Marijuana Company of America Inc. (OTC: MCOA) has completed phase one construction of its Okanogan County, Washington greenhouse facilities in time for the 2018 planting season. An article discussing the venture reads: “The joint venture will lease the turnkey property to a third-party licensed tenant, thus acting solely as a landlord. The tenant will be able to take occupation of the property and begin cultivation once the inspection is approved. As a turnkey landlord, BV-MCOA aims to provide an ideal cultivation environment for its future tenants. The company anticipates completion of greenhouse facilities for its entire 30,000 square foot cultivation facility by the beginning of Q3 2018. On completion, the facility will have a total capacity of approximately 4,000 plants.”
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About Marijuana Company of America, Inc.
MCOA is a corporation which participates in: (1) product research and development of legal hemp-based consumer products 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. For more information, visit the company’s website at www.MarijuanaCompanyofAmerica.com.
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