Company Information

Get to know mjic inc.

Originally founded as MJIC, Inc., the company began as a private equity firm focused on investing in the emerging legal cannabis sector. In May 2020, it rebranded to ManifestSeven (M7) to reflect its strategic shift to becoming a fully-integrated, licensed omnichannel operator. M7's business model encompassed the entire cannabis supply chain in California, including wholesale distribution, a B2B e-commerce marketplace (1-800-CANNABIS), and direct-to-consumer retail delivery through its subsidiary, M Delivers. The company aimed to consolidate a fragmented market by providing a comprehensive suite of services to cultivators, manufacturers, and retailers. However, the company faced financial difficulties, ultimately filing for Chapter 11 bankruptcy protection in April 2022, which led to the sale of its assets and the cessation of its operations.

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mjic inc.

United States

Founded in

2014 (12 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.