ESCONDIDO, Calif. – MARIJUANA Enterprise OF AMERICA INC. (“MCOA” or the “Company”) (OTCQB: MCOA), an revolutionary hemp and cannabis corporation, these days announced that the Company’s manufacturing and distribution facility for its Viva Buds cannabis delivery service is anticipated to be completed and totally functional by August 2019.
MCOA announced in April that it had acquired a 20% ownership interest in Organic Plant Extract of California (“NPE”) to establish a joint venture to produce Viva Buds Inc., a exceptional cannabis delivery service primarily based in Los Angeles, California.
“We are generating tremendous progress by means of our partnership with NPE and the rollout of our licensed cannabis manufacturing facility,” mentioned Mr. Edward Manolos, Board Member of MCOA. “Our commitment to compliance will place Viva Buds ahead of the competitors in California at a time when numerous license holders are nevertheless awaiting permits. Such permits are challenging to attain for suppliers at the moment utilizing volatile extraction methodologies, due to stringent regulations on California’s Manufactured Cannabis Security.”
“Our joint venture partnership with NPE will let us to come to be a lot more competitive inside the burgeoning cannabis sector in Southern California,” mentioned Mr. Don Steinberg, CEO of MCOA. “Once completed and launched, Viva Buds will offer you shoppers a line of higher-high-quality items at low rates along with the capability to create their personal individual cannabis small business.”
The Lynwood, California manufacturing facility is licensed for the volatile manufacturing, distribution and retail delivery of cannabis items. NPE’s volatile manufacturing course of action is an effective and expense-productive extraction course of action that will aid distinguish NPE from other folks that use extraction.
About Marijuana Enterprise of America, Inc.
MCOA is a corporation that participates in: (1) solution investigation and improvement of legal hemp-primarily based customer items beneath the brand name “hempSMART™️”, that targets basic overall health and effectively-getting (two) an affiliate marketing and advertising system to market and sell its legal hemp-primarily based customer items containing CBD (three) leasing of actual home to separate small business entities engaged in the development and sale of cannabis in these states and jurisdictions exactly where cannabis has been legalized and correctly regulated for medicinal and recreational use and, (four) the expansion of its small business into ancillary regions of the legalized cannabis and hemp sector, as the legalized markets and possibilities in this segment mature and create.
About Organic Plant Extracts of California
NPE is a totally licensed cannabis manufacturing, distribution and non-retailer front retail delivery. The Enterprise has secured its licenses with the state of California and city of Lynwood, CA. For a lot more info about the Enterprise, please pay a visit to its site at https://nldistribution.com