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Marijuana

hempSMART, A Subsidiary Of Marijuana Company Of America Inc (OTCMKTS:MCOA), Slashes Prices Of CBD Drops To Strengthen Immune System

hempSMART, a subsidiary of Marijuana Company Of America Inc (OTCMKTS:MCOA), has reduced the prices of CBD Drops to help the population to strengthen their immune system. The company develops CBD Drops using organically cultivated hemp. CBD Drops comprise a full spectrum of cannabinoids, flavonoids, and terpenes. An independent certified laboratory verifies the integrity, potency, and purity of the product before being introduced in the market. Therefore, the customers can trust the hemp-derived CBD products of hempSMART.

High-quality CBD supports immunity

hempSMART’s Medical Advisory Board Chairman – Paula Vetter FNP said maintaining a healthy immune system is vital in today’s climate. Therefore, you need to adopt a multifaceted approach to strengthen your immunity. High-quality CBD products developed by hempSMART helps you to support your Endocannabinoid System (ECS). In the current climate, it is also necessary to frequently wash the hands using a sanitizer or soap and maintain a social distance to stay safe and healthy along with the use of CBD products.

ECS modifies immune system

According to the findings of The Journal of Cannabis & Cannabinoid Research, which is published in Sept 2019, ECS modifies our immune system. ECS is present in all humans and helps to regulate neurotransmitters, controls inflammation and maintains a healthy immune system. It also helps to regulate and balance thyroid hormones, adrenal hormones, and sex hormones.

Bioavailable and high-quality CBD products are helpful to support ECS and support the body to perform important functions. Therefore, naturally available CBD products play a vital role in improving the defense of the body and get protected from diseases.

Chief Operating Officer of hempSMART, Trevor Meuhfelder said ramping up the sales of CBD products is vital to maintain a healthy immune system. The team at hempSMART has carefully designed the products using high-quality ingredients to help humans to maintain a healthy immune system by strengthening ECS.

Online promotion of hempSMART drops

Gloria Lynch, Director (Global Sales and Marketing) said the company is offering an opportunity to strengthen immunity by reducing the prices of hempSMART CBD drops. 250mg tinctures are available online at $30. The company is pleased to support customers with high-quality products.

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Marijuana

HempSMART, A Subsidiary Of Marijuana Company Of America Inc (OTCMKTS:MCOA), Unveils An Organic Drink Line – smart. by hempSMART

HempSMART, a wholly-owned subsidiary of Marijuana Company Of America Inc (OTCMKTS:MCOA), has unveiled a 95% organic drink line – ‘smart. by hempSmart’. The invite-only event organized by the company along with its partner MCTC Holdings Inc (OTCMKTS:MCTC), in Los Angeles at Mama Lion Nightclub and Restaurant.

Invited all area press to try CBD cocktails

HempSMART has conducted an invite-only event on March 12, 2020, in Los Angeles and invited all area press to try all-natural hemp extract and CBD cocktails. The visitors can try these natural drinks, which are developed using Hemp You Can Feel Technology, enjoy a sense of well being without the negative effects of the cocktail. CEO of MCTC, Arman Tabatabaei, said the company has developed a truly innovative drink using the Hemp You Can Feel technology. People can enjoy organic drinks and feel the well being without any negative effects of alcohol.

Customized drink line

Chief Executive Officer of Marijuana Company, Jesus Quintero, said the company is pleased with the customized and innovative drink line – ‘smart. by hempSMART’ and the results of the partnership with MCTC. Both the companies combined their expertise to produce an innovative and 95% organic drink line. Its ingredients include hemp extracts and 95% organic ingredients. Your body can readily absorb the ingredients, and you will feel a sense of well being without any hangover. The company expects that ‘smart. by hempSMART’ will create an impact in the organic drink market. It nourishes your body and keeps you healthy.

Signs LOI

Marijuana Company has signed an LOI with Essence Farms to form a JV – Riverside Hemp Project that will involve in grow, manufacture, cultivate, and marketing of hemp-derived CBD and hemp in California. As per the agreed terms, Marijuana Company will provide standard operating procedures, management of operations, genetics, and hemp seeds for the new JV. The landowner and cultivator – Essence will support the JV with licenses to grow and sell hemp in Riverside, California.

Marijuana Company sources high-yield seeds and supports the JV to ensure a high percentage of CBD yield. The company will receive 80% of the net profits of the JV.

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Marijuana

Marijuana Company Of America Inc (OTCMKTS:MCOA) Unveils The Marketing Strategy Of Its Subsidiary Hempsmart

Marijuana Company Of America Inc (OTCMKTS:MCOA) has today disclosed details on the progress of its subsidiary hempSMART. The business guru outlined that hempSMART had given an outstanding overview of its 2020 marketing strategy. It also disclosed details about its sales on a global scale.

The business strategy

The company’s Chief Financial Officer, who also happens to be the Principal Executive Officer Jesus Quintero, has given out a statement about the latest developments. Quintero says that he is impressed by the way hempSMART has been going about its business activities.

This subsidiary has been playing a huge role in pushing the company forward through the formulation of new marketing and distribution strategies. Quintero says that they remain committed to embracing all strategies revolving around strengthening their brand and making it even more competitive.

Plans underway

 The official has also spoken about the company’s plan to open some new distribution channels in different parts around the globe.

HempSMART™ is one of the businesses that are set to grace the CBD Conference that will be conducted in Las Vegas Convention Center. This will be the first time that the company will be a part of the industry trade show. There are plans underway to establish some international industry tours that will bring together many attendees from around the globe. HempSMART™ is set to come in contact with about 11,000 attendees from different regions and get to exchange business ideas.

The company’s latest product line is known as the “smart. – powered by hempSMART”. Reports indicate that the product will win over the hearts of the young and active consumers seeking to enjoy the attributes of high-quality CBD. It will be an opportunity for them to lead better lifestyles and promote their wellbeing.

The Global Marketing and Sales Manager working with the subsidiary Ms. Gloria Albarran Lynch has also spoken about the latest developments. Lynch will be spearheading the hempSMART marketing strategy set to help the business develop some premium products for the product consumers. The official says that they are looking forward to winning over an expanded market as they seek to take over leadership.

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Marijuana

Marijuana Company Of America Inc (OTCMKTS:MCOA) Posts Robust Revenues Of $114,810 in Q1 2019 On Improved Sales Of hempSmart Products

Marijuana Company Of America Inc (OTCMKTS:MCOA) has reported robust revenue of $114,810 in Q1 2019. The impressive year on year growth of 504% is achieved through improved sales and demand for hempSMART Products.

Increase in gross profit

The gross profit of Marijuana Company increased from $8,564 in Q1 2018 to $74,932 in Q1 2019. Its gross margins also surged to 65.3%. However, it posted a net loss of $4.2 million from operations in Q1 2019 when compared to a net income of $4.2 million for the same period last year.

The net assets of Marijuana Company have surged by 12% to $2.143 million in Q1 2019 mainly on account of increase in long-term investments, inventory, and cash. Its total liabilities have surged from $5.053 million in Q1 2018 to $8.087 million in Q1 2019 mainly due to an increase in derivative liabilities and convertible notes.

Progress of Oregon hemp project

According to Marijuana Company, the Scio, Oregon based hemp project is on track. It is also putting in efforts for the renewal of hemp grower’s license.

Considerable achievements of Marijuana Company in January 2019 include successful prelaunch of the hempSMART brand in the UK. Its hempSMART brain has got the US patent in February 2019.

To create a JV, Marijuana Company signed an LOI with Natural Plant Extract of California in March 2019. Following the successful completion of an agreement in April, the JV will operate Viva Buds, a cannabis delivery service in California. It has issued a letter to the shareholders providing detailed information on operating performance and financial details. The company also shared information on the acquisitions, which are underway. It signed a partnership accord with MassRoots for the promotion of hempSMART CBD.

CEO of Marijuana Company, Don Steinberg said robust results in Q1 2019 show the company’s commitment to establishing the presence in hemp, cannabidiol, and cannabis markets. He said the company successfully introduced hempSMART products in the UK in Q1 2019. The company’s focus is mainly on hempSMART wellness products that garnered significant interest and demand worldwide. Marijuana Company has expanded the hemp R&D and grow business following the growing demand for hempSMART wellness products.

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Marijuana

Marijuana Company Of America Inc (OTCMKTS:MCOA) Prelaunches Hempsmart In The United Kingdom

Marijuana Company Of America Inc (OTCMKTS:MCOA) is a company in the United States that focuses on hemp and cannabis production. HempSMART™, Ltd is one of its progressive subsidiaries. The business undertook a successful Hempsmart prelaunch in the United Kingdom. It disclosed the details today in its press briefing.

Current state of affairs

In the statement, it outlined that hempSMART™, Ltd had completed the signups successfully. The network marketing sector undergoes dynamics now and then. The division has invested time and effort in the implementation of a customer service team and a regional office. It seeks to accomplish much more. The employment of personnel with many years of experience will turn the distribution center into a major success according to analysts.

The company has plans underway to celebrate the launch hempSMART UK which will most probably take place in March. Quite a significant number of associates already have their tickets, and they look forward to the big day.

A close outlook

The company’s spokesperson says that a number of international speakers will make speeches. The associates from the UK will also be in attendance, and it most probably will be a great event.

Full field training and marketing activities are already underway. The HempSMART team knows that the demand for products will be monumental. That is the reason it is working around the clock to produce adequate inventory.

MCOA remains optimistic that the UK event will mark a new beginning. It seeks to make sells in more countries within the European continent.

HempSMART’s Global Sales Director Ian Harvey believes in every move they are making lately.

He opines, “We have invested in a support infrastructure that will give our associates a fantastic platform to build on, one that supports growth on both a personal and business level.”

Analysts say that the 900 pre-registered persons are a good number for starters. They project that the full launch in March will help the Company make major headway in the sale of its products. They think that the current number will rise to almost double.

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Marijuana

Marijuana Company Of America Inc (OTCMKTS:MCOA) Gears Up for Capacity Expansion in 2019

Marijuana Company Of America Inc (OTCMKTS:MCOA) has completed the submission of Form S1 registration statement with the securities and exchanges commission of the US. It helps the company to generate funds of $10 million for the expansion in 2019 and working capital needs of the ongoing projects.

Marijuana Company sells 500 million common shares to K&J Funds

In the prospectus filed to the US SEC, the company included the proposed resale of 500 million common shares to the selling stakeholder K&J Funds, LLC. It is as per the agreement entered into with K&J on December 20, 2018. Marijuana Company can sell shares worth $10 million for up to 30 months to K&J under the existing investment accord. It accounts for 20.08% of the outstanding and issued common shares of Marijuana Company.

Marijuana Company announces clone production

Marijuana Company announced that clone production for the 2019 season is in top gear at its high yielding hemp project in Scio, Oregon. The company is making efforts for early plantation this year during May and June 2019. Planting is delayed due to late acquisition of the 109-acre farm for the project. It requires an additional two months for the plants to grow larger. The larger plants facilitate higher quantity for biomass.

Marijuana Company expects to cultivate three hemp strains for the extraction of high CBD content. It also yields higher biomass. The hemp strains feature disease tolerance, pest resistance, and shorter flowering period. It facilitates early harvest probably before the onset of the rainy season.

The company carefully selected the hardiest phenotypes for the mother plants, which feeds the cloning process. The cloning process started in November 2018. It will generate more than 40,000 clones for planting in lower 35 acres of the farm. Marijuana Company’s team at Scio, Oregon project is involved in the expansion of cloning operations through upgrading electrical and lighting facilities in the greenhouse. The company will sell the excessive clones generated at the facility for other farms in the region.

Oregon Department of Agriculture has granted the registration to Covered Bridge Acres (CBA), the operating company of the project, for the cultivation of hemp in 2019.

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