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Hi Wolf, you're a living legend. I think you should snatch up a mod spot here. Thank you!
GRST Chart: She's Prairie dog'n. Big breakout next week.
Déjà vu
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160985244&txt2find=dog
Thanks for the daily reminder station...
I have 10 million plus shares avg at .0006
Floats locked.
BREAKING: Senate Majority Leader Chuck Schumer, Senate Finance Committee Chair Ron Wyden and Sen. Cory Booker just announced a plan to release a federal marijuana legalization proposal “in the early part of this year.”
BREAKING: Senate Majority Leader Chuck Schumer, Senate Finance Committee Chair Ron Wyden and Sen. Cory Booker just announced a plan to release a federal marijuana legalization proposal “in the early part of this year.”https://t.co/Wo4I7N7DW1 pic.twitter.com/hd0pOybmmc
— Tom Angell 🌳📰ⓥ (@tomangell) February 1, 2021
This is a good deal====>
On January 22, 2021, (the “Effective Date”), MJ Holdings, Inc. (“MJNE”) entered into a Cultivation Management and Sales Agreement (the “Agreement”) with MKC Development Group, LLC (the “Company”). Under the terms of the Agreement, MJNE shall retain the Company to provide oversight and management of MJNE’s cultivation and sale of products at MJNE’s Amargosa Valley, NV farm. The Agreement shall commence on the Effective Date, continue for a period of ten (10) years and automatically renew for a period of five (5) years.
As deposits, security and royalty, the Company shall pay to MJNE:
(i) a $600,000 non-refundable deposit upon execution of the Agreement, and;
(ii) a security deposit of $10,000 to be applied against the last month’s obligations and a $10,000 payment to be applied against the first month’s rent, and;
(iii) $10,000 on the first of each month for security and compliance, and;
(iv) a royalty of 10% of gross revenue less applicable taxes (hereinafter “Net Sales Revenue”) on all sales of product by the Company; and
(v) the Company shall, after the first two (2) years from execution of the Agreement, be responsible to pay to MJNE a minimum royalty of $83,000.00 per month.
https://ih.advfn.com/stock-market/USOTC/mj-pk-MJNE/stock-news/84216479/current-report-filing-8-k
Here let me Google that for you...
http://letmegooglethat.com/?q=Parabolic+Sar
MJ Holdings, Inc. Announces the Execution of a Letter of Intent to Acquire Cultivation and Production Licenses
https://www.globenewswire.com/news-release/2021/01/28/2166066/0/en/MJ-Holdings-Inc-Announces-the-Execution-of-a-Letter-of-Intent-to-Acquire-Cultivation-and-Production-Licenses.html
January 28, 2021 10:35 ET | Source: MJ Holdings, Inc.
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).
The LOI with MJ Distributing, Inc. and affiliates (not related to MJ Holdings, Inc) provides for a closing to occur on or before April 30, 2021. This transaction replaces the previously announced license acquisition with the same seller that was sidetracked and didn’t close due to Company’s reallocation of resources at that time. For purposes of expediting the transactions, Paris Balaouras, Founder and Chief Cultivation Officer, has been listed as a Managing Member of the selling entities. Roger Bloss, Interim CEO of MJ Holdings noted that, “The acquisition of these licenses will allow us to fully activate our cultivation capacity on our 260 acres of land in Armargosa (The Farm) and will allow us to amicably exit our existing cultivation management agreement with Curaleaf. Additionally, the production licenses will allow us to extract our own cultivated material and take advantage of keeping this resource in-house. The acquisition of these licenses will be beneficial to our long-term growth and our ability to continue to control our processes and our costs.”
Paris Balaouras added: “In addition to allowing us to engage a proprietary grow (our land, our water, our licenses), this will also allow us to pursue and engage in third party management agreements whereby the Company will partner with qualified companies to activate additional acreage at The Farm. This transition will diversify our revenue sources and, subject to negotiated terms, will provide for substantial long term monthly revenue streams without the need for extensive capital investment.
About MJ Holdings, Inc.
MJ Holdings Inc. (OTCPK: MJNE) is a diversified holding company providing services to the regulated cannabis industry. Through our subsidiaries we provide cultivation and production, management services as well as infrastructure sales and development. The Company’s cultivation operations include management of a three-acre co-operative for in the Amargosa Valley of Nevada. The Company currently manages a State of Nevada issued cannabis production license and expects to provide manufacturing and production facilities and resources to third party manufacturers and cultivators as part of our production campus that is currently under development. The Company also provides management consulting services to state licensed dispensaries.
MJ Holdings, Inc. Announces the Execution of a Letter of Intent to Acquire Cultivation and Production Licenses
https://www.globenewswire.com/news-release/2021/01/28/2166066/0/en/MJ-Holdings-Inc-Announces-the-Execution-of-a-Letter-of-Intent-to-Acquire-Cultivation-and-Production-Licenses.html
January 28, 2021 10:35 ET | Source: MJ Holdings, Inc.
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).
The LOI with MJ Distributing, Inc. and affiliates (not related to MJ Holdings, Inc) provides for a closing to occur on or before April 30, 2021. This transaction replaces the previously announced license acquisition with the same seller that was sidetracked and didn’t close due to Company’s reallocation of resources at that time. For purposes of expediting the transactions, Paris Balaouras, Founder and Chief Cultivation Officer, has been listed as a Managing Member of the selling entities. Roger Bloss, Interim CEO of MJ Holdings noted that, “The acquisition of these licenses will allow us to fully activate our cultivation capacity on our 260 acres of land in Armargosa (The Farm) and will allow us to amicably exit our existing cultivation management agreement with Curaleaf. Additionally, the production licenses will allow us to extract our own cultivated material and take advantage of keeping this resource in-house. The acquisition of these licenses will be beneficial to our long-term growth and our ability to continue to control our processes and our costs.”
Paris Balaouras added: “In addition to allowing us to engage a proprietary grow (our land, our water, our licenses), this will also allow us to pursue and engage in third party management agreements whereby the Company will partner with qualified companies to activate additional acreage at The Farm. This transition will diversify our revenue sources and, subject to negotiated terms, will provide for substantial long term monthly revenue streams without the need for extensive capital investment.
About MJ Holdings, Inc.
MJ Holdings Inc. (OTCPK: MJNE) is a diversified holding company providing services to the regulated cannabis industry. Through our subsidiaries we provide cultivation and production, management services as well as infrastructure sales and development. The Company’s cultivation operations include management of a three-acre co-operative for in the Amargosa Valley of Nevada. The Company currently manages a State of Nevada issued cannabis production license and expects to provide manufacturing and production facilities and resources to third party manufacturers and cultivators as part of our production campus that is currently under development. The Company also provides management consulting services to state licensed dispensaries.
MJ Holdings, Inc. Announces the Execution of a Letter of Intent to Acquire Cultivation and Production Licenses
https://www.globenewswire.com/news-release/2021/01/28/2166066/0/en/MJ-Holdings-Inc-Announces-the-Execution-of-a-Letter-of-Intent-to-Acquire-Cultivation-and-Production-Licenses.html
January 28, 2021 10:35 ET | Source: MJ Holdings, Inc.
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).
The LOI with MJ Distributing, Inc. and affiliates (not related to MJ Holdings, Inc) provides for a closing to occur on or before April 30, 2021. This transaction replaces the previously announced license acquisition with the same seller that was sidetracked and didn’t close due to Company’s reallocation of resources at that time. For purposes of expediting the transactions, Paris Balaouras, Founder and Chief Cultivation Officer, has been listed as a Managing Member of the selling entities. Roger Bloss, Interim CEO of MJ Holdings noted that, “The acquisition of these licenses will allow us to fully activate our cultivation capacity on our 260 acres of land in Armargosa (The Farm) and will allow us to amicably exit our existing cultivation management agreement with Curaleaf. Additionally, the production licenses will allow us to extract our own cultivated material and take advantage of keeping this resource in-house. The acquisition of these licenses will be beneficial to our long-term growth and our ability to continue to control our processes and our costs.”
Paris Balaouras added: “In addition to allowing us to engage a proprietary grow (our land, our water, our licenses), this will also allow us to pursue and engage in third party management agreements whereby the Company will partner with qualified companies to activate additional acreage at The Farm. This transition will diversify our revenue sources and, subject to negotiated terms, will provide for substantial long term monthly revenue streams without the need for extensive capital investment.
About MJ Holdings, Inc.
MJ Holdings Inc. (OTCPK: MJNE) is a diversified holding company providing services to the regulated cannabis industry. Through our subsidiaries we provide cultivation and production, management services as well as infrastructure sales and development. The Company’s cultivation operations include management of a three-acre co-operative for in the Amargosa Valley of Nevada. The Company currently manages a State of Nevada issued cannabis production license and expects to provide manufacturing and production facilities and resources to third party manufacturers and cultivators as part of our production campus that is currently under development. The Company also provides management consulting services to state licensed dispensaries.
$MJNE$
I heard that too. I'm adding.