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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 … Continue reading “Marijuana Company of America Inc. (MCOA) Signs Joint Venture LOI, Plans Expansion in California”

CannabisNewsBreaks – 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 … Continue reading “CannabisNewsBreaks – Marijuana Company of America Inc. (MCOA) Launches New CBD-Infused hempSMART(TM) Body Cream”

CannabisNewsBreaks – 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 … Continue reading “CannabisNewsBreaks – Marijuana Company of America Inc. (MCOA) Announces Reverse Split of Common Stock”

CannabisNewsBreaks – Marijuana Company of America Inc. (MCOA) Announces Progress on Unique Cannabis Delivery Service, Viva Buds

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) today announced expected completion of the manufacturing and distribution facility for its Viva Buds cannabis delivery service by August 2019. In April, MCOA announced its 20% ownership interest acquisition of Natural Plant Extract of California (“NPE”), establishing a joint venture to create Viva Buds … Continue reading “CannabisNewsBreaks – Marijuana Company of America Inc. (MCOA) Announces Progress on Unique Cannabis Delivery Service, Viva Buds”

CannabisNewsBreaks – 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 … Continue reading “CannabisNewsBreaks – Marijuana Company of America Inc. (MCOA) Expands European Footprint Through Successful Netherlands Launch of hempSMART(TM)”

CannabisNewsBreaks – 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 … Continue reading “CannabisNewsBreaks – Marijuana Company of America Inc. (MCOA) Announces Successful Scotland Launch of hempSMART(TM) CBD Product Line”

CannabisNewsBreaks – 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 … Continue reading “CannabisNewsBreaks – Marijuana Company of America Inc. (MCOA) and JV Partner Announce Start of Commercial Planting at Scio, Oregon Hemp Farm”

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

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

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

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