Marijuana Company Of America Inc (MCOA) Insider Donald J. Steinberg Sells 1,499,830 Shares
Marijuana Company Of America Inc (NASDAQ:MCOA) insider Donald J. Steinberg sold 1,499,830 shares of Marijuana Company Of America stock in a transaction that occurred on Wednesday, August 23rd. The stock was sold at an average price of $0.03, for a total value of $44,994.90. Following the completion of the transaction, the insider now directly owns 555,785,578 shares in the company, valued at $16,673,567.34. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Shares of Marijuana Company Of America Inc (NASDAQ:MCOA) traded down 3.333% on Friday, reaching $0.029. The company’s stock had a trading volume of 2,382,845 shares. The firm’s market cap is $57.28 million. The company’s 50 day moving average is $0.03 and its 200-day moving average is $0.04. Marijuana Company Of America Inc has a 1-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.
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