Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) today announced that its wholly-owned subsidiary, hempSMART(TM), Inc., has entered into a CBD beverage product supply agreement with MCTC Holdings, Inc. (OTC: MCTCD) (OTC: MCTC). Under the agreement, hempSMART(TM) will market MCTC’s powdered drink mixes and other CBD edibles online and via hempSMART’s network marketing partners. The products, branded under Hemp You Can Feel(TM), will be based on the MCTC’s patent-pending cannabinoid infusion technologies that offer high bioavailability of cannabinoids. “Over the past few quarters we have gained traction with our products here in the U.S. and in our new European markets,” hempSMART(TM) COO Trevor Muehlfelder said in the news release. “These new products, which are based on unique and highly bioactive infusion technologies, fit well within our product line. We are looking forward to rolling out these products across our marketing channels.”
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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 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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