BONSALL, CA--(Marketwired - Aug 25, 2016) - MARIJUANA COMPANY OF AMERICA ("MCOA" or the "Company") (OTC PINK: MCOA)
- First HempSmart branded CBD based product called "HempSmart BRAIN," has entered the manufacturing process;
- Formulated to promote brain health;
- Combines nootropic benefits with the additional benefits offered by CBD;
- Shipments expected by September 30, 2016.
MARIJUANA COMPANY OF AMERICA ("MCOA" or the "Company") (OTC PINK: MCOA), an innovative cannabis and hemp marketing and distribution company, and its subsidiary (H Smart, Inc.) are pleased to announce the launch of the HempSmart brand and line of products. The first HempSmart branded CBD based product called "HempSmart BRAIN," formulated to promote brain health, has entered the manufacturing process and is expected to ship by September 30, 2016.
This is a "first-of-a-kind, patent pending" new product that combines nootropic benefits with the additional cognitive enhancing benefits offered by CBD. Our team has developed a unique proprietary product with a water-soluble CBD base to enhance bioavailability that includes supporting ingredients that are proven cognitive enhancers.
With the expected release of the HempSmart BRAIN product next month, our marketing team is gearing up for an upcoming pre-launch. This pre-launch will enable management to access demand prior to the actual ship date and adjust the manufacturing pipeline accordingly.
"Over the years, I have successfully launched several new products into the marketplace. I feel this product line will absolutely surpass any product rollout I have done before. With the team we have in place, I am confident in a strong U.S. rollout, followed up by a global outreach," said Mr. Steinberg, MCOA President.
The Company will initiate the pre-launch program approximately two weeks prior to the expected ship date of HempSmart's BRAIN product. The HempSmart Division will utilize the growing Direct Sales industry as the method of product education and sales to consumers. Active participants in the direct sales program at HempSmart will be able to participate in a competitive, transparent and potentially lucrative compensation package in which members are rewarded for their sales and team's performance.
"After more than 30 years in the Health and Wellness Industry, I can attest that these ultra-pure, all natural products will forever change the paradigm of nutritional supplementation. Backed by solid science, HempSmart technology harnesses the powerful synergy of premium bioavailable ingredients. Pairing the compelling benefits of legal organic hemp with other scientifically validated organic & highly bioavailable botanicals raises the bar in the nutritional supplement world," said Paula Vetter, a seasoned and highly respected Certified Herbalist that serves as Chair of MCOA's Medical Advisory Board.
Regarding the new product launch, Justin Davis, M.D., a member of the Company's Medical Advisory Board stated, "As a physician and an athlete, I believe strongly in the optimization of mind and body. The HempSmart BRAIN product has the some of the most potent and beneficial ingredients to be found in a single formulation, and is my personal choice in my quest to protect and promote my own neural function."
On behalf of the Board of Directors,
President & CEO
About Marijuana Company of America, Inc.
Marijuana Company of America ("MCOA") is a publicly traded company headquartered in Southern California. MCOA will distribute marijuana and products related to marijuana as well as CBD and hemp, using a variety of marketing approaches to distribute on a global basis.
The HempSmart brand represents MCOA's non-THC, hemp derived, product line. All HempSmart products are formulated with a cannabinoid base that is derived from hemp and has less than a .3% THC content.
About Club Harmoneous
Club Harmoneous (The Club) delivers all of the benefits of cannabis to its members harmoneously. The Club provides a wide range of cannabis products to its members, medicinal, adult use or healthy foods, body care and cosmetics. The Club products are top quality and offered to members at competitive prices with the convenience of home delivery.
Through MCOA's Managed Services, the Company offers Marketing Services designed to increase membership. This is done through an affiliate referral program where members refer new member patients and earn discounts and income from their referrals. The Club Harmoneous Network Affiliate Program breaks down all of the barriers to entry and opens up the industry to individuals who might not find opportunity elsewhere. The Club provides training and a platform for those seeking an opportunity to build their own home based cannabis business. For more information go to: www.Harmoneous.com.
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Marijuana Company of America, Inc. to be materially different from the statements made herein.
Marijuana Company of America, Inc. will provide management services that assist legal businesses to cultivate, sell, and distribute hemp and marijuana based products within the legal guidelines of individual states and international markets.