Dude, below is the company profile from a respected financial investment firm. You say a shell company, if you mean own and manage real-estate and other smaller companies;.....well yeah.
Business Summary
Notis Global, Inc. is engaged in the cultivation of hemp and production of hemp-based products. The Company owns and manages real estate for the cultivation of hemp in the United States. The Company manufactures and markets hemp products and cannabidiol (CBD) oil. It manages the entire supply chain from farming and extraction of hemp, through to sale of hemp products in the market.
EWSD I, LLC d/b/a Shi Farms
NY-SHI, LLC
SHI Cooperative, LLC
Pueblo Agriculture Supply & Equipment, LLC
SOCO Processing, LLC
Rock Acquisition Corporation
Prescription Vending Machine, INC.
Medbox Property Investment, Inc
MJ Property Investments, INC
I'd call it a holding company of MJ related companies serving a budding industry. (No pun intended :) )