NetworkNewsBreaks – Marijuana Company of America
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Posted On: 11/18/2021 3:22:26 PM
NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Achieves Highest Quarterly Revenue Since Inception in Q3 2021
Marijuana Company of America (OTC: MCOA), a diversified holding company with operations and investments throughout the cannabis industry, today announced its financial results for the third quarter and nine months ended Sept. 30, 2021, which reflected the highest quarterly revenue reported in the company’s history. Total revenues for the three months ended Sept. 30, 2021, were $442,178, an increase of $388,983 from the same period in 2020. The company attributed the increase mainly to $407,246 of product sales from its new acquisition of cDistro, which began full operations during the quarter ended Sept. 30, 2021. “During the third quarter 2021, despite the fact that we have been in the midst of a global pandemic, the company produced the highest revenues in its history,” said Jesus Quintero, CEO of Marijuana Company of America. “Our Q3 financial performance was strong and reflects our ability, despite being in a challenging environment, to execute on the strategy by diversifying within the cannabis industry through strategic acquisitions along with organic growth.”
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 (OTC: MCOA), a diversified holding company with operations and investments throughout the cannabis industry, today announced its financial results for the third quarter and nine months ended Sept. 30, 2021, which reflected the highest quarterly revenue reported in the company’s history. Total revenues for the three months ended Sept. 30, 2021, were $442,178, an increase of $388,983 from the same period in 2020. The company attributed the increase mainly to $407,246 of product sales from its new acquisition of cDistro, which began full operations during the quarter ended Sept. 30, 2021. “During the third quarter 2021, despite the fact that we have been in the midst of a global pandemic, the company produced the highest revenues in its history,” said Jesus Quintero, CEO of Marijuana Company of America. “Our Q3 financial performance was strong and reflects our ability, despite being in a challenging environment, to execute on the strategy by diversifying within the cannabis industry through strategic acquisitions along with organic growth.”
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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