MJ Holdings, Inc. Enters into Cultivation Management Agreement with Natural Green, LLC
April 13, 2021 at 09:52 am
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MJ Holdings, Inc. announced that in furtherance of its initiative to activate its proprietary farm land, it has entered into a cultivation management agreement with Natural Green, LLC. Their specialized style of management is sure to produce unique product on their allocated 8 acres. The agreement’s initial term is for 10 years with 5-year extensions, provides for a substantial deposit and minimum revenue requirements beginning in the third year.
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. 
