Marijuana Company of America, Inc. MCOA – News
We’re swinging back for another news update on MCOA this morning for the second time this week. We like the company’s drive and dedication to its recent changes in focus which we began highlighting in a special report last week (>>Read Our MCOA Report). In that space of time, we’ve learned more about the company’s strategic partnership with Cannabis Global (CBGL) with the aim of further developing the HempSmart brand.
This morning, we’ve learned that MCOA will once again move to promote and grow the HempSmart name through a series of big weekly sales for the remainder of the calendar year.
ESCONDIDO, Calif., Oct. 29, 2020 (GLOBE NEWSWIRE) — MARIJUANA COMPANY OF AMERICA INC. (OTCMKTS:MCOA), an innovative hemp and cannabis corporation, is pleased to announce today the launch of a series of promotional campaigns, where “Every Friday is Black Friday, at HempSmart” … Every Friday, a new special product package will be promoted and offered until the end of the year. (>>View Full PR)
We also need to go over the intraday performances of the options ideas we formulated in yesterday morning’s premarket report, which was a mix of bearish and bullish plays.
We had the SNE Weekly $79-80.50 Calls, the MSFT Weekly $210-205 Puts, and the MA Weekly $307.50-302.50 Puts, and we scored multibag hits in every range we were tracking.
SNE Weekly $79-80.50 Calls
$79: .40-3.20 (+700%)
$79.50: 1.02-2.50 (+145%)
$80: .80-5.23 (+554%)
$80.50: .70-1.95 (+179%)
MSFT Weekly $210-205 Puts
$210: 3.50-8.00 (+129%)
$207.50: 2.09-6.01 (+188%)
$205: 1.11-4.10 (+269%)
MA Weekly $307.50-302.50 Puts
$307.50: 9.63-16.20 (+68%)
$305: 7.35-14.43 (+96%)
$302.50: 5.85-11.95 (+104%)
Fresh Options Ideas:
MRNA Weekly $66.50-68 Calls
HOME 11/20 $23-24 Calls
SPOT Weekly $267.50-262.50 Puts
Marijuana Company of America, Inc. MCOA – News Update
In addition to this morning’s premarket report, we also wanted to relay today’s fresh news out on MCOA to our readers, as promised. We recently compiled a special report on the company (>>Read Our MCOA Report) and are very interested in where the stock could go from its present levels.
This morning’s update provides more details on the company’s partnership with Cannabis Global, as highlighted in recent releases.
LOS ANGELES, CA / ACCESSWIRE / October 27, 2020 / Cannabis Global, Inc. (OTC PINK:CBGL), a cannabinoid and hemp extract science-forward company developing infusion and delivery technologies and investing in fast-growing cannabis markets, today announced the inclusion of Marijuana Company of America Inc. (OTC:MCOA), as a research partner in its Project Varin research and development program. The two companies plan to collaborate on the development of new food and beverage products in conjunction with Natural Plant Extract of California, Inc. (>>View Full PR)
Marijuana Company of America, Inc. MCOA
We came back to revisit a stock we’ve been very familiar with in the past on Monday, taking a closer look at MCOA (>>View MCOA Special Report<<) and the opportunity that is presenting itself with the company trading at its current levels. We encourage you to read through our report to get a better idea of the recent big strides the company has made.
Today we wanted to follow up and relay the fresh PR that hit the company’s news feed this morning regarding a recent exclusive interview with Company Founder Robert Hymers and Jesus Quintero:
AUSTIN, Texas, Oct. 22, 2020 (GLOBE NEWSWIRE) — SmallCapVoice.com, Inc. (“SCV”) today announced the availability of a recent interview with the leadership of Marijuana Company of America Inc. (OTCMKTS:MCOA), an innovative hemp corporation. The interview outlines the development of MCOA’s work with Cannabis Global, Inc. (OTC: CBGL), a cannabinoid and hemp extract science company developing infusion and delivery technologies, the evolution of the Company to date, and the goals for the remainder of 2020 and beyond. (>>View Full PR)
The full interview can be heard at: smallcapvoice.com/interview-marijuana-company-of-america-mcoa
Once again yesterday morning, we loaded up with some fresh options ideas in our premarket report. If there are plays we like in the premarket on any given day, you can rest assured that we will put our two cents in and formulate some targets.
Our top choices for the morning were in the Canopy Growth Corp. CGC and Netflix, Inc. NFLX chains yesterday, going bullish on CGC and bearish on NFLX. In both cases, we hit on some pretty solid gain opportunities.
Here were the intraday moves those contracts recorded for us:
CGC Weekly $19-19.50 Calls
$19: .60-1.43 (+138%)
$19.50: .38-1.03 (+171%)
NFLX Weekly $515-507.50 Puts
$515: 13.86-26.60 (+92%)
$512.50: 12.16-24.22 (+99%)
$510: 10.40-23.00 (+121%)
$507.50: 9.15-20.03 (+119%)
More Fresh Options Ideas:
T Weekly $27-28 Calls
KO Weekly $50.50-51.50 Calls
LVS Weekly $47-48 Calls