Marijuana Company of America (OTCQB:MCOA) posted strong Q2 results this morning, boosting MCOA stock over 13%.
Most Successful Quarter to DateMCOA reported that the total revenue of its hempSMART™ CBD products was $208,580 USD for the second quarter, compared to $28,435 USD for the same period last year, which represents a significant increase of 633.5% year-over-year.
The company also reported gross profit grew by 86% from $24,271 USD to $179,441 USD, and a substantial decrease in net loss, falling from $7,645,404 USD to $419,624 USD. This morning’s financial results represent the most successful ...
Get the latest marijuana stock news, cannabis on stock news on PotStockNews
All content provided by Pot Stock News is subject to our Terms Of Use and Disclaimer.