Marijuana Company of America and Cannabis Global in Joint Shareholder Letter Addressing National Cannabis Market ESCONDIDO, Calif., Dec. 03, 2020 (GLOBE NEWSWIRE) -- MARIJUANA COMPANY OF AMERICA INC. (“MCOA” or the “Company”) (OTC: MCOA), an innovative hemp and cannabis corporation, today announced a joint letter to shareholders of the Company and its recent share exchange partner Cannabis Global, Inc. Dear Shareholders of Marijuana Company of America and Cannabis Global: As we have discussed with many of you, Marijuana Company of America, Inc. (OTC:MCOA) and Cannabis Global, Inc. (OTC:CBGL) recently entered into an agreement where each became the largest shareholder of the other. Thus, CBGL owns 650 million shares of MCOA and MCOA owns just over 7.2 million shares of CBGL. The Companies engaged in this transaction to promote the growing common interests and collaborations between these two pioneering cannabis and CBD operations. Continue Reading |