NetworkNewsBreaks – Marijuana Company of America
Post# of 969
Marijuana Company of America, Inc. (OTC: MCOA) this morning posted an update on its New Brunswick Hemp Project with joint venture (“JV”) partner Global Hemp Group (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF). Per the update, the partners have hired Joan Parker-Duivenvoorden as a fulltime project agrologist and field manager. Parker-Duivenvoorden will be responsible for the project locally and will provide advisory services to participating farmers and develop training resources to support farmers who will join the project in the future. Currently, four farmers have signed contracts and started seeding this season’s 125-acre industrial hemp crop last week. Additionally, the companies have secured a 4,000 sq. ft. facility in Bathurst, New Brunswick for biomass storage and to install drying equipment that will be used to process the fresh material. The site may also serve as a distribution center for the hempSMART™ and Benihemp line of products, upon acquiring proper licenses for importing and manufacturing finished CBD products.
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