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Global Hemp Group $CHG.ca and Marijuana Company of America $MCOA to Enter Joint Venture Agreement with Space Cowboys’ Colorado Farm

Posted by AGORACOM-JC at 11:18 AM on Tuesday, October 10th, 2017

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  • Marijuana Company of America Inc.  and Global Hemp Group  announce that they have jointly entered into a letter of intent with Space Cowboys, Inc. or the purposes of forming a joint venture
  • Space Cowboys is an existing fully licensed and compliant hemp-derived cannabinoid producer in Colorado

Escondido, California–(October 10, 2017) – Marijuana Company of America Inc. (OTC Pink: MCOA) (“MCOA” or the “Company“), an innovative hemp and cannabis corporation, and Global Hemp Group (CSE: GHG) (FSE: GHG) (OTC Pink: GBHPF), (collectively the “Companies“), are pleased to announce that they have jointly entered into a letter of intent with Space Cowboys, Inc. (“Space Cowboys“) for the purposes of forming a joint venture (the “Joint Venture“). Space Cowboys is an existing fully licensed and compliant hemp-derived cannabinoid producer in Colorado.

Pursuant to the terms of the letter of intent and subject to the Companies obtaining sufficient financing, the Companies will invest US$2.5 Million in exchange for a 25% equity interest in Space Cowboys. The investment funds will be used to expand Space Cowboys’ cultivation operation.

Space Cowboys is in its fourth year of operation and is in full compliance with Colorado state law and the Colorado Department of Agriculture. The business consists of both indoor and outdoor cultivation of highly concentrated CBD hemp on properties located in Longmont and Loveland, Colorado. Space Cowboys’ current hemp crops will be harvested in the latter part of October and prepared for extraction of the high-value cannabinoids.

In addition to the potential revenue streams generated from Space Cowboys’ ongoing high cannabinoid hemp production, this Joint Venture will provide the opportunity to be a part of a legal operation with the extensive knowledge and experience required to cultivate and process industrial hemp into raw cannabinoids. For MCOA, it will also provide a consistent cannabinoid supply from a known source and trusted partner for its hempSMART™ product line. This will also enable Global Hemp Group to develop its Hemp Agro-Industrial Zone concept.

“MCOA has always been interested in developing hemp farms and processing here in the United States. By initiating this Joint Venture, the Company will accomplish this objective along with securing its supply chain of raw cannabinoids. It is an important step in the continued development of the hempSMART brand, which distributes a hemp-based Cannabinoid product line,” said CEO, Donald Steinberg.

The transaction is subject to a number of conditions, including but not limited to, completion of satisfactory due diligence, entry into a definitive agreement and receipt of any necessary regulatory approvals. There is no assurance such conditions will be met or that the Companies will be able to secure the financing necessary to complete the transaction on acceptable terms or at all.

About Space Cowboys

Space Cowboys operates hemp farms in the state of Colorado for the primary purpose of Cannabinoid production. Space Cowboys’ operations are in full compliance with Colorado state law and the Colorado Department of Agriculture.

About Global Hemp Group Inc.

Global Hemp Group (“GHG”) is a publicly traded company founded in 2012, headquartered in British Columbia, Canada with base operations in Montreal and Southern California. The Company is focused on the production and processing of hemp and cannabis, and collaboration with companies that will enable GHG to develop and implement the Hemp Agro-Industrial Zone concept. Through partnerships, joint ventures and acquisitions, the Company will capture cash flow, revenues, and establish a greater collective valuation.

About Marijuana Company of America, Inc.

MCOA is a corporation which participates in: (1) product research and development of legal hemp-based consumer products containing CBD 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.

Forward Looking Statements

This news release contains “forward-looking statements” which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as “anticipate”, “seek”, intend”, “believe”, “estimate”, “expect”, “project”, “plan”, or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of cannabis-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-12G, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.

For more information, please visit the Company’s websites at:

Communications Contact:
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Email Contact

Marijuana Company of America $MCOA and Global Hemp Group $GHG Retain Space Cowboys to Advise on Hemp Cultivation Project in New Brunswick

Posted by AGORACOM-JC at 11:58 AM on Thursday, September 28th, 2017

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  • Announced that Space Cowboys, Inc. of Loveland, Colorado, has been retained to provide consulting services for its New Brunswick hemp project.

Escondido, California–(September 28, 2017) – Marijuana Company of America  (OTC Pink: MCOA) (“MCOA or the “Company“) and Global Hemp Group Inc. (CSE: GHG) (FSE: GHG) (OTC Pink: GBHPF) (“GHG“) are pleased to announce that Space Cowboys, Inc. (“SC”) of Loveland, Colorado, has been retained to provide consulting services for its New Brunswick hemp project.

Space Cowboys has extensive expertise in growing high cannabinoid (CBD & CBG) hemp for extraction and will assist GHG and MCOA to maximize cannabinoid production as the group ramps up cultivation operations in New Brunswick in the coming years. SC currently has ongoing hemp cultivation and extraction operations within the Colorado cities of Loveland and Longmont; meticulously developed over the last four years. Information on Space Cowboys’ operation can be found at http://globalhempgroup.com/spacecowboysconsulting/. Space Cowboy’s by and through their knowledge, expertise, hands-on-approaches, proven concepts and cultivations is an industry leader in legalized hemp production and sales.

MCOA and GHG plan to acquire additional hemp varieties that would be suitable for local conditions in New Brunswick, and expand total acreage to at least 125 acres for the 2018 cultivation. Space Cowboys will provide expertise on additional hemp varieties, expansion, cultivation techniques, and production processes designed to increase cannabinoid yields and profits.

MCOA and GHG are making preparations for the upcoming changes to Canadian legislation expected in 2018 that will allow cannabinoid extraction from hemp. GHG will become MCOA’s primary cannabinoid supplier for the development of the hempSMART™ brand of cannabinoid based products in Canada.

Donald Steinberg, MCOA CEO, said, “MCOA is excited to have Space Cowboys on board advising on our industrial hemp trials in New Brunswick, Canada. Space Cowboys has years of experience cultivating and processing industrial hemp cannabinoids. They can bring tremendous knowledge and expertise to our joint venture with GHG.”

About Space Cowboys

Space Cowboys lawfully operates hemp farms in the state of Colorado for the primary purpose of Cannabinoid production. Space Cowboys’ operations are in full compliance with Colorado state law and holds two licenses with the Colorado Department of Agriculture allowing for cloning, cultivation, harvesting and extraction. Space Cowboy’s farms are properly licensed and up to date with all Department of Agriculture required filings and reporting.  SC farms cultivate with minimal pesticides and use only those pesticides approved by the Colorado Department of Agriculture.

About Global Hemp Group Inc.

Global Hemp Group (“GHG”) is a publicly traded company founded in 2012, headquartered in British Columbia, Canada with base operations in Montreal and Southern California. The Company is focused on the production and processing of hemp and cannabis, and collaboration with companies that will enable GHG to develop and implement the Hemp Agro-Industrial Zone concept. Through partnerships, joint ventures and acquisitions, the Company will capture cash flow, revenues and value, and establish a greater collective valuation.

For more information, visit http://globalhempgroup.com

About Marijuana Company of America, Inc.

Marijuana Company of America, Inc. (“MCOA”) is a corporation engaged in but not limited to: (1) product research and development of legal hemp-based consumer products containing CBD 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 recreational 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 http://marijuanacompanyofamerica.com

Forward Looking Statements

This news release contains “forward-looking statements” which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as “anticipate”, “seek”, intend”, “believe”, “estimate”, “expect”, “project”, “plan”, or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of cannabis-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-12G, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.

For more information, please visit the Company’s websites at:

Communications Contact:
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Marijuana Company of America $MCOA Announces Update on Hemp Growing Trials in Canada $GHG.ca #MMJ

Posted by AGORACOM-JC at 2:17 PM on Thursday, September 21st, 2017

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– two farmers were contracted in northeast New Brunswick to participate in the trial
– three varieties of hemp were grown on Test Plot 1 (CFX1, CFX2 & CRS1)
– two varieties of hemp were on Test Plot 2 (CFX1 & CFX2)
– three planting densities were utilized (15, 30 & 50 kg/ha)
– straw yields ranged from 1.10 to 2.47 tons/ha
– flower production ranged from 0.79 to 1.69 tons/ha

ESCONDIDO, CA–(Sep 21, 2017) – MARIJUANA COMPANY OF AMERICA (“MCOA” or the “Company“) (OTC PINK: MCOA), in conjunction with its joint venture partner, Global Hemp Group, Inc. (CSE: GHG) (FRANKFURT: GHG) (OTC PINK: GBHPF), is pleased to provide an update on the hemp cultivation trials conducted in New Brunswick, Canada.

The field portion of this first-year trial is now complete, with results from laboratory analysis of CBD concentrations of the flowers and leaves expected within the next two to four weeks. For this initial growing season:

– two farmers were contracted in northeast New Brunswick to participate in the trial
– three varieties of hemp were grown on Test Plot 1 (CFX1, CFX2 & CRS1)
– two varieties of hemp were on Test Plot 2 (CFX1 & CFX2)
– three planting densities were utilized (15, 30 & 50 kg/ha)
– straw yields ranged from 1.10 to 2.47 tons/ha
– flower production ranged from 0.79 to 1.69 tons/ha

These results confirm what was seen from casual observation. This year’s yields are somewhat lower than expected, due to the late planting and incomplete field preparation (both which will be rectified for the 2018 cultivation), and lack of rainfall in the spring. In 2018, taller varieties of hemp will be grown to increase straw yields and flowers. For the 2017 trial, the CRS1 outperformed the other varieties in straw production, and CFX2 produced the best flower yields. These results are indicative of the performance of varieties under largely unfavourable conditions.

Future Plans
Farming – As the future focus of the project will be on flower and straw production, other varieties with higher straw and similar flower yields will be selected for next year. MCOA and GHG are currently evaluating a number of varieties for the coming year.

Next year’s production will focus on five experienced farmers cultivating a total of 125 acres. MCOA and GHG have also recruited an agronomist to provide agronomic support to the farmers. Interaction with the farmers will be essential in finding solutions to practical problems that will inevitably arise. To maximize the visibility of the hemp farming experience in the region, farmers were selected across the northeast region of NB.

Industrial site selection – Bathurst appears to be the logical central point to process the straw and flowers coming from as far as Campbellton (75 km to the west) and from Miramichi (75 km to the southeast). The area comprises close to 40,000 acres, mostly in field crops, making hemp an excellent alternative.

There are many industrial sites currently available in the Bathurst region since the closing of the paper mill and mines in the area. The city of Bathurst identified a number such sites in and around its industrial zone that Management recently visited. The mayor of Bathurst and his team were very supportive in the effort to bring processing/job creation to the region. Other sites outside the Bathurst city limits were also explored as possible processing locations.

Research and training – Bathurst is also the site of a very dynamic college, the Collège Communautaire du Nouveau Brunswick (CCNB), with its innovation center designed to support innovation in industry. The project has already benefited from its laboratory capacity in analyzing this year’s hemp samples. The centre is expected to be helpful in addressing some of the technical issues associated with crop production and processing, and training.

Selection of industrial processes.
MCOA and GHG plan to focus on the processing of the flowers for cannabinoid extraction as legislation permits, and the straw for fibre and hurd products. Discussions regarding the engagement of key technological partners is continuing. Once finalized, they will be included in the next version of the project overview that will be submitted to Opportunities New Brunswick in the coming months.

About Global Hemp Group Inc.
Global Hemp Group (“GHG”) is a publicly traded company founded in 2012, headquartered in British Columbia, Canada with base operations in Montreal and Southern California. The Company is focused on the production and processing of hemp and cannabis, and collaboration with companies that will enable GHG to develop and implement the Hemp Agro-Industrial Zone concept. Through partnerships, joint ventures and acquisitions, the Company will capture cash flow, revenues and value, and establish a greater collective valuation.

About Marijuana Company of America, Inc.
MCOA is a corporation engaged in business including, but not limited to: (1) product research and development of legal hemp-based consumer products containing CBD 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.

Forward Looking Statements
This news release contains “forward-looking statements” which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as “anticipate”, “seek”, intend”, “believe”, “estimate”, “expect”, “project”, “plan”, or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of cannabis-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-12G, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.

For more information, please visit the Company’s websites at:
MarijuanaCompanyofAmerica.com
hempSMART.com
agoracom.com/ir/MarijuanaCompanyofAmerica

Marijuana Company of America, Inc.
Investor Relations
1+(888)-777-4362
IR@mcoa.club

Marijuana Company of America $MCOA Announces the Release of #hempSMART Full Spectrum CBD Drops #MMJ

Posted by AGORACOM-JC at 7:49 AM on Wednesday, September 13th, 2017

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  • Released its new Full Spectrum Drops, available in 250mg bottles, enriched with non-psychoactive industrial hemp derived CBD
  • Full Spectrum Drops are now available for purchase by Company affiliates and customers at the Company’s newly redesigned website and sales platform for affiliates at www.hempsmart.com.

ESCONDIDO, CA–(Sep 13, 2017) –  MARIJUANA COMPANY OF AMERICA (“MCOA” or the “Company”) (OTC PINK: MCOA), an innovative cannabis research and development and industrial hemp corporation, is pleased to announce that its wholly owned subsidiary, hempSMART™, Inc., today released its new Full Spectrum Drops, available in 250mg bottles, enriched with non-psychoactive industrial hemp derived CBD.

After several months of market research, competitive comparison and product formulation, the proprietary hempSMART™ Full Spectrum Drops are now available for purchase by Company affiliates and customers at the Company’s newly redesigned website and sales platform for affiliates at www.hempsmart.com.

The hempSMART™ Full Spectrum Drops are available in four different flavors: lemon, mint, orange and strawberry, and are formulated with phytocannabinoid rich full spectrum hemp CBD oil that is free of the THC isolate, and provides the desired “Entourage Effect” of naturally occurring CBD, Terpenes, and complimentary Cannabinoids.

Commenting on the product release, Tim Alvater, the Company’s head of marketing, stated, “The opportunity to develop products using the finest ingredients, coupled with quality non-psychoactive CBD and a marketing plan developed by top affiliate marketing people with decades of experience, gives us the green light to aggressively open the channels of distribution in the US as well as on a global scale. We are proud to be at the forefront of the industrial hemp derived CBD revolution.”

Paul Vetter, a member of hempSMART’s Product Development Advisory Board, commented: “hempSMART’s proprietary Full Spectrum industrially derived CBD free of the THC isolate, with its full array of naturally occurring terpenes, takes CBD supplementation to a new level.”

Donald Steinberg, CEO of MCOA, who previously created multiple affiliate based marketing companies, observed: “The public awareness and acceptance of CBD based products is expanding on a global basis, and at hempSMART™ we are prepared to meet this global demand. Along with our team of executives, we have the products in place, the software, the marketing and the affiliate compensation plan to implement our program of market distribution to an affiliate based marketing group promoting our products in the United States.”

About Marijuana Company of America, Inc.
MCOA is a corporation engaged in business including, but not limited to: (1) product research and development of legal hemp-based consumer products containing CBD 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.

FORWARD LOOKING STATEMENT
This news release contains “forward-looking statements” which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as “anticipate”, “seek”, intend”, “believe”, “estimate”, “expect”, “project”, “plan”, or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of cannabis-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-12G, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.

For more information, please visit the Company’s websites at:
MarijuanaCompanyofAmerica.com
hempSMART.com
agoracom.com/ir/MarijuanaCompanyofAmerica

Marijuana Company of America, Inc.
Investor Relations
1+(888)-777-4362
IR@mcoa.club

Marijuana Company of America $MCOA.us Announces #hempSMART 2.0 With New Website and Affiliate Program

Posted by AGORACOM-JC at 8:54 AM on Thursday, September 7th, 2017

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  • Announced a major update of hempSMART™, the Company’s wellness focused Cannabidiol (CBD) marketing and distribution division
  • www.hempSmart.com and its network marketing platform have been completely redeveloped
  • Provides a more user friendly experience to its affiliates and customers

ESCONDIDO, CA–(Sep 7, 2017) – MARIJUANA COMPANY OF AMERICA (“MCOA” or the “Company“) (OTC PINK: MCOA), an innovative cannabis and hemp marketing and distribution company, is pleased to announce a major update of hempSMART™, the Company’s wellness focused Cannabidiol (CBD) marketing and distribution division.

The hempSMART website: www.hempSmart.com and its network marketing platform have been completely redeveloped to provide a more user friendly experience to its affiliates and customers, and to also provide users with the comprehensive tools necessary to succeed in the growing $1.9 Trillion Wellness Industry.

The new website and network marketing platform have a significantly improved design, expanded content and a more user friendly e-commerce platform that offers the ability to easily expand due to the flexibility of the business platform it is built on. Affiliate’s will now experience a more effective, reliable and streamlined sales process to rapidly expand the Company’s consumer base and Affiliate success stories.

The new hempSMART Affiliate sales and distribution method is designed to ensure that our Affiliates play a leading role in the rapidly emerging Cannabidiol (CBD) movement within the Wellness Industry. The Company is in ongoing discussions about expanding internationally into multiple countries in 2018.

“The solid foundation that our new system and online platform offers will enable our Affiliates to fully utilize their abilities to grow their organizations in the U.S. and globally. Our team is in place, our products are being well received in the market, and we are in an industry that is experiencing exponential growth. We are building a strong foundation of technology, products and a strategic marketing plan that is designed to offer great benefits to our Affiliates who are the key to our success. We look forward to a robust and exciting time for our company,” said CEO, Donald Steinberg.

About Marijuana Company of America, Inc.

MCOA is a corporation engaged in business including, but not limited to: (1) product research and development of legal hemp-based consumer products containing CBD 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.

FORWARD LOOKING STATEMENT
This news release contains “forward-looking statements” which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as “anticipate”, “seek”, intend”, “believe”, “estimate”, “expect”, “project”, “plan”, or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of cannabis-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-12G, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.

For more information, please visit the Company’s websites at:
MarijuanaCompanyofAmerica.com
hempSMART.com
agoracom.com/ir/MarijuanaCompanyofAmerica

Marijuana Company of America, Inc.
Investor Relations
1+(888)-777-4362
IR@mcoa.club

Marijuana Company of America $MCOA.us Announces Joint Venture in Canada with Global Hemp Group $GHG.ca $GBHPF #MMJ #Hemp

Posted by AGORACOM-JC at 7:54 AM on Tuesday, September 5th, 2017

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  • Announce a Joint Venture with Global Hemp Group Inc.  on its industrial hemp project on the Acadian peninsula of New Brunswick, Canada
  • MCOA has partnered with GHG to assist in developing commercial hemp production in the region

ESCONDIDO, CA–(Sep 5, 2017) – MARIJUANA COMPANY OF AMERICA INC. (“MCOA” or the “Company“) (OTC: MCOA), an innovative cannabis and hemp corporation, is pleased to announce a Joint Venture (“JV”) with Global Hemp Group Inc. (“GHG”) (CSE: GHG) (OTC: GBHPF) on its industrial hemp project on the Acadian peninsula of New Brunswick, Canada.

MCOA has partnered with GHG to assist in developing commercial hemp production in the region. Currently GHG is conducting its first phase hemp cultivation trials on the peninsula (Please visit the following link for updates — https://globalhempgroup.com/trialupdates). The results of these trials will be used to establish commercial cultivation in 2018. In this first year of the JV, MCOA will share the costs of the ongoing hemp trial; provide its expertise in developing hemp cultivation; and, be granted a Right of First Refusal as GHG’s primary off-taker of any raw materials produced from this project. The project is also receiving research support from Collège Communautaire du Nouveau Brunswick (CCNB) located in Bathurst, New Brunswick.

GHG’s Hemp Argo-Industrial Zones, or HAIZ, concept will help create the infrastructure capable of processing all of the industrial hemp plant into a number of different wholesale products. This concept being developed by GHG, will help create jobs for farmers and provide superior sustainable products to the global market. MCOA and GHG also intend to extract cannabinoids like CBD, CBG, and CBN for the development of MCOA’s proprietary line of hempSMART™ cannabinoid based products.

“Global Hemp Group is providing MCOA an opportunity to expand into the hemp market in Canada. We intend to build upon this relationship between our companies and are excited to take part in this project in New Brunswick,” said MCOA’s CEO Donald Steinberg.

About Global Hemp Group Inc.
Global Hemp Group (“GHG”) is a publicly traded company founded in 2012, headquartered in British Columbia, Canada with base operations in Montreal and Southern California. The Company is focused on the production and processing of hemp and cannabis, and collaboration with companies that will enable GHG to develop and implement the Hemp Agro-Industrial Zone concept. Through partnerships, joint ventures and acquisitions, the Company will capture cash flow, revenues and value, and establish a greater collective valuation.

About Marijuana Company of America, Inc.
MCOA is a corporation engaged in business including, but not limited to: (1) product research and development of legal hemp-based consumer products containing CBD 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.

Forward Looking Statements
This news release contains “forward-looking statements” which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as “anticipate”, “seek”, intend”, “believe”, “estimate”, “expect”, “project”, “plan”, or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of cannabis-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-12G, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.

For more information, please visit the Company’s websites at:
MarijuanaCompanyofAmerica.com
hempSMART.com
agoracom.com/ir/MarijuanaCompanyofAmerica

MARIJUANA COMPANY OF AMERICA INC.
Investor Relations
1+(888)-777-4362
IR@mcoa.club

$MCOA recently announced $5 Million fixed funding commitment, Find out more #MMJ #Hemp #Marijuana

Posted by AGORACOM-JC at 3:15 PM on Thursday, August 24th, 2017

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MCOA: OTC

RECENT EVENTS

  • Announced $5 Million Fixed Funding Commitment READ MORE
  • Company Announces the Filing of Form 10 Registration Statement with SEC READ MORE
  • Launch of New Website READ MORE
  • Company Invests in Global Payout’s MoneyTrac READ MORE
  • Announced Formation of Strategic Advisory Board READ MORE
  • Finalized Joint Venture Agreement With Bougainville Ventures in Washington State READ MORE 
  • Completed PCOAB Audit READ MORE

Marijuana Company of America $MCOA.us Retained The Brand Law Firm, P.A., And, Craig A. Brand, Esq. #MMJ

Posted by AGORACOM-JC at 7:39 AM on Tuesday, August 22nd, 2017

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  • Retained Craig A. Brand, Esq., The Brand Law Firm P.A. (TBLF), and his cannabis consulting team to provide specialized legal support
  • Focused on complex business, banking and investments in the cannabis and hemp industry

ESCONDIDO, CA–(Aug 22, 2017) – MARIJUANA COMPANY OF AMERICA, INC. (“MCOA” or the “Company“) (OTC: MCOA), an innovative cannabis and hemp marketing company, is pleased to announce that it has retained Craig A. Brand, Esq., The Brand Law Firm P.A. (TBLF), and his cannabis consulting team to provide specialized legal support.

The Brand Law Firm, P.A. is a specialized law firm focused on complex business, banking and investments in the cannabis and hemp industry with national and international clients spanning across all sectors of the industry. From cultivation and extraction to landlords, dispensaries, product development, taxation and banking to compliance and more, TBLF provides industry expertise and is a leading source of knowledge, skill and experience in the cannabis and hemp industries. The Brand Law Firm and its legal, affiliate and consulting teams have more than 75 years of defense and industry experience, training and knowledge.

Craig A. Brand, Esq. and TBLF will provide MCOA with legal support in the areas of general corporate compliance, cannabis and hemp related matters regarding licensing, applications import/export, state, national and international government relations, regulatory analysis and compliance, securities, taxation, product and brand development, as well as introductions to the top product and service providers in the industry.

“We are very fortunate to have an attorney like Craig Brand and his team at The Brand Law Firm advising the Company in all legal matters. Having an experienced legal team led by Craig to guide us will give our Company team confidence in knowing we will always be compliant,” said CEO Donald Steinberg.

Forward Looking Statements
This news release contains “forward-looking statements” which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as “anticipate”, “seek”, intend”, “believe”, “estimate”, “expect”, “project”, “plan”, or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of cannabis-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-12G, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.

For more information, please visit the Company’s websites at:
MarijuanaCompanyofAmerica.com
hempSMART.com
agoracom.com/ir/MarijuanaCompanyofAmerica

Contact:
Marijuana Company of America, Inc.
Investor Relations
1+(888)-777-4362
IR@mcoa.club

Global Payout, Inc. and MoneyTrac Technology Enter the Multi-Billion Dollar CBD Market through their Agreement with H Smart, Inc. $MCOA.us

Posted by AGORACOM-JC at 12:29 PM on Wednesday, August 9th, 2017

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  • Majority owned subsidiary, MoneyTrac Technology, Inc.,has completed an agreement with H Smart Inc. a division of Marijuana Company of America
  • Technology available in MTRAC’s platform, via software developed and provided by Virtu Network Solutions, will be utilized by H Smart for payment of commissions to H Smart’s affiliates
  • GOHE projects that these load payments and bank account transfers will generate substantial revenue to MTRAC that will be realized this fiscal quarter

SAN DIEGO, CA–(Aug 9, 2017) – Global Payout, Inc. (OTC PINK: GOHE) (the “Company”) is pleased to announce that its majority owned subsidiary, MoneyTrac Technology, Inc. (“MTRAC”), has completed an agreement with H Smart Inc. (a division of Marijuana Company of America, “MCOA”), a developer and distributor of innovative wellness and Cannabidiol (“CBD”) products, for the use of MTRAC’s financial technology platform. The technology available in MTRAC’s platform, via software developed and provided by Virtu Network Solutions, will be utilized by H Smart for payment of commissions to H Smart’s affiliates. GOHE projects that these load payments and bank account transfers will generate substantial revenue to MTRAC that will be realized this fiscal quarter.

H Smart will provide MTRAC with a pivotal opportunity to enter into the emerging CBD market, which according to information provided by the Hemp Business Journal, is estimated to grow to a $2.1 billion market in consumer sales by 2020, representing a 700% increase from 2016. MoneyTrac COO, Vanessa Luna says, “This agreement with H Smart is another example of MoneyTrac’s ongoing commitment of identifying businesses in alternative market sectors that can benefit immensely from the financial technology solutions our platform is equipped with. We are very excited to be given the opportunity to integrate our technologies into this rapidly-growing CBD market, and look forward to becoming a valuable resource to H Smart as they work to expand their market reach within the Wellness Industry.”

Robert Hymers, CEO of H Smart says, “H Smart’s core mission is to provide educated consumers with access to the highest quality CBD technologies and products. The financial technology solutions that MoneyTrac will deliver will help create the most efficient transaction process for our affiliates who will be at the forefront of marketing our innovative wellness and CBD products to consumers.”

The Company expects for MTRAC to continue identifying and extending their technology platform to the many businesses currently operating in alternative market sectors, all while growing revenues and building value for its shareholders.

About Global Payout, Inc. (OTC PINK: GOHE)

Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of comprehensive and customized prepaid payment solutions for domestic and international organizations distributing money worldwide. In 2014, Global introduced its first online payment platform called the Consolidated Payment Gateway (CPG), which allowed its enterprise clients to transfer money to international bank accounts, mobile accounts, and prepaid card accounts. The development of the CPG became the foundation for the introduction of its new, state of the art FINTECH payment system and “Global Reserve Platform” in 2017, for both online and mobile applications to allow account holders to maximize an expanded suite of financial services and minimize operational costs. Global will continue to offer their payment system to many vertical markets for support of foreign currency exchange and digital currency, including ongoing support of the banking industry and international governments.

About MoneyTrac Technology

MoneyTrac Technology, Inc. is a pioneer in offering a full-service solution for alternative banking and electronic financial solutions and provides all aspects of financial technology including E-Wallet and mobile apps services for businesses and companies in various “high-risk” industries. MoneyTrac’s technology platform allows for its clients to access their financial information from anywhere in the world, in addition to providing tracking and compliance to help them manage and control the flow of all revenue through their business.

About Marijuana Company of America (MCOA)

Marijuana Company of America (“MCOA”) is a publicly traded company headquartered in Southern California. MCOA will distribute marijuana and products related to marijuana as well as CBD and hemp, using a variety of marketing approaches to distribute on a global basis.

Forward-Looking Statements Disclaimer:

This press 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. In some cases, you can identify forward-looking statements by the following words: “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov Contact Information

Marijuana Company of America Announces a $5 Million Fixed Funding Commitment $MCOA.us

Posted by AGORACOM-JC at 11:44 AM on Tuesday, August 1st, 2017

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  • Announced today that it has signed an investment agreement with Tangiers Global, LLC for a Fixed Funding Commitment which will provide the Company with an equity investment of up to $5 million

ESCONDIDO, CA–(Aug 1, 2017) – MARIJUANA COMPANY OF AMERICA, INC. (“MCOA” or the “Company”) (OTC PINK: MCOA), an innovative cannabis and hemp marketing and distribution company, announced today that it has signed an investment agreement with Tangiers Global, LLC (“Tangiers”) for a Fixed Funding Commitment which will provide the Company with an equity investment of up to $5 million. The funding is subject to and contingent upon the Company filing an S-1 registration statement with the Securities and Exchange Commission, and having the Commission deem the registration effective. Concurrent with execution of the investment agreement, the Company also entered into a bridge loan facility with a face value of $250,000 pursuant to which it issued a 10% fixed price convertible promissory note. Proceeds of both the bridge loan and equity facilities may be used for working capital purposes and to pursue acquisitions or other strategic opportunities.

Donald Steinberg, President and CEO of MCOA, commented: “We are excited to partner with Tangiers. They have committed to providing us with the capital we require to rapidly grow the business. Their decades of experience and knowledge will provide us with the edge we need to effectively position the Company in the marketplace. They thoroughly understand MCOA, our industry and our ambitious goals — our partnership will ensure that we meet those goals and maximize shareholder value.”

The Director of Investments at Tangiers stated: “Marijuana Company of America, Inc.’s strong management team is executing MCOA’s business plan in a highly effective manner and the Company is well positioned in an industry that is expanding at an extremely fast pace. We see significant upside potential in their operations and look forward to financing their expansion for the long-term with the money we have committed.

SAFE HARBOR STATEMENT
This release contains forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, we can give no assurance or guarantee that such expectations and assumptions will prove to have been correct. Forward-looking statements are generally identifiable by the use of words like “may,” “will,” “should,” “could,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” or “project” or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to: adverse economic conditions, competition, adverse federal, state and local government regulation, international governmental regulation, inadequate capital, inability to carry out research, development and commercialization plans, loss or retirement of key executives and other specific risks. To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.

For more information, please visit the Company’s websites at:
MarijuanaCompanyofAmerica.com
hempSMART.com
agoracom.com/ir/MarijuanaCompanyofAmerica

Marijuana Company of America, Inc.
Investor Relations
1+(888)-777-4362
IR@mcoa.club