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Posted On: 03/08/2019 6:42:30 PM
Post# of 969
NetworkNewsBreaks — Marijuana Company of America Inc. (MCOA) Developing Strong Portfolio Targeting Global Hemp Industry Projected to Reach $5.7B by 2020
Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, is building a robust portfolio of investments and joint ventures that operate within the legal cannabis and industrial hemp markets. A recent article discussing the company reads, “According to a first-of-its-kind report from data analytics firm New Frontier Data, ‘The Global State of Hemp: 2019 Industry Outlook,’ global hemp retail sales totaled $3.7 billion in 2018 and are on track to grow to $5.7 billion by 2020, as an article published by The Motley Fool reports (http://nnw.fm/ut7QA). New Frontier Data’s report estimates that U.S. hemp sales will have jumped to $2.6 billion by 2022, representing a compound annual growth rate of 27 percent. Of this $2.6 billion in hemp sales, half ($1.3 billion) is expected to stem from hemp-derived CBD products.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, is building a robust portfolio of investments and joint ventures that operate within the legal cannabis and industrial hemp markets. A recent article discussing the company reads, “According to a first-of-its-kind report from data analytics firm New Frontier Data, ‘The Global State of Hemp: 2019 Industry Outlook,’ global hemp retail sales totaled $3.7 billion in 2018 and are on track to grow to $5.7 billion by 2020, as an article published by The Motley Fool reports (http://nnw.fm/ut7QA). New Frontier Data’s report estimates that U.S. hemp sales will have jumped to $2.6 billion by 2022, representing a compound annual growth rate of 27 percent. Of this $2.6 billion in hemp sales, half ($1.3 billion) is expected to stem from hemp-derived CBD products.”
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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