CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Eyes Record-Breaking April Sales in Strong Structural Growth Boom

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced that it has seen record total monthly cannabis sales and record sequential monthly cannabis sales growth so far in the month of April. According to the update, the company’s total gross cannabis sales for April are running at an annualized pace of more than $6 million, which is an increase of more than 400% over average monthly sales seen in calendar Q1. “This data should help to better contextualize our prior announcement detailing our expansion in total cannabis production capacity,” Cannabis Strategic Ventures CEO Simon Yu said in the news release. “Demand is through the roof. We don’t see this as a consequence of the stay-at-home policy. This is about improving market positioning in a strong structural growth boom. We are establishing a wider and wider footprint in terms of distribution partners, and the overall market is continuing to experience powerful growth in demand at the end market level.”

To view the full press release, visit http://cnw.fm/4zTzT

About Cannabis Strategic Ventures

Cannabis Strategic Ventures, Inc. (OTC: NUGS) is one of the largest publicly traded marijuana cultivators in the United States. The company is Los Angeles-based that incubates, develops and partners with category leaders within the cannabis and ancillary sectors. The firm’s NUGS brand experience provides operational and financial strategic partnerships and a range of essential services to emerging and existing cannabis consumer brands. For more information, visit www.CannabisStrategic.com.

NOTE TO INVESTORS: The latest news and updates relating to NUGS are available in the company’s newsroom at http://cnw.fm/NUGS

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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CBDNewsBreaks – Pressure BioSciences Inc. (PBIO) Inks Binding LOI to Acquire Cannaworx, Inc.

Pressure BioScience (OTCQB: PBIO), a leader in the development and sale of broadly enabling, pressure-based instruments, consumables and platform-technology solutions to the worldwide life sciences and other industries, today announced that it has signed a binding letter of intent (“LOI”) to merge with Cannaworx, Inc. (USA) and its diverse portfolio of products and intellectual property. The merger will combine Cannaworx’s proprietary portfolio of consumer products with the application of PBIO’s breakthrough ultra shear technology (“UST”). Following the merge, the company will utilize its extensive intellectual property portfolio, consisting of a proprietary pressure platform, nanotechnology and advanced delivery systems, to disrupt markets including the booming U.S. hemp-derived CBD market. “We have been actively searching for an opportunity to participate in the end-product growth and upside we believe our UST platform creates and delivers. We are very excited to bring our companies together for what we believe to be a momentous inflection point in significant new growth and increased shareholder value,” PBIO president and CEO Richard T. Schumacher stated in the news release.

To view the full press release, visit http://cnw.fm/mSQ79

About Pressure BioSciences Inc.

Pressure BioSciences is a leader in the development and sale of innovative, broadly enabling, pressure-based solutions for the worldwide life-sciences industry. The company’s products are based on the unique properties of both constant (i.e., static) and alternating (i.e., pressure-cycling technology, or “PCT”) hydrostatic pressure. PCT is a patented, enabling technology platform that uses alternating cycles of hydrostatic pressure between ambient and ultra-high levels to safely and reproducibly control bio-molecular interactions (e.g., cell lysis, biomolecule extraction). PBIO’s primary focus is in the development of PCT-based products for biomarker and target discovery, drug design and development, biotherapeutics characterization and quality control, soil and plant biology, forensics and counter-bioterror applications. Additionally, major new market opportunities have emerged in the use of its pressure-based technologies in the following areas: (1) the use of its recently acquired, patented technology from BaroFold Inc. (the “BaroFold” technology) to allow entry into the biopharma contract services sector, and (2) the use of its recently patented, scalable, high-efficiency, pressure-based Ultra Shear Technology (“UST”) platform to (i) create stable nanoemulsions of otherwise immiscible fluids (e.g., oils and water) and (ii) prepare higher-quality, homogenized, extended shelf-life or room-temperature, stable, low-acid liquid foods that cannot be effectively preserved using existing nonthermal technologies. For more information, visit the company’s website at www.PressureBiosciences.com.

About CBDWire

CBDWire (CBDW) is a specialized information provider focused on (1) reporting CBD-related news and updates, (2) releasing CBDNewsBreaks crafted to keep investors abreast of the latest and greatest in the CBD market, (3) refining and enhancing corporate press releases, (4) delivering end-to-end distribution and social media services to client-partners and (5) constructing effective corporate communication solutions based on the unique requirements of CBD companies. CBDW is exclusively positioned in the burgeoning CBD sector with a proven team of journalists and researchers working to deliver high quality content to an expansive target audience of investors, consumers and industry news outlets. Our dissemination network of over 5,000 downstream distribution points allows us to deliver unparalleled reach, visibility and recognition to companies operating in both cannabidiol and the wider cannabis space. CBDWire (CBDW) is where CBD news, content and information converge.

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420 with CNW – New Jersey Voters Likely to Vote in Favor of Cannabis Legalization

Last December, New Jersey lawmakers approved a resolution that would put a referendum on legalizing marijuana on the state’s 2020 ballot. A select group of lawmakers, advocates as well as Gov. Phil Murphy has been hoping to pass the marijuana legalization measure last year, but disagreements over the specifics of the bill made it impossible.

With the decision to legalize marijuana to be put on a referendum, they were hoping voters would vote in favor of legalization. “We’re optimistic that next November New Jersey voters will replace an eight-decade long policy disaster with a far more sensible approach to marijuana,” Karen O’Keefe, state policies director for the Marijuana Policy Project said at the time.

A survey by Monmouth University has found that their hopes may not be unfounded. 704 registered voters were interviewed from April 16 to 19, and a majority of them were in favor of marijuana legalization. 61% of the respondents said they would vote in support of the proposal, while 34% said they would vote against it.

On the political front, 74% of the Democrats, 74% of the independents, and 40% of the Republicans said they would vote in favor of the legalization measure in the referendum.

78% of those aged 18-34, 62% of those between 35-54 and 48% of those 55 and older supported the legalization measure. When the voters were asked about allowing individuals 21 and older to possess small amounts of cannabis, 64% were in support of it while 32% were against it.

Additionally, 48% of the New Jersey residents stated that it would be a good idea to let adults purchase cannabis from a licensed store as opposed to the black market. 38% said it was a bad idea, while 22% said they didn’t have an opinion on the matter.

“Support for the marijuana ballot measure is widespread in part because many who have no opinion on whether legalization is a good idea figure they might as well vote for it,” explains Patrick Murray, director of the Monmouth University Polling Institute.

The survey also found that six in ten New Jersey voters (62%) believe that legalizing marijuana is good for the economy. 10% say legalization will hurt the economy and 21% believe it would have no impact either way.

However, 27% of the respondents believe legalizing marijuana would lead to an increase in other drug-related crimes while 22% believe it will lead to a decrease in other drug crimes instead. 46% say legalization won’t have an effect either way.

Experts are of the view that support for the referendum may grow as campaigners get to work to marshal further support among the voters. It would be interesting to pick the brains of established companies like Round Meadow Holdings Corp. and The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) on what they think the prospects of legalization on voting day are.

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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420 with CNW – Marijuana Edibles Could Become More Popular After Coronavirus Outbreak

The coronavirus pandemic is like nothing we’ve ever experienced. The virus has quite literally ground the globe to a halt, with most businesses shut down and people stuck indoors. The chances of kicking it in the foreseeable future are quite slim, and experts say life may not go back to normal when we eventually do.

Cannabis was lucky enough to be declared essential by most state governments that allow marijuana within their borders. Not only has this proved just how important the industry is to the millions of patients and the over 200,000 employees that rely on it, but it has shown that governments are willing to accept marijuana.

In fact, as soon as most lockdowns were announced, cannabis stores reported massive spikes in demand. According to Elliot Dobris, a spokesperson for the Apothecarium, a dispensary with three San Francisco locations, the day of shelter in place was the busiest day they’d ever had. “We’ve never had longer lines than that, including 4/20 and the first days of recreational sales in the state, ever. Stores were absolutely slammed.”

Pot stores have also reported another interesting development. They are recording higher edible sales than ever before, while flower and vape sales have gone down. Eaze, a  California based marijuana delivery company has seen edible sales increase from 15% to 30%, while flower and vape sales have reduced from 25% to 17% and 33% to 25% respectively.

That is to be expected. The coronavirus attacks the respiratory system, and experts say smoking will compromise your lung health, thereby putting you at greater risk of developing severe symptoms if you do contract the virus. And as folks still need their cannabis, they have turned to ingesting it, which is arguably the safest way to use cannabis.

“Based on prior studies with other pulmonary infections, both bacterial and viral, it is highly likely that cigarette smoking and vaping will increase the risk of coronavirus pneumonia and increase its severity, though we don’t know to what extent,” says Dr. Michael Matthay, Associate Director of Critical Care Medicine at UCSF.

It is feasible that even after the outbreak dies down, people might stick to edibles. Long time marijuana users often transition to edibles to preserve their lung health, and as experts say we might be stuck with the virus for quite a while, it would make sense to continue using edibles.

Edibles do have a certain reputation, but that’s because most first-timers jump in without doing their research. As more of the THC in the cannabis is absorbed, edibles can be quite strong. This shelter in place time could give folks time to experiment and find out just what works for them, and it may shape their preferences in the future.

Analysts believe sector players like Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) are crunching the numbers on these trends in order to make their long-term plans appropriately.

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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CannabisNewsBreaks – SinglePoint, Inc. (SING) Enters JV Agreement with Box-Bioscience in Ramped-Up Effort to Meet Demand for Hand Sanitizer, Bulk Products

SinglePoint (OTCQB: SING) today announced that it is ramping up its effort to meet in bound demand for hand sanitizer and other sanitizing products. According to the update, SinglePoint recently entered into an LOI that quickly progressed to a JV Agreement (“JV”) with Box-Bioscience that will provide both parties the capability to enhance supply and expand sales opportunities of hand sanitizer. With successful rollout of Klen, SinglePoint has been approached by larger retailers to supply bulk products, setting the stage for a JV between the two companies to supply hand sanitizer manufactured to current FDA guidelines. Box, with new sales and inquiries happening daily, has already completed orders with multiple accounts, including segments of Fortune 500 companies around the nation. “We are excited to work with SinglePoint to expand and grow our collective business. We have seen multiple Purchase Orders and we expect an increase over the coming months as many retailers and businesses change protocols around sanitizing,” Box Bioscience Founder Ryan Cowell said in the news release. “This is a true B2B play with nearly all businesses needing hand sanitizer for customers and employee’s protection.”

To view the full press release, visit http://cnw.fm/wcV25

About SinglePoint, Inc.

Founded in 2011 SinglePoint, Inc. invests in and acquires brands and companies that will benefit from injection of growth capital and the sales and marketing expertise of SinglePoint. The company portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multi-national brand. For more information, visit the company’s website at www.SinglePoint.com.

NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://cnw.fm/SING

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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HempNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) Subsidiary’s Hemp-Derived Coffee Product Line Now Available on Amazon.com

Youngevity International (NASDAQ: YGYI), a multi-channel lifestyle company operating in three distinct business segments including a commercial coffee enterprise, commercial hemp enterprise and multi-channel lifestyle company, today announced that its hemp derived coffee brand Javalution is now available for immediate shipping at Amazon.com. The full line of hemp coffee is available for purchase on Amazon in the flavors House BlendDonut Shop BlendFrench Vanilla, and Dark Roast. “We already see the Javalution Hemp Derived K-Cups showing up at the top of the Amazon search engines which has us optimistic about Javalution’s sales potential within this platform,” YGYI president and CFO Dave Briskie stated in the news release. “We are excited for the Amazon customer to experience the flavor profile of Javalution Hemp Derived Coffees.”

To view the full press release, visit http://cnw.fm/Y2kDR

About Youngevity International, Inc.

Youngevity International, Inc. is a multi-channel lifestyle company operating in three distinct business segments including a commercial coffee enterprise, a commercial hemp enterprise, and a multi-vertical omni direct selling enterprise. The company features a multi country selling network and has assembled a virtual Main Street of products and services under one corporate entity. YGYI offers products from the six top selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry, as well as innovative services. For more information, please visit www.YGYI.com.

NOTE TO INVESTORS: The latest news and updates relating to YGYI are available in the company’s newsroom at http://cnw.fm/YGYI

About HempWireNews

HempWireNews (HWN) is a dedicated information provider focused on (1) aggregating hemp-related news, (2) issuing HempNewsBreaks designed to update investors on the latest developments in the hemp market, (3) enhancing corporate news releases, (4) providing full-service distribution and social media offerings to public and private client-partners and (5) designing and implementing all-inclusive corporate communication solutions. HNW is strategically positioned within the rapidly expanding hemp sector with a team of journalists working to help a growing roster of public and private companies reach a wide audience of investors, consumers and members of the media. We leverage a vast network of more than 5,000 key syndication outlets to deliver unparalleled visibility, recognition and content to the hemp industry. HempWireNews (HWN) is where HEMP news, content and information converge.

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CannabisNewsBreaks – Supreme Cannabis Company, Inc.’s (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) 7ACRES Division Launches New Brand Extension

Supreme Cannabis Company’s (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) 7ACRES division today announced that it has launched a new brand extension called 7ACRES Craft Collective. With a focus on high THC and remarkable quality, 7ACRES Craft Collective will launch small batches of craft cannabis that is hand selected by the experts at 7ACRES for individual provinces based on their cannabis preferences. The first strain launched under the new brand extension will be a Pink Kush that is grown and exclusively available in British Columbia. “We are excited to launch 7ACRES Craft Collective as a way to bring new and unique craft cannabis strains to consumers. We’ve identified an opportunity to work with smaller, craft producers to quickly introduce new and exciting cultivars to consumers,” Supreme Cannabis chief revenue officer Joel Toguri stated in the news release. “While we continue to expand our in-house growing capabilities, we have engaged small craft growers who have a passion for the plant to bring their cannabis to market under 7ACRES Craft Collective. We are excited to bring our first offering to British Columbia and introduce 7ACRES Craft Collective to consumers who have a passion for locally grown craft-cannabis.”

To view the full press release, visit http://cnw.fm/T1xCg

About Supreme Cannabis.

The Supreme Cannabis Company, Inc. is a global diversified portfolio of distinct cannabis companies, products and brands. Since 2014, the company has emerged as one of the world’s fastest-growing, premium plant-driven lifestyle companies. Supreme Cannabis’ portfolio of brands caters to diverse consumer experiences, with brands and products that address recreational, wellness, medicinal and new consumer preferences.

The company’s brand portfolio includes, 7ACRESBlisscoTruverraSugarleaf and Khalifa Kush Enterprises Canada. Supreme Cannabis’ brands are backed by a focused suite of world-class operating assets that serve key functions in the value chain, including, scaled cultivation, value-add processing, centralized manufacturing and product testing and R&D. Follow the company on InstagramTwitterFacebookLinkedIn and YouTube. For more information, visit the company’s website at www.Supreme.ca.

NOTE TO INVESTORS: The latest news and updates relating to SPRWF are available in the company’s newsroom athttp://cnw.fm/FIRE

About CanadianCannabisWire

CanadianCannabisWire (CNW) is an information service that provides (1)  access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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CannabisNewsBreaks – Cannabis Global, Inc. (MCTC) Provides Update in Transition Toward Monetization of Market-Leading Intellectual Property

Cannabis Global (OTC: MCTC), a cannabinoid and hemp extract science forward company developing infusion and delivery technologies, today provided an update to current and prospective shareholders as it begins to transition toward monetization of its market-leading intellectual property involving isolation, infusion and bio-enhancement of potent cannabinoids. “This continues to be a transformative period for Cannabis Global as we start to realize a commercial return on our foundation of strong R&D investments,” Cannabis Global CEO Arman Tabatabaei said in the news release. “We strongly believe we have positioned the Company as a market leader in the cannabis, hemp, and CBD products landscape. We have defensible unique IP that is increasingly in demand, as evidenced by our recent licensing deal flow. We anticipate a continued pickup in tangible agreements with downstream partners and distributors.”

To view the full press release, visit http://cnw.fm/4k3LK

About Cannabis Global, Inc.

Cannabis Global, Inc. (MCTC) is a Nevada registered, fully reporting and audited publicly-traded company. With the hemp and cannabis industries moving very quickly and with a growing number of market entrants, Cannabis Global plans to concentrate its efforts on the middle portions of the hemp and cannabis value chain. The Company plans to actively pursue R&D programs and productization for exotic cannabinoid isolation, bioenhancement of cannabinoids and polymeric solid nanoparticles and nanofibers for addition into consumer products and for dermal application. The Company was reorganized during June of 2019 and announced its intent to enter the fast-growing cannabis sector. The Company is headed and managed by a group of highly experienced cannabis industry pioneers and entrepreneurs. More information on the Company can be viewed at www.CannabisGlobalinc.com.

NOTE TO INVESTORS: The latest news and updates relating to MCTC are available in the company’s newsroom at http://cnw.fm/MCTC

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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CannabisNewsBreaks – Champignon Brands Inc. (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496) Chosen as Headline Partner for PSYCH: The Psychedelics Symposium

Champignon Brands (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496), a human optimization sciences company focused on applying novel and natural treatment protocols to address a broad range of disorders and deficiencies with an emphasis on psychedelic medicine, today announced that it has been chosen as the Headline Partner for Prohibition Partners LIVE’s PSYCH: The Psychedelics Symposium (“PSYCH”). The psychedelics virtual conference, scheduled to take place June 22 – 23, 2020, will highlight the most recent developments in the psychedelic industry, hear from world-renowned speakers and engage with a network of industry-leading professionals. “The impact of COVID-19 has put greater emphasis on the importance of mental health. Consumers are looking for options to improve their mental health and, as the body of evidence mounts for psychedelics, the healthcare industry is responding with solutions. We’re delighted to partner with Champignon Brands on PSYCH and support their vision of improving mental health via psychedelics,” Prohibition Partners Managing Director Stephen Murphy stated in the news release.

To view the full press release, visit http://cnw.fm/diOU8

About Champignon Brands Inc.

Champignon Brands Inc. is a research-driven company specializing in the formulation of a suite of medicinal mushrooms health products, as well as novel ketamine, anaesthetics and adaptogenic delivery platforms for the nutritional, wellness and alternative medicine industries. Via its vertically integrated alternative medicine product range, Champignon is pursuing the development and commercialization of rapid onset treatments capable of improving health outcomes, such as depression and post-traumatic stress disorder (“PTSD”), as well as substance and alcohol use disorders. Under a collaborative research agreement with the University of Miami’s Miller School of Medicine, the Company is conducting pre-clinical studies and eventual human clinical trials, with the objective of demonstrating safety and efficacy of the combination of psilocybin and cannabidiol in treating mTBI with PTSD or stand-alone PTSD. Champignon continues to be inspired by sustainability, as its medicinal mushroom-infused SKUs are organic, non-GMO and vegan certified. For more information, visit the company’s website at www.Champignonbrands.com.

NOTE TO INVESTORS: The latest news and updates relating to SHRM are available in the company’s newsroom at http://cnw.fm/SHRM

About CanadianCannabisWire

CanadianCannabisWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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CannabisNewsBreaks – Marijuana Company of America, Inc. (MCOA) Issues Shareholder Letter with Status Update During COVID-19

Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, today issued a letter to shareholders from its CEO, Jesus Quintero, that provided a status update on MCOA during the COVID-19 pandemic. The update covers steps Quintero has taken to steer MCOA to success and profitability, with a focus in recent months on streamlining the company’s organizational structure to minimize operational costs and continue to strengthen its sales. “Our primary sales strategy capitalizes our Network Marketing program, which has been operating successfully over these past three years with growth and success,” Quintero stated in the letter. “My vision is to introduce a wholesale business model that will complement our Network Marketing program. This will give us the opportunity to increase our sales significantly over the next 2 to 3 years.”

To view the full press release, visit http://cnw.fm/wW8FN

About Marijuana Company of America Inc.

MCOA is a corporation that participates in: (1) product research and development of legal hemp-based consumer products under the brand name hempSMART(TM), which targets general health and well-being; (2) an affiliate marketing and retail sales program to promote and sell its legal hemp-based consumer products containing CBD; (3) joint ventures and acquisitions of business entities engaged in the growth and sale of hemp and cannabis products in jurisdictions where cultivation is legal; and (4) the expansion of its business into ancillary areas as market opportunities in this segment mature and develop. For more information, visit www.MarijuanaCompanyofAmerica.com.

NOTE TO INVESTORS: The latest news and updates relating to MCOA are available in the company’s newsroom at http://cnw.fm/MCOA

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