NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Files Application to Uplist to OTCQB Venture Market

Innovative hemp and cannabis corporation Marijuana Company of America Inc. (OTC: MCOA) this morning announced that it has filed an application with the OTC Markets Group to uplist to the OTCQB Venture Market. Additionally, the company intends to file a Form S-1 with the Securities and Exchange Commission in conjunction with an anticipated equity line of financing that will allow MCOA, once the S-1 is effective, to raise up to $10 million. Per the update, the company’s application to uplist to the OTCQB Venture Market is a condition for both the equity line of financing and the Form S-1 registration statement. “Our goal is to obtain the necessary capital through our S-1 to capitalize on the host of opportunities available in the cannabis and hemp industry right now,” Donald Steinberg, president and CEO of MCOA, stated in the news release. “Also, moving to a higher OTC Markets reporting tier will help to provide better access to institutional investors, broaden our shareholder base, and provide greater credibility with the Company’s partners, clients, stakeholders, and customers, as well as with the wider investment community.”

To view the full press release, visit http://nnw.fm/rC2qB

About Marijuana Company of America Inc.

MCOA is a corporation which participates in: (1) product research and development of legal hemp-based consumer products under the brand name “hempSMART”, that targets general health and well-being; (2) an affiliate marketing program to promote and sell its legal hemp-based consumer products containing CBD; (3) leasing of real property to separate business entities engaged in the growth and sale of cannabis in those states and jurisdictions where cannabis has been legalized and properly regulated for medicinal and recreational use; and, (4) the expansion of its business into ancillary areas of the legalized cannabis and hemp industry, as the legalized markets and opportunities in this segment mature and develop. For more information, visit the company’s website at www.MarijuanaCompanyofAmerica.com

More from NetworkNewsBreaks

NetworkNewsBreaks – Earth Science Tech, Inc. (ETST) In Talks with CBD Grower & Processor About a Potential Exclusive Agreement NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Enters JV Targeting Mexican Medicinal Cannabis Market NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Posts Corporate Video Featuring its Refinery

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks 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, NNW 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. NNW 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, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive instant SMS alerts, text STOCKS to 77948

For more information please visit https://www.NetworkNewsWire.com

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

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

More News From The Sport Ship

Kashima beats Chivas 3-2, will meet Madrid at Club World Cup

Dec 15, 2018

AL AIN, United Arab Emirates — Japanese side Kashima Antlers beat Chivas of Mexico 3-2 on Saturday, advancing to a semifinal against Real Madrid at the Club World Cup. Ryota Nagaki canceled out Angel Zaldivar's early goal for Chivas and Kashima took the lead when Serginho converted a penalty in the 69th minute. Hiroki Abe assured the win with a goal in the 84th before Hugo Leonardo scored an own goal in stoppage time. Kashima will play Madrid on Wednesday. Madrid needed extra time to beat Kashima 4-2 in the 2016 final of the Club World Cup. Also, Al Ain...

Dutch edge Australia to face Belgium in field hockey final

Dec 15, 2018

BHUBANESWAR, India — The Netherlands knocked out defending two-time champion Australia in an epic semifinal to meet first-time finalist Belgium in the field hockey World Cup on Saturday. Australia's bid to become the first team to win three successive World Cups was undone in sudden death. The Kookaburras came back from 2-0 down with an equalizer 26 seconds from the end of normal time. In the shootout, both teams missed twice and finished 3-3, sending their semi to sudden death. Jeroen Hertzberger scored for the Dutch, but Daniel Beale's shot was saved by the stick of Dutch goalkeeper Pirmin Blaak....

Belgium into first Hockey World Cup semis; Dutch reach again

Dec 15, 2018

BHUBANESWAR, India — Belgium came from behind to beat Germany 2-1 and reach the field hockey World Cup semifinals for the first time on Thursday. Also, the Netherlands beat tournament host India 2-1 to face defending two-time champion Australia. Belgium will play England in the other semifinal on Saturday. Dieter Linnekogel scored at the end of the first quarter for Germany but Alexander Hendrickx leveled for Belgium in the second from a penalty corner. Tom Boon, one of seven Rio de Janeiro Olympic silver medallists in the lineup, scored the winner 10 minutes from time. The Netherlands-India quarterfinal played out...

Porto wins 3-2 at Galatasaray to finish CL group unbeaten

Dec 15, 2018

ISTANBUL — FC Porto finished the Champions League group phase with an unbeaten record after earning a 3-2 victory at Galatasaray on Tuesday. Porto entered the match in Istanbul having already clinched first place in Group D, and will advance to the round-of-16 on a run of five consecutive victories. The Portuguese leaders got goals from Felipe and Moussa Marega before halftime, with Sergio Oliveira adding another goal in the second half. Even so, they needed Galatasaray forward Sofiane Feghouli to miss a penalty to secure the win that gave them 16 points from the group. "We wanted to equal...

World champion Hamilton wins season-ending Abu Dhabi GP

Dec 15, 2018

ABU DHABI, United Arab Emirates — World champion Lewis Hamilton coasted to victory from pole position at the season-ending Abu Dhabi Grand Prix on Sunday. Having already secured a fifth F1 title, the British Mercedes driver beat Ferrari's Sebastian Vettel at the Yas Marina circuit to secure his 11th win of the season and 73rd of his career. It was a symbolic finish to a season where, again, he showed his superiority under pressure to beat Vettel into second place overall for the second straight year. Red Bull driver Max Verstappen finished third ahead of teammate Daniel Ricciardo for a...

About Us

We’re all about evolving the love of sports. With The Sport Ship, you can up your game and receive all the latest news about the sports world before anyone else.

Contact us: sales[at]thesportship.com

Subscribe Now!