Marijuana Company Of America Inc (OTCMKTS:MCOA) Is Today's Cannabis Focus

Despite its name, Marijuana Company Of America Inc (OTCMKTS:MCOA) has not captured a lot of investor interest among cannabis stocks. While fellow pot stocks Terra Tech Corp (OTCMKTS:TRTC) and Cannabis Sativa Inc (OTCMKTS:CBDS) have rocketed up the charts on a new Green Rush, shares of MCOA have lagged behind and are below where they started the year. This has created a great buying opportunity for investors that missed the move higher in TRTC, CBDS and many other pot names.Marijuana Company of America is a publicly traded company headquartered in Southern California. MCOA will distribute marijuana and products related to marijuana as well as CBD and hemp, using a variety of marketing approaches to distribute on a global basis. The company has several business lines which it is developing.Last month, MCOA launched its affiliate marketing platform, Club Harmoneous. Select patients from collectives in Southern California are being invited to test The Club's pilot program. Following the pilot program, The Club will be opened for full release in Q2 2016 and expanded throughout Southern California and on a state-by-state basis.

The Club will offer benefits to member patients, including consistent high quality, aggressive pricing as well as discounts, loyalty and rewards, unique products and strains, lab testing, discrete and prompt delivery. Club Harmoneous maintains an in-depth knowledge base of industry, patient, and expert data. Using this information, member patients can select specific products online or from an app on their phone, place them into their shopping cart, checkout, and receive secure, prompt personal delivery. MCOA claims that by avoiding dispensary visits, Club Harmoneous member patients are a trusted network of members, friends, co-workers, neighbors and relatives to buy with confidence and convenience.

Earlier this month, MCOA announced BudzPlus. BudzPlus is Club Harmoneous' product line that was developed to brand MCOA's cannabis flower (bud), edibles and concentrate products. During the second quarter, MCOA will begin launching BudzPlus branded products through Club Harmoneous as the Company completes the development of its proprietary product formulations. In Q2 2016, The Club will also be launching two other branded product lines for its non-THC hemp derived products such as proprietary CBD (Cannabidiol) formulations, hemp beauty and nutritional products, as well as another product line that will be focused on several medicinal uses that promote the "entourage effect."MCOA is also at work in Washington State. The company has entered into a supply agreement with Mama Chan LLC, a Washington State I-502 Tier 3 licensed cultivator. Mama Chan will provide a wide selection of cannabis products to MCOA in Washington State, including flower (bud), concentrates and finished products. The team behind Mama Chan ensures that MCOA will have a sufficient and consistent supply of high quality cannabis products to fulfill the demand of its future members in Washington State. The Tier 3 authorizes between ten thousand square feet and thirty thousand square feet of dedicated plant canopy, which is the maximum out of the three-tier system in Washington.MCOA also has an agreement with West Coast Collective, which is a Pre-ICO, Prop. D compliant medical marijuana dispensary licensed in the greater Los Angeles area. West Coast will provide a wide range of products, including flower (bud), concentrates and finished products to MCOA'S managed services client, Kush Clinic, in Palm Desert, California. In January, the City of Palm Desert approved an ordinance that allows medical cannabis delivery with a majority 4-1 vote. This new ordinance will help the company's client, Kush Clinic in Palm Desert, in delivering more products to more customers.In January, MCOA signed a managed services agreement with Green Dot Collective located in North Hollywood, California. GDC is a CA Prop 215 non-profit Collective in North Hollywood, California, operating in accordance with California Health and Safety Code Sec. 11362.5(B)(1)(A) and 11362.7(H). The collective specializes in providing medicinal cannabis services to members who require in-home care. Under the terms of the two-year agreement, effective January 12, 2016, MCOA will provide GDC with the following managed services: compliance, accounting, product sourcing and testing, quality control, fulfillment, courier/delivery, transaction processing, cash management, loyalty and rewards programs, product development, packaging, marketing, branding and human resources.If there was ever a time to jump into the industry, now is the time. We think 2016 will be a great year for the marijuana industry. The reason being is that the marijuana industry has a lot of tailwinds heading into 2016. Roughly 14 states could legalize marijuana this year, adult-use cannabis or possibly both, either at the ballot box or through state legislatures. While it’s doubtful all those states will be successful, there’s a good chance at least a handful will legalize in 2016. No other single year has offered such incredible promise in terms of the sheer volume of states that could legalize, thanks to other pioneering marijuana markets and growing support for cannabis in general.MCOA is a name that many investors have failed to pay attention to in the cannabis space. This is a mistake as the company is lead by a seasoned CEO in Donald Steinberg, who was the founder of Medical Marijuana Inc (OTCMKTS:MJNA). Judging by the moves he's making with MCOA, he's positioning the company to overtake MJNA and become a future leader in the industry. MCOA is well-positioned to benefit from the coming tidal wave of marijuana acceptance and a new Green Rush taking fruit. We will be updating Insider Financial as soon as we know more. For continuing coverage on MCOA, sign up for our free newsletter today and get our next hot stock pick!Disclosure: We have no position in MCOA and have not been compensated for this article.