Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, this morning announced the appointment of Mr. Edward Manolos as an independent director. Manolos graduated from the University of California, Riverside, with a double major in computer science and business management and has been a member of the company’s Strategic Advisory Board since 2016. As a recognized pioneer in the medical marijuana industry, Manolos opened the first medical marijuana dispensary in Los Angeles County in 2004 and has founded several successful companies associated with the manufacture, distribution and retail sale of cannabis. “Appointing Edward, a seasoned veteran of the cannabis industry, to our Board of Directors strategically positions us to launch our cannabis division. His expertise in obtaining cannabis licenses, cannabis cultivation, and the distribution of finished products is crucial to the development of our new subsidiary, Viva Buds, and any future projects involved in this evolving industry,” Marijuana Company of America CEO Donald Steinberg stated in the news release.
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About Marijuana Company of America Inc.
MCOA participates in: (1) product research and development of legal hemp-based consumer products under the brand name hempSMART, which 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 the company’s website at www.MarijuanaCompanyofAmerica.com.
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