Business
Marijuana Company of America, Inc. Announces Name Change From Converge Global, Inc.
Marijuana Company of America, Inc. Announces Name Change From Converge Global, Inc..
About this update from Marijuana Company Of America, Inc.
[{"type":"text","content":"\n \n \n Marijuana Company of America, Inc. Announces Name Change From Converge Global, Inc.\n \n \nMarijuana Company of America, Inc. Announces Name Change From Converge Global, Inc.\n \n BONSALL, CA--(Marketwired - Dec 1, 2015) - MARIJUANA COMPANY OF AMERICA (\"MCOA\" or the \"Company\") (OTC PINK: MCOA) is pleased to announce that FINRA has approved its name and symbol change. The Company will begin trading under its new name, Marijuana Company of America Inc., and new trading symbol, MCOA, effective December 1st, 2015.\n Completion of the change of business and resultant name change was subject to a number of conditions, including but not limited to FINRA approval. Majority consent was received from shareholders and approved by the Board of Directors on September 9, 2015.\n Marijuana Company of America Inc. is an innovative marijuana marketing and distribution company that intends to distribute a wide range of marijuana, CBD and related products nationally and internationally, via a marketing and distribution strategy that is unique to the marijuana industry.\n The newly appointed Chairman and CEO, Donald Steinberg, is assembling a top-notch team to execute the MCOA business plan. As the Company embarks on its first year under new management and a new direction, the Company is enlisting partners, establishing joint ventures, negotiating contracts and building a powerful consortium of industry experts and companies that share the MCOA vision.\n Mr. Steinberg's experience in launching successful marketing and sales organizations on a global basis will benefit the Company and shareholders greatly. He has been out front of many new and developing industries and products, and will contribute significantly to what could potentially become the biggest new industry boom since the dot-com era.\n The MCOA business model will set the Company apart. Management is developing a proprietary, high quality product line that will be exclusively available through MCOA. The specifics of how these products will be marketed and distributed will be disclosed just prior to launch.\n The marijuana industry is still in its infancy and it is currently one of the fastest growing industries in the global economy. According to the Marijuana Business Daily's (MBD) Funding & Financing Handbook, marijuana product sales in the United States for 2015...