NetworkNewsBreaks – Marijuana Company of America
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Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, is advancing in its effort to develop farm-to-consumer vertical collaboration between its subsidiaries in the cannabis space. A recent article discussing the company reads, “This month, the company added a push into the tetrahydrocannabinol (THC) product space by announcing an LOI with Natural Plant Extract of California (‘NPE’) and its subsidiary, Northern Lights Distribution LLC, to establish a joint venture that would operate a California cannabis delivery service named Viva Buds. . . . ‘This partnership will enable MCOA to establish itself as a major player in the cannabis arena,’ CEO Donald Steinberg stated in a news release about the agreement (http://nnw.fm/Hg36e). ‘The NPE team has a great deal of industry knowledge and has an industry disruptive business model. This is a huge strategic move for MCOA.’”
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