Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointment of New Directors: On November 16, 2023, MJ Holdings Inc.'s board of directors appointed Benjawn (Nancy)Tran and Gioong Ho to the board of directors, effective November 16, 2023.
Resignations/Terminations of Board Members:
On November 16, 2023, John Gorst was terminated as CEO and as a Board Member. These decisions were not the result of any disagreement with the Company on any matter relating to the Company's operations, policies, or practices.
Additionally, on March 5, 2024, Tom Valenzuela submitted his resignation effective as of March 5, 2024. These decisions were not the result of any disagreement with the Company on any matter relating to the Company's operations, policies, or practices.
Details of New Directors:
1.
Benjawan Tran:Benjawan (Nancy) Tran holds a degree in accounting and acted as the company's internal bookkeeper. She resides in Las Vegas.
2.
Gioong Ho:Mr. Ho in an independent businessman with years of relevant experience in the cannabis space both in the Nevada market and elsewhere nationally.
Attachments
Original Link
Permalink
Disclaimer
MJ Holdings Inc. published this content on
22 March 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
22 March 2024 10:03:22 UTC.
MJ Holdings, Inc. is a diversified cannabis holding company. The Company is engaged in providing cultivation management, asset and infrastructure development in the Las Vegas market. It is focused on providing a 360-degree spectrum of infrastructure, including cannabis cultivation, production of cannabis related products, management services, dispensaries, and consulting services. The Companyâs subsidiaries include Prescott Management, LLC, which provides day-to-day management and operational oversight to the Companyâs operating subsidiaries; Icon Management, LLC, which provides human resource management (HR) services to the Company and is responsible for all payroll activities and administration of employee benefit plans and programs; Farm Road, LLC, which owns approximately 260 acres of farmland in Amargosa Valley, Nevada; Condo Highrise Management, LLC, which manages the Company owned Trailer Park in Amargosa, Nevada; and Red Earth Holdings, LLC.