OrganicMarijuana.com Invests in Australian Medical Cannabis Company, MOCA
11th March 2019
World’s largest online organic cannabis wholesaler invests $3 million in Medicinal Organic Cannabis Australia (MOCA) Pty Ltd
OrganicMarijuana.com is the largest privately owned digital wholesale marketplace for excellent organic marijuana products. With cultivation and production facilities in Canada, the United States, Uruguay and Jamaica. Entering into the Australia and New Zealand market with an investment in Medicinal Organic Cannabis Australia (MOCA) Pty Ltd, OrganicMarijuana.com has taken a 20% holding in MOCA, providing MOCA with an international marketing platform for its organic products. OrganicMarijuana.com's AUD$3 million investment in MOCA will fund its expansion operations in New Zealand and Australia.
MOCA currently holds import and export licences at State and Federal levels in Australia and supplies local and international markets from its state of the art medical facility in New South Wales.
OrganicMarijuana.com has an annual production capacity of over 850,000 kg of organic cannabis flowers, The Company’s manufacturing covers organically grown medical and recreational marijuana products.
The Company has grown from its early foundations in the early 1960's and now has extensive cultivation and manufacturing facilities throughout the United States with key operations in Las Vegas, New York, Washington and Los Angeles. Since the introduction of medical cannabis in Canada in July 2001, the Company has been building its presence across various companies via acquisitions and strategic partnerships such as Aurora Cannabis whose organic projects include Aurora Sky and Aurora Sun to bolster its potential yield to around 700,000 kilograms by 2020. The Company is anticipating that the Australia and New Zealand medicinal cannabis market will be worth more than $1 billion by 2025.
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Contact information for further information
Contact - Emanuela Ispani
Telephone +61 406 517 377