CannabisNewsWire
CannabisNewsWire

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Marijuana Company of America Inc.
(OTC: MCOA)

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Marijuana Company of America Inc. (OTC: MCOA) operates and invests in the cannabis sector directly. The company’s diverse operations include cDistro, one of the THC, hemp & CBD cannabis industries’ fastest growing distribution companies; hempsmart™, a premium CBD company; and VBF Brands Inc., a cannabis nursery cultivation facility in Salinas, California, that is a cultivator and distributor utilizing its own growing systems to produce desirable cannabis clones.

MCOA continues to grow its business while remaining fiscally conscious and further establishing itself in the legalized cannabis THC, hemp & CBD industries by offering unique exposure to the global cannabidiol sector. The company intends to continue to leverage its premium brand hemp-based products with investments in and collaboration with existing and new strategic partners.

Marijuana Company of America offers investors the opportunity to be at the forefront of innovation in the legal cannabis and industrial hemp industries.

During the summer of 2021, the U.S. witnessed the introduction of the most comprehensive cannabis reform ever proposed at the federal level, as well as ongoing state-level liberalization. The investments MCOA has made will position the company to drive the expected strongest revenue growth in the company’s history.

MCOA strives to develop a comprehensive selection of synergistic companies that provides consistent value to its shareholders. Furthermore, its vertically integrated business model provides companies and partners with the best opportunities for rapid growth. It is MCOA’s attention to detail in producing premium products and adhering to the best business practices that distinguish it among the leaders of cannabis products in the global marketplace.

MCOA is building a portfolio of investments and joint ventures that represent the highest integrity and professionalism in the legal cannabis and industrial hemp markets. MCOA is a model for entrepreneurs and businesses that share its common goals and philosophies of not only creating value for investors but also creating an environment for businesses to improve the quality of life of customers through sustainable alternatives to many products currently on the market.

Investment Considerations

  • 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.
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Recent Coverage

CannabisNewsBreaks - Marijuana Company of America Inc. (MCOA) Carving out Market Share, Tapping Strategic Partnerships

January 7, 2022 1:30 PM

Marijuana Company of America (OTC: MCOA) recently released financial results for the three months ended Sept. 30, 2021 (“Q3 2021”), posting a 731% year-on-year increase compared to the same period in Q3 2020. Total revenue stood at $442,178 (up from $53,195), with gross profit to $63,687, up from $16,025 in Q3 2020, representing a 297% increase over that period. MCOA has attributed the impressive growth to its new acquisition of cDistro, a distribution enterprise, which positioned it to take advantage of immediate revenue granted by the opportunity to carve out a significant market share in the specialty distribution space. In addition to acquisitions, MCOA has also tapped into strategic industry partnerships with Cannabis Global Inc. (OTC: CBGL), Eco Innovation Group Inc. (OTC: ECOX), and Natural Plant Extract to push its growth. “We are confident that the steps we are taking will enable us to maintain a growing strong position as we drive growth across the entire business and maximize value for our shareholders over the long term,” commented Jesus Quintero, the CEO of MCOA.

To view the full article, visit: https://cnw.fm/AWpNe

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Featured Event

Alternative Products Expo, Fort Lauderdale
March 11-13, 2022 - Ft. Lauderdale, FL


Venue: BROWARD COUNTY CONVENTION CENTER

With the allure of the city – gorgeous beaches and favorable weather – beckoning, Fort Lauderdale will host the United States’ largest CBD and hemp event: the Alternative Products Expo, from March 11 to March 13, 2022. The event will include workshops, keynotes, and educational seminars featuring more than 50 industry professionals as speakers. It will also offer networking opportunities to the thousands of expected attendees. Moreover, vendors will showcase/sell their products in their respective booths.

The Alternative Products Expo comes to Florida at a time when the state has relaxed, to some extent, its once stringent cannabis legislation. Presently, medical marijuana use is legal and more than 500,000 Floridians have active medical marijuana cards. The three-day event will focus on the business side of the cannabidiol (“CBD”) and the hemp industry, CBD’s health benefits, medicinal use, legality and current and future trends in the CBD market.

Conference Highlights

  • 50+ speakers will address the thousands of expected attendees
  • The event will feature vendor booths as well as workshops, keynotes and educational seminars
  • Fort Lauderdale has gorgeous beaches and beautiful weather, factors that led to its selection as a host city for the Alternative Products Expo
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