Rise of U.S. and Canadian Legal Cannabis Dispensaries Putting Major Strain on Inventory - Seite 2

Donald Steinberg, Chief Executive Office of Marijuana Company of America, stated, "Appointing Edward, a seasoned veteran of the cannabis industry, to our Board of Directors strategically positions us to launch our cannabis division. His expertise in obtaining cannabis licenses, cannabis cultivation, and the distribution of finished products is crucial to the development of our new subsidiary, Viva Buds, and any future projects involved in this evolving industry."

Mr. Manolos has served as the founder of many successful companies, such as Everest Biosynthesis Group and Natural Plant Extracts USA (NPE), a leading cannabis manufacturer, distributor and retail delivery company that holds multiple licenses involved in the sector.  Mr. Manolos has provided consulting services to several companies and has helped them obtain marijuana retail and production licenses in California and Washington, including Cannabis Strategic Ventures (OTC: NUGS). He graduated from the University of California, Riverside, with a double major in computer science and business management.   Read this and more news for MCOA at:  https://www.financialnewsmedia.com/news-mcoa/  

In the industry developments and happenings in the market this week include:   

PotNetwork Holdings, Inc. (OTCPK: POTN) Diamond CBD Inc. a wholly owned subsidiary of the company, and a leader in cutting-edge, hemp-derived CBD products continued to expand its presence in the over $130 billion wellness market as a result of its two-day attendance at the first-leg of the Europa Games Expo and Sporting Event, a nutrition, supplement, and apparel exhibition in Orlando, Florida from April 13 - 14. The Company successfully exhibited its lineup of CBD oils, CBD vapes, and CBD edibles to both athletes and attendees at the show, demonstrating the strength of its brand in a global wellness market that is predicted to grow at a CAGR of almost 10 percent through 2024.

Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) a leading cannabis company built around recognized brands for the wellness and recreational markets, recently provided an update on corporate activities. As announced in a press release dated December 27, 2018, William Simpson, former President and CEO of the Company, was replaced in those capacities by William Kulczycki. It was intended that Mr. Simpson continue with the Company in a full-time capacity as "Founder" and Board observer without responsibility for operations. Mr. Simpson has been on a sabbatical leave of indefinite duration since February 4.