MSVI - MSVI STOCK NEWS

Mushrooms Inc. (OTC: MSVI) has entered into an exclusive license agreement for a provisional patent related to a novel mycelium thread manufacturing method as of August 22, 2022. This patent aims to develop a sustainable textile material from mycelium, which can replace petroleum-based fabrics. The agreement includes a 90% royalty on net sales and potential commercialization milestones set for mid-2023. The initiative emphasizes eco-friendliness through carbon sequestration and aims to reduce agricultural waste burning, potentially transforming textile production.

Mushrooms Inc. (OTC: MSVI), formerly Marijuana Strategic Ventures, has announced its strategic shift to focus on the industrial mushroom market. As part of this transition, the company is awaiting a name and ticker change. The industrial mushroom sector has seen significant investment, with $750 million directed to private companies in the U.S. alone. Major players such as IKEA and Dell are integrating mushroom-based packaging. Mushrooms Inc. aims to leverage mycelium technology to create innovative, carbon-neutral products while exploring health benefits associated with mushrooms.

Mushrooms, Inc. (OTC: MSVI) reported advancements in its three primary areas: Health, Innovation, and Research & Development. The company secured sourcing for six new Telogenix products, aiming for availability by September. They are building a team for the inaugural MYCO Experience event in California, set for 2023. Significant progress is being made in R&D with a provisional patent to repurpose green industrial waste into environmentally friendly products. A recent bipartisan bill on psychedelics research was also passed, enhancing prospects for the sector.

Mushrooms, Inc. (OTC:MSVI) officially changed its name from Marijuana Strategic Ventures, Inc. on June 27, 2022. The company appoints Kimberly Carlson as CEO, focusing on the functional mushroom industry. The shift aims to explore innovative products with environmental benefits. The company has launched a new website and plans to change its ticker symbol to MYCO, pending FINRA approval. The authorized shares of Series A Preferred Stock have increased from 1,000,000 to 1,500,000, and amended bylaws were adopted to reflect these changes.

Marijuana Strategic Ventures, Inc. (MSVI) announced a partnership with the Emergency Housing Relief non-profit to provide disaster housing globally. The company, through its subsidiary Modular Systems, Inc., will offer customized modular units, starting with aid for families in Ukraine and Poland. The modular units are designed to accommodate specific needs and can shelter multiple families. CEO James Hancock emphasized the unique opportunity for MSVI to contribute to humanitarian efforts through this partnership. This move aims to leverage MSVI's logistics and manufacturing capabilities.

Marijuana Strategic Ventures, Inc. (MSVI) recently announced that its subsidiary, Modular Systems, Inc., has acquired the marketing and distribution rights for Super Box modular units in the U.S. These versatile units are designed for various applications, including agriculture, emergency housing, and office space. CEO James Hancock highlighted their potential for scalability and adaptation to client needs. Notably, these units are uncontaminated from previous use, offering a cleaner alternative to shipping containers. This agreement positions MSVI to capitalize on the growing modular construction market.

Marijuana Strategic Ventures, Inc. (OTC PINK:MSVI) announced plans for aggressive acquisition strategies in the cannabis sector during 2022. CEO James Hancock emphasized the company's goal to identify promising cannabis businesses for partnerships, focusing on vertical integration, management enhancement, branding, and liquidity events. In Q1 2022, MSVI aims to sign at least one letter of intent for a merger, capitalizing on industry trends of increased M&A activities. The company's experienced management team is set to leverage existing relationships and market opportunities to create value for stakeholders.

Marijuana Strategic Ventures, Inc. (OTC PINK:MSVI) has appointed Robert Richardson as Director of Acquisitions to advance its strategy of acquiring income-producing marijuana firms. CEO James Hancock emphasized Richardson's extensive experience in the cannabis and medical supply sectors, which is expected to enhance acquisition efforts. With over 10 years in the medical marijuana industry, Richardson has robust connections with cultivators, distributors, and retailers. MSVI aims to incubate promising cannabis businesses, providing private firms with an exit strategy and access to public market benefits.