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NetworkNewsBreaks – 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 … Continue reading “NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Portfolio Company Inks LOI to Form Magnolia Extracts LLC, Substantially Build Out Cannabis Facility”

NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Appoints Seasoned Cannabis Industry Veteran to Board of Directors

Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, recently named Edward Manolos as an independent director. An article discussing the company reads, “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 … Continue reading “NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Appoints Seasoned Cannabis Industry Veteran to Board of Directors”

NetworkNewsBreaks – 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 … Continue reading “NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Reports Q1 2019 Financial Results, 504% YOY Revenue Increase”

NetworkNewsBreaks – 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 … Continue reading “NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Enters LOI for Large Hemp Farming Operations in California”

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 … Continue reading “Marijuana Company of America Inc. (MCOA) Announces Appointment of Independent Director”

NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Outlines Plans to List Subsidiary on Vienna Stock Exchange

Innovative hemp and cannabis corporation Marijuana Company of America Inc. (OTCQB: MCOA) this morning announced that its wholly owned subsidiary, hempSMART Ltd., is taking steps to list on the Vienna Stock Exchange with the goal of raising sufficient capital to expedite the rollout of its hempSMART product line in Europe. In line with this offering, … Continue reading “NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Outlines Plans to List Subsidiary on Vienna Stock Exchange”

NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Issues 2019 Shareholder Letter on Recent Developments, New Business Opportunities

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) this morning announced that it mailed a letter to its shareholders on May 1, 2019 to update them on recent developments and new business opportunities. Per the update, the letter provided information regarding the company’s two current, pending acquisitions, a review of its recent … Continue reading “NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Issues 2019 Shareholder Letter on Recent Developments, New Business Opportunities”

NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Subsidiary Increases European Penetration

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) plans to expand its hempSMART subsidiary’s European footprint with prelaunch events planned in the Netherlands and Germany during the second quarter of 2019. An article discussing the company reads, “MCOA is following up on the successful launch of hempSMART in London, where all promotional … Continue reading “NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Subsidiary Increases European Penetration”

Marijuana Company of America Inc. (MCOA) Celebrates Significant Revenue Growth, Budding Cannabis Delivery Service

Marijuana Company of America Inc. has returned to its roots with a joint venture to launch a cannabis delivery service targeted at California’s recreational market Market researchers predict that California’s cannabis sales will hit $5.1 billion this year and $7.7 billion by 2022 MCOA’s year-end financial report noted an increase of 840 percent in annual … Continue reading “Marijuana Company of America Inc. (MCOA) Celebrates Significant Revenue Growth, Budding Cannabis Delivery Service”

NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Appoints Medical Marijuana Industry Pioneer as Independent Director

Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, this morning announced the appointment of Mr. Edward Manolos as an independent director. Manolos graduated from the University of California, Riverside, with a double major in computer science and business management and has been a member of the company’s Strategic Advisory Board since … Continue reading “NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Appoints Medical Marijuana Industry Pioneer as Independent Director”

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