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MJ Holdings Inc. Board Reshuffle and Strategic Asset Sale
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MJ Holdings Inc. Board Reshuffle and Strategic Asset Sale

The latest update is out from MJ Holdings Inc (MJNE).

MJ Holdings Inc. has undergone significant board changes with the appointment of Benjawan (Nancy) Tran and Gioong Ho, coupled with the terminations of CEO John Gorst and the resignation of Tom Valenzuela. Importantly, these board adjustments come alongside strategic corporate moves, such as the retention of former CFO Jim Kelly for asset liquidation and restructuring, and the sale of the company’s cannabis assets to BLACK SHEEP 710 CONSULTING, INC., marking a pivotal shift for the company’s future.

For a thorough assessment of MJNE stock, go to TipRanks’ Stock Analysis page.

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