Company Overview

Company name: Red Earth
Description: A holding company located in Las Vegas. The asset holdings include a provisional cultivation license to grow marijuana in the city of Las Vegas, Nevada and a triple net leasehold interest in a 17,298 square feet building located at 2310 Western Avenue Las Vegas, Nevada, which is for an initial term of 10 years, with a 12 month rent abatement.
Year founded: 2016
Parent company:
Industry: Business Products and Services (B2B) | Group: Other Business Products and Services | Code:
City: Las Vegas
State: Nevada
Country: United States
Region: Americas

Financial Highlights

Start up capital raised (USD Million):
Business status:
Ownership: Acquired/Merged
Revenue (USD Million):
Gross profit (USD Million):
Net income (USD Million)
Enterprise value:
Earnings before interest, tax, depreciation and amortization (EBITDA):
Fiscal period:
Financing Status: The asset was acquired by MJ Holdings (OTCMKTS: MJNE) for $952,732 on December 15, 2017. The consideration included 52,732,969 shares of common stock of MJ Holdings, par value $0.001 and a Promissory Note in the amount of $900,000.
Number of active investors:
Profile last updated: 08-Sep-2018
Last known valuation: 0.95
Last known valuation date: 15-Dec-2017