Marijuana Company of America (OTC: MCOA), an innovative hemp and cannabis corporation, has appointed a special advisor to the company’s hempSMART(TM) South American division. According to the announcement, Marco Guerrero, has left his position on the board of directors in order to serve as a nonexecutive advisor to Hempsmart Global Inc., the parent company of MCOA’s Latin American hempSMART joint venture and a wholly owned MCOA subsidiary. In his new role, Guerrero will focus on penetrating the Brazilian market. MCOA’s Latin American hempSMART joint venture is designed to serve medical users in Brazil, enabling them to purchase hemp-derived CBD hempSMART products by prescription from Brazilian doctors. “Our joint venture in Brazil is building a solid base for our sales of hempSMART product line in Brazil and other significant South American markets, and is a major strategic partnership for MCOA,” said MCOA CEO and CFO Jesus M. Quintero in the press release. “Brazil, with a sales potential of hundreds of millions of consumers, is central to our vision for expansion. While the US CBD market has matured and is saturated with brands, we believe there is an early market entrant advantage for us entering the market with our established hempSMART brand. Marco Guerrero is building out our South American framework and adding him as a special advisor to that MCOA division further aligns our focus on increasing sales in the region. We are focused on the opportunity for significant market penetration in the expanding Brazilian CBD market.”
To view the full press release, visit https://ibn.fm/PPpzf
About Marijuana Company of America Inc.
Marijuana Company of America 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) 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 www.MarijuanaCompanyofAmerica.com.
NOTE TO INVESTORS: The latest news and updates relating to MCOA are available in the company’s newsroom at http://ibn.fm/MCOA
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.
As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.
For more information, please visit https://www.InvestorWire.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer
InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
Editor@InvestorWire.com
InvestorWire is part of the InvestorBrandNetwork.
