MJ HARVEST INC - MJHI STOCK NEWS

MJ Harvest, Inc. (OTCQB:MJHI) announced a non-binding term sheet with PPK Investment Group to acquire assets from AOK Ventures, which includes the Sublime cannabis brand in Oklahoma. The acquisition will enable PPK to manufacture and market Sublime products, utilize AOK's existing facilities, and acquire operational assets. There are no established timelines for the transaction's completion, and it is subject to due diligence and negotiations. This move aims to enhance distribution channels and expand the Sublime brand into additional markets.

MJ Harvest, Inc. (MJHI) announced its CEO Patrick Bilton will attend the grand opening of South Dakota's first medical cannabis dispensary on July 1, 2021. Following the passage of Measure 26 which legalized medical cannabis in South Dakota, the dispensary will serve patients with referrals from licensed physicians. Notably, MJHI is linked to the Flandreau Santee Sioux Tribe through a joint venture with PPK Investment Group, which has exclusive rights to a new THC product line in Oklahoma. The tribe has plans for cannabis expansion beyond its reservation.

MJ Harvest, Inc. (OTCQB:MJHI) announced the launch of its new THC-infused edible product, Milk N Cookies Chronic Buds, targeting approximately 1,000 dispensaries in Oklahoma. The product is part of a manufacturing and distribution agreement with PPK Investment Group, which will handle marketing and sales. MJHI aims to raise $10 million via a Regulation A offering to expand its stake in PPK and grow its market presence. PPK is also exploring opportunities in Arizona, South Dakota, and California.

MJ Harvest (OTCQB:MJHI) has acquired the domain name MJHI.com to enhance its marketing strategy. This rebranding aligns with a trend where the company's acronym has gained popularity among investors. Additionally, MJHI is strengthening ties with PPK Investment Group through a joint venture with FSST Pharms LLC owned by the Flandreau Santee Sioux Tribe. The company is also pursuing a Regulation A offering to raise up to $10 million to expand its operations, particularly in Oklahoma, Arizona, and South Dakota.

MJ Harvest, Inc. (OTCQB:MJHI) has announced the winner of a national contest, granting a Florida resident a unique racing experience with legend Randy Lanier at Sebring International Speedway. This promotion aims to enhance the reach of its ProCannaGrow.com online store, offering a variety of cannabis and hemp cultivation products. The global cannabis market is projected to reach $30 billion by 2025, driving demand for MJHI's offerings. Additionally, MJHI is preparing a Regulation A offering to raise up to $10 million for expanding operations and equity in PPK Investment Group.

MJ Harvest, Inc. (OTCQB:MJHI) has entered a significant joint venture with PPK Investment Group and FSST Pharms, LLC, owned by the Flandreau Santee Sioux Tribe. This collaboration aims to leverage cannabis cultivation and sales, significantly expanding business opportunities for all parties involved. MJHI holds a 10% stake in PPK, with options to acquire up to 100% by March 31, 2023. The joint venture is poised to enhance both companies' brands across Oklahoma and South Dakota, with PPK planning to tap into the growing cannabis market.

MJ Harvest, Inc. (OTCQB:MJHI) has converted its loan to PPK Investment Group into a 6.2% equity stake and acquired an additional 3.8% ownership by issuing 1,520,000 shares of MJHI common stock. This brings MJHI's total investment in PPK to 10%, with an option to increase ownership up to 100% by March 31, 2023. PPK operates as Country Cannabis, focusing on cannabis product sales in Oklahoma and expanding into Arizona and California. MJHI plans to raise $7.5 million for further investments and synergies with PPK.

MJ Harvest, Inc. (OTCQB:MJHI) has signed a term sheet with International Brands Group (IBG) through its affiliate PPK Investment Group, Inc. to produce and market a new THC-infused product line in Oklahoma. PPK, currently distributing Country Cannabis products to over 1000 dispensaries, will have exclusive sales rights for Chronic Brand's products in the state. IBG will assist with marketing and brand development. This partnership aims to expand PPK's offerings and replicate IBG's success in the CBD sector with THC products.

MJ Harvest, Inc. (OTCQB:MJHI) has announced the closing of a $620,000 convertible note loan to PPK Investment Group, Inc., which operates as Country Cannabis, a cannabis company in Oklahoma. This loan, bearing a 6% interest rate, allows MJHI to convert the note into a 6.2% equity stake in PPK upon compliance with state regulations. The company's strategy aims to foster a strong partnership and expand ownership in PPK, potentially increasing to 100% by March 31, 2023. The CEO of PPK, Clinton Pyatt, will remain in his role for three more years, focusing on expansion.