MJ Holdings, Inc. Announces 10 Acre Greenhouse Management Agreement Project
May 18, 2021 at 08:14 am
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MJ Holdings, Inc. announced it has entered into a cultivation management agreement to develop 10 acres with Green Grow Investments Corporation. As a highlight, the last two land management agreements have their greenhouses/pods already shipped. MKC Development Group expects to be under construction by early summer of 2021 with their build of 200,000 sq ft of greenhouses. This may yield 20,000 lbs of flower by 2022. Also, Natural Green LLC is expected to build 5 acres of growing pods on 8 acres of land, which should be online in 2022 with anticipated yields of 25,000 lbs of cannabis flower.
MJ Holdings, Inc. is a diversified cannabis holding company. The Company is engaged in providing cultivation management, asset and infrastructure development in the Las Vegas market. It is focused on providing a 360-degree spectrum of infrastructure, including cannabis cultivation, production of cannabis related products, management services, dispensaries, and consulting services. The Companyâs subsidiaries include Prescott Management, LLC, which provides day-to-day management and operational oversight to the Companyâs operating subsidiaries; Icon Management, LLC, which provides human resource management (HR) services to the Company and is responsible for all payroll activities and administration of employee benefit plans and programs; Farm Road, LLC, which owns approximately 260 acres of farmland in Amargosa Valley, Nevada; Condo Highrise Management, LLC, which manages the Company owned Trailer Park in Amargosa, Nevada; and Red Earth Holdings, LLC.
MJ HOLDINGS, INC. 
