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Posted On: 06/24/2020 4:48:36 PM
Post# of 969
NetworkNewsBreaks – Marijuana Company of America, Inc. (MCOA) Enters Agreement with LA-Based White Lion for $10M Equity Line
Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, today announced its entry into an agreement with White Lion Capital, LLC (“White Lion”) for a $10,000,000 (ten million U.S. dollars) equity line of credit. White Lion, based out of Los Angeles, is a millennial run equity fund that makes investments into growing public companies. “We are very excited to acquire this new equity credit line as this will facilitate our efforts to execute our marketing strategies and Company projects. We have been working diligently to get all the pieces in place so that our roll-out will be smooth and unified,” MCOA Chief Marketing Officer Gloria Albarran Lynch said in the news release. “Our new product lines are positioned to engage a vast audience, both domestically and internationally. With the strength of the CBD wellness and beauty industry that is expected to grow beyond $25 billion globally in the next decade, we intend to take full advantage of this tremendous opportunity and take a leading position in this market.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, today announced its entry into an agreement with White Lion Capital, LLC (“White Lion”) for a $10,000,000 (ten million U.S. dollars) equity line of credit. White Lion, based out of Los Angeles, is a millennial run equity fund that makes investments into growing public companies. “We are very excited to acquire this new equity credit line as this will facilitate our efforts to execute our marketing strategies and Company projects. We have been working diligently to get all the pieces in place so that our roll-out will be smooth and unified,” MCOA Chief Marketing Officer Gloria Albarran Lynch said in the news release. “Our new product lines are positioned to engage a vast audience, both domestically and internationally. With the strength of the CBD wellness and beauty industry that is expected to grow beyond $25 billion globally in the next decade, we intend to take full advantage of this tremendous opportunity and take a leading position in this market.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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