Kingston, Jamaica--(Newsfile Corp. - January 24, 2020) - Minerco, Inc. (OTC Pink: MINE) ("Minerco" or the "Company") an emerging psilocybin or "Magic" Mushroom Company focused on the research, production and distribution of psilocybin mushrooms, announced today the Company has completed a deal for a twelve (12) acre parcel, located in Portland, Jamaica.

This twelve-acre parcel will allow the Company to create and build the largest "magic mushroom" operation in North America. This facility could produce upwards of 10,000 kilos annually for export to licensed countries throughout the world.

"We are truly now, beginning to dig in," stated Julius Jenge, Chief Executive Officer of Minerco, Inc. Our commitment to research, production and distribution of psilocybin mushrooms, is now a reality, effective January 17th, 2020, when we acquired the Portland Jamaica property. We now have a very solid plan in place, and we anticipate great things coming to fruition."

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.

Contact Information:

Minerco, Inc.

Investor Relations

844-565-5665

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/51788