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.

TRADEMARK VIOLATION NOTICE: This article was first reported by Watch List News and is the property of of Watch List News. If you are reading this article on another domain, it was copied illegally and reposted in violation of U.S. & international trademark and copyright laws. The correct version of this article can be read at

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)

Receive News & Ratings for Marijuana Company Of America Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marijuana Company Of America Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.