Marijuana Company of America Inc. (MCOA) Reports Highest Quarterly Revenue Yet in Q3 2021 on the Back of New Acquisition, Expects Another Record-Breaking Quarter in Q4 2021

November 30, 2021 09:45:13
  • MCOA’s Q3 2021 revenue increased 731% year on year from $53,195 in Q3 2020 to $442,178 in Q3 2021
  • The company attributed this growth to its recent acquisition of cDistro, one of the fastest-growing distributors in North America
  • cDistro’s acquisition is part of a strategic shift as the company looks to expand into new areas within the cannabis industry
  • MCOA expects another record-breaking quarter in Q4 2021 as it anticipates reporting a full quarter of revenue from VBF Brands Inc., its newly acquired cultivation facility in Salinas, California
Marijuana Company of America (OTC: MCOA), a diversified holding company looking to grow its business and further establish itself in the legalized cannabis THC, hemp, and cannabidiol (“CBD”) industries, recently reported the highest quarterly revenue in its history ( As part of the financial results for three months ended September 30, 2021 (“Q3 2021”), the company reported $442,178 in revenue, up from $53,195 in revenue reported in Q3 2020. This represented a… 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