BONSALL, CA--(NewMediaWire - Oct 18, 2016) -
- hempSMART Brain product release imminent
Offers brain support and protection
Product is first-of-its-kind
Fulfillment center prepared to manage distribution of
orders
Members signing up for PreLaunch
MARIJUANA COMPANY OF AMERICA INC., ("MCOA" or the "Company")
(OTC PINK: MCOA), an innovative cannabis and hemp
marketing and distribution company, is providing this update to
keep our shareholders and prospective investors informed.
Our first product, hempSMART BRAIN, formulated with CBD or
Cannabidiol as the core ingredient combined with high quality,
clinically proven, branded ingredients to compliment the CBD to
support brain health. There are new articles published daily
regarding the benefits of CBD, hempSMART BRAIN was formulated to
meet the growing demand for cannabinoid based neutraceutical
products that assist in brain function.
The hempSMART Brain product is scheduled for release by the end
of October. It was expected to ship by the second week of October,
but delays in receiving key ingredients from suppliers has pushed
back the ship date by approximately two weeks. Our fulfillment
center is ready to manage distribution of orders and they are
working very closely with hempSMART's manufacturer, which will
result in significant efficiencies of scale.
hempSMART Brain is a first-of-its-kind product. The synergistic
blend of clinically verified natural brain support ingredients,
blended with water soluble CBD, enables crossing of the blood-brain
barrier to provide optimal brain support and protection.
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.
Marketing leaders are currently preparing for the Brain product
roll-out. The hempSMART prelaunch website: hempSMART.com is now active and accessible
to the Company's members.
According to the Direct Selling Association, in 2015 over 20
million people in the U.S. were involved in direct selling, with
total sales of $36.1 billion. More than 74 percent of the American
public has purchased goods or services through direct selling.
Worldwide sales are also strong with more than $154 billion in
sales. This marketing and distribution method is incredibly
effective at creating solid sales and loyal members, as well as
brand awareness in the marketplace because the sales "force" are
people that passionately believe in the company, product and the
difference it can make in people's lives. The energy they can
invest into the education of potential customers is far more than
any other sales model.
Another key driver in the affiliate marketing industry is
compensation or commission that is based on performance. Affiliate
leaders earn rewards and compensation for developing training
systems for their personal sales "teams" within hempSMART. Based on
this win-win business model, companies can grow rapidly due to the
success of the customer, the affiliate and the entire direct sales
process.
Over the years, thousands of affiliate marketing teams have been
established to promote new products for launch. Our affiliate
marketing leaders are well established, long-term professionals.
They are testing the system as well as preparing their marketing
organizations for the Brain product launch. The Company has a
robust affiliate marketing program that is integrated into
the hempSMART.com full website which was
designed and developed by ApogeeINVENT. This user-friendly platform
will help our affiliates track their commissions and provide
resources, and helpful information for marketing the Company's
products.
"We have received significant interest in this product and we
are looking forward to updating the financial markets and our
shareholders as the product release takes place," said CEO, Donald
Steinberg.
The Club Harmoneous pilot program has been extended due to
regulatory challenges under the current non-profit regulatory model
in California. The Company will continue to work through these
challenges to develop a unique operating model that can operate
under the current regulatory framework as well as the upcoming
licensing and regulatory structure proposed by the Medical
Marijuana Regulation and Safety Act (MMRSA). The Company is also
prepared for the passing of Prop 64 in November for the adult use
of marijuana in California. The Company continues to work closely
with Green Dot Collective in Los Angeles County to overcome some of
the regulatory challenges and changes in California. Upon
satisfactory completion of the Southern California pilot program,
the Company will begin expansion to Northern California and other
legal adult use and medical marijuana states.
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,
"Donald Steinberg"
Donald Steinberg
President & CEO
888-777-4362
MarijuanaCompanyofAmerica.com
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.
About hempSMART
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.
FORWARD-LOOKING DISCLAIMER
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.
LEGAL DISCLOSURE
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.
hempSMART products are derived from Hemp and contain than
a .3% THC content.
For more information, please visit the Company's websites at:
MarijuanaCompanyofAmerica.com
hempSMART.com
Harmoneous.com
agoracom.com/ir/MarijuanaCompanyofAmerica