Insider Selling: Marijuana Company Of America Inc (OTCMKTS:MCOA) Major Shareholder Sells 1,500,000 Shares of Stock
Marijuana Company Of America Inc (OTCMKTS:MCOA) major shareholder Charles John Larsen sold 1,500,000 shares of the stock in a transaction on Thursday, July 25th. The shares were sold at an average price of $0.01, for a total value of $15,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Charles John Larsen also recently made the following trade(s):
- On Thursday, July 11th, Charles John Larsen sold 1,611,926 shares of Marijuana Company Of America stock. The shares were sold at an average price of $0.01, for a total value of $16,119.26.
- On Tuesday, July 2nd, Charles John Larsen sold 500,000 shares of Marijuana Company Of America stock. The shares were sold at an average price of $0.01, for a total value of $5,000.00.
- On Friday, June 28th, Charles John Larsen sold 1,000,000 shares of Marijuana Company Of America stock. The shares were sold at an average price of $0.05, for a total value of $50,000.00.
Shares of MCOA traded down $0.00 during trading hours on Monday, reaching $0.01. 8,392,311 shares of the company traded hands, compared to its average volume of 10,314,197. Marijuana Company Of America Inc has a fifty-two week low of $0.01 and a fifty-two week high of $0.04. The company’s fifty day moving average price is $0.01.
Marijuana Company of America, Inc, through its subsidiaries, develops, manufactures, and sells industrial hemp derived and non-psychoactive cannabinoids consumer products under the hempSMART brand in the United States and Canada. The company's principal products include hempSMART Brain, a personal care consumer product that supports brain wellness; hempSMART Pain, a capsule for the temporary relief of minor discomfort associated with physical activity; hempSMART Pain Cream, a wellness consumer product that reduces minor discomfort and promotes muscle relaxation on areas that it is applied; hempSMART Drops; and hempSMART Pet Drops for cats and dogs.
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