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MJ Holdings Nets in Excess of $6,400,000 on Sale of Healthier Choices Management Corp
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MJ Holdings, Inc. Announces Successful Culmination of Interim CFO Project
MJ Holdings, Inc.April 6, 2021 GMT
Company completes critical initiative of establishing process to achieve and maintain SEC filing compliance.
Las Vegas, NV, April 06, 2021 (GLOBE NEWSWIRE) MJ Holdings, Inc. (OTC Pink: MJNE ) a diversified holding company, which through its subsidiaries, provides services to the regulated cannabis industry inclusive of cultivation and production management, infrastructure development and sales is pleased to inform shareholders that Jim Kelly, Interim-CFO since October 2020, has completed his task in stabilizing the Company’s financial structure and is leaving the Company to return to his work as a stock analyst and consultant.
MJ Holdings Inc. (OTC:MJNE) agreed to buy two cultivation and two production licenses, and transfer the proper licenses to its land.
A provider of management and consulting services to cannabis enterprises previously signed a letter of intent in regards to licenses purchase and has now progressed into a Membership Interest Purchase Agreement.
The deal will close once all license transfer requirements are set, and the licenses are moved to MJ Holdings’ property “The Farm.”
MJ Holdings added that the agreement enables it to cultivate under the licenses, prior to the finalization of the transaction.
To accelerate the transaction process, the company’s founder and CCO, Paris Balaouras, has been chosen as a managing member of the selling entities.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
MJ Holdings, Inc. Announces the Execution of a Letter of Intent to Acquire Cultivation and .
MJ Holdings, Inc.January 28, 2021 GMT
Company moving forward with owned licenses and cultivation on proprietary land
Las Vegas, NV, Jan. 28, 2021 (GLOBE NEWSWIRE) MJ Holdings, Inc. (OTC Pink: MJNE ) a diversified holding company, which through its subsidiaries, provides services to the regulated cannabis industry inclusive of cultivation and production management, infrastructure development and sales is pleased to inform shareholders that it has executed a Letter of Intent (LOI) to purchase two cultivation licenses (medical and recreational) and two production licenses (medical and recreational).
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