LimeLight of The week is

Marijuana Company of America Inc. (MCOA)

The founders of Marijuana Company of America, Inc. (MCOA) (the “Company”) are pioneers in the cannabis industry going back to 2009 when Don Steinberg, MCOA’s CEO, founded the first marijuana company ever to trade on a U.S. stock market, Medical Marijuana Inc. Since then, Don and his partner, Charlie Larsen, have formed Global Hemp Group and Marijuana Company of America. They have experienced the shift of legislation first hand, not only for the legalization of marijuana but also the emerging hemp-based CBD products.

The CBD market is growing exponentially and consequently the founders of MCOA have constructed their business model around the development of industrial hemp-based CBD products. The industrial hemp plant can be used to produce products that are carbon neutral or even carbon negative. It is one of the longest, strongest natural fibers on earth, used as a building material that is free of mold, pesticide-resistant, and fire proof. Hemp has also been described as a “super food,” which provides additional business opportunities. No part of the plant is left unused and the Company’s overall strategy is to take advantage of every profit center from farm to the multiple valuable finished products.

Investment Considerations

• Strategic approach to cannabis and hemp industry through networking architecture
• Legal marijuana markets estimated to reach $22.6 billion by 2021
• Branded “hempSMART Brain™” CBD product is first to be offered by direct market
• Wellness industry is now $1.9 trillion per year with huge growth potential

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Featured Conference

Grow Up Conference and Expo - Niagara Falls, ON - 9/12/19 to 9/14/19

Grow Up Conference & Expo is your opportunity to learn, network and grow with some of the leaders of the cannabis industry. Set to take place September 12-14, 2019, at Scotiabank Convention Center in Niagara Falls, Ontario, this event is focused on education, collaboration and expansion in the evolving cannabis space. The Niagara region provides clear driving access to 55 percent of the U.S. and 62 percent of the Canadian population, positioning Grow Up squarely in the crossroads of the North American cannabis sector, and the event’s organizers are capitalizing on this venue in ‘the greenhouse capital of Canada’ with an impressive agenda of presentations and seminars.

Upcoming Conferences

• Benzinga Cannabis Capital Conference - Detroit, MI - 8/15/19
• Cannabis Cup Oklahoma - Oklahoma City - 8/24/19 to 8/25/19
• Cannabis Science Conference - Portland, OR - 9/4/19 to 9/6/19
• MJ Biz Con INT’L - Toronto - 9/4/19 to 9/6/19
• NECANN’s Atlantic City Convention - Atlantic City, NJ - 9/14/19 to 9/15/19
• Cannabis Consumer & Business Expo - Toronto - 11/22/19 to 11/24/19

About CannabisNewsWire (CNW)

CannabisNewsWire (CNW) is a multifaceted financial news and publishing company that delivers a new generation of social communication solutions, news aggregation and syndication, and enhanced news release services. Leveraging a professional team of journalists and writers, CNW introduces private and public companies to a wide audience of investors, consumers, journalists and the general public via social media and a rapidly expanding network of over 5,000 key distribution outlets. Cutting through information overload, CNW's innovative and proprietary systems clearly and succinctly deliver its clients much needed visibility, recognition and brand awareness. CNW is where news, content and information converge.