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Ø LOI Signed with
Jamaican Firm Lazurus for Export to Canada & Europe.
Minerco,
Inc. (MINE) “The Magic Mushroom Company,” is the world's first publicly
traded company specializing in growing, research, production and distribution
of psilocybin mushrooms and marketing worldwide. In addition, MINE also seeks
to acquire and invest in CBD operating companies' extraction, edibles, topical,
white label products etc.
Ø Music Icon Sean Kingston Welcomed as Newest
Ambassador
The global sensation joins MINE at a critical time
with the upcoming launch of their blockchain token SHRU
On
February 28th MINE announced that musical icon, Sean
Kingston, has joined the company’s mission through their ambassador program.
This decision comes at a strategic time for the botanical sector with the
upcoming launch of blockchain token SHRU. Kingston, who is of Jamaican origin,
has witnessed the medicinal benefits that plants such as psilocybin and
cannabis provide, as both are legal in Jamaica and are commonly used for
treatment methods.
Kingston,
who has over 1.2 million Instagram and 2.9 million Twitter followers, brings to
MINE a strong network people who view him as an innovator or
trendsetter. As a result, he will be able to use these social media platforms
and other channels to help raise awareness on the company's overall mission to
educate the masses on botanical products such as cannabis or psilocybin. By
partnering with a global figure of Kingston's stature, the MINE reach
can broaden exponentially, especially with their blockchain token SHRU being
available to the public come March 1, 2021.
In
response to the announcement of his affiliation with MINE, Kingston made
this statement: "I have been building a relationship with Minerco for a
while as I am 100% behind in their mission as a company. In Jamaica, we have
been using cannabis and psilocybin for medicinal purposes for years now and
have seen the positive effects that it can have on people who suffer from
physical and emotional challenges. The anticipated launch of SHRU definitely
accelerated the process in making our strategic partnership official, and now I
am ready to help in any way possible. These are exciting times."
There
are two ways that MINE customers can utilize SHRU. They can either go
through SHRUCOIN.COM and purchase the token or go through the application
SHRUCOIN PAY where credit card payments are an option. Additionally, SHRUCOIN
Pay will contain certain APIs for the application’s interface to connect with
outside payment apps such as PayPal and Cashapp for purchases related to
Cannabis and Psilocybin.
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On
January 25th PSYC, a digital media leader within the emerging sector
of medicinal psychedelics, announced a Joint Venture Partnership MINE. The JV creates an opportunity for the
companies to collaborate on the co-development and hosting of virtual
conferences and forums focused on educating, informing, and showcasing the
potential medicinal benefits of psilocybin mushrooms, including the
psilocybin-based products MINE is developing. Additionally, the JV
allows for PSYC to serve as one of the primary digital marketing partners for MINE
as they move forward with their focus of bringing their products to
market.
Ø MINE Appoints Health Care Consultant Paul Hoonjan
as President
On
January 11th MINE announced that Paul Hoonjan has been
appointed as its new President. Hoonjan brings extensive experience, notably in
the development and management of strategic opportunities, corporate alliances
and bringing therapeutic products to market. For almost 6 years, Hoonjan has
overseen Cannabis and Mushroom development in Runaway Bay, Jamaica managing
international client base. Hoonjan's expertise in shipping, contracting,
negotiating, labor development, and building supply lines will reinforce MINE
leadership in the emerging global market.
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On
January 4th MINE announced a Joint Venture letter of intent
with Lazurus Holistic to serve as psilocybin experts to grow and develop a
unique strain of mushrooms specific to Jamaica. In addition, through the JV
with Lazurus, MINE will inherit multiple cannabis licenses to grow,
process, extract cannabis as well as psilocybin. This partnership will enable MINE
to have a continuous supply of product to fill its 1 million microdots capacity
daily. MINE plans to export its wholesale product to Europe and Canada,
as well as create is own brand "DOTMINES."
MINE and Lazurus Holistic plan to retrofit its 100 acre
farm into a state of the art production facility that can produce over 5000
Mushrooms and 1000 Cannabis pounds monthly. Through this Joint Venture, the
company plans to advance its operations into the Cannabis /CBD/Psilocybin white
label market.
Lazurus
Holisitic an expert in mycelium recently completed its first export of
Psilocybin mushrooms to Mydecine Innovations Group Inc. in Canada. The MINE/Lazurus
Joint Venture will expand to export globally. The market penetration is
approaching $7 billion by 2027.
In
addition, MINE will purchase manufacturing equipment to produce up 1
million tablets of psilocybin microdots daily that will be sold in legal
markets, plus a line of medical graded mushrooms sold nationwide.
For more information on Minerco, Inc. (MINE) visit: http://www.minercoinc.com/
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