AP NEWS

MJIC Announces Northern California Distribution and Delivery Facility

November 27, 2018

OAKLAND, Calif.--(BUSINESS WIRE)--Nov 27, 2018--MJIC, Inc. (“MJIC” or the “Company”), California’s leading provider of fully-licensed cannabis wholesale distribution, retail, compliance and supply chain solutions, announced today that the Company has been granted municipal licenses by the City of Oakland and temporary state licenses by the State of California Bureau of Cannabis Control, and has commenced operations at its distribution and delivery facility in Oakland, California.

This addition to MJIC’s growing portfolio of fully-licensed operations will expand the scope of its services to cannabis businesses throughout the state, as well as to end-consumers in the greater Northern California region.

“Our new Oakland facility allows MJIC to more efficiently serve our customers no matter where they are in California,” said Dmitry Gordeychev, MJIC’s Chief Operating Officer. “This facility expands MJIC’s distribution presence into the San Francisco Bay Area, a core strategic market that represents a key component of the statewide infrastructure we are rapidly developing, and it also provides us an on-demand delivery foothold in the densely populated East Bay region.”

MJIC’s facility in Oakland was licensed under the city’s social equity program, which reserves licensing opportunities for members of communities disproportionately impacted by the war on drugs. MJIC partnered with a local Oakland artist and activist, who sees this partnership as an extension of her work to create a healthy community by helping raise awareness of the many health benefits of cannabis, and delivering the highest quality cannabis products to medical patients and adult-use consumers.

The new Oakland facility complements MJIC’s licensed distribution facility in Coachella, California, which primarily serves the Southern California region. In addition, MJIC expects to commence licensed distribution operations at its facility in Long Beach later this year.

About MJIC, Inc.

MJIC, based in Commerce, California, is the first fully-licensed and integrated infrastructural and services platform for compliant cannabis. The Company services the needs of lawful operators across the supply chain, from the cultivator to the consumer, and from long-haul statewide commerce to the local last mile. MJIC augments this business-to-business value proposition with a growing portfolio of owned and operated retail operations located in major metropolitan markets throughout California and beyond, including brick-and-mortar dispensaries and local on-demand delivery services, as well as e-commerce and subscription offerings. To learn more, please visit: www.mjic.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181127005041/en/

CONTACT: Dave Quast, for MJIC

+ 1 (213) 452-6348

dave.quast@fticonsulting.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: SUPPLY CHAIN MANAGEMENT TRANSPORT HEALTH ALTERNATIVE MEDICINE LOGISTICS/SUPPLY CHAIN MANAGEMENT NATURAL RESOURCES AGRICULTURE RETAIL SPECIALTY

SOURCE: MJIC, Inc.

Copyright Business Wire 2018.

PUB: 11/27/2018 09:28 AM/DISC: 11/27/2018 09:28 AM

http://www.businesswire.com/news/home/20181127005041/en

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