AUSTIN, Texas, Oct. 22, 2020 (GLOBE NEWSWIRE) -- SmallCapVoice.com, Inc. (“SCV”) today announced the availability of a recent interview with the leadership of Marijuana Company of America Inc. (“MCOA” or the “Company”) (OTC: MCOA), an innovative hemp corporation. The interview outlines the development of MCOA’s work with Cannabis Global, Inc. (OTC: CBGL), a cannabinoid and hemp extract science company developing infusion and delivery technologies, the evolution of the Company to date, and the goals for the remainder of 2020 and beyond.
Speaking with SCV’s Stuart Smith, Hymers and Quintero explain the genesis and story behind the recent transition in management and how Quintero’s team has put MCOA on the path to increased international expansion and creative new product offerings. MCOA is a pioneer in the CBD market allowing them unique market penetration in a crowded market. In 2020, amidst a global pandemic, the Company was able to reduce expenses and overhead. The new management team is credited with reducing the burn rate by over 50% since taking over in late 2019.
MCOA’s broader growth strategy is to respond to growing interest in its hempSMART™ CBD products and to increase its penetration of the markets it currently serves in the United States and abroad. MCOA manufactures all its products in-house and goes to great lengths to ensure their products are of the highest quality.
“To continue penetrating and expanding our reach in South America and Europe is our primary goal in 2021,” Quintero tells Smith. “To achieve this, we will utilize our existing contacts and relationships in Latin America. We are looking to take advantage of these new markets that are hungry for our hempSMART™ CBD products. There is a lot to be excited about from both a top-line and bottom-line perspective for MCOA here in 2020 as well.” Mr. Quintero added, “The Company is ideally positioned for scale and growth. We are thankful for the opportunity to share our story with our shareholders and the SmallCapVoice.com listening audience.”
The full interview can be heard at: https://www.smallcapvoice.com/interview-marijuana-company-of-america-mcoa/.
About Marijuana Company of America, Inc.
MCOA is an emerging industry leader with focus in product development and sales & marketing with its proprietary botanical ingredients legal hemp-based cannabidiol (“CBD”) quality products under the brand name “hempSMART™”. The Company’s premium quality products are double lab tested for purity and potency and sold to wholesalers, distributors, via online e commerce consumer platform, and a proven network affiliate marketing program. The Company recently announced plans for international sales, production, and marketing expansion.
For more information, please visit: https://www.marijuanacompanyofamerica.com/
About SmallCapVoice.com
SmallCapVoice.com, Inc. is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies, small cap and micro-cap stocks build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, podcasts, as well as its clients’ financial news releases. SmallCapVoice.com also offers individual investors all the tools they need to make informed decisions about the stocks in which they are interested. Tools like stock charts, stock alerts, and Company Information Sheets can assist with investing in stocks that are traded on the OTCMarkets. To learn more about SmallCapVoice.com and its services, please visit https://www.smallcapvoice.com/small-cap-stock-otc-investor-relations-financial-public-relations/.
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Forward-Looking Information
This news release contains “forward-looking statements” which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as “anticipate”, “seek”, “intend”, “believe”, “estimate”, “expect”, “project”, “plan”, or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of cannabis-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.
MCOA Contact:
Tel: 888-777-4362
Email: info@mcoainvestments.com
SmallCapVoice.com Contact:
Stuart T. Smith
512-267-2430
Info@SmallCapVoice.com
Source: SmallCapVoice.com