NEW YORK, June 28, 2018 (GLOBE NEWSWIRE) -- via CannabisNewsWire – CannabisNewsWire ("CNW"), a multifaceted financial news and publishing company, today announces
the publication of an editorial featuring Marijuana Company of America Inc. (OTC:MCOA), a client of CNW that focuses on product
research and development of legal hemp-based consumer products containing CBD under the brand name “hempSMART™”, an affiliate
marketing program to promote and sell its products, as well as leasing of real property and expansion of business into ancillary
areas of the legalized cannabis and hemp industry.
To view the full publication, titled “Farm Bill Legislation May Springboard Federal Hemp Acceptance,” visit: http://cnw.fm/WP4fi
From seed to shelf, MCOA has built its business model around industrial hemp-based CBD products. Hemp has a myriad of uses
beyond CBD therapeutics – as a food, a natural fiber, and even as a commodity in the building materials sectors. No part of the
plant goes unused, and MCOA’s overarching strategy is to capitalize at each profit point – from farm to finished products. MCOA
appears to be establishing a commanding presence at multiple inflection points across the entire hemp value chain.
In what appears to be a vertically integrated business strategy, MCOA entered into a joint venture with Global Hemp Group Inc.
(OTC:GBHPF) to launch multiple industrial hemp cultivation projects in the legal marijuana states of the U.S. and in Canada. The
first is a 125-acre industrial hemp cultivation project in northeast New Brunswick. The project is well under way with objectives of promoting hemp farming and attendant year-round
jobs.
About Marijuana Company of America, Inc.
MCOA is a corporation which participates in: (1) product research and development of legal hemp-based consumer products under
the brand name “hempSMART™”, that targets general health and well-being; (2) an affiliate marketing program to promote and sell its
legal hemp-based consumer products containing CBD; (3) leasing of real property to separate business entities engaged in the growth
and sale of cannabis in those states and jurisdictions where cannabis has been legalized and properly regulated for medicinal and
recreations use; and, (4) the expansion of its business into ancillary areas of the legalized cannabis and hemp industry, as the
legalized markets and opportunities in this segment mature and develop. For more information, visit the company’s website at
www.MarijuanaCompanyofAmerica.com
About CannabisNewsWire (CNW)
CannabisNewsWire (“CNW”) is a specialized information service that (1) aggregates cannabis news, (2) provides CannabisNewsBreaks that quickly updates investors in the space, (3) enhances corporate press
releases, (4) helps companies with distribution and optimization of social media, and (5) delivers comprehensive corporate
communication solutions. CNW is uniquely positioned in the cannabis market with a strong team of journalists and writers who can
help private and public companies reach a wide audience of investors, consumers, journalists and the general public through our
ever-growing dissemination network of more than 5,000 key syndication outlets. CNW is bringing unparalleled visibility, recognition
and content to the cannabis industry.
For more information please visit https://wwwCannabisNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever
published or re-published: http://CNW.fm/Disclaimer
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and
Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are
based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned
not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof.
In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this
release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to
differ materially from those indicated in the forward-looking statements.
CNW Corporate Communications Contact:
CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.net