Market Overview

MJIC Issued California Statewide Cannabis Distribution License

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Coachella, CA will be a keystone distribution hub in MJIC's
fully-compliant "green gateway" infrastructure, allowing the Company to
transport cannabis products throughout California

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 Coachella and temporary state
licenses by the State of California Bureau of Cannabis Control in
connection with its distribution facility located in Coachella,
California. These licenses allow MJIC to distribute cannabis products
from its Coachella facility throughout the entire state of California on
a fully-compliant basis.

"MJIC is building a fully-compliant cannabis infrastructure across
California, a ‘green gateway' that provides cultivators, manufacturers
and retailers with the channels they need to efficiently and legally
operate in the state," said Sturges Karban, CEO of MJIC. "These licenses
give MJIC the ability to distribute from the desert to the Pacific, up
the coast, and everywhere in between, and are a significant development
in our expansion throughout California."

Following its receipt of the licenses, MJIC has retrofitted the
Coachella facility into a state-of-the-art distribution center that will
allow the Company to provide a comprehensive suite of wholesale
distribution solutions to compliant cannabis operators throughout
California.

In addition to its fully-licensed Coachella facility, MJIC continues to
expand its infrastructure to address the growing demand for compliant
distribution of cannabis products in California following the expiration
on July 1, 2018 of the transition period provided by the State of
California for cannabis operators to achieve full compliance with all
applicable regulations. MJIC expects to obtain municipal and state
licenses in connection with its distribution facilities in Oakland and
Long Beach during the third and fourth quarters of 2018, respectively.

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.

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