Marijuana Organization of America and Cannabis Global in Joint Shareholder Letter Addressing …

ESCONDIDO, Calif., Dec. 03, 2020 (World NEWSWIRE) — Marijuana Company OF The us INC. (“MCOA” or the “Company”) (OTC: MCOA), an progressive hemp and hashish corporation, these days announced a joint letter to shareholders of the Firm and its the latest share exchange lover Hashish World, Inc.

Pricey Shareholders of Cannabis Corporation of The usa and Hashish Worldwide:

As we have reviewed with a lot of of you, Cannabis Firm of America, Inc. (OTC:MCOA) and Hashish World wide, Inc. (OTC:CBGL) lately entered into an arrangement where every turned the premier shareholder of the other. As a result, CBGL owns 650 million shares of MCOA and MCOA owns just in excess of 7.2 million shares of CBGL. The Organizations engaged in this transaction to promote the expanding frequent passions and collaborations involving these two revolutionary hashish and CBD operations.

The two organizations have just lately increased their programs to improve shareholder value. MCOA is aggressively overhauling its internet marketing strategy, quickly expanding its product or service line’s geographic reach, and revamping its funds and personal debt structures. The two corporations have agreed to collaborate in many locations, which include growing product or service offerings in Europe and Latin America and acquiring Hashish Global’s Job Varin designed to find out and market place new solutions to infuse hemp extracts and hashish into food stuff, drinks, and other customer products and solutions.

Both firms have huge strategies for 2021. We are thrilled you have chosen to sign up for in our journey to greatly enhance shareholder worth as the hemp and hashish industries move into 2021. Future year will probable be an additional yr of sturdy progress for current market contributors and the sector’s investors.

Listed here is a summary of our strategies by way of the conclude of 2020 and into 2021:

Marijuana Corporation of America (OTC:MCOA):

Through 2021, investors ought to expect the Corporation to proceed to revitalize and expand its advertising efforts relative to the revolutionary hempSMART item line, with a sturdy emphasis on additional maximizing our now strong products excellent between shoppers.

MCOA has taken major strides to deal with convertible personal debt amounts, obtaining cycled by means of nearly 50 {ceedb287d77e8cde5bf2878339831566d6a2b6f7559fed38ec8bb489262cb257} of our legacy credit card debt. Although there is still far more do the job to do in this area, we are fully commited to continuing the changeover from credit card debt financing to equity financing, which is far a lot less dilutive for all stakeholders in the Firm. Our lately successful S-1 filing with the U.S. Securities & Exchange Fee is a massive phase in the correct course.

Hashish World wide (OTC:CBGL):

Nationwide Industry Aim: Hashish World-wide is on the transfer relative to item innovation. The emphasis shifting ahead for the Firm will be to concentrate on what will probably be the new Countrywide cannabis marketplace as the incoming Biden/Harris administration moves towards nationwide hashish legalization.

National Market for Secure Cannabis Transportation: CBGL has acquired Ethos Technological know-how, LLC and its proprietary ultra-safe hashish transportation procedure. Even though the California market alone is very likely substantial more than enough to guidance a strong market for this ground breaking products line, CBGL is also eyeing the possible upcoming current market for interstate transportation of hashish and the many monitoring, protection, and administrative problems the sector growth will current.

Hemp You Can Feel™ Solution Line: The Hemp You Can Feel™ merchandise line is dependent on one particular of the most modern hemp infusion technologies in the marketplace – a special course of action exactly where honey bees are provided cannabinoids which the bees use to make a distinctive non-infused, drinking water-soluble compound, which is utilized to infuse non-alcoholic cocktail mixers, coffee products and solutions and the exclusive line of organic and natural and synthetic sweeteners. Product sales of these strains are being pushed by the third get together platforms, such as Amazon, which has recognized a number of shipments in rising measurement. The technological innovation husband or wife for this modern line is Phyto Pharma, LTD of Israel.

National Industry for Infusion Technologies – Project Varin: CBGL has designed fantastic strides on the intellectual property front, with four provisional and a single non-provisional patent submitting on new techniques to infuse cannabinoids into meals, beverages, and purchaser goods. CBGL has not too long ago concluded item progress on what is believed to be the industry’s initially food stuff-grade cannabinoid nano formations created to rewrite the cost and performance equation for the coming nationwide cannabinoid infusion market. Hashish World-wide expects to soon get started asserting a sequence of new products and solutions based on this modern system with supplemental non-provisional patent filings predicted more than the coming months.

Though this is only a short summary of exactly where each individual Enterprise is shifting, rest confident each Organizations have set up solid programs to preserve our traders informed. Buyers in MCOA and CBGL can anticipate strong news flow more than the coming months, as these techniques shift forward.

We persuade you to get to out to us to allow us how we are doing or to categorical any worries you have. Our administration teams search ahead to hearing from you.

About Marijuana Organization of The usa, Inc.
MCOA is a corporation that participates in: (1) item investigation and advancement of lawful hemp-primarily based customer products and solutions less than the brand name identify “hempSMART™”, that targets typical health and fitness and well-staying (2) an affiliate promoting plan to endorse and provide its legal hemp-based shopper products and solutions made up of CBD (3) leasing of serious assets to different business entities engaged in the advancement and sale of cannabis in those people states and jurisdictions in which cannabis has been legalized and appropriately controlled for medicinal and recreational use and, (4) the expansion of its enterprise into ancillary spots of the legalized cannabis and hemp field, as the legalized markets and opportunities in this phase experienced and acquire.

About Our hempSMART Items Containing CBD
The United States Food and Drug Administration (Fda) has not recognized CBD as a safe and productive drug for any indicator. Our merchandise that contains CBD derived from industrial hemp are not promoted or marketed centered upon claims that their use is safe and helpful treatment method for any healthcare ailment as medicine or dietary supplements topic to the FDA’s jurisdiction.

Ahead Seeking Statements
This news release has “forward-hunting statements” which are not purely historic and may possibly include any statements relating to beliefs, designs, expectations or intentions concerning the long term. These types of ahead-searching statements incorporate, among the other items, the enhancement, costs and outcomes of new company chances and terms these types of as “anticipate”, “seek”, intend”, “believe”, “estimate”, “expect”, “project”, “plan”, or equivalent phrases may perhaps be considered “forward-seeking statements” inside of the this means of the Non-public Securities Litigation Reform Act of 1995. Real final results could vary from all those projected in any forward-looking statements because of to several factors. This kind of factors contain, amongst others, the inherent uncertainties linked with new initiatives, the future U.S. and worldwide economies, the effect of competitors, and the Company’s reliance on existing regulations with regards to the use and growth of cannabis-centered merchandise. These forward-looking statements are created as of the date of this information launch, and we think no obligation to update the ahead-on the lookout statements, or to update the good reasons why true results could differ from these projected in the ahead-looking statements. Whilst we believe that any beliefs, designs, expectations and intentions contained in this push release are acceptable, there can be no assurance that any this sort of beliefs, programs, anticipations or intentions will prove to be correct. Traders must check with all of the information and facts established forth herein and really should also refer to the possibility factors disclosure outlined in our annual report on Kind 10-K, our quarterly reviews on Sort 10-Q and other periodic studies filed from time-to-time with the Securities and Exchange Fee. For extra facts, please visit www.sec.gov.

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