MCOA Announces Shift in Business Strategy As It Launches Into Legalized Cannabis THC Industry

LOS ANGELES, CA / ACCESSWIRE / August 12, 2021 / Marijuana Company of America, Inc. (OTC PINK:MCOA) (“the Company”), a diversified holding firm with operations and investments all through the hashish trade, at the moment introduced a strategic shift in its enterprise technique because it enters into the Legalized Cannabis THC Industry. This transfer is mirrored by potential acquisitions in addition to not too long ago acquired MCOA asset, cDistro, distributor of CBD manufacturers, together with smoke and vape store associated merchandise to wholesalers, c-stores, specialty retailers, and shoppers in North America.”Our entry again into the legalized hashish THC trade is a historic day for our firm,” stated Jesus Quintero, CEO of Marijuana Company of America, Inc. “Everyone in our group has performed a important position in this journey to the place we stand at the moment, and it is just by the laborious work and dedication of our staff in addition to the help of our loyal shareholders, that we’ve been in a position to attain this inflection level. MCOA has already recognized and anticipates closing on new potential income producing hashish acquisitions that may permit us to quickly seize a big and rising proportion of the market share because of two key aggressive benefits, MCOA’ s distribution coupled with the huge expertise and data of the Cannabis trade.”MCOA believes that the chance to broaden its enterprise will create a compelling construction that may allow a number of goal firms to go public, thereby accessing important capital for each natural development and acquisitions of synergistic and sometimes undercapitalized belongings.”This offers a novel alternative to speculate in capital constrained companies in defensible positions. We are assured these initiatives will permit us to higher serve our clients, speed up the expansion we’ve skilled in the latest previous and place us to proceed our natural development. We sit up for serving extra clients in the longer term, in addition to to reaching worthwhile development of the corporate,” concluded Mr. Quintero.Story continuesAbout Marijuana Company of America, Inc.Marijuana Company of America is a diversified holding firm with operations and investments all through the hashish trade. MCOA focuses on acquisitions, in addition to gross sales and advertising and marketing efforts of its wholly owned subsidiaries cDistro Distributor and hempsmart™ premium model of hemp-based CBD (authorized cannabidiol) merchandise.About hempSMARThempSMART™ gives an in depth full line of premium CBD natural merchandise which are scientifically pushed and double lab examined to make sure purity and efficiency. The Company will direct the sale of its merchandise to wholesalers, distributors, the medical group, on-line e-commerce shopper platforms, and a confirmed community internet affiliate marketing program. The Company has additionally launched worldwide gross sales, manufacturing, and advertising and marketing growth.About cDistrocDistro (Retail Service / Wholesale Prices) distributes CBD manufacturers, together with smoke and vape store associated merchandise to wholesalers, c-stores, specialty retailers, and shoppers in North America.Forward-Looking StatementsThis information launch comprises “forward-looking statements,” which aren’t purely historic and should embrace any statements relating to beliefs, plans, expectations, or intentions relating to the longer term. Such forward-looking statements embrace, amongst different issues, the event, prices, and outcomes of latest enterprise alternatives and phrases corresponding to “anticipate,” “search,” “intend,” “consider,” “estimate,” “anticipate,” “undertaking,” “plan,” or related phrases could also be deemed “forward-looking statements” inside the which means of the Private Securities Litigation Reform Act of 1995. Actual outcomes may differ from these projected in any forward-looking statements because of quite a few elements. Such elements embrace, amongst others, the inherent uncertainties related to new initiatives, the longer term U.S. and international economies, the impression of competitors, and the Company’s reliance on current laws relating to the use and growth of cannabis-based merchandise. These forward-looking statements are made as of the date of this information launch, and we assume no obligation to replace the forward-looking statements, or to replace the the reason why precise outcomes may differ from these projected in the forward-looking statements. Although we consider that any beliefs, plans, expectations, and intentions contained in this press launch are cheap, there will be no assurance that any such beliefs, plans, expectations, or intentions will show to be correct. Investors ought to seek the advice of the entire data set forth herein and also needs to discuss with the chance elements disclosure outlined in our annual report on Form 10-Okay, our quarterly reviews on Form 10-Q, and different periodic reviews filed every so often with the Securities and Exchange Commission.For extra data, please go to or go to[email protected]@mcoainvestments.com888-777-4362SOURCE: Marijuana Company of America, Inc.View supply model on

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