MDJH - MDJM agrees to acquire Fernie Castle Hotel from Braveheart

• MDJM ( NASDAQ: MDJH ) said that its wholly owned subsidiary in U.K., MD Local Global, entered into an Offer to sell with Braveheart Hotels, a United Kingdom company, pursuant to which MD UK agreed to purchase Fernie Castle Hotel located in Scotland from Braveheart.
• The move will be an important initiative for the company's business transformation and expansion to specialty hotels, tourism and cultural markets in Europe.
• The castle consists of an altered 16th century L-plan tower house and has been renovated and expanded multiple times to cater to the expectation of today's visitors while preserving characteristics of the past.
• The company intends to position the castle as the headquarters for its business in iconic assets and plans to maximize the castle's unique historical and cultural value through branding and other strategic initiatives.

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