- Marijuana Company of America is based in the United States and has begun launching its cannabidiol (CBD) products in the United Kingdom and Europe
- The cannabis and hemp industries are expected to be worth $66.3 billion worldwide by 2025
- The CBD market in Europe is expected to grow by more than 400 percent through 2023
- MCOA’s revenues increased by 840 percent year-over-year during 2018 and, at the end of the first quarter of this year, were up by 504 percent year-over-year
Marijuana Company of America Inc. (OTCQB: MCOA) has been flexing its muscle in the cannabis and hemp industries during recent months by building inroads to California’s world-leading market while also expanding into the international arena. The company is developing a diversified income base that provides a measure of security to shareholders while increasing its presence in a fledgling space that has exploded to such a degree that the industry is expected to hold a $66.3 billion global capitalization by 2025, growing at a CAGR of 23.9 percent, according to Grand View Research Inc. analysis (http://nnw.fm/Vw4u3).
MCOA noted in June that it had successfully launched its hempSMART subsidiary’s products in Scotland, selling out its cache and signing up of numerous new marketing associates...
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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