Marijuana Company of America, Inc. announced that On March 30, 2020, Robert Coale resigned as a member of the Registrant’s board of directors. Aside from being a director, Mr. Coale headed an internal audit sub-committee. As a result of Mr. Coale’s resignation, on April 2, 2020, the company appointed director Themistocles Psomiadis to lead the Registrant’s internal audit sub-committee. Mr. Psomiadis accepted the appointment, and will be responsible for reviewing and confirming the interim work of the subcommittee through the December 31, 2019 year-end and to date. Mr. Psomiadis currently serves as Managing Director of Dutchess Capital Management, LLC.