Mystic Holdings, Inc. is a holding company which, through its wholly owned subsidiaries, is an integrated cannabis company. The Company provides medical and recreational cannabis cultivation and production, and retail dispensary operations for cannabis and cannabis consumer products. The Company, through its subsidiary, Qualcan, LLC (Qualcan), wholesales its products, which include cannabis flowers, edibles and concentrates, under the trademark Qualcan to state-licensed dispensaries utilizing METRC, a state-mandated tracking system. In addition to its wholesale operations, the Company through its wholly owned subsidiaries Picksy, LLC and Picksy Reno, LLC (both of which also do business under the brand name Jade Cannabis Co.), operates two recreational/medical retail dispensaries (one in Clark County, Las Vegas and one in Reno). Qualcan has a cannabis cultivation and production facility with the capacity to produce about 600 pounds of sellable cannabis per month.