MJ Holdings Inc (PK) (MJNE) News

Liquidation of assets has commenced, marijuana production license to be sold for $300K.

Up next, delisting!

Officially over, receiver appointed, liquidation coming soon.

Officially over, receiver appointed, liquidation coming soon.

Almost over for this one, was hoping for a recovery, but getting out ASAP. Heard the company has no board or officers, numerous undisclosed lawsuits. No 8-K’s since October.

Anyone still in this ticker? Looks like it’s ready to pop with a little volume

Any one else see that the CBC of NV made Paris retire 20 million shares back to the company? They also show that they truly have and hold their licenses now. They are laser focused on mass growing for distillate products.

Back in the saddle again! Boomtime baby let’s go! I think we are finally truly out of all the old management. Stars are aligning once again, looking for a nice move here with the rescheduling and safebanking act in the pipe line!

Thank you for that information. Wow. Yes, I believe you are right. My recollection is in recent months he bought quite a lot of the stock up.

Paris Balaouras resigned as Chairman of the Board effective February 25, 2023 per 8K filed today. Something ain’t right. They are searching for a New CEO.
As I remember he always has been the biggest Shareholder??

Is all hope gone? Nothing is ever even posted on here anymore. This is so distressing ... this was a big investment for us.

Is that correct? Roger is gone? What about John Tobacco? Does anyone know what is going on?

What’s going wrong? Share price tanking and Roger Bloss is now gone as CEO?

Why is this newsmax stuff on here?

Was tracking some of those tickers - 30%+ was the norm. I think this one is priming the pump and they are doing thing the right way - blue skies ahead.

The fuse has been lit...read this. All pot stocks are gonna boom again. MJNE is primed and ready for this.

https://www.morningstar.com/news/marketwatch/202210061150/cannabis-stocks-rocket-to-a-record-day-after-biden-lights-the-fuse

CANNABIS GAME CHANGER🚨🚨 So pumped to work with $mjne @MJ_HoldingsInc on the FIRST ever POT Backed Token. Big News coming @web3expo @WynnLasVegas Next Wednesday. @DelRayMan @paulvigna https://t.co/9TbXkfUM9p— WiseGuys (@JohnnyTabacco) October 6, 2022

Liked the press release yesterday about the fractional farming token and presentation to web3xexpo - and appears some others may have also liked it

MJNE Weekly Chart: I'm surprised there is not a lot more volume here. Lots of big happenings it seems. Lets keep it above the 50sma

mjnahempboom...she's coming together nicely

What did Tommy V mean by this when he said:
"We'll be harvesting 400 plants a week from here on out"

🙌🏻 We've planted our first #auto-flower seeds meant for extraction! Our very own, Tom Valenzuela and team, are going full-throttle to get all the seeds on the pots and harvested when they're ready. #MJNE #Cannabis $MJNE pic.twitter.com/YLVjFFNsis— MJHoldings Inc. (@MJ_HoldingsInc) August 25, 2022


April 18, 2021

You must be fairly new to the company’s interest. Their filings and financials have been in the gutter for a long time, hence the opportunity for these prices. The company hasn’t realized a great deal of revenues because they were previously growing under the $curlf licenses with acres cultivation. Paris is a founding father of acres cultivation in which it was sold to curaleaf for 71 million dollars. As part of that agreement $mjne was able to trial run their Crauvo System in the desert until 2026. Mj Holdings just this year excited the contract because they have their own 4 cultivation and production licenses to grow under where they will realize 100% of the products revenue on their 260 acre plot, even if grown by a different subsidiary. They have literally not only switched places with curaleaf, they are expanding the operation from 3 acres to 15 acres minimum, depending on contracts as much as 20 plus acres this grow season. $MJNE is the lowest cost to grow second to no one. They now have their own water rights, land, and are producing superior products via sun light. Their desert growth eliminates mold and pest problems as well. There is no competition to them as a wholesaler that will be able to match their quality and price. To top all this general information, if you thoroughly read the 10k you would see that Mj Holdings liquidated their marketable asset in February. They held 1.5 billion shares of a company called $HCMC in which they terminated a contract from a botched q cup deal. This move by the C-Suite secured some where between 7-10 million dollars in debt free capital for them to fund the 260 acre farm start up. Mjne is not only almost debt free, they are a hop skip and a jump away from harvesting 60-85k pounds of dried product by November.

$MJNE

Will @WolfofWeedST and Jek Tono Porkins please check in...

$MJNE

yo where you at? What are your thoughts on John Tabacco and this MJNE crypto piece? You ask me he's a great American.

https://www.youtube.com/watch?v=

Look here:

John Tabacco was Vice President at tZERO Group, Inc in 2015-2018

https://ats.tzero.com/

https://www.tzero.com/private-companies

Established in 2003, tZERO ATS is a FINRA member broker dealer which operates an SEC-registered Alternative Trading System that facilitates trading of security tokens and US equities alike.

A subsidiary of tZERO Group, Inc., tZERO ATS pioneered the first reported trade of a blockchain-based security in 2016 and, since January 2019, it facilitates secondary trading of security tokens through the tZERO ATS.


Now he is Chief Digital Officer at Investview, Inc.(OTCQB: INVU)

https://investview.com/

https://www.linkedin.com/in/john-tabacco-31a33a16?original_referer=https%3A%2F%2Fwww.google.com%2F



What are these guys up to, Turn144? This feels big to me. MJNE is a Crown Jewel in the making imo. I'll admit it, I'm excited.

MJ Holdings Inc. (MJNE) announces engagement of Mr. John Tabacco as VP of Digital Asset Strategy
https://marijuanastocks.com/mjne-announces-engagement-of-mr-john-tabacco-as-vp-of-digital-asset-strategy/

Wow - that is some get - I will look a bit more into his background- like I said previous- a jewel in the making.

I don’t think I have enough - lol

Bro, John Tabacco is literally a living legend. He has been around forever and people love him, he has a huge following, I think he's great and this news today is huge. John Tabacco has been very successful throughout his career and to see him involved with MJNE as MJNE's VP of digital asset strategy really activates my almonds. He's a Wall Street Veteran, Fintech Investor & Inventor Futurist. He is also a host at Newsmax, was on Fox Business for over 6 years and big into cryptocurrency. He helped tokenize Overstock.com and I can guarantee you that whatever it is that MJNE CEO Roger Bloss and crypto genius John Tabacco are up to, that it is going to be absolutely massive.

MJ Holdings Inc. (MJNE) announces engagement of Mr. John Tabacco as VP of Digital Asset Strategy
https://marijuanastocks.com/mjne-announces-engagement-of-mr-john-tabacco-as-vp-of-digital-asset-strategy/

Here is John Tabacco on Fox Business 24 years ago(no one knows how old he is)


Here he is on Fox Business back in 2018 calling the future correctly for the DOW.


Here's his NewsMax channel. Dig into this guy-you'll love him!
https://www.newsmaxtv.com/Shows/Wise-Guys-with-John-Tabacco

This guy is no joke. Whatever is happening behind the scenes at MJNE is about to make us some serious money. Hold em all and grab some more before MJNE starts gapping up. Only a 79,417,355 OS and a much much smaller float. It'll move like lightning soon. Cheers, Turn144! We're in great shapes here.

Agreed - a jewel in the making - slow and steady wins the race.

Love the structure here.

Looking good! Well done MJNE ----> 🙌🏻 We've planted our first #auto-flower seeds meant for extraction! Our very own, Tom Valenzuela and team, are going full-throttle to get all the seeds on the pots and harvested when they're ready. #MJNE #Cannabis $MJNE pic.twitter.com/YLVjFFNsis— MJHoldings Inc. (@MJ_HoldingsInc) August 25, 2022

Getting ready to start planting real soon!
Getting ready to start planting real soon! Keep an eye out for all our growing updates. ♻️🔼#cannabiscommunity #cannabisculture #marijuana pic.twitter.com/w9Q8IAI69d— MJHoldings Inc. (@MJ_HoldingsInc) April 11, 2022

House set to pass marijuana legalization Friday...
https://thehill.com/news/house/3255862-house-set-to-pass-marijuana-legalization-friday/

House could vote on legal cannabis next week
https://www.marijuanamoment.net/federal-marijuana-legalization-bill-officially-scheduled-for-house-floor-vote-next-week/

MJNE up 13% this week.

Almost ready Don't understand how we're going to be #growing out in Amargosa Valley? Let Tom explain the structurr of the #greenhouses we will be using to keep our plants growing all-year-round. #MJNE $MJNE pic.twitter.com/s5qxlnPFzP— MJHoldings Inc. (@MJ_HoldingsInc) March 22, 2022

$MJNE - Target cash cost per pound in this facility, usd
-
Outdoor will be under $100 a pound. Depending on the strain/THC/terpenes. Greenhouse and indoor will run between $300-$600 a pound.


Outdoor:
$6.25/OZ
$0.22/g

Indoor:
$18.75/OZ - $37.5/OZ
$0.66/g - $1.32/g

1,000,000 square feet complete in Q2...keep loading MJNE
We'ed love to. Right now we are in construction of a million sq ft facility. Once we are done in Q2 and harvest our first grow, you want to come get some?
We're near #Vegas.$MJNE— MJHoldings Inc. (@MJ_HoldingsInc) January 4, 2022

Using the Jun 2021 semi-annual income statement, MJNE has an EPS of $0.06 with a P/E ratio of roughly 5.7 at $0.34. Bigger players like TLRY, ACB and CURLF all have NEGATIVE semi-annual P/E ratios. Yes, this may go down as the marks begin to slide, but the upside long term fundamental value is present with those positive numbers.

Q3 20201 10-Q
"As of the time of this filing, we have completed our 2020 harvest of approximately 7,600 marijuana plants with expected yield of more than 4,700 pounds of marijuana flower and trim."

https://www.otcmarkets.com/filing/html?id=15372329&guid=VTywkqODiSw-B3h#FORM10-Q_HTM_A_001

It's happening...
https://www.mjholdingsinc.com/mj-holdings-inc-passes-nevada-ccb-inspection-will-commence-cultivation-operations

https://www.globenewswire.com/news-release/2021/10/19/2316796/0/en/MJ-Holdings-Inc-Passes-Nevada-CCB-Inspection-Will-Commence-Cultivation-Operations.html

https://mjstocktrader.com/mj-holdings-passes-nevada-ccb-inspection-will-commence-cultivation-operations/
MJ Holdings is one of the largest sun-grown cannabis cultivators in the state of Nevada and is on pace to become one of the largest cultivators in the U.S.
"During our last operation, we averaged up to 4,000 plants per acre, and we are well-situated to move the needle forward with our expected first harvest.”

https://www.mjholdingsinc.com/mj-holdings-receives-approval-to-transfer-cultivation-licenses-to-the-farm-a-260-acre-farm-in-amargosa-valley

Making progress the right way

https://twitter.com/MJ_HoldingsInc/status/1448762444520701953/video/1

TY - great post - great info

Page 13, 14, 15, 16===>
https://elevatenv.com/digital-issue

MJNE

MJNE is GOING UP - DON'T MISS OUT!!

https://twitter.com/MJ_HoldingsInc/status/1394374803218264066/video/1

Independent lounge planned
https://mjbizdaily.com/nevada-marijuana-firms-ready-consumption-lounges-to-serve-tourist-throngs/

Roger Bloss, CEO of MJ Holdings, plans to apply for an independent consumption lounge license because the company does not currently operate any retail stores.

MJ Holdings would package and sell its own products in the consumption lounge. The company also is looking at acquiring a retail store.

“To complete our vertical, we need a retail opportunity and a consumption lounge,” Bloss said. “I’m a big proponent of consumption lounges and finding a way for Nevada’s worldwide global tourist trade to consume cannabis.

“I just don’t like that we put people in uncomfortable positions.”

Bloss noted that, back in the day, Las Vegas didn’t have nightclubs on the Strip, but tourists wanted them, so hotels and casinos built them.

“Once the hotels and casinos realized people were taking their money to other destinations, they started putting nightclubs in the hotels,” Bloss said.

“Vegas will create the ultimate destination for these lounges.”

The largest grow ever recorded in the world was 311 acres in Mexico. MJNE will be the largest grow in North America soon with 260 acres. Am I wrong?
https://www.youtube.com/watch?v=

House Approves Marijuana Banking Reform As Part Of Defense Spending Bill

https://www.marijuanamoment.net/u-s-house-approves-marijuana-banking-reform-as-part-of-defense-spending-bill/

MJNE is about to be the largest cultivator in North America?

260 acres, 1 acre is 43,560 Square Feet. 260 X 43,560 = 11,325,600 square feet.

North America’s Largest Cannabis Growers for 2021
https://www.greenhousegrower.com/crops/north-americas-largest-cannabis-growers-for-2021/


https://www.youtube.com/watch?v=

Dont forget about The Coachillin Resort.
https://www.mjholdingsinc.com/projects
"The Coachillin Inn Resort is an alternative wellness hotel, developed in partnership with Vantage Hospitality. Together, we are developing cannabis-centric hotel properties, the first of which will be in Desert Hot Springs, CA, followed by locations in Las Vegas, Pennsylvania, and North Carolina. This 420 friendly hotel focuses on the wellness aspects of cannabis and will serve as a vehicle to further cannabis tourism and promote MJ Holdings Inc. and its HighLand Brand."
https://coachillin.com/

Looking interesting in here.

MJ Holdings Stock Up On Announcing Debut On OTCQB Market

by
Jelena Martinovic
September 15, 2021 8:55 am

MJ Holdings Stock Up On Announcing Debut On OTCQB Market
Thousands of traders are getting a 90% win-rate trading options! Click Here to See How!

MJ Holdings, Inc.

MJNE
+11.2%
reported that its stock has begun trading on the OTCQB Market under the ticker symbol "MJNE" at the market open on Tuesday, September 14.

Paris Balaouras, founder and chairman of MJ Holdings, which focuses on providing management and consulting services to cannabis enterprises, said that "trading on the OTCQB Market is a step forward for both the company and stakeholders, giving us the comfort and confidence to meet our goals in 2021 and beyond."

Roger Bloss, CEO of the Las Vegas-based company, disclosed that OTCQB listing allows the company to bolster transparency for their shareholders and investors, "providing us with a smooth transition as we expand our efforts to a global audience."

Earlier this year, MJ Holdings announced it was purchasing two cultivation and two production licenses and transferring the proper licenses to its land.

Prior to this, the company inked a letter of intent regarding licenses purchase and has now progressed into a Membership Interest Purchase Agreement.

"In consideration of $1.250M and 200,000 shares of our common stock (Purchase Price), we will soon fully control our own destiny as we have applied to transfer the cultivation licenses to our proprietary land: The Farm," Balaouras stated in February.

Price Action: MJ Holdings' shares traded 6.04% higher at $0.4136 per share after market close on Tuesday.

https://www.benzinga.com/markets/cannabis/21/09/22946195/mj-holdings-stock-up-on-announcing-debut-on-otcqb-market