CannabisNewsBreaks – 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…