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MJ HOLDINGS INC. ENTERS CULTIVATION AND SALES AGREEMENT WITH NATURAL GREEN, LLC

Jun 25, 2021
On March 26, 2021 (the “Effective Date”), MJ Holdings, Inc. (“MJNE”) entered into a Cultivation and Sales Agreement (the “Agreement”) with Natural Green, LLC (the “Company”). Under the terms of the Agreement, MJNE shall retain the Company to provide oversight and management of MJNE’s cultivation and sale of products at MJNE’s Amargosa Valley, NV farm. The Agreement shall commence on the Effective Date, continue for a period of ten (10) years and automatically renew for a period of five (5) years. The Company shall be responsible for the compliance, the standard of care, packaging, insurance, labor matters, policies and procedures, testing, record keeping, security, and marketing. The transaction closed on April 7, 2021.

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