MJ Harvest, Inc. Enters into an Agreement to Acquire a Ten Percent Ownership Interest in Blip Holdings LLC and to Co-Develop Blip Branded Products

Oct 15, 2021

LAS VEGAS, NV / ACCESSWIRE / October 15, 2021 / MJ Harvest, Inc. ("MJHI") (OTCQB:MJHI) announced today that it and its portfolio company PPK Investment Group, Inc. ("PPK") entered into an agreement to acquire 10% of Blip Holdings, LLC ("BLIP"), a California-based company that develops and markets THC and cannabis vape products in California under the BLVK Brand. MJHI and PPK have agreed to work with BLIP, as exclusive distributor, to expand the BLVK brand to the states of Oklahoma and South Dakota using PPK's distribution channels. PPK will also provide manufacturing and packaging of the BLVK products for distribution in Oklahoma and South Dakota. BLIP has agreed to provide PPK and MJHI with technical information, product formulations, and the licensed service marks necessary to promote and distribute the BLVK products. The agreement may be expanded beyond Oklahoma and South Dakota as MJHI and PPK gain presence in other markets. BLIP will also continue its new product development efforts and as new products are commercialized, will add those products to PPK's distribution channels.

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