FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 5, 2021

MARIJUANA COMPANY OF AMERICA, INC.

(Exact Name of Registrant as Specified in its Charter)

1340 West Valley Parkway Suite #205 Escondido, California 92029

(Address of Principal Executive Offices and Zip Code) 

(888) 777-4362

(Issuer's telephone number)

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒ 

Section 5 - Corporate Governance and Management

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(d) On January 5, 2021, the registrant appointed Tad Mailander as an independent member of its board of directors. There is no arrangement or understanding between the registrant and Mr. Mailander and any other person pursuant to which Mr. Mailander was selected as a director. The registrant does not expect to name Mr. Mailander to any board committees. The registrant and Mr. Mailander entered into an agreement whereby the registrant agreed to compensate Mr. Mailander by paying him a quarterly salary of $5,000, either in cash or in the Registrant’s common stock at the discretion of the Registrant.

There are no disclosable family relationships as required by Item 401(d) of Regulation S-K between Mr. Mailander and the Registrant or its control persons, and there are no disclosable related person transactions between the registrant and Mr. Mailander as required by Item 404(a) of Regulation S-K.

Mr. Mailander, age 65, serves as independent director. Mr. Mailander is an attorney licensed to practice before all of the Courts in the State of California. Mr. Mailander has been in practice since 1991 and is a member of the State Bar of California, the bars of the United States District Court for the Southern District of California, and the United States Court of Appeal for the Ninth Circuit.

Section 9 – Financial Statement and Exhibits

Item 9.01 Financial Statements and Exhibits

SIGNATURES 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated January 6, 2021

MARIJUANA COMPANY OF AMERICA, INC.

By: /s/ Jesus M. Quintero

Jesus M. Quintero

(Principal Executive Officer)

Marijuana Company of Ame... (PK) (USOTC:MCOA)
Historical Stock Chart
From Dec 2020 to Jan 2021

Marijuana Company of Ame... (PK) (USOTC:MCOA)
Historical Stock Chart
From Jan 2020 to Jan 2021