CannabisNewsBreaks – Marijuana Company of America Inc.’s (MCOA) Strong Financial Performance Reflects Successful Diversification Capabilities, Organic Growth

Jan 14, 2022

Marijuana Company of America (OTC: MCOA) is uniquely positioned to benefit from the cannabis market’s growth and associated opportunities as more states and countries worldwide push for the legalization of cannabis. MCOA offers diverse operations that include its cDistro distribution company, as well as hempsmart(TM) and VBF brands, a premium CBD company and a cannabis nursery cultivation facility in Salinas, California, respectively. In addition, the company is building its portfolio of investments and joint ventures, representing the highest standards of professionalism and integrity in the legal cannabis and industrial hemp markets. “MCOA recently reported a significant milestone, reaching the highest quarterly revenue numbers since its inception, according to the company’s financial results report for the third quarter ending Sept. 30, 2021,” reads a recent article that also quotes MCOA CEO Jesus Quintero. “Our Q3 financial performance was strong and reflects our ability, despite being in a challenging environment, to execute on the strategy by diversifying within the cannabis industry through strategic acquisitions along with organic growth,” Quintero said. He further underlined that the company expects to drive continued growth across the entire business in the coming months.

To view the full article, visit https://cnw.fm/GFNLW

About Marijuana Company of America Inc.

Marijuana Company of America operates and invests in the cannabis sector directly. The company’s operations include C-Distro, one of the fastest growing distribution companies in the THC, Hemp and CBD cannabis industries, and hempsmart(TM), a premium CBD company. The company’s core mission is to leverage its experience and access to capital to identify and invest in acquisitions with unique growth potential. For more information, visit www.MarijuanaCompanyofAmerica.com.

NOTE TO INVESTORS: The latest news and updates relating to MCOA are available in the company’s newsroom at http://cnw.fm/MCOA

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 https://www.CannabisNewsWire.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

Do you have questions or are you interested in working with CNW? Ask our Editor

CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
[email protected]

CannabisNewsWire is part of the InvestorBrandNetwork.

More News
Google value plunges by $500bn as AI fears rattle Wall Street

Google value plunges by $500bn as AI fears rattle Wall Street

Google spooked investors so badly that its stock hit a six-month low, after it revealed its AI search summaries were affecting ad revenue.

Read more
Hurricane-fueled storms threaten parts of US as torrential downpours sweep in overnight

Hurricane-fueled storms threaten parts of US as torrential downpours sweep in overnight

A hurricane-fueled storm system is set to cause flooding and potentially make Halloween travel exceptionally dangerous.

Read more
Intel’s Shares Plunge 20% as A.I. Hinders Some Parts of Its Business

Intel’s Shares Plunge 20% as A.I. Hinders Some Parts of Its Business

The chipmaker, whose largest investor is the U.S. government, reported that the A.I. boom’s domino effect had hurt sales to personal computer makers.

Read more
After Reinventing Mathematics, Can A.I. Eradicate Computer Bugs?

After Reinventing Mathematics, Can A.I. Eradicate Computer Bugs?

Using the same techniques that allowed A.I. technologies to crack a million-dollar math problem, researchers are building new systems that aim to solve the world’s cybersecurity crisis.

Read more
Polymarket and Kalshi Turn Midterm Elections Into a Multimillion Dollar Market

Polymarket and Kalshi Turn Midterm Elections Into a Multimillion Dollar Market

Betting markets like Polymarket and Kalshi have transformed America’s democracy into a new kind of casino.

Read more
BBC Inside Science

BBC Inside Science

Time is running out for one of the most ambitious environmental pledges in history.

Read more
The New DNA Technology That Linked Ted Bundy to a 52-Year-Old Cold Case

The New DNA Technology That Linked Ted Bundy to a 52-Year-Old Cold Case

Software known as STRmix was instrumental in identifying Mr. Bundy’s DNA in a decades-old sample.

Read more
Nvidia Chief, Jensen Huang, Is Seen as Target of Chinese Spy Plot

Nvidia Chief, Jensen Huang, Is Seen as Target of Chinese Spy Plot

A Chinese businesswoman who had a close relationship with Jensen Huang was found to be passing intelligence to Beijing. President Trump was briefed and took no action.

Read more
Staggering 74.5% of NFL players who died from 2008 to 2023 likely had CTE, study finds

Staggering 74.5% of NFL players who died from 2008 to 2023 likely had CTE, study finds

A study of former NFL players who died from 2008 to 2023 estimates that 74.5% had CTE, accounting for bias in brain donations because the disease can be diagnosed only after death.

Read more
Australian actor dies after injecting peptides - in what is believed to be the nation's first death linked to the unapproved products

Australian actor dies after injecting peptides - in what is believed to be the nation's first death linked to the unapproved products

Australian actor Richard Norton's death was 'triggered by' his use of unapproved peptides, a coroner has ruled.

Read more
DoorDash to Buy Instacart for $17 Billion, Uniting 2 Delivery Giants

DoorDash to Buy Instacart for $17 Billion, Uniting 2 Delivery Giants

The deal combines the country’s largest restaurant delivery service with its biggest online grocery platform.

Read more
Monster of the deep: 'Beautiful and horrifying' barreleye fish is filmed in 4K for the first time

Monster of the deep: 'Beautiful and horrifying' barreleye fish is filmed in 4K for the first time

During a recent expedition off the coast of Central California, scientists from Monterey Bay Aquarium Research Institute encountered the fish 1,970 feet (600 metres) underwater.

Read more

YOUR NEWS, OUR NETWORK.

Do you have Great News you want to tell the world?

Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.

About Us

Delivering news from all over the globe, StarJournal keeps you abreast with the greatest minds in science, be it researchers, theorists or even popularizers.