana Company of America Inc. (MCOA) Issues Update on JV Hemp Farming Project in New Brunswick
Innovative hemp and cannabis corporation Marijuana Company of America Inc. (OTC: MCOA) this morning issued an update on its joint venture project in New Brunswick, Canada, with partner Global Hemp Group Inc. (CSE: GHG) (OTC: GBHPF). The companies highlighted the recent installation of an industrial scale dryer from Cann Systems at the site as a significant milestone moving forward; the dryer will play a key role in drying the biomass, an important first step in the extraction of cannabinoids from the hemp plant. The companies also spoke to the impact of an ongoing drought in the region, which “has complicated matters as the hemp plants have tended to be shorter than usual.” Per the release, the hemp plants are displaying very healthy and weighty inflorescence despite the drought, and the companies suggest that they may even “produce more biomass as a result of stress from competition with weeds and the effects of the drought.”
To view the full press release, visit: http://nnw.fm/N7LRf
About Marijuana Company of America Inc.
MCOA is a corporation which participates in: (1) product research and development of legal hemp-based consumer products under the brand name “hempSMARTâ„¢”, 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 recreational 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
More from NetworkNewsBreaks
- NetworkNewsBreaks — The Flowr Corp. Chairman and Chief Strategist Discusses Company Activities, Outlook in Interview on The Brave New Weed Podcast
- NetworkNewsBreaks — Pressure BioSciences Inc. (PBIO) Issued Key U.S. Patent for High-Pressure Flow-Through Microfluidic Sample Preparation Device
- NetworkNewsBreaks — Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Reports Additional Encouraging Results from DehydraTECHâ„¢ Nicotine Study
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com