Marijuana Company Of America Inc (NASDAQ:MCOA) insider Donald J. Steinberg sold 2,500,412 shares of the firm’s stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of $0.03, for a total transaction of $75,012.36. Following the completion of the sale, the insider now directly owns 553,285,748 shares in the company, valued at approximately $16,598,572.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Marijuana Company Of America Inc (MCOA) opened at 0.0276 on Wednesday. The company has a 50-day moving average of $0.03 and a 200 day moving average of $0.04. The firm’s market cap is $54.51 million. Marijuana Company Of America Inc has a one year high of $0.20.

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Marijuana Company Of America Company Profile

Marijuana Company of America, Inc, formerly Converge Global, Inc, is a development-stage company. The Company is a cannabis marketing and distribution company that distributes medical cannabis products. The Company provides product sourcing, branding, payment, distribution and knowledge through an architecture structure to maintain customer loyalty and capture market share.

Insider Buying and Selling by Quarter for Marijuana Company Of America (NASDAQ:MCOA)

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