STOCK TITAN

Exousia Pro Has Appointed Matthew Dwyer As Its New President

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Marijuana Inc. (OTC PINK:MAJI), operating as Exousia Pro, has appointed Matthew Dwyer as its new President. Dwyer brings 37 years of market experience, specializing in OTC markets and SEC procedures. He currently co-owns a brokerage firm and has maintained a clean regulatory record throughout his career.

Dwyer's appointment comes with a performance-based compensation package, including shares and cash bonus upon completing key objectives: company audit, advisory board creation, SEC share registration, OTCQB uplisting, revenue generation through organic growth and acquisitions, and securing investment banking relationships.

The company, a clinical-stage biotech focusing on exosome treatments for cancer and other conditions, aims to advance its glioblastoma therapeutic and commercialize exosome technology. CEO Mike Sheikh emphasized Dwyer's regulatory expertise as important for achieving fully reporting status while avoiding toxic financing structures.

Loading...
Loading translation...

Positive

  • Appointment of experienced President with 37 years of market expertise and clean regulatory record
  • Strategic plan for uplisting to OTCQB status
  • Performance-based compensation structure aligns with shareholder interests
  • Clear focus on avoiding toxic financing structures

Negative

  • No immediate revenue generation
  • Clinical-stage status indicates pre-revenue phase
  • Potential future share dilution from President's compensation package

News Market Reaction 1 Alert

+50.00% News Effect

On the day this news was published, MAJI gained 50.00%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

ORLANDO, FL / ACCESS Newswire / April 2, 2025 / MARIJUANA INC. (OTC PINK:MAJI), dba Exousia Pro, Inc., a clinical-stage biotech company using exosomes in the treatment of cancer and other maladies, is pleased to announce the appointment of Matthew Dwyer to serve as President of the Company.

Mr. Dwyer will serve as President only and will not be a member of the Board. Mr. Dwyer brings over 37 years of market experience and is considered an expert in the OTC market. Mr. Dwyer possesses extensive knowledge of the procedures and processes required to navigate the OTC and the SEC. Mr. Dwyer has held several financial licenses throughout his 37-year career and is currently a part-owner of an active brokerage firm. During his 37 years, Mr. Dwyer has never had any complaints or regulatory issues. Mr. Dwyer has held the position of officer and director in numerous public companies and continues to work as a consultant and financier to several companies, including MAJI.

Mr. Dwyer currently holds no shares of MAJI or has held any; he has agreed to a back-end compensation package. Should he complete all the tasks assigned to him, he will receive shares of the Company and a cash bonus. The following is a list of the tasks assigned:

  1. Audit the Company

  2. Create an Advisory Board

  3. Complete an SEC filing to register the shares

  4. Complete an uplist to OTCQB

  5. Drive revenue into the Company organically and through acquisitions

  6. Find an investment banker to take the Company to the next level

"When I first looked at this deal as a consultant, I realized that out of all the deals I've seen in my career, this one was special," said Matthew Dwyer, President of Exousia Pro, Inc. "I saw the potential to really build a biotech, and didn't want to be on the outside looking in, which is why I'm so grateful for the opportunity to serve shareholders. My strength in operations and fundraising will keep the company's financial compliance on track and I'm extremely focused in supporting our CEO in our strategy to commercialize exosomes and advance our therapeutic in glioblastoma."

"I have personally known and worked with Matthew since 2016," stated Mike Sheikh, CEO of Exousia Pro, Inc. "I have firsthand experience working with him, and I appreciate his knowledge of the industry. His regulatory knowledge is invaluable as we move toward a fully reporting status and beyond. I look forward to collaborating with him as we grow Exousia Pro putting shareholders first and steering clear of any toxic financing structures."

About us

Exousia Pro is a clinical-stage biotechnology company developing new ways to exploit the therapeutic potential of exosomes, initially focused on oncology.The company's patented manufacturing process utilizes plant-based materials to create exosomes used in a number of commercial applications from dermatology to dentistry. The company's proprietary loading technology can infuse a range of molecules from drugs to DNA.

For more information, please visit: www.exousiapro.com

SAFE HARBOR

Forward-looking statements in this release are made under the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Ludwig Enterprises Inc.'s forward-looking statements do not guarantee future performance. This news release includes forward-looking statements concerning the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements due to certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties, and events that may be beyond the control of Ludwig Enterprises, Inc., and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, appropriately price, retain, and complete projects and changes in products and competition.

CONTACT:

Marijuana, Inc.
www.Exousiapro.com
Twitter: @Exousia_Pro

Investor Relations
ir@exousiapro.com

SOURCE: Marijuana Inc.



View the original press release on ACCESS Newswire

FAQ

What are Matthew Dwyer's main objectives as the new President of MAJI?

Dwyer's key objectives include completing company audit, creating an advisory board, SEC share registration, uplisting to OTCQB, driving revenue growth, and securing investment banking relationships.

What is the compensation structure for MAJI's new President Matthew Dwyer?

Dwyer will receive a back-end compensation package including company shares and a cash bonus upon completing his assigned tasks. He currently holds no shares in MAJI.

How will MAJI benefit from Matthew Dwyer's experience in the OTC markets?

Dwyer brings 37 years of OTC market expertise, regulatory knowledge, and clean compliance record, which will help MAJI achieve fully reporting status and navigate SEC procedures.

What are MAJI's current development focus areas in biotechnology?

MAJI focuses on exosome treatments for cancer and other conditions, with specific emphasis on advancing their glioblastoma therapeutic program.
Marijuana Inc.

OTC:MAJI

MAJI Rankings

MAJI Latest News

MAJI Stock Data

5.32M
34.89M
Drug Manufacturers - Specialty & Generic
Healthcare
Link
United States
Estero