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PHOENIX, May 14, 2019 (GLOBE NEWSWIRE) -- Uptick Newswire Stock Day Podcast welcomed Marijuana Company of America, Inc. (MCOA)(“the Company”), a Company that specializes in the development of hemp-based products, as well as the expansion of its business into the growing hemp and cannabis market segments. Director, Robert Coale, joined Stock Day host Everett Jolly.
Jolly began the interview by asking Coale how the Company stands out among others in the industry. Coale explained that the Company is an innovative hemp and cannabis acquisition corporation. As the CBD market continues to grow, the Company has strategically continued to expand their business in different areas. This expansion includes two recent joint ventures which have positioned the Company to facilitate a longer growth season compared to its previous season. However, the Company’s expansion has much broader plans.
Jolly then asked about the reception of the Company’s hempSMART product line in regards to international and domestic sales. Coale shared that the hempSMART line is quite extensive with a variety of products for numerous uses. So far, the products have been received exceptionally well.
Coale also shared that the Company recently acquired Natural Plant Extract of California, which will be utilized as a platform into the marijuana industry and will aid in the distribution and manufacturing of their cannabis products into California.
Jolly then asked Coale to share the Company’s plans in terms of revenue growth. Coale explained that the expansion into Europe is a major short-term component of the Company’s revenue growth, meanwhile they will also continue to further develop their hemp product lines and seek out beneficial acquisitions.
“We’re a very exciting company. We have a lot of exciting projects coming online this year,” stated Coale. He closed the interview by stating that he expects the Company’s current projects to become profitable and shared his excitement for its expansion.
To hear Robert Coale’s entire interview, follow the link to the podcast here: https://upticknewswire.com/featured-interview-robert-coale-of-marijuana-company-of-america-inc-otcqb-mcoa/
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™,” 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.
About Our hempSMART Products Containing CBD
The United States Food and Drug Administration (FDA) has not recognized CBD as a safe and effective drug for any indication. Our products containing CBD derived from industrial hemp are not marketed or sold based upon claims that their use is safe and effective treatment for any medical condition as drugs or dietary supplements subject to the FDA’s jurisdiction.
This news release contains “forward-looking statements” that are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as “anticipate,” “seek,” “intend,” “believe,” “estimate,” “expect,” “project,” “plan” or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of cannabis-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-12G, our quarterly reports on Form 10-Q and other periodic reports filed from time to time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.
Corporate Communications Contact:
New York, New York
For more information, please visit the Company’s websites at:
About Uptick Newswire and the “Stock Day” Podcast
Founded in 2013, Uptick Newswire is the fastest growing media outlet for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Uptick provides companies with customized solutions to their news distribution in both national and international media outlets. Uptick is the sole producer of its “Stock Day” Podcast, which is the number one radio show of its kind in America. The Uptick Network “Stock Day” Podcast is an extension of Uptick Newswire, which recently launched its Video Interview Studio located in Phoenix, Arizona.