Mr. Jesus Quintero, Chief Executive Officer, will conduct one-on-one meetings during the conference and deliver the Company's in-person presentation which can be viewed live and via replay at the webcast link below.

Event: LD Micro Invitational XII

Event Date: June 7 - 9, 2022

Location: Westlake Village, CA

MCOA Presentation Time: June 8, 2022, at 5:00 pm Pacific time in Track Four

Webcast: ldinv12.mysequire.com

Note: Interested parties who want to watch virtually must register on the platform. If you do not want to participate, please send an email to registration@ldmicro.com and let us know ahead of time.

Jesus Quintero, CEO will provide updates on all MCOA initiatives, including its recent second consecutive quarter with record revenue growth. The Company expects its growth to continue to accelerate into the next quarter as MCOA continues to grow its business. Mr. Quintero will also discuss the Company's activity in strategic acquisitions that fall into diversified cannabis categories as it continues to pursue deals to build scale in its existing markets. The Company also continues to look at opportunities that will grow its national footprint in the U.S., as well as in emerging markets such as Brazil and Uruguay.

About Marijuana Company of America, Inc.

Marijuana Company of America (MCOA) operates, invests, and acquires exclusively companies in the cannabis sector. The Company is a multi-state (licensed) operator and the parent company within the cultivation, distribution, and international consumer product sectors.

Summary of LD Micro Invitational (XII)

The 2022 LD Micro Invitational will be held at the Four Seasons Westlake Village from June 7th to the 9th. This three-day, investor conference is expected to feature around 200+ companies, presenting in half-hour increments, as well as private meetings.

Forward-Looking Statements

This news release contains "forward-looking statements," which are not purely historical and may include statements regarding beliefs, plans, expectations, or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs, and results of new business opportunities and words such as "anticipate," "seek," "intend," "believe," "estimate," "expect," "project," "plan," or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company's" reliance on existing regulations regarding the use and development of cannabis-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K, our quarterly reports on Form 10-Q, and other periodic reports filed from time to time with the Securities and Exchange Commission.

For more information, please visit www.marijuanacompanyofamerica.com or visit www.sec.gov.

CONTACT:
info@marijuanacompanyofamerica.com
info@mcoainvestments.com
888-777-4362

SOURCE: Marijuana Company of America Inc.

Here are some of the notable highlights for the QTR 1 2022:

• The Company generated revenues of $561,321 and $34,930 for the three months ended March 31, 2022, and 2021, respectively. The increase of $526,391 or 1,507% is primarily attributed to the Company's new acquisition cDistro which distributes CBD and hemp products throughout the USA.
• Ongoing efforts continued to expand into South America and move key parts of the supply chain to Brazil and Uruguay to improve gross margins and overall profitability.
• For the three months ended March 31, 2022, and 2021, MCOA's gross profit was $51,059 and $9,750, respectively.
• MCOA continues the process of working with VBF Brands Inc. to close the Asset Purchase Agreement. VBF Brands, Inc. is a multi-licensed cannabis cultivation and distribution operation in Salinas, California. The facility provides superior efficiency and sustainable cultivation techniques that allow growers to access locally grown, high-quality clones to grow cannabis crops faster, ensuring greater yields.
• The Company's total assets increased to $8,105,699 as of the first quarter ended March 31, 2022.
• The Company's Net Loss for the 1^st Quarter ended March 31, 2022, decreased to $3,290,292 from $3,657,990 for the same period ended March 31, 2021.
• The Company was able to lower cash used in operating activities to $678,108 for the quarter ended March 31, 2022, compared to $962,359 used for the first quarter of 2021.

MCOA's Chief Executive Officer, Jesus Quintero, said, "This first quarter demonstrates that we are off to an exciting start of 2022. This represents our second consecutive quarter with record revenue growth. Our growth is expected to continue to accelerate into the next quarter as we continue to grow our business. We also remain active in strategic acquisitions that fall into diversified cannabis categories and continue to pursue deals to build scale in our existing markets while continuing to look at opportunities that continue to grow our national footprint in the U.S., as well as in emerging markets such as Brazil and Uruguay."

For the three months ended March 31, 2022, and 2021, gross profit was $51,059 and $9,750, respectively. This increase of $41,309 was primarily attributed to MCOA's hempSMART product rebranding and the Company's new acquisition cDistro which sells CBD and hemp products throughout the USA. Quintero added, "We continue to report positive results reflective of the business initiatives undertaken over the past year and we are excited to continue to expand our global market share."

For the three months ended March 31, 2022, and 2021, MCOA had net losses from continuing operations of $(835,794) and $(782,917), respectively, an increase of $52,877. This increase is due primarily to the effects of the restructuring of our sales team and strategies for 2022.

The Company has several potential targeted acquisitions in the pipeline that it is completing preliminary due diligence on and remains in aggressive growth mode. As the cannabis market matures, there are several distressed or mismanaged operational companies that the Company can acquire at a deep discount for mostly shares to help support the growth of the Company.

For further information on Form 10-Q, please visit www.sec.gov.

About Marijuana Company of America, Inc.

Marijuana Company of America (MCOA) operates, invests, and acquires exclusively companies in the cannabis sector. The Company is a multi-state (licensed) operator and the parent company within the cultivation, distribution, and international consumer product sectors.

Forward-Looking Statements

This news release contains "forward-looking statements," which are not purely historical and may include statements regarding beliefs, plans, expectations, or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs, and results of new business opportunities and words such as "anticipate," "seek," "intend," "believe," "estimate," "expect," "project," "plan," or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company's" reliance on existing regulations regarding the use and development of cannabis-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K, our quarterly reports on Form 10-Q, and other periodic reports filed from time to time with the Securities and Exchange Commission.

For more information, please visit www.marijuanacompanyofamerica.com or visit www.sec.gov.

CONTACT:
info@marijuanacompanyofamerica.com
info@mcoainvestments.com
888-777-4362

SOURCE: Marijuana Company of America, Inc.

Dear Shareholders,

As I reflect on 2021, we continue to recognize and show our appreciation to the many healthcare workers and companies that have worked to combat the COVID-19 pandemic. MCOA began to enter a phase of our Company's development that we believe will create significant value for shareholders and position the Company to take advantage of opportunities in the growing U.S. cannabis and CBD market worldwide. The Company operates, invests, and acquires companies exclusively in the cannabis sector, and is a multi-state distributor of non-THC cannabis products in the national and international consumer product sectors.

We are excited to have streamlined our businesses and expanded into consumer markets domestically as well as internationally. Our Company has begun its new path to growth and success. The new positive trend also complements the current political environment, as the U.S. Congress considers the legalization of Cannabis, and we are proud to support this trend.

We have been active in strategic acquisitions that fall into diversified cannabis categories. The Company continued to pursue deals to build scale in its existing markets while continuing to look at opportunities that continue to grow our national footprint in the U.S., as well as in emerging markets such as Brazil and Uruguay.

In 2021, we achieved important transformational milestones, which we believe created meaningful intrinsic value and helped to advance us toward our strategic goals. We reduced our debt and overall operating expenses and made significant acquisitions that have generated historic revenue for the Company.

In June 2021, we grew our operations and entered into the Nationwide Distribution business by acquiring cDistro, a leading nationwide distributor of a portfolio of trusted consumer Hemp & CBD branded products to more than 250 wholesalers, c-stores, specialty retailers, and dispensaries in North America. The Company utilizes a drop-ship fulfillment strategy to ensure efficiency, which contributes to greater overall margins. In addition, we plan to launch Vape TV, Inc. for the formation of a new in-store advertising business to be called VapeTV US, Inc. VapeTV UK is a leading European provider of in-house media for the vaping industry, providing in-store display systems for retail vape stores that run paid advertising content for consumer appreciation. VapeTV is currently installed in 1900 + stores in the UK, and we plan to replicate this same success in the U.S.

We are in the process of adding Cultivation to our business platform this year. The acquisition target is a multi-licensed cannabis cultivation and distribution operation that operates within a 10,000-square-foot greenhouse with strong existing repeat customers. Through this potential acquisition, we are excited at the possibility of providing superior efficiency and sustainable cultivation techniques that can provide growers with access to locally grown, high-quality clones to grow cannabis crops faster, and ensure greater yields.

In 2021, we expanded MCOA's consumer product sector business with our signature brand hempSMART™ CBD brand by selling products for the first time in Brazil and Uruguay. hempSMART™ is a premium CBD brand portfolio that we believe provides the purest, most effective, and best tasting products worldwide.

Our 2022 objectives include continuing to seek mergers and acquisitions, as well as strengthening our new businesses by streamlining operations and generating greater awareness. We also look forward to continuing to tell the MCOA story by participating in key cannabis investor conferences, broadening our media exposure, and continuing a transparent line of communication with our shareholders.

Like 2021, it continues to be an exciting time to be part of MCOA as we enter the middle of 2022 with a stronger balance sheet to accelerate our operations and continue to build shareholder value. Please be sure to visit our website at www.marijuanacompanyofamerica.com for more information.

We would like to thank our shareholders for your loyalty and ongoing support. We wish you all the very best for the remainder of 2022 and beyond.

Very truly yours,

Jesus M Quintero
Chairman of the Board and CEO

CONTACT:

Brenda Andrews, Communications Director
info@marijuanacompanyofamerica.com
info@mcoainvestments.com
888-777-4362

SOURCE: Marijuana Company of America, Inc.

The updated release reads:

LOS ANGELES, CA / ACCESSWIRE / April 26, 2022 / Marijuana Company of America, Inc. (OTC PINK:MCOA) ("the Company"), operates, invests, and acquires companies exclusively in the cannabis sector, today announced that it will be presenting at the Planet MicroCap Showcase 2022 at the Bally's Hotel & Casino in Las Vegas, NV on Wednesday, May 4, 2022 at 10 AM PT. Jesus Quintero, Chief Executive Officer will be hosting the presentation and answering questions from investors.

To access the live presentation, please use the following information:

Planet MicroCap Showcase 2022 in Las Vegas
Date: Wednesday, May 4, 2022
Time: 10:00 AM PT
Webcast: https://www.webcaster4.com/Webcast/Page/2862/45052

If you would like to book 1on1 investor meetings with Marijuana Company of America, Inc. and to attend the Planet MicroCap Showcase 2022, please make sure you are registered here: https://planetmicrocapshowcase.com/signup

1on1 meetings will be scheduled and conducted in person at the conference venue.

The Planet MicroCap Showcase 2022 website is available here: https://planetmicrocapshowcase.com/

If you can't make the live presentation, all company presentations "webcasts" will be available directly on the conference event platform on this link under the tab "Agenda": https://planetmicrocapshowcase.com/agenda

News Compliments of ACCESSWIRE

About Marijuana Company of America, Inc.

Marijuana Company of America (MCOA) operates, invests, and acquires exclusively companies in the cannabis sector. The Company is a multi-state (licensed) operator and the parent company within the cultivation, distribution, and international consumer product sectors.

For more information, visit: www.marijuanacompanyofamerica.com.

About SNN.Network

SNN.Network is your multimedia financial news platform for discovery, transparency and due diligence. This is your one-stop hub to find new investment ideas, check in on watchlist, gather the most up-to-date information on the Small-, Micro-, Nano-Cap market with the goal to help you towards achieving your wealth generation goals. Follow the companies YOU want to know more about; read and watch content from YOUR favorite finance and investing influencers; create YOUR own watchlist and screen for ideas YOU'RE interested in; find out about investor conferences YOU want to attend - all here on SNN.Network.

About Marijuana Company of America Inc.

Marijuana Company of America (OTC PINK:MCOA) operates, invests, and acquires companies exclusively in the cannabis sector. The Company is a multi-state (licensed) operator and the parent company within the cultivation, distribution, and international consumer product sectors.

For more information, visit: www.marijuanacompanyofamerica.com

If you would like to attend the Planet MicroCap Showcase, please register here: https://planetmicrocapshowcase.com/signup

Contact:

Name: Brenda Andrews
Phone: 619-807-1775
Email: brenda@mcoainvestments.com

SOURCE: Company Name via SNN Network

• Record revenues for the year end December 31, 2021 were $1,030,249 or an increase of 267.1 percent.
• The Company lowered its operating expenses by 2.2 percent by becoming more efficient and making better cash flow decisions.
• Significant efforts to expand into South America and move key parts of supply chain to Brazil and Uruguay to improve gross margins and overall profitability.
• MCOA paid off most variable priced convertible notes prior to conversion over the last quarter with funds raised from its Form S-1 registration statement.
• The Company successfully negotiated a full settlement of its largest senior convertible note holder at a fixed price, preserving shareholder value and minimizing the impact of the dilutive nature of the notes, resulting in a decrease of the derivative liability from $4,426,057 in 2020 to only $749,756 for the year ended December 31, 2021.
• MCOA has successfully negotiated and completed acquisitions including cDistro, Inc. that resulted in the Company's market capitalization increasing substantially during the year to enhance shareholder value.
• The Company's total stockholder equity increased from a negative $5,461,367 deficit for the year ended December 31, 2020 to an actual stockholder's surplus of $230,889. This is the first time in the Company's history that it has had a positive equity position and is solvent. The Company is getting close to being a "Penny Stock" exempt company, which requires more than $2M in net assets. It plans on achieving this milestone in Q2 or Q3 this year.
• The Company's total assets increased by $5,853,405 from $2,106,494 in 2020 to $7,959,899. The Company expects its assets to continue to increase exponentially if the pending acquisition of VBF closes, as well as with the continued increase in positive operating results.

Total revenues for the year end December 31, 2021 and December 31, 2020, were $1,030,249 and $280,653, respectively, an increase of $749,596 or 261%. This increase is attributed to the Company's hempSMART product lines and new line of businesses including cDistro, Inc., a distributor of hemp and CBD products, and equipment lease rental from new joint venture.

MCOA's Chief Executive Officer, Jesus Quintero, said, "We are excited to have commenced deployment of our new acquisitions, streamlining of our businesses and expansion into consumer markets domestically as well as internationally. Our Company has begun its new path to historical results and success. The new positive trends also complement the political market as the U.S. Congress drives toward the legalization of Cannabis, and we are proud to be part of this trend."

Quintero added, "This year we had been active in our acquisitions that fall into a few different cannabis categories. MCOA is currently in the process of finalizing the acquisition of VBF Brands, Inc., pending regulatory approval which we expect to complete in early 2022. The Company continued to pursue deals to build scale in its existing markets while continuing to look at opportunities that continue to grow our national footprint in the U.S. as an MSO, as well as in emerging markets such as Brazil and Uruguay. This is an exciting time to be part of MCOA, as we enter 2022 with a stronger balance sheet to accelerate our operations and continue to build shareholder value."

For the year ended December 31, 2021 and December 31, 2020, gross profit was $156,878 and $121,349, respectively. This increase was attributed to MCOA's hempSMART products and the cDistro, Inc. acquisition. Gross margins were 15.2% and 43.2% for the years ended December 31, 2021 and December 31, 2020, respectively. This decline in gross margins is due to cDistro being a distribution company that experiences slim margins as a reseller.

For the year ended December 31, 2021, operating losses were $4,711,133 which is a 2.2. percent decrease from operating losses of $4,854,891 for the year ended 2020. This decrease is attributed to the Company's ability to manage expenses and accordingly become more operationally efficient.

Net losses for the year ended December 31, 2021 and December 31, 2020 decreased by 28% to $10,191,450 for 2021 as compared to $12,145,382 in 2020. This represents a decrease in net losses of approximately $2M for the year ended December 31, 2021 as compared to December 31, 2022.

MCOA believes the reduced operating losses incurred in 2021, as compared to 2020, reflect the effectiveness of the Company's management team in 2021. MCOA expects to continue to reduce its losses as it continues to implement its plan for new sales strategies and cost-cutting measures in the near future until profitability is achieved. The Company plans on utilizing more funds from operations to cover its obligations rather than relying on dilutive equity and debt financing going forward.

For further information on Form 10-K, please visit www.sec.gov. Further details regarding the year ended 2021, will soon be made available in the investor relations section of the Company's website at www.marijuanacompanyofamerica.com.

Forward-Looking Statements

This news release contains "forward-looking statements," which are not purely historical and may include statements regarding beliefs, plans, expectations, or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs, and results of new business opportunities and words such as "anticipate," "seek," "intend," "believe," "estimate," "expect," "project," "plan," or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company's" reliance on existing regulations regarding the use and development of cannabis-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K, our quarterly reports on Form 10-Q, and other periodic reports filed from time to time with the Securities and Exchange Commission.

For more information, please visit www.marijuanacompanyofamerica.com or visit www.sec.gov.

CONTACT:
info@marijuanacompanyofamerica.com
info@mcoainvestments.com
888-777-4362

SOURCE: Marijuana Company of America Inc.

Jesus Quintero, the CEO, stated, "We look forward to presenting the MCOA story as we begin full deployment of our new acquisitions, streamlining of our businesses and expansion into consumer markets domestically as well as internationally."

Event: MCOA Presentation at the Sequire Cannabis & Psychedelics Conference
Date: Wednesday, April 20th, 2022
Time: 11:00 AM ET

Register to watch the presentation https://cannabis-conference22.mysequire.com/

We encourage investors to request 1x1 meetings with MCOA on the Sequire event website or info@mcoainvestments.com.

Summary of Sequire Cannabis & Psychedelics Conference

The Sequire Cannabis & Psychedelic Conference is back on Wednesday, April 20th, 2022. Hear from over 50 top public companies in the cannabis, CBD, and psychedelic space. The event will also host industry experts and special guests for keynotes and panels.

About Marijuana Company of America, Inc.

Marijuana Company of America (MCOA) operates, invests, and acquires exclusively companies in the cannabis sector. The Company is a multi-state (licensed) operator and the parent company within the cultivation, distribution, and international consumer product sectors.

For more information, visit: www.marijuanacompanyofamerica.com.

Forward-Looking Statements

This news release contains "forward-looking statements," which are not purely historical and may include statements regarding beliefs, plans, expectations, or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs, and results of new business opportunities and words such as "anticipate," "seek," "intend," "believe," "estimate," "expect," "project," "plan," or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company's" reliance on existing regulations regarding the use and development of cannabis-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K, our quarterly reports on Form 10-Q, and other periodic reports filed from time to time with the Securities and Exchange Commission.

For more information, please visit www.marijuanacompanyofamerica.com or visit www.sec.gov.

CONTACT:

info@marijuanacompanyofamerica.com
info@mcoainvestments.com
888-777-4362

SOURCE: Marijuana Company of America Inc.

Benzinga Cannabis Capital Conference is a premier event for cannabis investing and finance. MCOA's presentation will provide an overview of the MCOA's overall operations and its ongoing strategy to expand its business by organic growth and by acquisitions of synergistic and often undercapitalized assets existing today in the cannabis industry.

Jesus Quintero, CEO stated, "We are honored at the opportunity to present and participate with our partners at the Benzinga conference and we are excited to present the MCOA story as we begin full deployment of our new acquisitions, streamlining of our businesses and expansion into consumer markets domestically as well as internationally, our company begins its new path to historical results and success. This is also complemented by the new positive trends as the US Congress drives toward the legalization of CannabisCannabis and we are proud to be part of this trend."

Presentation Details:

What: Benzinga Cannabis Capital Conference - Marijuana Company of America, Inc. Presentation

Who: Jesus Quintero, Chairman, CEO, & CFO - Marijuana Company of America, Inc.

When: Wednesday, April 20th, 2022 - 2:40 - 3:00 PM/EST

Where: Fontainebleau Miami Beach: 4441 Collins Ave, Miami Beach, FL 33140

Presentation Location: Upper Lobby Level - Sparkle Ballroom East

About Benzinga Cannabis Capital Conference

Featuring live company presentations, insider panels, and unmatched access to networking, the Benzinga Cannabis Capital Conference is where cannabis executives and entrepreneurs meet. Join live in Miami at the Fontainebleau Miami Beach April 20-21, 2022, or tune in from anywhere using Benzinga's hybrid event software.

Click here to register for the complete In-Person or Virtual Benzinga Cannabis Capital Conference experience, featuring networking, one-on-one meetings, access to investors, and more.

About Marijuana Company of America, Inc. (OTC: MCOA)

Marijuana Company of America (OTC:MCOA) operates, invests, and acquires companies exclusively in the cannabis sector. The Company is a multi-state (licensed) operator and the parent company within the cultivation, distribution, and international consumer product sectors.

For more information, visit: www.marijuanacompanyofamerica.com.

Forward-Looking Statements

This news release contains "forward-looking statements," which are not purely historical and may include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs, and results of new business opportunities and words such as "anticipate," "seek," "intend," "believe," "estimate," "expect," "project," "plan," or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company's reliance on existing regulations regarding the use and development of cannabis-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K, our quarterly reports on Form 10-Q, and other periodic reports filed from time to time with the Securities and Exchange Commission.

For more information, please visit www.marijuanacompanyofamerica.com or visit www.sec.gov.

Contact:

info@marijuanacompanyofamerica.com
info@mcoainvestments.com
888-777-4362

SOURCE: Marijuana Company of America, Inc.

cDistro distributes CBD brands, along with smoke and vape shop-related products to wholesalers, c-stores, specialty retailers, and consumers in North America.

dosist is a globally recognized, modern wellness company empowering people to naturally manage their health & happiness through dose-controlled cannabinoid therapy. dosist is best known for its targeted formulas, proprietary award-winning dose-controlled devices, rigorous testing, use of medical grade and recyclable materials, and their obsession with providing consumers with a safe, natural experience, all now available in its CBD products under the brand dosist health.

dosist was named by Time Magazine as "cannabis that could replace pills", was recognized by Fast Company as a top 10 Most Innovative Companies in the health sector, and was named by LinkedIn as the #2 Top Startup on the top 50 list of hottest U.S. companies to work for. dosist health also recently won the ECRM Buyers' Choice Award for its CBD+ Vegan, Fast-Acting Gummies during ECRM's Hemp/CBD Health & Beauty Care forum held this past November.

cDistro will be distributing dosist health's complete collection of high concentration CBD+ formulas & products, specifically engineered to target the need-states of sleep, calm, and relief. The dosist health collection features three performance categories including dose drop CBD+ tinctures, a full suite of CBD+ fast-acting topical solutions, and their new rapid onset gummies that are vegan, non-GMO, and made with natural flavors.

"This agreement represents a tremendous opportunity for cDistro, and I look forward to working with dosist health and their award-winning product portfolio to provide industry-leading sales and service execution to some of the nation's largest and fast-growing smoke and vape shops, wholesalers, c-stores, specialty retailers and large retail chains," said Ron Russo, cDistro's President.

"We are extremely excited to add cDistro to our distribution network for dosist health," stated Jason DeLand, Co-founder, and Chairman of dosist. "cDistro is well-positioned to deliver an effective distribution strategy for our wellness portfolio, that will drive continued growth and penetration of dosist health at premium retail locations across the US."

DeLand was selected to both Adweek's list of "20 Most Influential People Under 40" as well as High Times "Top 100 Most Influential People in Cannabis." As the founder of the ad agency Anomaly and the popular dosist e-pen, he continues building leading brands in today's CBD marketplace.

Jesus Quintero, CEO of Marijuana Company of America, Inc. said, "We are delighted to be joining forces with Jason DeLand and his impressive dosist health portfolio. We have shared values around quality products and distribution and are confident that cDistro has the expertise and experience to bolster sales and to continue to grow the CBD category. Our subsidiary cDistro identified CBD demand and did its due diligence to find a trustworthy brand capable of meeting and maintaining the high standards of quality expected at MCOA. Together we are well-positioned to supply a wide variety of retail partners the full range of dosist health CBD products."

Quintero added, "This Agreement with dosist health further validates MCOA's ability to find ways to drive expansion into new areas within the Cannabis industry. This along with our acquisition of cDistro; international expansion with our premium Hemp & CBD Hempsmart™ products, as well as cultivation with the recent acquisition of a cannabis nursery cultivation facility in Salinas, California is both a cultivator and distributor, has positioned MCOA for expected significant growth in 2022 and beyond."

About Marijuana Company of America, Inc. (OTC: MCOA)

Marijuana Company of America operates and invests in the cannabis sector directly. The Company's wholly-owned operations include:

• CDistro is one of the THC, Hemp & CBD cannabis industries' fastest growing distribution companies.
• hempsmart™, a Premium CBD company.
• VBF Brands, Inc., a cannabis nursery cultivation facility in Salinas, California is a cultivator and distributor utilizing its own growing systems to produce desirable cannabis clones.

The company's core mission is to leverage its experience, and access to capital to identify and invest in acquisitions with unique growth potential in the cannabis and CBD marketplace. For more information visit: www.marijuanacompanyofamerica.com.

About cDistro

cDistro (Retail Service / Wholesale Prices) distributes CBD brands, along with smoke and vape shop-related products to wholesalers, c-stores, specialty retailers, and consumers in North America. For more information visit: www.cdistro.com.

About dosist health

dosist™, based in Los Angeles, California, launched in 2016 and has since become known as a disruptor in both the cannabis and health & wellness industries. dosist was named one of Time Magazine's Best Inventions, was recognized by Fast Company as one of the Top 10 Most Innovative Companies in the health sector, and was designated by LinkedIn as the number two Top Startups: Hottest U.S. Companies To Work For Now. The company launched its dosist health category in late November 2020, expanding its reach across the wellness sector with a new range of CBD+ formulas and products available through its direct-to-consumer platform and at key retailers nationwide. dosist health focuses on quality-of-life wellness solutions leveraging advanced CBD+ formulations to reclaim Sleep, Calm, and Relief through sublingual, topical, and ingestible product ranges. For more information about dosist health visit the website at dosisthealth.com.

Forward-Looking Statements

This news release contains "forward-looking statements," which are not purely historical and may include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs, and results of new business opportunities and words such as "anticipate," "seek," "intend," "believe," "estimate," "expect," "project," "plan," or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company's reliance on existing regulations regarding the use and development of cannabis-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K, our quarterly reports on Form 10-Q, and other periodic reports filed from time to time with the Securities and Exchange Commission.

For more information, please visit www.marijuanacompanyofamerica.com or visit www.sec.gov.

Contact:

info@marijuanacompanyofamerica.com
info@mcoainvestments.com
888-777-4362

SOURCE: Marijuana Company of America, Inc.

cDistro (Retail Service / Wholesale Prices) distributes CBD brands, along with smoke and vape shop related products to wholesalers, c-stores, specialty retailers, and consumers in North America.

cDistro will initially be selling and distributing the Realize Hemp Drink's Raspberry Drink Mix (5MG THC + 50MG CBD per drink) and new Citrus-Mango Drink Mix (10MG THC + 50MG CBD per drink).

Realize Hemp Drinks are made with CBD & THC, derivatives of hemp. The drinks are legal due to the 2018 Farm Bill that removed hemp products containing less than 0.3% THC from the Controlled Substances Act. Realize's Raspberry Drink Mix is well below the legal limit of 0.3% THC making it federally legal to buy (Reference: 2018 Farm Bill (Sections 10113, 10114, 12610).

MCOA indicated plans to have all Realize Hemp Drinks products third party tested to ensure that it remains in complete compliance with the Federal 2018 Farm Bill.

According to Fortune Business Insights report, titled, "Cannabis Beverages Market, 2021-2028.," The global cannabis beverages market size was USD 574.90 million in 2020. The market is slated to grow from USD 915.06 million in 2021 to USD 19,063.58 million in 2028 at a CAGR of 54.31% in the 2021-2028 period.

According to Jesus Quintero, CEO and Chairman of MCOA, "We are excited for cDistro to begin its sales and distribution efforts on behalf of Realize Hemp Drinks. Once again as part of our new initiatives, this represents our growth, and the overall roll we play as an intrinsic part of the future in the cannabis marketplace. We are thrilled to introduce innovative new products to the cannabis community and directly to cDistro's nationwide retail customers. As the cannabis market continues its expansion into various sectors, we are poised to meet the needs of the market at every point."

"At the October 2021 USA CBD Expo (now the Alternative Products Expo), the Realize Raspberry Drink Mix was awarded the ‘Most Innovative CBD Product' and we are excited to provide Realize Hemp Drinks with industry-leading sales and service execution to the nation's largest and fast-growing national leaders in the retail channel," said Ron Russo, cDistro's President.

According to Realize Hemp Drinks, "We have been impressed with cDistro' commitment to distributing and selling unique and strong brands in the industry. We are very excited to team with cDistro to immediately impact our explosive growth."

About Marijuana Company of America, Inc. (OTC: MCOA)

Marijuana Company of America operates and invests in the cannabis sector directly. The Company's wholly owned operations include:

• CDistro, one of the THC, Hemp & CBD cannabis industries fastest growing distribution companies.
• hempsmart™, a Premium CBD company.
• VBF Brands, Inc., a cannabis nursery cultivation facility in Salinas, California that is a cultivator and distributor utilizing its own growing systems to produce desirable cannabis clones.

The company's core mission is to leverage its experience, and access to capital to identify and invest in acquisitions with unique growth potential in the cannabis and CBD marketplace. For more information visit: www.marijuanacompanyofamerica.com.

About cDistro

cDistro (Retail Service / Wholesale Prices) distributes CBD brands, along with smoke and vape shop related products to wholesalers, c-stores, specialty retailers, and consumers in North America. For more information visit: www.cdistro.com.

About Realize Hemp Drinks and Patent Pending Technology

Founded in 2014, Realize creates award winning drinks with a mission to make cannabis drinks available to every adult. Each product batch is third party tested to certify the purity, potency and integrity of products prior to entering the market.

The Company also has a Patent Pending for its Technology. The Company's emulsion delivery system rapidly increases the absorption of CBD and THC and has been proven to increase absorption up to 100 times and achieve product onset in 15 -30 minutes. For more information visit: www.realizedrinks.com.

Forward-Looking Statements

This news release contains "forward-looking statements," which are not purely historical and may include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs, and results of new business opportunities and words such as "anticipate," "seek," "intend," "believe," "estimate," "expect," "project," "plan," or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company's reliance on existing regulations regarding the use and development of cannabis-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K, our quarterly reports on Form 10-Q, and other periodic reports filed from time to time with the Securities and Exchange Commission.

For more information, please visit www.marijuanacompanyofamerica.com or visit www.sec.gov.

Contact
Realize Hemp Drinks
hi@realizehempdrinks.com
707-344-9622

MCOA
info@marijuanacompanyofamerica.com
info@mcoainvestments.com
888-777-4362

SOURCE: Marijuana Company of America, Inc.

Based on the activity since the acquisition was consummated in Q3 2021, MCOA expects this transaction will continue to be highly accretive to the Company's EBITDA expectations for 2022 and will work towards increasing production at a nearby Salinas based facility that also offers exponential growth opportunities with other nearby land and facilities.

California continues to be the country’s largest legal cannabis market and offers tremendous market potential for MCOA with this acquisition that includes cannabis nursery, cannabis manufacturing/distribution and cultivation licenses.

Jesus Quintero, CEO of Marijuana Company of America, Inc. stated, “The acquisition of VBF Brands, Inc. perfectly encapsulates MCOA’s strategy to expand our business by organic growth and acquisitions of synergistic and often undercapitalized assets existing today in the Cannabis industry. We are confident that by providing this entity with capital and operational depth to the already impressive operations will increase the capacity, and greatly bolster our position in the California Cannabis market."

VBF brands, Inc. has been a cultivator and distributor in Salinas, California, for the past two years and utilizes its own growing systems to produce popular cannabis clones that are proprietary certified clean, designed to assist growers by reducing uncertainty and enhancing the likelihood of a successful cultivation harvest. Cannabis clones carry the exact same genetic potential as their mother plant and have similar cannabinoid and terpene profiles when grown properly. When clones are selected from healthy, high-quality mother plants, they also inherit their vigor, and natural resistance to mold, mildew, and pests.

Quintero added, “We are especially intrigued with this acquisition because of VBF’s reputation for high-quality clones and its unique use of its growing space. The Company employs a three-tiered growing system, thereby maximizing the square footage of its Salinas, California, facility. Few growers offer the efficiency of VBF Brands, Inc., which provides greater efficiency and sustainable cultivation techniques to provide growers with access to locally grown, high-quality clones to grow cannabis flower. Clones are made in an expedient manner and sold for use to other cannabis flower growers that now don’t have to wait six months to cultivate and sell.”

This latest acquisition exemplifies MCOA’s commitment to grow its business while remaining fiscally prudent and further establish itself as a leader in the legalized cannabis THC, hemp & CBD industries. MCOA offers unique and diversified exposure to the global cannabidiol sector and fully intends to continue expanding its footprint with investments and collaborations with both new and existing strategic partners as well as spur organic growth from synergistic acquisitions.

Marijuana Company of America offers the highest quality premium-brand products and the opportunity to be at the vanguard of growth and innovation in the legal cannabis and industrial hemp industries.

We are excited about the growth potential with our partners at SIGO that we acquired from VBF as we work to significantly expand our footprint in Salina. MCOA has the option to acquire 51% of SIGO’s new cannabis growth facility that is significantly larger than the current clone facility operated by VBF. The new facility is obtaining licenses for mass cultivation, manufacturing, and distribution and should have projected annual income after the first year of operations of over $30M.

About Marijuana Company of America, Inc.
Marijuana Company of America (MCOA) invests in the cannabis sector directly. The company’s operations include C-Distro, one of the THC, Hemp & CBD cannabis industries fastest growing distribution companies, and hempsmart™, a Premium CBD company. The company's core mission is to leverage its experience, and access to capital to identify and invest in acquisitions with unique growth potential.

Forward-Looking Statements
This news release contains 'forward-looking statements,' which are not purely historical and may include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs, and results of new business opportunities and words such as 'anticipate,' 'seek,' 'intend,' 'believe,' 'estimate,' 'expect,' 'project,' 'plan,' or similar phrases may be deemed 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company's reliance on existing regulations regarding the use and development of cannabis-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K, our quarterly reports on Form 10-Q, and other periodic reports filed from time to time with the Securities and Exchange Commission.

For more information, please visit www.marijuanacompanyofamerica.com or visit www.sec.gov.

CONTACT:

info@marijuanacompanyofamerica.com
info@mcoainvestments.com
888-777-4362

Corporate Communications:
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Los Angeles, California
www.InvestorBrandNetwork.com
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