CHEYENNE, Wyo., Feb. 14, 2018 (GLOBE NEWSWIRE) — MJ Biotech, Inc. (FKA Michael James Enterprises, Inc.) (OTC:MJTV) is in the process of completing its acquisition of Zen Hero, Inc. with the expectation of closing this transaction by the middle of the 2nd quarter 2018.
Zen Hero, Inc. DBA Zen’s Tea House, founded in 2012, is a Southern California based manufacturing-retailer that specializes in Loose Leaf Botanical Nutraceuticals. Zen’s Tea House works with licensed nutritionists, naturopathic doctors, and holistic medical practitioners creating beneficial herbal remedies. Many people use these blends as an organic alternative. The rising demand for these Nutraceuticals has created a growth in multi-channel retail outlets, establishing Zen’s Tea House as a leading tea and herb retailer in Southern California. Zen’s Tea House creates proprietary blends for Doctors and their patients while maintaining a wide assortment of Teas and Herbs available for public consumption
Zen’s Tea House primarily operates in Farmers Markets and Private Events. Zen’s Tea House Founder, Fernando Lopez, is well respected in the holistic Nutraceutical industry and is the primary developer of the company’s proprietary blends of Teas and Herbs. Zen’s Tea House currently operates in over 30 Farmers Markets and expects to increase its distribution with an additional 20 markets over the next 12 months.
The Company will increase its communications with the investing community as the occasions occur.
Safe Harbor Statement
This release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are commonly identified by words such as “would,” “may,” “will,” “expects,” and other terms with similar meaning. Forward-looking statements are based on current beliefs, assumptions and expectations and speak only as of the date of this release and involve risks and uncertainties that could cause actual results to differ materially from current expectations. We assume no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or any other reason.
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
A video accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/dc7f0f1a-4458-4c44-83c1-d06caf27a512