Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 10, 2022, the Company's board of directors elected a new director, Christopher Reasonover, effective as of November 10, 2022.

About Christopher Reasonover

From August 2022 to present, Mr. Reasonover has been acting as compliance manager at MJ Holdings. During 2022, Mr. Reasonover worked remotely as an administrative assistant for Canopy Growth Corporation located in Ontario Canada. In mid-2019 to late 2021, Mr. Reasonover worked in operations and sales for MJ Holdings. From mid-2018 to 2019, Mr. Reasonover was a supervisor for Flex-Tech company in Goshen, IN. Mr. Reasonover has been involved with the cannabis industry since 2019. Mr. Reasonover has an AAS in Business Administration from Ivy Tech Community College in Elkhart, IN.

On November 9, 2022, David Radcliffe, a director of the Company, submitted his resignation as a director effective as of November 9, 2022. Mr. Radcliffe's decision to resign is not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices.




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