Marijuana Company of America Inc. (OTCQB: MCOA) an innovative hemp and cannabis corporation, is pleased to announce that its wholly owned subsidiary hempSMART™, Ltd. has successfully completed the first month of signups for its UK prelaunch.
The Company’s UK division has implemented a regional office, customer service team and a distribution center that has been established by personnel with several years of experience in the network marketing sector.
On March 9th the Company will celebrate the opening of hempSMART UK with a launch event in London. This event is expected to be sold out, as a large number of Associates have already purchased tickets. We have several international speakers attending and associates travelling from all over the UK.
Full field marketing and training has already commenced for the launch that is expected in early March. The hempSMART team has already taken the appropriate measures to manufacture adequate inventory to meet the expected demand for products during the launch. MCOA anticipates that the launch event in the UK will be a starting point for the Company’s plan to sell its products in additional countries on the European continent.
Ian Harvey, hempSMART’s Global Sales Director, said, “We have invested in a support infrastructure that will give our associates a fantastic platform to build on, one that supports growth on both a personal and business level. We are delighted to report that we have over 900 people pre-registered and as we get nearer to the full launch in March, recruitment has exploded and it is expected that this number will more than double!”
MCOA CEO, Donald Steinberg, stated, “As legislation continues to evolve and the demand for hemp derived CBD products grows internationally, we will continue to launch our hempSMART associate marketing model and products to additional countries across the world.”
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.
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.
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