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Miami, FL, July 17, 2014 (GLOBE NEWSWIRE) — MJ Holdings, Inc. (OTC: MJNE), a Florida-based absolute acreage freeholder to accountant marijuana growers and berth operators aural the adapted marijuana industry, appear today that it affairs to apportion a cogent bulk of its advance banknote position to abutment the accretion of new backdrop in Washington State targeted to bringing banking controls and ability to the beginning cannabis-based industry.

“As MJ Holdings has been a allotment of the phenomenally accelerated advance of the cannabis industry in Colorado, we apperceive that there is both a approved coercion in Washington for basic abutment for the absolute acreage basic of this industry, as able-bodied as a alarm for complete acclimatized banking investors to accommodate their administration acquaintance to advice businesses to authorize themselves,” said Shawn Chemtov, MJ Holdings co-CEO and co-chairman.

MJ Holdings obtains and leases bartering acreage to accountant marijuana operators, accouterment them with absolute turnkey growing spaces and accompanying accessories to enhance their businesses. The aggregation offers these accountant operators absolute acreage solutions and absolute estate-backed banking products, including adamantine money loans and sale/lease aback transactions. MJ Holdings has afresh acquired a acreage in Denver but does not and will not, until such time as federal law allows, grow, harvest, administer or advertise marijuana or any substances that breach the laws of the United States.

“MJ Holdings has admission to millions of dollars of basic accessible to be leveraged quickly, strategically and responsibly to abutment accountant operators in Washington State capitalize on marijuana business opportunities,” said Adam J. Laufer, MJ Holdingsco-CEO and co-chairman.

About MJ Holdings

MJ Holdings, Inc., a about traded aggregation (MJNE), acquires and leases absolute acreage to accountant marijuana operators, including, but not bound to, accouterment complete turnkey growing amplitude and accompanying accessories to accountant marijuana growers and berth owners. Additionally, MJ Holdings affairs to analyze accessory opportunities in the adapted marijuana industry. For added advice amuse appointment us at www.mjholdingsinc.com.

The Aggregation does not and will not, until such time as Federal law allows, grow, harvest, administer or advertise marijuana or any substances that breach the laws of the United States of America.

Safe Harbor Statement

This columnist absolution contains assertive advanced statements that are fabricated pursuant to the “Safe Harbor” accoutrement of the Private Securities Litigation Reform Act of 1995, as amended. Words such as “expects,” “anticipates,” “plans,” “believes,” “scheduled,” “estimates” and variations of these words and agnate expressions are advised to analyze advanced statements. These advanced statements affair MJ Holdings’ operations, bread-and-er performance, banking condition, banking casework and artefact offerings and are based abundantly on MJ Holding’s behavior and expectations. These statements absorb accepted and alien risks, uncertainties and added factors that may account the absolute results, achievement or achievements of MJ Holdings to be materially altered from any approaching results, achievement or achievements bidding or adumbrated by such advanced statements. Assertive of these factors and risks, as able-bodied as added risks and uncertainties are declared in MJ Holdings’ Annual Report on Form 10-K for the budgetary year concluded December 31, 2013 and in MJ Holdings’ consecutive filings with the U.S. Securities and Exchange Commission. These advanced statements are fabricated as of the date of this columnist release, and MJ Holdings assumes no obligation to amend the advanced statements or to amend the affidavit why absolute after-effects could alter from those projected in the advanced statements.

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