Global Cannabis Industry Opportunities Skyrocket as Demand Could Eventually Outpace Supply

PALM BEACH, Florida, October 9, 2018 /PRNewswire/ --

Financialnewsmedia.com News Commentary 

The global cannabis industry remains one of the more difficult industries to accurately forecast because its growth is so drastic and explosive that experts are constantly being forced to reevaluate and increase their projections for the space. The overall industry is well on its way to being a consistent multi-billion dollar sector of the economy and this growth is leading to rising levels of investment, both privately and publicly. Leaders in the industry are expanding operations in order to keep up with the rising levels of demand. Examples of expansion include companies investing in additional land to expand production facilities, as well as pioneers expanding operations into new markets in order to capitalize on new opportunities. Canada remains one of the hottest markets for activity as it relates to cannabis as the country is set to legalize the substance within the next two weeks. Active Companies from around the market with current developments this week include: Marijuana Company of America, Inc. (OTC:MCOA), Medical Marijuana Inc. (OTC:MJNA), HEMP Inc. (OTC:HEMP), GreenGro Technologies Inc. (OTC:GRNH), Terra Tech Corp. (OTC:TRTC).

Marijuana Company of America, Inc. (OTCPK:MCOA) BREAKING NEWS: Marijuana Company of America, an innovative hemp and cannabis corporation, is pleased to announce that the Company has appointed Ian Harvey as the Global Sales Director of its wholly-owned UK subsidiary hempSMART, Ltd. in preparation for the Company's January 2019 product launch in Europe.

Under the guidance of Ian Harvey, hempSMART is preparing to launch its successful Network Marketing program and industrial hemp derived Cannabidiol (CBD) product line in Europe in January 2019, starting with the United Kingdom. Pre-registration for the UK is available by visiting http://www.hempsmart.co.uk.

Ian Harvey has been involved in the direct sales industry for over 35 years. Mr. Harvey has worked for and helped to develop several successful Blue Chip corporations in countries around the world including Japan, South Africa, the United States, and numerous European countries. He has several years of experience launching new product brands, training programs, and implementing strategic approaches designed to capture large networks of loyal customers on an international level.