MARIJUANA CO OF AMER INC - MCOA STOCK NEWS

Marijuana Company of America (OTC PINK:MCOA) has announced a Master Distribution Agreement with Mitra-9 Brands LLC, focusing on alcohol alternative beverages made from herbs Kava and Kratom. cDistro, MCOA's subsidiary, will distribute these products, tapping into a growing market where $7 billion has been added since 2018. Mitra-9 reports a 64% month-over-month sales growth and a strong early consumer loyalty with an 80% B2B sales share. The partnership aims to expand Mitra-9's market presence, projecting significant brand exposure and retail placement opportunities.

Marijuana Company of America (MCOA) has announced the reopening of its Regulation A offering on Form 1-A, which was qualified by the SEC on October 20, 2021. This initiative aims to further expand MCOA's footprint in the cannabis industry by strategically acquiring distressed cannabis companies. The company emphasizes its commitment to innovation, cooperative management, and capital efficiency to drive growth and long-term investment opportunities. Investors are encouraged to review risk factors as actual results may differ from the forward-looking statements made in the release.

Marijuana Company of America (MCOA) announced a Master Distribution Agreement through its subsidiary, cDistro, with Kind Grade, a Miami-based cannabis beverage company. This agreement focuses on launching and distributing the Cool Out Delta 8 Seltzers, which include flavors like Citrus, Mixed Berry, and Tropical. Each 12oz can contains 10mg of Delta 8 and is sugar-free, gluten-free, and zero calories. The move aims to tap into the growing cannabis beverage market, projected to reach USD $2.8 billion by 2025.

Marijuana Company of America (MCOA) announced the appointment of Marco Guerrero as a special advisor for its hempSMART division in South America. Guerrero will focus on expanding the company’s presence in Brazil, a growing market for CBD products. With a population exceeding 212 million, Brazil presents significant sales potential for MCOA's hempSMART products. This strategic move comes after Guerrero stepped down from the Board of Directors, emphasizing MCOA's commitment to market penetration in the Brazilian CBD sector, aligning with their growth strategy in emerging markets.

Marijuana Company of America (MCOA) announced a Master Distribution Agreement between its distribution arm cDistro and Mellow, a cannabis eCommerce firm. This partnership aims to distribute dosist health's award-winning CBD+ products in the UK and Europe. The agreement is significant as it taps into the rapidly growing vape and CBD markets, projected to reach $4.2 billion and $11 billion by 2025. CEO Jesus Quintero highlighted the importance of having a capable partner for expanding their international distribution.

Marijuana Company of America (MCOA) has communicated its recent achievements to shareholders, emphasizing a focus on strategic acquisitions to enhance revenue. A significant move is the approved 65-for-1 reverse stock split, aimed at consolidating shares to improve market value and strengthen negotiation positions for future acquisitions. Following this action, outstanding shares will reduce from approximately 12.38 billion to about 190.47 million. The company asserts that these steps will bolster shareholder value and marketability.

Marijuana Company of America (MCOA) will present at the LD Micro Invitational XII on June 8, 2022, at 5:00 pm PT. CEO Jesus Quintero will engage in one-on-one meetings and deliver a presentation detailing the company’s record revenue growth. MCOA aims to expand its operations through strategic acquisitions in both established and emerging markets, including Brazil and Uruguay. The event spans from June 7-9, 2022, at the Four Seasons Westlake Village, featuring over 200 companies.

Marijuana Company of America (MCOA) reported significant revenue growth in Q1 2022, achieving $561,321 compared to $34,930 in Q1 2021, a remarkable 1,507% increase, driven by the acquisition of cDistro. Gross profit also rose to $51,059 from $9,750. Despite a net loss reduction to $3,290,292, losses from continuing operations rose slightly. The company is focused on expanding into South America and pursuing strategic acquisitions. Total assets increased to $8,105,699.

Marijuana Company of America (MCOA) is focused on the cannabis sector, enhancing growth through acquisitions and expanding market reach. In 2021, the company reduced debt and operating expenses while generating significant revenue through strategic acquisitions, including cDistro, a key distributor for Hemp and CBD products. MCOA also plans to launch VapeTV in the U.S., emulating its success in the UK. In addition, MCOA aims to add cultivation operations and expand its hempSMART™ CBD products into Brazil and Uruguay as part of its growth objectives for 2022.