NetworkNewsBreaks — Marijuana Company of America
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Posted On: 02/04/2019 4:52:19 PM
NetworkNewsBreaks — Marijuana Company of America Inc. (MCOA) Plans to Expand hempSMART Brand into Europe and Asia
Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) recently reported that it is developing a new strategy to internationally expand its hempSMART brand. A recent article discussing the company reads, “MCOA will look to support that vision as it raises $10 million in capital to fund planned projects and expansion plans that include moving into Europe and eventually Asia with its line of hemp-derived CBD (cannabidiol) products. Right before the end of 2018, MCOA announced its filing of Form S-1 with the U.S. Securities and Exchange Commission as an important step in its efforts to raise those funds, according to a company news release (http://nnw.fm/0oNi2). . . . MCOA’s registration statement included a prospectus for the resale of up to 500 million of its common shares, issuable to K&J Funds LLC, a selling stockholder, pursuant to a ‘put right’ under an investment agreement, dated December 20, 2018, that the company entered into with K&J.”
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 (OTCQB: MCOA) recently reported that it is developing a new strategy to internationally expand its hempSMART brand. A recent article discussing the company reads, “MCOA will look to support that vision as it raises $10 million in capital to fund planned projects and expansion plans that include moving into Europe and eventually Asia with its line of hemp-derived CBD (cannabidiol) products. Right before the end of 2018, MCOA announced its filing of Form S-1 with the U.S. Securities and Exchange Commission as an important step in its efforts to raise those funds, according to a company news release (http://nnw.fm/0oNi2). . . . MCOA’s registration statement included a prospectus for the resale of up to 500 million of its common shares, issuable to K&J Funds LLC, a selling stockholder, pursuant to a ‘put right’ under an investment agreement, dated December 20, 2018, that the company entered into with K&J.”
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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