MJ HOLDINGS, INC. : Entry into a Material Definitive Agreement, Completion of Acquisition or Disposition of Assets (form 8-K)

Item 1.01. Entry into a Material Definitive Agreement.

On December12, 2020, the Company, through its wholly owned subsidiary (Prescott Management, LLC), entered into a sales contract with Helping Hands Support, Inc. for the sale of the Company's commercial building located at 1300 South Jones Boulevard, Las Vegas, Nevada 89146.

Item 2.01 Completion of Acquisition or Disposition of Assets.

On January 12, 2021, the Company completed the sale of its commercial building for $1,627,500.

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