PALATKA, FL, July 03, 2018 (GLOBE NEWSWIRE) -- Majestic Oil & Gas, Inc. (OTC: MJOG) (the "Company") is pleased to announce that it has signed a Letter of Intent (LOI) with Urban Garden Supply (“UGS”), the premier destination for indoor garden supplies in Portland, Oregon. With both retail and wholesale warehousing, and a national online presence, UGS has over 60 combined years of gardening experience. Urban Garden Supply’s associates can answer any gardening questions, no matter how large, small, or off the wall. Urban Garden carries the best products on the market and, more importantly, has a vast amount of experience using them. With annual revenue in excess of $1.8 million dollars, UGS specializes in all types of indoor gardening supplies, from lighting, containers, aeration systems, tools, and all other necessary equipment. Urban Garden has a tremendous ecommerce presence via their website and have the ability to ship products from coast to coast.
Calvin Lewis, CEO of MJOG, said, “The relationship with Urban Garden represents a powerful opportunity for MJOG to significantly expand our presence in the hemp and cannabis supply space. The website presence and online store gives Urban Garden a national opportunity and global sales. Urban Garden has clearly demonstrated its ability to apply its considerable resources and expertise not only to enter, but to lead major market segments. We’re excited to partner with Urban Garden as we focus our combined energies serving a broader range of customers with industry-leading supplies and solutions.”
About Urban Garden Supply, LLC.
Urban Garden Supply is the premier indoor garden destination in Portland, Oregon. Our retail/wholesale warehouse is located in outer SE Portland in the Clackamas neighborhood. With over 60 combined years of gardening experience, Urban Garden Supply associates can answer all of your gardening questions, no matter how large, small, or off the wall. We carry the best products on the market and, more importantly, have vast amounts of experience using them.
About Majestic Group Holdings, Inc.
Majestic Group Holdings Company was created to acquire and build a portfolio of some of the best companies in the Cannabis Market today. With demand rising, and the industry booming, legal marijuana operators and companies in the cannabis industry are racing to develop new products and services, acquire land and other assets to enable the enhancement of drastically increasing revenue streams and production capabilities. We bring the best management available to expand these companies to their maximum growth, and potential. Majestic has, and continues to acquire companies that will create tremendous synergies, bring additional revenue, and provide the greatest structure possible, so the Company can deliver the strongest values for their shareholders.
Safe Harbor Statement
This news release may contain "forward-looking" statements. These forward-looking statements are only predictions and are subject to certain risks, uncertainties and assumptions that could cause actual results to differ from those in the forward looking-statements. Potential risks and uncertainties include such factors as uncertainty of consumer demand for the Company's products, as well as additional risks and uncertainties that are identified and described in Company's SEC reports. Actual results may differ materially from the forward-looking statements in this press release. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company does not undertake, and it specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.