Company Overview and News


Add MCOA
to your dashboard

Headline News

Marijuana Company of America Completes Financing for Cultivation Facility in Washington State

2017-11-09 marketwired
ESCONDIDO, CA--(Marketwired - Nov 9, 2017) - MARIJUANA COMPANY OF AMERICA INC. ("MCOA" or the "Company") (OTC: MCOA), an innovative hemp and cannabis corporation, is pleased to announce that it has completed its financing of $800,000 in cash and 15 million shares of the Company's common stock in full satisfaction of the amended terms of the joint venture agreement with Bougainville Ventures, Inc. ("BV"). (17-0)

Marijuana Company of America Engages NetworkNewsWire for Corporate Communications Solution

2017-10-17 marketwired
ESCONDIDO, CA--(Marketwired - Oct 17, 2017) - MARIJUANA COMPANY OF AMERICA INC. ("MCOA" or the "Company") (OTC: MCOA), an innovative hemp and cannabis corporation with diverse operations and joint ventures in the legal hemp and cannabis industry, announced today that it has engaged the corporate communications expertise of NetworkNewsWire ("NNW"). (2-0)

Marijuana Company of America and Global Hemp Group to Form Joint Venture With Space Cowboys' Colorado Farm

2017-10-10 marketwired
ESCONDIDO, CA--(Marketwired - Oct 10, 2017) -  MARIJUANA COMPANY OF AMERICA INC. ("MCOA" or the "Company") (OTC: MCOA), an innovative hemp and cannabis corporation, and Global Hemp Group (CSE: GHG) (FF: GHG) (OTC: GBHPF), (collectively the "Companies"), are pleased to announce that they have jointly entered into a letter of intent with Space Cowboys, Inc. ("Space Cowboys") for the purposes of forming a joint venture (the "Joint Venture"). (20-0)

Innovative Payment Solutions Blossom in the Expanding Cannabis Industry

2017-10-05 prnewswire
The marijuana industry grew at a 30 percent annual rate from 2015-2016, with Arcview Market Research predicting a 25 percent compound annual growth rate through 2021. As large as it is diverse, the industry now serves 29 U.S. states and the District of Columbia, where marijuana has become legal for medicinal and/or recreational use. Demand, supply, and product diversity are fueling the growth. However, federal banking regulations restrict financial activity related to marijuana-based businesses. (9-0)

MARIJUANA COMPANY OF AMERICA and GLOBAL HEMP GROUP Retain Space Cowboys to Advise on Hemp Cultivation Project in New Brunswick

2017-09-28 marketwired
ESCONDIDO, CA--(Marketwired - Sep 28, 2017) -  MARIJUANA COMPANY OF AMERICA ("MCOA or the "Company") (OTC: MCOA) and GLOBAL HEMP GROUP INC. ("GHG") (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) are pleased to announce that Space Cowboys, Inc. ("SC") of Loveland, Colorado, has been retained to provide consulting services for its New Brunswick hemp project. (20-1)

Marijuana Company of America Announces Update on Hemp Growing Trials in Canada

2017-09-21 marketwired
ESCONDIDO, CA--(Marketwired - Sep 21, 2017) - MARIJUANA COMPANY OF AMERICA ("MCOA" or the "Company") (OTC PINK: MCOA), in conjunction with its joint venture partner, Global Hemp Group, Inc. (CSE: GHG) (FRANKFURT: GHG) (OTC PINK: GBHPF), is pleased to provide an update on the hemp cultivation trials conducted in New Brunswick, Canada. (20-0)

Marijuana Company of America Announces the Release of hempSMART Full Spectrum CBD Drops

2017-09-13 marketwired
ESCONDIDO, CA--(Marketwired - Sep 13, 2017) -  MARIJUANA COMPANY OF AMERICA ("MCOA" or the "Company") (OTC PINK: MCOA), an innovative cannabis research and development and industrial hemp corporation, is pleased to announce that its wholly owned subsidiary, hempSMART™, Inc., today released its new Full Spectrum Drops, available in 250mg bottles, enriched with non-psychoactive industrial hemp derived CBD. (0-1)

Consumer Support Ignites Cannabis Sales Projections

2017-08-11 prnewswire
According to a report by Arcview Market Research, growth of legal cannabis products will reaccelerate starting 2018. Cannabis sales for recreational purposes increase in Canada, California, and Massachusetts, as well as medical cannabis sales in Florida. As a result, the cannabis market will grow from the $6.7-billion market in 2016 at a robust 27% CAGR to $22.6 billion in 2021. The 20+% annual growth rate is likely to continue for many years past 2021 as more states and countries legalize cannabis.

Senate Appropriations Committee Action Adds Fuel to the Fire for Businesses in the Legal Cannabis Space

2017-08-02 prnewswire
Proponents of legal cannabis celebrated a victory on July 27. By voice vote, the Senate Appropriations Committee approved a budget bill amendment that prevents the federal government from interfering in medical marijuana programs in states where cannabis has been legalized for medical use[1]. This event represents one more step forward as legal cannabis companies like ChineseInvestors.com, Inc. (OTC: CIIX) (CIIX Profile), Terra Tech Corp.

Marijuana Company of America Announces a $5 Million Fixed Funding Commitment

2017-08-01 marketwired
ESCONDIDO, CA--(Marketwired - Aug 1, 2017) - MARIJUANA COMPANY OF AMERICA, INC. ("MCOA" or the "Company") (OTC PINK: MCOA), an innovative cannabis and hemp marketing and distribution company, announced today that it has signed an investment agreement with Tangiers Global, LLC ("Tangiers") for a Fixed Funding Commitment which will provide the Company with an equity investment of up to $5 million. The funding is subject to and contingent upon the Company filing an S-1 registration statement with the Securities and Exchange Commission, and having the Commission deem the registration effective.

Marijuana Company of America Completes $250,000 Investment in MoneyTrac Technology

2017-07-27 marketwired
ESCONDIDO, CA--(Marketwired - Jul 27, 2017) - MARIJUANA COMPANY OF AMERICA, INC. ("MCOA" or the "Company") (OTC PINK: MCOA), an innovative cannabis and hemp corporation, is pleased to announce that it has completed an investment of $250,000 into MoneyTrac Technology, Inc. ("MTT"), a subsidiary of Global Payout, Inc. (OTC PINK: GOHE), in exchange for a 15% ownership interest.

Marijuana Company of America Issues Correction to Previous Announcement on the Full Patent for Its HempSMART Brain CBD Product

2017-07-26 marketwired
ESCONDIDO, CA--(Marketwired - Jul 26, 2017) - MARIJUANA COMPANY OF AMERICA ("MCOA" or the "Company") (OTC PINK: MCOA), an innovative cannabis and hemp corporation, issues a correction to its previous announcement, "Marijuana Company of America Files for Non-Provisional Patent Protection on Its HempSMART™ Brain CBD Product" issued at 7:30 am Eastern Time today. (0-1)

State Tax Revenues Benefit from Legalized Cannabis Market

2017-07-26 prnewswire
According to a report from New Frontier Data, the legal cannabis market is expected to generate more tax revenue for states in the U.S. The U.S. cannabis market could generate $2.3 billion in state tax revenue from retail sales by 2020. The projection is based on the assumption for projected growth in all states currently legal for medical and recreational use of cannabis. According to the Colorado Department of Revenue tax data, dispensaries in Colorado, the first state in the United States to legalize cannabis, sold a record of $1.

Marijuana Company of America Files for Non-Provisional Patent Protection on Its HempSmart Brain CBD Product

2017-07-26 marketwired
ESCONDIDO, CA--(Marketwired - Jul 26, 2017) - MARIJUANA COMPANY OF AMERICA ("MCOA" or the "Company") (OTC PINK: MCOA), an innovative cannabis and hemp corporation, is pleased to announce that its wholly owned subsidiary, H Smart, Inc., has successfully filed for a full non-provisional patent with the U.S. Patent and Trademark Office, Appl. No. 87/531,833, for its proprietary Cannabidiol (CBD) formulation hempSMART™ Brain. (0-1)

Consumer Demand and Wave of Innovation in CBD Cannabis Market Exploding

2017-07-25 prnewswire
Multiple companies within the cannabis space are reporting record high revenues as the industry continues to rapidly evolve and CBD-based products are in hot demand with consumers. The Dept. of Justice's view of cannabis and legal marijuana operations appears to have had little effect on expanding growth in the market. New niches, products and areas of specialization continue to pop up for use in beverages, foods, recreational and medicinal uses for companies such as: PotNetwork Holding Inc.

CUSIP: 56782E105