Connect with us


Marijuana Company Of America Inc (OTCMKTS: MCOA) Embraces a Shift in Business Strategy as it Expands Operations into the Legalized Cannabis THC Industry



Marijuana Company Of America Inc (OTCMKTS: MCOA) believes that a shift in its business strategy and structure will make things work out for it. Analysts agree with the company’s move to expand into the Legalized Cannabis THC Industry. As a result, MCOA makes a direct investment in Natural Plant Extract (NPE), hoping to achieve monumental business success in the future.

Business moves

The formation of a joint venture with Cannabis Global Inc is a business collaboration that will enable them to undertake manufacturing activities at the Lynwood, CA facility. The plan will be to embark on the manufacture of licensed THC products. 

The formation of the joint venture isn’t the only thing, considering the new business colorations with Eco Innovation Group. However, it is a partnership that will see them develop critical extraction technology to facilitate eco-friendly THC extraction. They will also work with a corresponding machine towards the creation of significant value.

Quintero’s perspectives

The CEO of Marijuana Company of America, Inc, Jesus Quintero, has termed its latest moves historic, thanking everyone who has supported them in their business activities so far. He points out the employees’ hard work and dedication, outlining that their contributions have made it possible to be where they stand currently. 

The official has also thanked the shareholders for their trust and continued support, outlining that they form a significant part of its success today. He believes that they have gotten to a relatively excellent inflection point and projects great times ahead. 

 MCOA has been rather keen on identifying great and progressive opportunities. Part of those happens to be the new potential revenue-producing cannabis acquisitions that will enable the company to capture a massive and fast-expanding percentage of the market effectively.

Mr. Quintero opines, “We are confident these initiatives will allow us to better serve our customers, strengthen our vertical supply chain, accelerate the growth we have experienced in the recent past and position us to continue our organic growth.”

*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.


Business2 days ago

CytoDyn Inc (OTCMKTS: CYDY) Announces Study to Investigate Leronlimab for Triple-negative Breast Cancer Treatment

Post Views: 18 CytoDyn Inc (OTCMKTS: CYDY) has announced that there will be a study on the drug leronlimab and...

Business2 days ago

Curaleaf Holdings Inc (OTCMKTS: CURLF) Completes Acquisition of Los Sueños Farms

Post Views: 38 Curaleaf Holdings Inc (OTCMKTS: CURLF) has completed the acquisition of the most enormous outdoor grow in Colorado,...

Business2 days ago

BAE SYSTEMS ADR (OTCMKTS: BAESY) and Keep Scotland Beautiful Launch Cleaning Hub in Govan

Post Views: 14 BAE SYSTEMS ADR (OTCMKTS: BAESY), a designer, developer and manufacturer of aerospace systems used in space, land,...

Business2 days ago

Charlotte’s Web Holdings Inc (OTCMKTS: CWBHF) Announces it Will Expand Distribution Following Passing of Assembly Bill 45

Post Views: 10 Charlotte’s Web Holdings Inc (OTCMKTS: CWBHF) has announced that it will expand product distribution in California following...

Technology3 days ago

BAE Systems Inc. (OTCMKTS: BAESY) Granted five-year $68.5 Million Air Traffic Control Contract

Post Views: 12 BAE Systems Inc. (OTCMKTS: BAESY) has been picked for a 5-year $68.5M indefinite-quantity, indefinite-delivery contract enabling it...

Business3 days ago

CytoDyn Inc (OTCMKTS: CYDY) Announces Appointments of New Chief Operating Officer and Senior Executive Vice President

Post Views: 30 CytoDyn Inc (OTCMKTS: CYDY) has announced that it has appointed Nitya Ray, Ph.D., to act as its...