Mj Harvest, Inc. Reports Earnings Results for the Full Year Ended May 31, 2021
September 13, 2021 at 08:17 pm
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MJ Harvest, Inc. announced earnings results for the full year ended May 31, 2021. For the full year, the company announced sales was USD 89,186 compared to USD 129,975 a year ago. Net loss was USD 4.915 million compared to USD 1.963 million a year ago. Basic loss per share from continuing operations was USD 0.21 compared to USD 0.1 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. 