NetworkNewsBreaks – Marijuana Company of America
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Posted On: 08/30/2018 5:31:50 PM
NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Issues Update on JV Hemp Farming Project in New Brunswick
Innovative hemp and cannabis corporation Marijuana Company of America Inc. (OTC: MCOA) this morning issued an update on its joint venture project in New Brunswick, Canada, with partner Global Hemp Group Inc. (CSE: GHG) (OTC: GBHPF). The companies highlighted the recent installation of an industrial scale dryer from Cann Systems at the site as a significant milestone moving forward; the dryer will play a key role in drying the biomass, an important first step in the extraction of cannabinoids from the hemp plant. The companies also spoke to the impact of an ongoing drought in the region, which “has complicated matters as the hemp plants have tended to be shorter than usual.” Per the release, the hemp plants are displaying very healthy and weighty inflorescence despite the drought, and the companies suggest that they may even “produce more biomass as a result of stress from competition with weeds and the effects of the drought.”
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 in New Brunswick, Canada, with partner Global Hemp Group Inc. (CSE: GHG) (OTC: GBHPF). The companies highlighted the recent installation of an industrial scale dryer from Cann Systems at the site as a significant milestone moving forward; the dryer will play a key role in drying the biomass, an important first step in the extraction of cannabinoids from the hemp plant. The companies also spoke to the impact of an ongoing drought in the region, which “has complicated matters as the hemp plants have tended to be shorter than usual.” Per the release, the hemp plants are displaying very healthy and weighty inflorescence despite the drought, and the companies suggest that they may even “produce more biomass as a result of stress from competition with weeds and the effects of the drought.”
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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