MJ Harvest, Inc. Auditor Raises 'Going Concern' Doubt
September 12, 2021
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MJ Harvest, Inc. filed its 10-K on Sep 13, 2021 for the period ending May 31, 2021. In this report its auditor, Assure CPA, LLC - DeCoria, Maichel & Teague P.S., gave an unqualified opinion expressing doubt that the company can continue as a going concern.
MJ Harvest, Inc. develops, acquires, and distributes agricultural and horticultural tools and implements for sale primarily to growers and operators in the hemp and cannabis retail industry. The Company owns 100% of G4 Products LLC, (G4), which owns intellectual property for a patented manual Debudder product line marketed under the Original 420 Brand as the Debudder Bucket Lid and Edge (Debudder). The Company also owns 100% of AgroExports LLC (Agro), which serves as the domestic and international distribution arm for sales of agricultural and horticultural tools and implements. It operates a sales portal Website, www.procannagro.com, for online sales of its products. It has acquired manufacturing equipment and two cannabis licenses for a cannabis manufacturing and distribution business in Cathedral City, California, CCCA. It has also expanded its focus to include a minority investment interest in PPK Investment Group, Inc., a vertically integrated cannabis company in Oklahoma.
MJ HARVEST, INC. 
