Minerco Inc the Magic Mushroom Company Appoints Health Care Consultant Paul Hoonjan as President

Oakland, California--(Newsfile Corp. - January 11, 2021) - The Magic Mushroom Company (OTCP Pink: MINE) specializing in growing, research, production and distribution of psilocybin mushrooms, announced today that Paul Hoonjan has been appointed as its new President.

Hoonjan brings extensive experience, notably in the development and management of strategic opportunities, corporate alliances and bringing therapeutic products to market.

"For almost 6 years, Hoonjan has overseen Cannabis and Mushroom development in Runaway Bay, Jamaica managing international client base. Hoonjan's expertise in shipping, contracting, negotiating, labor development, and building supply lines will reinforce Minerco's leadership in the emerging market.

"Research trials involving psilocybin require a unique focus in healthcare. Minerco's strategy is to develop strains focused on mental healing as well as combining supplements to assist in the natural care space makes this appointment a unique balance of traditional Medicine and many Jamaican remedy's will give MINE an opportunity to show the world Jamaica's ancient supplements.

"Paul Hoonjan is a phenomenal addition to our business Model. His background in Health and Wellness rounds out our edges for global growth. We welcome him on board. In addition we look forward to completing the process with OTC markets to become pink current and provide more transparency to our Shareholders.," says Minerco CEO Julius Jenge.

About Minerco, Inc. (OTC Pink: MINE)

Minerco, Inc. (OTC Pink: MINE), was recently acquired by a psilocybin research and investment firm and is emerging as the world's first publicly traded company focused on the research, production and distribution of psilocybin mushrooms.




Minerco, Inc. Forward-Looking Statements

This press release contains statements that the Company believes to be "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than historical facts, including, without limitation, statements regarding the investment offerings and the terms thereof, are forward-looking statements. When used in this press release, words such as we "expect", "intend", "plan", "estimate", "anticipate", "believe", "should", or the negative thereof or similar terminology are generally intended to identify forward-looking statements. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. Investors should not place undue reliance upon forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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