Las Vegas, Nevada, Sept. 01, 2022 (GLOBE NEWSWIRE) — MJ Holdings Inc. (OTCQB: MJNE), a highly diversified, publicly traded, penny-stock exempt cannabis holding company, is delighted to announce the appointment of Mr. John Tabacco as Vice President of Digital Asset Strategy.
Al Reasonover, Chief Operating Officer, is pleased to welcome John Tabacco, former President of Overstock.com Digital Asset subsidiary Tzero, to join MJ Holdings as Vice President of Digital Asset Strategy. “Mr. Tabacco will lead the company’s newest initiative in developing a business strategy to combine a digital asset and a cannabis product,” Mr. Reasonover said.
John is a globally recognized thought leader and an early adopter, inventor and innovator in crypto and blockchain. Mr. Tabacco will provide guidance and recommendations in the development and implementation of strategy for future cannabis digital assets and blockchain innovation.
Mr. Tabacco was part of the founding team as one of the architects of the Overstock.com Medici blockchain incubator. As a pioneer in digital assets, Mr. Tabacco led the team in developing the first digital security ecosystem approved under federal securities laws since its inception. In addition, Mr. Tabacco was part of an instrumental group in the invention and creation of patents, which are granted today. He is recognized by the USPTO as an inventor on granted digital asset and blockchain patents.
John said, “I’ve spent 25 years building, developing, designing and selling businesses worth over $500 million. My track record is to initiate, ignite, disrupt and exponentially grow shareholder value. I have strategic investments and relationships with many global leaders in digital assets and intend to leverage them into disruptive cannabis game-changing technologies and programs. I haven’t seen a company better positioned than MJ Holdings to execute an aggressive forward strategy marrying Cannabis and Crypto. Many have talked about bringing cannabis culture and digital assets closer together, but none have achieved this goal. “MJ has all the elements to be the first to achieve this goal,” says CCO Paris Balaouras.
John is currently the host and executive producer of Wiseguys on Newsmax TV (www.newsmaxtv.com/Shows/Wise-Guys-with-John-Tabacco), where he shares thoughts, ideas and visions with a cast at nearly 80 million households across multiple platforms. The unique combination of cutting-edge innovation, expertise in new product development and advancement combined with a brand campaign to create awareness positions MJ Holdings to become a global leader in digital asset excellence that is changing the paradigm.
About MJ Holdings, Inc.
MJ Holdings Inc. (OTCQB: MJNE) is a highly diversified, publicly traded, penny-stock exempt cannabis holding company headquartered in the greater Las Vegas area. MJ Holdings currently provides cultivation management, licensing support, production management, and asset and infrastructure development.
Information provided in this press release may include forward-looking statements relating to future events or the future financial performance of the Company. Because these statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by these forward-looking statements. Words such as “anticipates”, “plans”, “expects”, “intends”, “will”, “potential”, “hopes” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on the Company’s current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements due to various risks and uncertainties. Detailed information regarding factors that could cause actual results to differ materially from the results expressed or implied by statements in this press release about the Company may be found in the Company’s periodic filings with the Securities and Exchange. Commission, including the factors described in the sections entitled “Risk Factors”, copies of which may be obtained on the SEC’s website at www.sec.gov. The parties undertake no obligation to update any forward-looking statements contained in this press release.
Company details :
Roger Bloss, Managing Director
John Tabacco, Vice President of Digital Asset Strategy