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.”
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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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