Constant growth within the legal marijuana and hemp industries also means increasingly fierce competition in this burgeoning market, which makes it more and more difficult for companies in the cannabis space to stand out from the pack. Marijuana Company of America, Inc. (OTC: MCOA) is among those managing to shine in spite of the growing competition, successfully carving out a niche with its unique, strategic approach and distinctive business model. An article discussing this reads: “The exponential growth of the legal cannabis market and the hemp-based CBD industry enables Marijuana Company of America to fully develop its vertically integrated business model, which is built around the idea of bringing together a diverse portfolio of investments and joint ventures representing synergistic business segments of the market that are uniquely positioned to bring added value to shareholders. Designed to serve as an umbrella for a variety of companies that participate in the legal cannabis industry, Marijuana Company of America aims to provide investors with the opportunity to become a driving force of hemp and cannabis innovation, processing and cultivation, as well as distribution, with the end goal of maintaining customer loyalty and capturing a hefty market share by developing valuable and recognizable brands.”
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