Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, today announced that its wholly owned subsidiary, hempSMART Inc., has entered a definitive sales agreement to purchase ultra-clean label CBD beverage products from MCTC Holdings Inc. (OTC: MCTC). Science and technology innovation company MCTC is focused on developing patented hemp extract infusion technologies and the sustained release of cannabinoids in the human body. According to the update, the new hempSMART(TM) branded products will be unique to the marketplace, and, during the initial stage, MCOA will offer a line of powdered drink mixes containing broad-spectrum hemp extracts with over 35 milligrams of CBD derived from all-natural extraction processes. Other powdered and pre-mixed beverages will be included in future offerings. “We are quite excited to unveil our new, ultra-clean label product line of CBD-infused powdered drink mix,” hempSMART Chief Operating Officer Trevor Muehlfelder said in the news release. “The products are based on a unique dual-hemp extract infusion process that’s unlike most products and have no artificial ingredients or chemicals. Our new product line is based on organic ingredients, including organic inulin from vegetables and trace amounts of organic coconut and sunflower oils, combined with a touch of CBD-infused honey produced at organic farms. This will truly be a unique, clean label product offering. We believe our new powdered drink line will revolutionize the beverage marketplace in the new 20’s the same way Coca Cola did in the 1920’s.”
To view the full press release, visit http://cnw.fm/Q38x3
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 the company’s website at 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
CBDWire (CBDW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CBDNewsBreaks 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, CBDW 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. CBDW 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, CBDW brings its clients unparalleled visibility, recognition and brand awareness. CBDW is where news, content and information converge.
To receive instant SMS alerts, text CBDWire to 21000 (U.S. Mobile Phones Only)
For more information please visit https://www.cbdwire.com
Do you have a questions or are you interested in working with CBDW? Ask our Editor
CBDWire is part of the InvestorBrandNetwork.