Marijuana Company of America Archives - Page 2 of 5

TuesdayNov 30, 2021 9:30 am

Marijuana Company of America Inc. (MCOA) Reports Highest Quarterly Revenue Yet in Q3 2021 on the Back of New Acquisition, Expects Another Record-Breaking Quarter in Q4 2021

MCOA’s Q3 2021 revenue increased 731% year on year from $53,195 in Q3 2020 to $442,178 in Q3 2021 The company attributed this growth to its recent acquisition of cDistro, one of the fastest-growing distributors in North America cDistro’s acquisition is part of a strategic shift as the company looks to expand into new areas within the cannabis industry MCOA expects another record-breaking quarter in Q4 2021 as it anticipates reporting a full quarter of revenue from VBF Brands Inc., its newly acquired cultivation facility in Salinas, California Marijuana Company of America (OTC: MCOA), a diversified holding company looking to…

ThursdayNov 18, 2021 10:42 am

QualityStocksNewsBreaks – Marijuana Company of America Inc. (MCOA) Achieves Highest Quarterly Revenue Since Inception in Q3 2021

Marijuana Company of America (OTC: MCOA), a diversified holding company with operations and investments throughout the cannabis industry, today announced its financial results for the third quarter and nine months ended Sept. 30, 2021, which reflected the highest quarterly revenue reported in the company’s history. Total revenues for the three months ended Sept. 30, 2021, were $442,178, an increase of $388,983 from the same period in 2020. The company attributed the increase mainly to $407,246 of product sales from its new acquisition of cDistro, which began full operations during the quarter ended Sept. 30, 2021. “During the third quarter 2021,…

WednesdayNov 17, 2021 8:00 am

Marijuana Company of America Inc. (MCOA) Is ‘One to Watch’

The VBF acquisition is expected to be accretive to MCOA’s revenue and EBITDA forecasts for 2022 The company launched new subsidiaries in Brazil and Uruguay to distribute its hempsmart premium product line in Latin America The company recently launched a new social media marketing campaign via Instagram, Twitter, TikTok, etc. The global legal marijuana market was valued at $9.1 billion in 2020 and is forecast to grow at a CAGR of 26.7 percent from 2021 to 2028, putting the market value at roughly $30 billion by 2025 Marijuana Company of America (OTC: MCOA) operates and invests in the cannabis sector directly.…

WednesdayNov 03, 2021 1:39 pm

QualityStocksNewsBreaks – Marijuana Company of America Inc. (MCOA) Announces Plans to Launch VapeTV US

Marijuana Company of America (OTC: MCOA), a diversified holding company with operations and investments throughout the cannabis industry, today announced its entry into a non-binding letter of intent (“LOI”) for the formation of a new in-store advertising business to be called VapeTV US Inc. According to the update, MCOA's wholly owned distribution company, cDistro Inc., will own 25% of the VapeTV US business, partnering with VapeTV Ltd. of the United Kingdom and Jasleen Enterprises LLC, the owner of Vapor Maven. “We are excited to initiate the U.S. market version of the highly successful and lucrative VapeTV business,” said Mike Shaw,…

FridayDec 04, 2020 12:20 pm

QualityStocksNewsBreaks – Marijuana Company of America, Inc. (MCOA), Cannabis Global (CBGL) Issue Joint Shareholder Letter

Marijuana Company of America (OTCQB: MCOA), based in Escondido, California and focused on cannabidiol (“CBD”) products, together with Cannabis Global Inc. (OTC: CBGL), an innovation-oriented company investing in disruptive cannabis and hemp-related technologies, on Thursday issued a joint letter to shareholders. Recently, the companies entered into an agreement wherein each became the largest shareholder of the other. As a result, CBGL owns 650 million shares of MCOA and MCOA owns just over 7.2 million shares of CBGL. The transaction intends to promote the growing common interests and collaborations between the two pioneering cannabis and CBD operations. The update reads, “Both…

WednesdayJul 08, 2020 10:19 am

QualityStocksNewsBreaks – Marijuana Company of America, Inc. (MCOA) to Webcast Live at VirtualInvestorConferences.com

Marijuana Company of America (OTCQB: MCOA), based in Escondido, California and focused on cannabidiol (“CBD”) products, on Tuesday announced that its CEO Jesus Quintero, CMO Gloria Albarran Lynch and Strategic Partner Robert Hymers will present live at VirtualInvestorConferences.com on July 9, 2020. The MCOA presentation is scheduled to begin at 12:30 p.m. Eastern Time at the live, interactive online event where investors are invited to ask the company questions in real-time. Interested parties are encouraged to pre-register at http://ibn.fm/njKhD and run the online system check to expedite participation and receive event updates. To view the full press release, visit http://ibn.fm/8Rx82…

WednesdayJul 01, 2020 11:05 am

QualityStocksNewsBreaks – Marijuana Company of America, Inc. (MCOA) Appoints Current Board Member as EVP of Mergers and Acquisitions

Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, today announced the appointment of Themistocles (Tim) Psomiadis as Executive Vice President of Mergers and Acquisitions. A member of MCOA’s Board of Directors since February 28, 2020, Psomiadis will be instrumental in the implementation of the Company's strategy of accelerating growth through key acquisitions. “The addition of Tim to our group, as both member of the board and Executive Vice President of Mergers of Acquisitions is a true game changer for our Company,” MCOA CEO Jesus Quintero stated in the news release. “He brings a wealth of knowledge…

WednesdayMay 20, 2020 9:36 am

QualityStocksNewsBreaks – Marijuana Company of America, Inc. (MCOA) Reports Increased Revenues, Positive Financial Developments for Year-Ended December 31, 2019

Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, today released audited financial results for the year ended December 31, 2019, as included in its annual report on Form 10-K. Among the notable highlights, the company reported a significant 175.7% year-over-year increase in total revenues to $695,076 for the year ended December 31, 2019, as compared to $252,135 for the year ended December 31, 2018. “Our financial results reflect a transition as our company converts from a Research and Development company to a marketing-product based company,” MCOA chief executive officer Jesus Quintero stated in the news release.…

TuesdayApr 14, 2020 9:43 am

QualityStocksNewsBreaks – Marijuana Company of America, Inc.’s (MCOA) hempSMART(TM) Appoints New Chief Marketing Officer to Implement 2020 Global Sales and Marketing Strategy

Marijuana Company of America (OTCQB: MCOA), an innovative hemp corporation, today announced the appointment of Gloria Albarran Lynch as Chief Marketing Officer of hempSMART(TM) Corporate. Lynch brings a wealth of experience and knowledge into the CBD marketplace and is exceptionally qualified to develop and implement effective strategies that will increase the company's revenue streams. "Our re-branding and segmented branding strategies will address the global market and give us a broader reach. The unified LOOK of our product lines will allow our customers to quickly recognize us on the store shelf,” MCOA CEO Jesus Quintero stated in the news release. “It…

MondayMar 23, 2020 10:55 am

QualityStocksNewsBreaks – Marijuana Company of America, Inc.’s (OTCQB: MCOA) hempSMART Offers Important Information for Immune Support, Significant Price Reduction for CBD Drops

Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, today announced that its subsidiary, hempSMART(TM), will offer products to consumers at a substantial savings. In today’s climate of concern about immune system health, Chairman of hempSMART's Medical Advisory Board, Paula Vetter FNP, stated, "maintaining a healthy immune system requires a multi-faceted approach. Along with common sense measures like social distancing and hand washing, we can enable our immune system to function optimally by specifically supporting our Endocannabinoid System with a quality CBD product." To view the full press release, visit http://ibn.fm/8QlK5 About Marijuana Company of America Inc.…

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