QualityStocksNewsBreaks – Marijuana Company of America Inc. (MCOA) Shares Rise Following Joint Venture Update
Marijuana Company of America (OTC: MCOA) shares rise more than 7% Thursday afternoon following an update issued earlier in the week regarding the company’s CBD hemp farming joint venture with Global Hemp Group (CSE: GHG) (OTC: GBHPF) in New Brunswick, Canada. The update included details on the current work taking place at the facility to prepare for the installation of drying equipment. Installation of the biomass dryer, capable of processing 125 acres of flowers and leaves from the 2018 cultivation, is anticipated by the end of August. In addition, the company announced that the Bathurst facility could potentially serve as…
