NetworkNewsBreaks – Marijuana Company of America, Inc. (MCOA) JV Completes Setup of 10,000 sq. ft. Greenhouse Space

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) this morning announced the completion of the setup of 10,000 sq. ft. of greenhouse space in its Washington-based joint venture (“JV”) with Bougainville Ventures, Inc. Pending the completion of an anticipated inspection this week, the tenant grower will be able to commence cultivation in the greenhouse space. The setup marks the first 10,000 of an intended 30,000 square foot facility with the capacity to hold approximately 4,000 plants. “As landlords we are looking forward to providing a turnkey property to the first of hopefully many licensed tenants in Washington. Providing a turnkey facility for tenant growers is an ideal cultivation environment for tenants with minimal start-up capital and consistent rental income for MCOA,” MCOA CEO Donald Steinberg stated in the news release.

To view the full press release, visit http://nnw.fm/Odm2t

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. For more information, visit the company’s website at www.MarijuanaCompanyofAmerica.com.

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About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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