CannabisNewsWire
CannabisNewsWire

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LimeLight of The week is

Marijuana Company of America Inc. (MCOA)

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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.

Company Highlights

  • 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 Event

USA CBD Expo - Las Vegas Convention Center - 2/13/20 to 2/15/20

USA CBD Expo: Vegas. The Largest Selection of CBD/Hemp Products. The industry’s leading brands all in one place with 300+ Vendors and 500+ Brands. Learn about all aspects of CBD and Hemp from 40+ Expert Speakers. USA CBD Expo: Vegas is expecting more than 500 Exhibitors and Sponsors at Las Vegas event. Having such a large venue means there will be exhibitors from every corner of the huge CBD Industry. Learn about CBD and network with Hemp and CBD vendors. Our exhibitors and sponsors are eager to show off their brands, and teach about the benefits of CBD. See for yourself! Check out what made USA CBD Expo Miami a huge success, and get ready for USA CBD Expo Vegas. View USA CBD EXPO 2019 MIAMI on YouTube.

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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.

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