Marijuana Company of America, Inc. MCOA Archives - Page 3 of 13

ThursdayJul 18, 2019 12:23 pm

Marijuana Company of America Inc. (MCOA) Signs Joint Venture LOI, Plans Expansion in California

MCOA signed a letter of intent with Northern Lights Distribution and Alpha Private Equity & Capital to form Magnolia Extracts The joint venture aims to expand large-scale operations surrounding the delivery, distribution and manufacture of cannabis products MCOA earlier acquired a 20 percent equity interest in and signed a JV with Natural Plant Extract of California Marijuana Company of America Inc. (OTCQB: MCOA), a hemp and cannabis corporation, has signed an LOI with Northern Lights Distribution (“NLD”) and Alpha Private Equity & Capital to form joint venture Magnolia Extracts LLC, with plans to debut delivery, distribution and manufacturing at its…

ThursdayJul 18, 2019 10:05 am

QualityStocksNewsBreaks – Marijuana Company of America Inc. (MCOA) Launches New CBD-Infused hempSMART(TM) Body Cream

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) today announced that its hempSMART(TM) brand has launched a new product called hempSMART Body Cream(TM). Per the update, the nourishing topical product is formulated with 300mg of organically grown, full spectrum, non-psychoactive cannabinoid (“CBD”), derived from industrial hemp, and a unique blend of synergistic Ayurvedic herbs and botanicals. “The new hempSMART Body Cream is a major advancement in the wellness arena,” Paula Vetter, holistic nurse practitioner, certified herbalist and chair of the hempSMART Medical Advisory Board said in the news release. “The cream is completely free of toxins that…

WednesdayJul 03, 2019 10:11 am

QualityStocksNewsBreaks – Marijuana Company of America Inc. (MCOA) Announces Reverse Split of Common Stock

Innovative hemp and cannabis corporation Marijuana Company of America Inc. (OTCQB: MCOA) today announced that its board of directors and stockholders, in a meeting held on July 1, 2019, approved a reverse split of its issued and outstanding common stock at a ratio of 1-for-60. According to the update, the reverse split is intended to provide MCOA with greater flexibility in considering and planning for future business needs, as well as increasing its common stock per-share trading price to satisfy the minimum requirement for continued OTCQB listing. Per the Amended Certificate to MCOA’s Certificate of Incorporation, the reverse stock split…

ThursdayJun 27, 2019 10:55 am

QualityStocksNewsBreaks – Marijuana Company of America Inc. (MCOA) Expands European Footprint Through Successful Netherlands Launch of hempSMART(TM)

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) today announced continued European expansion of its wholly owned subsidiary, hempSMART, Ltd., with its latest launch in the Netherlands. Per the update, the company made a strategic decision, based on positive feedback during its United Kingdom launch, to further expand its European footprint to offer its hempSMART(TM) CBD product line and hold the June 15, 2019 Netherlands event. “The Netherlands launch was a complete success, with people traveling from other parts of Europe to witness the excitement around our hempSMART(TM) CBD product line,” hempSMART, Ltd. Global Sales Director Ian…

WednesdayJun 26, 2019 9:52 am

QualityStocksNewsBreaks – Marijuana Company of America Inc. (MCOA) Announces Successful Scotland Launch of hempSMART(TM) CBD Product Line

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) today announced that its wholly owned subsidiary, hempSMART, Ltd., has successfully launched and generated sales from its hempSMART(TM) CBD product line in Scotland. According to the update, the hempSMART UK team successfully sold out at its June 22, 2019 launch event, leading to the signing of many new marketing associates. “We are excited to finally offer our premium line of CBD products to the country of Scotland,” MCOA CEO Don Steinberg said in the news release. “It has always been MCOA’s goal to open sales of its hempSMART products…

TuesdayJun 18, 2019 11:42 am

QualityStocksNewsBreaks – Marijuana Company of America Inc. (MCOA) and JV Partner Announce Start of Commercial Planting at Scio, Oregon Hemp Farm

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA), together with joint venture partner Global Hemp Group (CSE: GHG) (OTC: GBHPF) (FRA: GHG), this morning announced the start of commercial planting at its Scio, Oregon hemp farm. Per the update, the farm, operating under the name Covered Bridge Acres Ltd. (“CBA”), has prepared the 35-acre property for planting and is now in the process of laying the last of the mulch and drip line and obtaining organic certification. This year’s hemp plants were produced from either sprouted seed or through CBA’s onsite cloning operation, and have higher quality…

MondayJun 10, 2019 9:24 am

QualityStocksNewsBreaks – Marijuana Company of America Inc. (MCOA) Portfolio Company Inks LOI to Form Magnolia Extracts LLC, Substantially Build Out Cannabis Facility

Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, today announced that Northern Lights Distribution LLC (“NLD”) has signed a Letter of Intent (“LOI”) with Alpha Private Equity & Capital LLC to form a joint venture (“JV”) called Magnolia Extracts LLC for large-scale expansion operations to start distribution, delivery and manufacturing of its cannabis products in the city of Lynwood, California. In April 2019, MCOA announced that it has secured a 20% ownership interest and signed a joint venture agreement with Natural Plant Extract of California (“NPE”) to establish a premier cannabis delivery company called Viva Buds.…

TuesdayMay 21, 2019 11:44 am

QualityStocksNewsBreaks – Marijuana Company of America Inc. (MCOA) Reports Q1 2019 Financial Results, 504% YOY Revenue Increase

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) this morning announced its financial results for the first quarter ended March 31, 2019. According to the update, total revenues for the quarter were $114,810 compared to $19,010 for the same period last year, representing a 504% increase. “Our first quarter results demonstrate our focus on laying the foundation and investments to establish our presence in the high-growth cannabis, hemp and CBD markets,” MCOA CEO Don Steinberg said in the news release. “During the quarter, we successfully prelaunched our hempSMART line of products in the United Kingdom and promoted…

TuesdayMay 14, 2019 10:26 am

QualityStocksNewsBreaks – Marijuana Company of America Inc. (MCOA) Enters LOI for Large Hemp Farming Operations in California

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) this morning announced its entry into a Letter of Intent (“LOI”) with Essence Farms, LLC to form a joint venture (“JV”) called the Riverside Hemp Project. According to the update, the focus of the JV is to run California farming operations for the purpose of growing, cultivating, manufacturing, extracting and selling legal hemp and hemp-derived CBD. “MCOA strives to be a leader in producing and distributing hemp, and we believe this joint venture will allow the Company to further its vision by establishing itself as a premier company in…

ThursdayMay 09, 2019 11:56 am

Marijuana Company of America Inc. (MCOA) Announces Appointment of Independent Director

Edward Manolos brings significant industry experience to the company Manolos opened the first medical marijuana dispensary in Los Angeles County in 2004 Industry revenue is expected to reach $24.5 billion by 2021 Marijuana Company of America Inc. (OTCQB: MCOA), an industrial hemp company involved in the cultivation and distribution of hemp-derived products, recently announced the appointment of Edward Manolos as an independent director. Joining the MCOA team of seasoned industry leaders, Manolos brings a wealth of knowledge and experience. In 2004, he opened the first-ever medical marijuana dispensary in Los Angeles County, and he is viewed (http://ibn.fm/uCEqt) as one of the…

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