PALM BEACH, Florida, November 6, 2018 /PRNewswire/ --
Financialnewsmedia.com News Commentary
CBD has long been a consistent performer of the overall cannabis market as industry leaders have enjoyed the flexibility of loopholes surrounding legalities, as well as a rising consumer sentiment toward alternative health options. CBD-infused products have allowed companies to expand into a variety of industries and continue to generate higher and higher revenues. The hemp-derived CBD market is projected to top $590 million in revenue, according to the Brightfield Group. The industry will continue growing as it matures, and is also expected to receive a boost if legislation removes CBD as a controlled substance in the near future. Active Companies from around the market with current developments this week include: Marijuana Company of America, Inc. (OTC:MCOA), MariMed Inc. (OTC:MRMD), HEMP Inc. (OTC:HEMP), Terra Tech Corp. (OTC:TRTC), Aphria Inc. (NYSE:APHA) (TSX:APHA).
Marijuana Company of America, Inc. (OTCPK:MCOA) BREAKING NEWS: Marijuana Company of America, an innovative hemp and cannabis corporation, is pleased to announce that its wholly owned subsidiary hempSMART™ is launching a direct response television ad campaign in a strategic partnership with asseenontv.pro (ASONTV).
In early November 2018, ASONTV and hempSMART will release a television commercial campaign promoting the Company's hempSMART Full Spectrum Pet Drops, formulated with 250mg of non-psychoactive hemp derived Cannabidiol (CBD) oil, on major cable networks in select regions across the United States. The 60 second TV ad campaign will run for 6 weeks from its starting date with a total of 300 different featured advertisement spots.
The ad campaign will promote hempSMART's Pet Drops as an all-natural alternative for pet owners to traditional products in the market place. The Company anticipates that the increased attention gained from the commercial ad campaign could drive more customers to the other products featured under the hempSMART CBD product brand.
Donald Steinberg, "As our hempSMART brand continues to grow, MCOA will continue to search for and utilize new partnerships that will uniquely market our incredible collection of all-natural CBD product formulations. We feel that our strategic partnership with ASONTV is an important milestone for the Company that will help promote our hempSMART Pet Drops to consumers across the country." Read this and more news for MCOA at: http://www.financialnewsmedia.com/news-mcoa/
In the industry developments and happenings in the market this week include:
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