Innovative hemp and cannabis corporation Marijuana Company
of America (OTC: MCOA) this morning announced that it has upgraded its trading
tier on the OTC Markets to the OTCQB Venture Marketplace. MCOA views the move
as an important step in continued distinction in the marketplace, enabling the
company to provide investors with transparent and reliable operations audit
information, business strategy overviews and current quarterly financial
statements. “Our company will continue to be aggressive in executing our
business plan and we believe this is a necessary step to help legitimize MCOA
as one of the top fully reporting public cannabis companies involved in the
hemp-derived CBD sector,” Marijuana Company of America CEO Donald Steinberg
stated in the news release. “MCOA will continue to expand our operations in the
U.S. as well as launch our hempSMART product line internationally in 2019.”
To view the full press release, visit http://ibn.fm/Qn7Kr
About Marijuana Company of America Inc.
MCOA is a corporation which participates in: (1) product
research and development of legal hemp-based consumer products under the brand
name “hempSMART”, that targets general health and well-being; (2) an affiliate
marketing program to promote and sell its legal hemp-based consumer products
containing CBD; (3) leasing of real property to separate business entities
engaged in the growth and sale of cannabis in those states and jurisdictions
where cannabis has been legalized and properly regulated for medicinal and
recreational use; and, (4) the expansion of its business into ancillary areas
of the legalized cannabis and hemp industry, as the legalized markets and
opportunities in this segment mature and develop. For more information, visit
the company’s website at www.MarijuanaCompanyofAmerica.com
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