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MJ Biotech, Inc. (OTC PINK:MJTV) announces progress with partner Genesis Botanical Research (GBR), who has begun construction on a second foundation to store hemp biomass. This follows the resubmission of designs for the primary extraction facility, which will be expanded to include additional height, square footage, and a commercial loading dock. GBR anticipates a potential oversupply of hemp biomass, prompting plans for operational capacity expansion and satellite sites by early 2022. A PowerPoint presentation will be available for accredited investors upon request.
MJ Biotech, Inc. (MJTV) announced that its first shipment of Covid-19 Rapid Test Kits was delivered to Invest Africa Global in Namibia on April 23, 2021. The nasal swab tests provide results in just 10 minutes, marking a significant advancement for both the company and its partner. The next step involves obtaining clearance from the Namibian Ministry of Health and Social Services. Namibia is located on the West coast of Africa and has a population of over 2.4 million people.
MJ Biotech, Inc. (OTC PINK:MJTV) announced that its CBD Extraction partner, Genesis Botanical Research (GBR), has acquired an additional 115 acres of hemp biomass, increasing the total to 155 acres. GBR aims to ramp up operations by securing more contracts from licensed hemp growers in Maine, targeting full capacity for their extraction facility. The company is also expanding its facility due to the large amount of biomass gathered, with a potential oversupply anticipated.
MJ Biotech Inc. (OTC PINK:MJTV) has successfully shipped its first Purchase Order of COVID-19 Rapid Test Kits to Namibia, comprising 120 units. The nasal swab test provides results in just 10 minutes, facilitating speedy delivery as order quantities increase. This development signifies an important step for both MJ Biotech and Invest Africa Global. Namibia, located on the west coast of Africa, has a population exceeding 2.4 million.
MJ Biotech (OTC PINK:MJTV) has commenced construction on a second foundation to store hemp biomass, signaling its commitment to expanded operations in partnership with Genesis Botanical Research. Contractors are currently bidding for the project, with plans to submit designs for town approval. Additionally, the primary extraction facility's design has been enhanced to include more space for equipment and a loading dock for efficient distribution. The company anticipates potential oversupply of hemp biomass, prompting this proactive expansion initiative.
MJ Biotech, Inc. (OTC PINK:MJTV) has added FDA-approved nasopharyngeal specimen collection swabs for RT-PCR COVID tests to its product line, enhancing its offering alongside existing COVID-19 IgG/IgM Antibody Rapid Test Kits. This expansion follows requests from Invest Africa Global, LLC (IAG), which represents MJ Biotech in Africa and has identified several business opportunities. The newly introduced RT-PCR test provides flexibility for active COVID-19 testing. Samples have already been shipped, and logistics for order fulfillment are being established.
MJ Biotech (OTCQB:MJTV) announced the delivery of CBD extraction equipment by its subsidiary, Genesis Botanical Research (GBR). The equipment is currently being assembled at a temporary location before moving to the permanent facility in Maine. GBR is proactively performing necessary tasks to ensure operational readiness without delays. The company has been researching advanced extraction technology to produce high-quality CBD at reduced costs, aiming for higher profit margins.
