As Cannabis Market Continues to Expand, Marijuana Company of America Inc. (MCOA) Anticipates Sustained Growth Following Record-Breaking Quarter

December 21, 2021 12:49:08
  • Education and job opportunities are being created for the sector, as more states and more countries around the word are pushing for cannabis legalization
  • MCOA offers diverse operations that include both wholly-owned subsidiaries and investment interests, including Cannabis Global Inc., Eco Innovation Group Inc., and Natural Plant Extract
  • During Q3 2021, the company saw its highest revenue earning quarter since it became public
Despite challenges posed by the global pandemic, the legalized cannabis market is expected to grow significantly in the next five years. The market was valued at approximately $19.96 billion in 2018, and it is expected to grow at a CAGR of 17.2% during the forecast period, most likely topping $81.47 billion by the end of 2027, according to a recent market forecast report from Transparency Market Research ( With more states and countries worldwide pushing for legalization of cannabis, new opportunities are being created specifically for this sector. Most recently, Malta, the EU’s smallest member state, became the first EU country to legalize the cultivation and personal use of cannabis by its citizens ( Even colleges and universities are… Read More>> NOTE TO INVESTORS: The latest news and updates relating to MCOA are available in the company’s newsroom at About CannabisNewsWire CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge. To receive SMS text alerts from CannabisNewsWire, text “CANNABIS” to 21000 (U.S. Mobile Phones Only) For more information please visit Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: Do you have a questions or are you interested in working with CNW? Ask our Editor CannabisNewsWire (CNW) Denver, Colorado 303.498.7722 Office