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Posted On: 10/02/2018 6:00:36 PM
Post# of 969
NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Provides Update on JV CBD Hemp Operation in Oregon
Innovative hemp and cannabis corporation Marijuana Company of America Inc. (OTC: MCOA) this morning issued an update on its joint venture project with partner Global Hemp Group Inc. (CSE: GHG) (OTC: GBHPF) in Scio, Oregon. Per the update, harvest has commenced at the farm. During the next 10 days, the team will harvest this year’s crop consisting of roughly 36,000 high yielding CBD hemp plants that were grown in an orchard style cultivation on 33 acres. Following the harvest, the hemp will be dried in preparation for storage prior to processing. After the drying of this year’s crop is complete, the previously purchased fifth greenhouse will be installed, increasing the active greenhouse space at the project to over 19,000 sq. ft. Utilizing the current and future greenhouses, cloning operations for the winter crop has been initiated by the team. Additionally, the update reports that the success of this year’s hemp cultivation has attracted the attention of the local community. Management is currently in discussions with several local farmers concerning contract farming and share cropping for the project, starting next year.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Innovative hemp and cannabis corporation Marijuana Company of America Inc. (OTC: MCOA) this morning issued an update on its joint venture project with partner Global Hemp Group Inc. (CSE: GHG) (OTC: GBHPF) in Scio, Oregon. Per the update, harvest has commenced at the farm. During the next 10 days, the team will harvest this year’s crop consisting of roughly 36,000 high yielding CBD hemp plants that were grown in an orchard style cultivation on 33 acres. Following the harvest, the hemp will be dried in preparation for storage prior to processing. After the drying of this year’s crop is complete, the previously purchased fifth greenhouse will be installed, increasing the active greenhouse space at the project to over 19,000 sq. ft. Utilizing the current and future greenhouses, cloning operations for the winter crop has been initiated by the team. Additionally, the update reports that the success of this year’s hemp cultivation has attracted the attention of the local community. Management is currently in discussions with several local farmers concerning contract farming and share cropping for the project, starting next year.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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