MCOA Stock Up 13% Following Strong Q2 Results

MCOA Stock

Marijuana Company of America (OTCQB:MCOA) posted strong Q2 results this morning, boosting MCOA stock over 13%.

Most Successful Quarter to Date

MCOA 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 ...

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