NetworkNewsBreaks – Marijuana Company of America
Post# of 969
Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) this morning announced that it mailed a letter to its shareholders on May 1, 2019 to update them on recent developments and new business opportunities. Per the update, the letter provided information regarding the company’s two current, pending acquisitions, a review of its recent financial and operating performance, and details of its new Viva Buds(TM) brand that will serve as a manufacturing, distribution and retail delivery service for cannabis products in the state of California. “Our shareholder letter addresses our hemp research and growth business expansion, and the two joint ventures we started with Global Hemp Group Inc. last year, which includes a working hemp farm in Oregon that just comleted its successful first harvest in late 2018,” MCOA Chairman and CEO Don Steinberg said in the news release. “We are confident to now be strategically positioned to drive more revenue and expand exponentially into new markets with our products and business growth methods.”
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