Marijuana Company of America, Inc. (OTC Pink: MCOA) is engaged in the marketing and distribution of marijuana-based products. Shares of the marijuana company are rallying 49%, through morning trading on Tuesday, October 4, 2016. Over the past three months, Marijuana Company of America, Inc. has seen average daily volume of around 3 million shares. However, nearly 25.5 million shares or dollar volume of $255,000, has already exchanged hands through Tuesday morning.
Shares of the Marijuana Company of America, Inc. are rallying Tuesday, after management announced a new marijuana-based product is currently in pre-launch. The new product, called HempSMART Brain, will be a CBD-based product that is designed to help support brain function. Management hopes that the new CBD product, which does not create the THC “high,” will be able to assist with the growing problem of neurodegenerative diseases. Here is the complete press release detailing of the HempSMART Brain product:
Marijuana Company of America, Inc. Press Release:
BONSALL, CA–(Marketwired – Oct 4, 2016) – MARIJUANA COMPANY OF AMERICA, Inc. ( OTC PINK : MCOA ) –
- Cutting Edge Research and Premium Botanical Ingredients
- Company Expects To Ship Orders in October
MARIJUANA COMPANY OF AMERICA, Inc. (“MCOA” or the “Company”) ( OTC PINK : MCOA ), an innovative cannabis and hemp marketing and distribution company, is pleased to announce the prelaunch of the hempSMART Brain product has commenced.
“We are very excited to announce the hempSMART Brain prelaunch as we prepare to begin shipping orders in the coming weeks. A lot of time and energy went into developing this product and we are looking forward to getting it into the hands of our customers,” said CEO, Donald Steinberg.
hempSMART Brain was developed to address the increase in neurologic and neurodegenerative challenges that have prompted a surge in scientific research on prevention and/or reversal of brain and nervous system pathology. A variety of natural products have been shown, in clinical trials, to improve neurological and cognitive function and there has been a surge of products being marketed to improve brain function. While the efficacy of some of these blends has been impressive, many utilize trace amounts of therapeutic ingredients, inadequate for any clinical effect.
Advantages Of HempSMART Brain Over Competing Brain Function Products
HempSMART Brain is unique in that it utilizes a synergistic blend of natural neuroprotective and neuroregenerative compounds, all in clinically researched and verified therapeutic amounts. The Core Ingredients for this product are CBD, Astaxanthin, Phosphoryl Choline and Phosphatidyl Serine. Together, these ingredients promote and support brain function and neurogenesis. Additional natural compounds compliment the synergistic effects of the core ingredients.
HempSMART exemplifies the practical application of cutting edge research and premium botanical ingredients, in therapeutic amounts. HempSMART Brain is the first of its kind. The synergistic blend of clinically verified natural brain support, with water soluble CBD, crosses the blood-brain barrier and offers brain support and protection not previously available in the marketplace.
Sales and Marketing Efforts Anticipate Pre-Orders Within Weeks
The hempSMART prelaunch website: www.hempSMART.com is now active and accessible by the Company’s members. Direct Sales leaders have been invited to join our prelaunch and begin referring others. This prelaunch will provide an indication of initial demand as orders are booked in the coming weeks, enabling management to adjust the manufacturing pipeline accordingly. The hempSMART Brain product is currently in production and is expected to ship in October 2016.
Investors are invited to visit the MCOA IR Hub on Agoracom to post questions and receive answers, or review questions and answers already posted by fellow investors. In addition, the MCOA IR HUB provides a monitored forum for investors and prospective shareholders to communicate within a clean, professional environment.
On behalf of the Board of Directors,
President & CEO
About Marijuana Company of America, Inc.
Marijuana Company of America, Inc. (“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.