MJ Harvest, Inc. Reports Earnings Results for the First Quarter Ended August 31, 2021
October 20, 2021 at 04:10 pm
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MJ Harvest, Inc. reported earnings results for the first quarter ended August 31, 2021. For the first quarter, the company reported sales was USD 0.074685 million compared to USD 0.030829 million a year ago. Net loss was USD 0.940194 million compared to USD 0.231004 million a year ago. Basic loss per share was USD 0.04 compared to USD 0.01 a year ago.
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. 
