NEW YORK, March 27, 2018 /PRNewswire/ —

According to data published by Energias Market Research, the global medical cannabis market is anticipated to grow significantly from USD 8.28 billion in 2017 to USD 28.07 billion by 2024 and at a CAGR of 19.1% over the forecast period. Factors driving the growth of the legal cannabis industry include mounting recognition of medical benefits, growing demand for cannabis in the treatment of various diseases, and increasing number of research and development activities. In the U.S, there are 28 states that have approved the use of cannabis for medical purposes. In major markets like Colorado, California, Alaska, Massachusetts and Nevada, cannabis is legal for recreational use. Marijuana Company of America, Inc. (OTC: MCOA), MassRoots, Inc. (OTC: MSRT), mCig, Inc. (OTC: MCIG), Medical Marijuana, Inc. (OTC: MJNA), Freedom Leaf, Inc. (OTC: FRLF)

According to Benzinga, Viridian Capital President Scott Greiper said that the cannabis market received $1.23 billion investments in the first five weeks of 2018, up from $178 million a year earlier. Viridian Capital Advisors’ Vice President Harrison Phillips explained: “Investments in cultivation and retail this year have been driven predominantly by the Canadian player. This has been happening pretty consistently from late 2016 through 2017. This reflects the necessity to scale cannabis businesses, to get some kind of advantage, and to explore strategic opportunities, both through acquisitions and international expansion.”

Marijuana Company of America, Inc. (OTC: MCOA) just announced breaking news earlier today that, “it has engaged Eddy Pham & Company (EPCO) to provide retail marketing and advertising services for its hempSMART™ branded products. Eddy Pham & Company is a direct to consumer full-service marketing company that will provide MCOA’s hempSMART product line with a fully integrated, multi-channel transactional marketing campaign focused on digital advertising, infographics, content marketing, customer incentives and acquisition, a broad social

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