|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.1900 - 0.2300|
|52 Week Range||0.1800 - 1.0100|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 15, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
As our second year of operations comes to a close, we want to share with you, our fellow shareholders, a recap of our challenges and accomplishments this past year and, more importantly, our goals for 2020. While we have faced challenges and learned important lessons, we also have accumulated valuable assets and are now positioned to move from a development stage company to our next, even more exciting and hopefully rewarding phase. As a U.S.-based, publicly traded company in the cannabis industry, we face greater regulatory headwinds and more SEC scrutiny than our Canadian compatriots and private entities in our industry.
Las Vegas, NV, Oct. 17, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- MJ Holdings, Inc. (OTC Pink: MJNE) (the “Company”), a leader in the Nevada cannabis market, announces that, on Wednesday, October 16, 2019, we have filed our 2018 audited financial statements on Form 10-K with the U.S. Securities and Exchange Commission. The Company’s management is now diligently working on preparing and filing our quarterly financial reports for the first half of 2019.
Las Vegas, NV, Sept. 12, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- MJ Holdings, Inc. (OTC Pink: MJNE) (the “Company”, “we”), a leader in the Nevada cannabis market, is pleased to announce that, on Friday September 6th, we harvested our first autoflower test grow. Noted Company CEO Paris Balaouras: “With the ongoing pursuit of maximizing our three-acre facility, we planted autoflowering strains mainly for test purposes. The autoflowering strains grow much faster - in as little as two months from seed to harvest. In June and July, the Company planted more than 5,000 plants, utilizing eight different strains of marijuana, planting only the best performers from our 2018 crop.
Las Vegas, NV, Sept. 05, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- MJ Holdings, Inc. (OTC Pink: MJNE) (the “Company”), a leader in the Nevada cannabis market, has entered into an agreement with Element NV, LLC (“Element”) to acquire a 49% interest in the Company’s wholly-owned subsidiary Red Earth, LLC (“Red Earth”) for $441,000 and $4,559,000 of additional capital contributions (the “Capital Contributions”) for infrastructure and operating expenses. Red Earth is the holder of a State of Nevada Marijuana Cultivation Facility License and City of Las Vegas Recreational Cultivation Facility Business License.
Las Vegas, NV, Aug. 20, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- MJ Holdings, Inc. (OTC Pink: MJNE) (the “Company”), a leader in the Nevada cannabis market, is pleased to announce that we recently completed the planting of our second marijuana crop on our three-acre, hybrid mesh-canopy grow facility in the Amargosa Valley of Nevada. Our 2018 test grow on this property yielded approximately 5,400 pounds of marijuana bud and trim. In June and July, we planted more than 5,000 plants, utilizing eight different strains of marijuana, planting only the best performers from our 2018 crop. The Company anticipates beginning our harvest in mid-October with a planned completion of the entire harvest by late November.
Las Vegas, NV, June 13, 2019 -- via NEWMEDIAWIRE -- The Board of Directors of MJ Holdings, Inc. (OTC: MJNE) (“MJNE” or “Company”), a leader in the Nevada cannabis market, has.
NEW YORK , June 5, 2019 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced the lists of downgrades from its respective ...
Las Vegas, NV, April 17, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Las Vegas-based MJ Holdings, Inc. (MJNE) (the “Company”) a diversified, publicly-traded holding company providing complete seed-to-sale services to the regulated cannabis industry, announces that it has privately raised $5,565,000 since late March of this year. In February, the Company was able to repurchase 20,000,000 issued and outstanding shares of its common stock for a total of $20,000. The shares originally were issued in December of 2017 in conjunction with the Company’s reverse merger with Red Earth, LLC. Red Earth is the holder of the Company’s City of Las Vegas Marijuana Cultivation License.
Las Vegas, NV, April 09, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- MJ Holdings, Inc. (MJNE) (“MJNE” or “Company”), a leader in the Nevada cannabis market, has finalized the purchase of a nearly fifty-acre property, with 71-acre feet of water rights, in the Amargosa Valley of Nevada to provide: (1) necessary housing for the employees of its growing farm operations and (2) house the Company’s planned 60,000 sq. ft. state-of-the-art hemp seed lab, which is readily adaptable to grow larger as demand for high quality hemp seed genetics increases.
As previously announced, MJNE recently purchased 260 acres of farmland with 180-acre feet of water rights in the Amargosa Valley of Nevada to expand its cultivation capabilities. Upon closing of the purchase of the cultivation and production licenses, the Company will immediately become the largest marijuana grower in the state.
LAS VEGAS, NV, March 19, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – MJ Holdings, Inc. (MJNE) (“MJH” or “Company”), a leader in the Nevada cannabis market, proposes to increase its number of directors to a total of three and will continue to expand the board as the company grows. MJH is proud to nominate Roger J. Bloss to the Company’s Board of Directors, and a vote of the shareholders will take place on April 1, 2019 to confirm Roger’s election.
The Company, in conjunction with Let’s Roll Holdings, LLC has acquired 100% of the membership interests of Farm Road, LLC, the owner of two parcels of fertile farmland and the related water rights. MJH will utilize the land to expand its hybrid-mesh cultivation capabilities, initially planting ten additional acres of marijuana in 2019.