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Eco Innovation and Marijuana Company of America Deepen Partnership Around Supercritical Extraction Technology Through Share Exchange Agreement
Posted on Thursday March 04, 2021

VAN NUYS, Calif., March 04, 2021 (GLOBE NEWSWIRE) -- Eco Innovation Group, Inc. (OTC: ECOX) ("ECOX" or the "Company"), an innovative company aggregating investments in new technologies that promote environmental and social well-being and the advancement of green energy solutions, is pleased to announce the signing of a Share Exchange Agreement (the “Agreement”) with Marijuana Company of America (OTC: MCOA) (“MCOA”). The Agreement represents the shared commitment by both companies to drive further strategic value by deepening the cooperative relationship between the two companies through a mutual investment. Board votes were unanimously in favor of the Agreement for both companies. This Agreement follows the Company’s January 28, 2021 announcement of the signing of an exclusive license agreement with Glytech, LLC (“Glytech”) to use and market Glytech’s specialized supercritical extraction technology for bioactive compounds. Glytech’s technology has strong application for CBD and licensed marijuana extraction and utilizes a non-CO2 solvent to extract valuable bioactive compounds from plant-based materials to create a fluid output that is superior in viscosity to the output of standard CO2-based extraction methods. The nontoxic and natural focus of this extraction methodology is in-line with ECOX’s core philosophy of promoting social well-being and environmentally friendly technology. “We see a number of strong synergies to be gained from a deeper strategic association with MCOA and its wide distribution footprint and commercial engagement with natural wellness including hemp-based extraction,” noted Julia Otey-Raudes, President and CEO of Eco Innovation Group. “Our recent exclusive license agreement with Glytech has opened the door to an expanded range of strategic options with companies, both in the US and Canada, seeking an edge in market-leading extraction technology for products derived from CBD and licensed marijuana. This gives us exposure to a rapidly growing space while making use of our proprietary licensed technology.” According to the Agreement, Marijuana Company of America issued $650k in MCOA common stock to Eco Innovation Group on March 1, 2021 in exchange for $650k in ECOX common stock, with the number of shares being determined by a reference price based on recent trading activity, as established in the Agreement. Please review the 8-K filing that both Company’s made with the Securities and Exchange Commission at the following links for more details: https://www.sec.gov/Archives/edgar/data/1144169/000107997321000139/ecox_8k.htmhttps://www.sec.gov/Archives/edgar/data/1078799/000107997321000131/mcoa_8k-030221.htm About Eco Innovation Group Eco Innovation Group was founded by Inventors and Business Professionals to help nurture and catalyze the most innovative and impactful products and services, and to deliver those innovations to the world, improving the quality of life in our communities and the world around us, while delivering value to our shareholders. At ECOX, we are dedicated to developing and commercializing successful products. But we will never lose sight of the fact that we exist, first and foremost, to help people and improve life on the planet we all share. We take our Social Responsibility Contract seriously in all our endeavors. It is not only what we do. It is who we are. For more information, visit www.ecoig.com. FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance. Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this report. Corporate Contact:Eco Innovation Group, Inc.Julia.Otey@ecoig.com www.ecoig.com Public Relations:EDM Media, LLChttps://edm.media(800) 301-7883


Jesus Quintero, CEO of Marijuana Company of America Inc., Discusses Potential of Recent Developments in Audio Interview with SmallCapVoice.com
Posted on Thursday March 04, 2021

AUSTIN, Texas, March 04, 2021 (GLOBE NEWSWIRE) -- SmallCapVoice.com, Inc. (“SCV”) today announced the availability of a new interview with the Jesus Quintero, CEO of Marijuana Company of America Inc. ("MCOA" or the "Company") (OTC: MCOA), an innovative hemp corporation. The interview focusses on the buildout of the new eCommerce sales model, the rebranding initiative that will emphasize the Company’s promotion of a healthy lifestyle, emphasizing mental and physical wellness, through its hempSMART™ CBD products, upcoming global expansion which is now bolstered with the signing of a non-exclusive logistics and distribution agreement with Fulfillment.com, an award-winning order fulfillment company serving high-volume national and global ecommerce brands, and more. While updating investors on the recent moves and the goals for the Company in 2021, Quintero tells Smith, “We have made great strides towards reducing our overall debt and overhead. Our new eCommerce platform emphasizes a leaner model with larger margins. More than that, we are maturing as a Company. We want to enrich the lives of our customers and our shareholders. We want to build a community that holds everyone in high regard. The global pandemic has isolated people. However, through our updated and enhanced social platforms we are reaching to let everyone know that you are not alone, and we are in this together.” Quintero discusses how MCOA’s share exchange program with Cannabis Global Inc. (OTC: CBGL) has strengthened both companies’ balance sheets, as well as their ability to gain greater market traction and expand operations. That is just the beginning Quintero stresses, “It is more than just a share exchange. It is each company leveraging their core competencies to bring out the best for our shareholders. That is why I am so excited about the work we have launched with Eco Innovation Group, Inc. (OTC: ECOX), an innovative company aggregating investments in new technologies that promote environmental and social well-being, and the advancement of green energy solutions. We have strong synergies with ECOX and look forward to leveraging their recently acquired exclusive rights to a disruptive solution that holds the potential to upend traditional sourcing methods for extraction from medicinal plants and flowers for the holistic, cosmetics, and food markets.” Quintero concluded, “We continue to be very optimistic about a national cannabis market here in the U.S.A. As I have said before, we are committed to establishing ourselves as the premier source of quality in cannabis products, processes, distribution, and development.” The full interview can be heard at: https://www.smallcapvoice.com/march-interview-marijuana-company-of-america-mcoa/. About Marijuana Company of America, Inc. MCOA is an emerging industry leader with focus in product development and sales & marketing with its proprietary botanical ingredients legal hemp-based cannabidiol ("CBD") quality products under the brand name "hempSMART™". The Company's premium quality products are double lab tested for purity and potency and sold to wholesalers, distributors, via online e commerce consumer platform, and a proven network affiliate marketing program. The Company recently announced plans for international sales, production, and marketing expansion. For more information, please visit: https://www.marijuanacompanyofamerica.com/ About SmallCapVoice.com SmallCapVoice.com, Inc. is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies, small cap and micro-cap stocks build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, podcasts, as well as its clients' financial news releases. SmallCapVoice.com also offers individual investors all the tools they need to make informed decisions about the stocks in which they are interested. Tools like stock charts, stock alerts, and Company Information Sheets can assist with investing in stocks that are traded on the OTCMarkets. To learn more about SmallCapVoice.com and its services, please visit https://www.smallcapvoice.com/small-cap-stock-otc-investor-relations-financial-public-relations/. Socialize with SmallCapVoice and their clients at Facebook: https://www.facebook.com/SmallCapVoice/ Twitter: https://twitter.com/smallcapvoice Instagram: https://www.instagram.com/smallcapvoice/ Forward-Looking Information 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.sec.gov. MCOA Contact:Tel: 888-777-4362Email: info@mcoainvestments.com SmallCapVoice.com Contact:Stuart T. Smith512-267-2430Info@SmallCapVoice.com Source: SmallCapVoice.com


Marijuana Company of America Inc. Announces International Logistics and Distribution Agreement for hempSMART™ CBD Products
Posted on Tuesday March 02, 2021

ESCONDIDO, Calif., March 02, 2021 (GLOBE NEWSWIRE) -- Marijuana Company of America ("MCOA" or the "Company") (OTC: MCOA), an emerging company and leader offering unique exposure to the global cannabis sector, today announces that its wholly owned hempSMART™ subsidiary has entered into a non-exclusive logistics and distribution agreement with Fulfillment.com, an award-winning order fulfillment company serving high-volume national and global ecommerce brands. Per the agreement, Fulfillment.com will provide best-in-class warehousing and logistics infrastructure needed for worldwide distribution of hempSMART’s premium cannabidiol (CBD) products. Fulfillment.com will initially target the United States, the UK and the Netherlands, where it has established customers and existing distribution channels for CBD products. “Fulfillment.com is one of the fastest growing distribution and fulfillment specialist service providers, making it an ideal addition to our list of distribution partners,” stated Jesus M. Quintero, CEO of MCOA. “Along with providing exceptional customer service, Fulfillment.com has familiarity and experience in distributing CBD products outside of the U.S., which is perfectly in line with our corporate strategy.” hempSMART’s organic, plant-based products help people manage anxiety, pain and insomnia without tetrahydrocannabinol (THC), the main psychoactive component found in cannabis. These high-quality formulations will continue to be available online at www.hempSMART.com, and MCOA and Fulfillment.com will collaborate to build system integration that enhances hempSMART’s existing retail and ecommerce sales channels. About Marijuana Company of America Inc. Marijuana Company of America (OTC: MCOA) is an emerging company and leader offering unique exposure to the global cannabis sector. The Company recently transitioned from research & development to a revenue-producing cannabis marketing company focused on sales & marketing of the Company’s line of proprietary botanical legal hemp-based CBD (cannabidiol) “hempSMART™” products. hempSMART™ offers an extensive full line of premium CBD organic products that are scientifically driven and double lab tested to ensure purity and potency. The Company will direct the sale of its products to wholesalers, distributors, the medical community, online e-commerce consumer platforms, and a proven network affiliate marketing program. The Company has also launched international sales, production, and marketing expansion. About hempSMART Products Containing CBD The United States Food and Drug Administration (FDA) has not recognized CBD as a safe and effective drug for any indication. Our products containing CBD derived from industrial hemp are not marketed or sold based upon claims that their use is safe and effective treatment for any medical condition as drugs or dietary supplements subject to the FDA's jurisdiction. For more information, please visit: https://www.MarijuanaCompanyofAmerica.com/ https://www.hempsmart.com Company Contact:IR@MarijuanaCompanyofAmerica.com888-777-4362IR Contact:Stuart Smithwww.SmallCapVoice.comSSmith@SmallCapVoice.com


Marijuana Company of America Announces Rebranding of hempSMART™ CBD Products to Promote Mental and Physical Wellness
Posted on Friday February 19, 2021

ESCONDIDO, Calif., Feb. 19, 2021 (GLOBE NEWSWIRE) -- Marijuana Company of America ("MCOA" or the "Company") (OTC: MCOA), an emerging company and leader offering unique exposure to the global cannabis sector, today announces a rebranding initiative that will emphasize the Company’s promotion of a healthy lifestyle, emphasizing mental and physical wellness, through the use of quality cannabidiol (CBD) products. This is the first major rebrand since the organization’s new management team joined MCOA in late 2019. According to the World Health Organization (WHO), more than 264 million people around the world suffer from depression (1). In addition, suicide has become the second-leading cause of death in people between the ages of 15 and 29. To further promote positive mental health and wellbeing, MCOA is rebranding the logo, packaging and website of its hempSMART™ premium CBD organic products brand, which will feature the tagline, “We’re in this Together.” The new design is intended to reach and speak to the largest group of mental health sufferers and CBD users, ages 18-29 (2). hempSMART™’s organic, plant-based products help people manage anxiety, pain and insomnia without tetrahydrocannabinol (THC), the main psychoactive component found in cannabis. Though packaged with new branding labels, hempSMART™ products will maintain the same high-quality formulations that its users have come to know and love. From tagline to color scheme, the new branding is carefully designed to demonstrate a simple, clean appearance. The shift from green to orange branding, for example, reflects an energetic balance of calm and vitality, community and connection, and optimism and balance. The Company will also update its social media efforts and feature a new e-commerce website where customers can purchase hempSMART™ CBD products and merchandise directly from the Company and take advantage of subscription discounts. Th new hempSMART™ website (https://www.hempsmart.com) will feature an educational component on CBD and the cannabis industry to help establish hempSMART™ as a leading source for CBD products and industry updates. In addition, the website will act as a platform from which MCOA and hempSMART™ will engage new and existing customers via text and social media such as Instagram, Twitter and Tik Tok. “Rebranding the hempSMART™ brand enhances our mission to have a relatable and empowering community that supports the use of CBD products and helps people address their mental and physical well-being,” stated Jesus M. Quintero, CEO of MCOA. “We’re excited to unveil the new logo and visual elements that reflect a new vision for our hempSMART™ products. This initiative affirms our commitment to serve customers with proven products that promote a positive lifestyle. It’s time for fresh branding to carry hempSMART™ and MCOA into a new era.” hempSMART™ plans to roll-out the new branding and website in early March 2021. Sources:(1) https://www.who.int/news-room/fact-sheets/detail/depression (2) https://www.singlecare.com/blog/news/cbd-statistics/ For more information, please visit: https://www.MarijuanaCompanyofAmerica.com/ https://www.hempsmart.com About Marijuana Company of America Inc. Marijuana Company of America (OTC: MCOA) is an emerging company and leader offering unique exposure to the global cannabis sector. The Company recently transitioned from research & development to a revenue-producing cannabis marketing company focused on sales & marketing of the Company’s line of proprietary botanical legal hemp-based CBD (cannabidiol) “hempSMART™” products. hempSMART™ offers an extensive full line of premium CBD organic products that are scientifically driven and double lab tested to ensure purity and potency. The Company will direct the sale of its products to wholesalers, distributors, the medical community, online e-commerce consumer platforms, and a proven network affiliate marketing program. The Company has also launched international sales, production, and marketing expansion. About hempSMART Products Containing CBD The United States Food and Drug Administration (FDA) has not recognized CBD as a safe and effective drug for any indication. Our products containing CBD derived from industrial hemp are not marketed or sold based upon claims that their use is safe and effective treatment for any medical condition as drugs or dietary supplements subject to the FDA's jurisdiction. 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.sec.gov. Company Contact: IR@MarijuanaCompanyofAmerica.com 888-777-4362 IR Contact: Stuart Smith www.SmallCapVoice.com SSmith@SmallCapVoice.com


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