Marijuana Company of America, Inc. MCOA Archives - Page 6 of 13

ThursdayJan 31, 2019 11:41 am

Marijuana Company of America Inc. (MCOA) Engages in the Cultivation and Distribution of Hemp-Derived Products

MCOA supports a variety of portfolio companies, which participate at different levels within the cannabis and hemp industries The company has CBD-derived product brand hempSMART as a primary portfolio holding MCOA provides turn-key services to the legal cannabis and hemp industries Marijuana Company of America Inc. (OTCQB: MCOA) delivers recognized brands via innovative marketing distribution companies. MCOA is an umbrella company. It is undergoing development to support an array of portfolio companies that participate within the cannabis and hemp industries. Primarily an industrial hemp business, one of MCOA’s main companies is wholly owned subsidiary hempSMART Inc. Company management has expertise…

FridayJan 25, 2019 10:31 am

Marijuana Company of America Inc. (MCOA) Begins Clone Production Earlier, Aiming for Extended Growing Season

Planting at the Scio project in Oregon can begin in late May or early June, extending the growing season by 45 to 60 days The project has already received Oregon Department of Agriculture registration to cultivate hemp in 2019 Company will cultivate three different strains of hemp, characterized by high CBD content and a very low THC level Marijuana Company of America Inc. (OTCQB: MCOA), an innovative hemp and cannabis corporation, announced on January 10 that clone production at the Scio, Oregon, high yielding CBD hemp project is underway. MCOA and joint venture partner Global Hemp Group Inc. (OTC: GBHPF)…

WednesdayJan 23, 2019 10:15 am

Marijuana Company of America Inc. (MCOA) to Expand Popular hempSMART Brand Internationally

Files Form S-1 Registration Statement to receive up to $10 million to fund expansion 2019 to see expansion of hempSMART brand into Europe and Asia MCOA to continue projects expanding role in hemp industry as a grower in the U.S. and Canada Aggressive pursuit of business plan includes recent upgrade to OTCQB Venture Marketplace U.S. hemp market projected to represent 32 percent of a $5.7 billion global hemp market in 2020 Now that U.S. federal prohibition on hemp farming has been lifted through the passage and signing of the 2018 Farm Bill, analysts are predicting that the nation’s hemp industry…

ThursdayJan 10, 2019 9:50 am

QualityStocksNewsBreaks – Marijuana Company of America Inc.’s (MCOA) Scio, Oregon Hemp Project Ramped Up for Clone Production, Expanded Growing Season

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) its Joint Venture partner Global Hemp Group Inc. (CSE: GHG) (OTC: GBHPF) (FRANKFURT: GHG) announced this morning that clone production at their Scio, Oregon High Yielding CBD Hemp project is in high gear for the 2019 season. The partners are preparing for an “as early as possible” planting this year with preparations underway for planting of this year’s crop to begin in late May to early June, providing an additional 45 to 60 days of growing time compared to last year. This expanded timeframe will allow the hemp plants…

ThursdayDec 27, 2018 11:18 am

QualityStocksNewsBreaks – Marijuana Company of America Inc. (MCOA) Files Form S-1 Registration Statement to Receive up to $10M to Fund Expansion

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) this morning announced its filing of Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) as an important step in its efforts to raise the necessary capital for funding its projects and expanding operations in 2019. MCOA’s registration statement included a prospectus for the resale of up to 500,000,000 of its common shares, issuable to K&J Funds, LLC, a selling stockholder, pursuant to a “put right” under an investment agreement, dated December 20, 2018, that the company entered into with K&J. The agreement permits MCOA to “put” up…

FridayDec 21, 2018 9:56 am

QualityStocksNewsBreaks – Marijuana Company of America, Inc. (MCOA) Positioned for Opportunity with Passage of Farm Bill

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) this morning announced its optimism with recent passage of the 2018 Farm Bill. Under the bill, the industrial hemp plant and its extracts, including Cannabidiol (“CBD”), containing less than 0.3 percent of THC, will no longer be labeled as a Schedule 1 Drug and will be made a legal commodity, enabling U.S. cultivation and distribution subject to compliance with Farm Bill provisions and associated federal and state regulations and licensing. Per the update, the Brightfield Group’s Hemp CBD Report of 2018 projects that, with passage of the Farm Bill,…

WednesdayDec 12, 2018 10:25 am

QualityStocksNewsBreaks – Marijuana Company of America Inc. (MCOA) Upgrades Trading Tier to OTCQB Venture Marketplace

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) this morning announced that it has upgraded its trading tier on the OTC Markets to the OTCQB Venture Marketplace. MCOA views the move as an important step in continued distinction in the marketplace, enabling the company to provide investors with transparent and reliable operations audit information, business strategy overviews and current quarterly financial statements. “Our company will continue to be aggressive in executing our business plan and we believe this is a necessary step to help legitimize MCOA as one of the top fully reporting public cannabis companies involved…

TuesdayDec 11, 2018 9:21 am

QualityStocksNewsBreaks – Marijuana Company of America Inc. (MCOA) Launches New hempSMART Website, Sales Platform

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) this morning announced the launch of a new corporate hempSMART™ website as well as a new marketing platform for the company’s associates. The new associate platform enables hempSMART customers to subscribe monthly to its products, which will result in monthly reoccurring revenue for MCOA. The new platform is designed to incentivize existing and future associates to take full advantage of its recently structured compensation plan. “As we start the hempSMART global expansion, it was imperative to have a platform able to facilitate a large number of affiliates with different…

TuesdayNov 27, 2018 10:53 am

QualityStocksNewsBreaks – Marijuana Company of America Inc. (MCOA) Provides Update on Oregon-Based CBD Hemp Project

Innovative hemp and cannabis corporation Marijuana Company of America Inc. (OTC: MCOA), alongside joint venture partner Global Hemp Group Inc. (CSE: GHG) (OTC: GBHPF), this morning provided an update on the harvest at its high yielding CBD hemp project in Scio, Oregon. Per the update, 2018 growing efforts at the Scio property spanned 33 acres of high yielding CBD hemp grown in an orchard style cultivation. This year’s harvest included approximately 37,000 hemp plants that produced roughly 24 tons of biomass, despite a notably late start to the cultivation season. The drying process for this harvest has been completed, with…

TuesdayNov 20, 2018 9:56 am

QualityStocksNewsBreaks – Marijuana Company of America Inc. (MCOA) Reports Q3 Financial Results, Revenue Trend

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) this morning announced financial results for the three and nine months ended September 30, 2018. The update noted the following highlights from Q3 2017 to Q3 2018: Increased revenues of 2984 percent; increased total assets by 42 percent; operations net loss decrease of 1057 percent; decrease in SG&A expenses by 1007 percent; and decrease in total liabilities by 259 percent. “The third quarter marked an important milestone for MCOA, as our hempSMART sales have ramped up due to our multi-pronged marketing campaign and several newly launched products,” MCOA CEO…

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