MDJM is a Cayman Islands exempted company that conducts its business through the UK subsidiaries MD UK and Mansions. The firm focuses on real estate development, hospitality operations and asset management services while advancing a strategic shift toward a cultural intellectual property ecosystem centered on Fernie Castle in Scotland. MD UK oversees the acquisition and development of properties such as Fernie Castle and the Robin Hill Hotel, aiming to transform them into mixed use cultural venues that include a fine dining restaurant, a hotel and spaces for parties and weddings. Mansions provides asset management, property leasing, sales, furnishings, routine maintenance and hospitality services to overseas real estate owners and hotel guests, and also manages the day to day operations of the hotels owned by MD UK. In pursuit of its cultural IP strategy, MDJM has signed agreements for the production of two animated short films, one based on the classic Chinese myth Journey to the West and another inspired by Eastern philosophy, and has engaged architects and landscape designers to develop the Fernie Castle Oriental Landscape Project, which is expected to require approximately $10 million in capital investment and to be completed in May 2027.

Revenue is derived mainly from Mansions, which earned $89,664 in the year ended December 31 2025, $48,375 in 2024 and $102,909 in 2023 through asset management fees, property leasing, sales, furnishings, maintenance and hospitality services. MD UK generates income from its hotel operations and property development projects, including the operation of the Robin Hill Hotel, which opened to the public in March 2023, and the ongoing renovation of Fernie Castle for future cultural and hospitality use. Although the company’s cultural IP initiatives have not yet produced revenue, they are expected to generate future income through film distribution, merchandise sales, licensing and cultural event revenues once the projects are completed.

The company operates through the following segments.

• MD UK: This segment focuses on acquiring and developing real estate projects and hospitality assets, including the Fernie Castle and Robin Hill Hotel properties, with the aim of creating mixed use cultural venues that combine a fine dining restaurant, a hotel and event spaces for parties and weddings.

• Mansions: This segment provides asset management and related services to overseas real estate owners, encompassing property leasing, sales, furnishings, routine maintenance, hospitality and butler services, and also manages the day to day operations of the hotels owned by MD UK.

MDJM occupies a niche position in the United Kingdom real estate and hospitality sectors where it differentiates itself through the integration of British historic properties with Eastern cultural elements. The company faces competition from established global real estate agencies such as Jones Lang LaSalle and Savills, from smaller agents like Crown Home Buying Letting and Hanland Global, and from major hotel chains, alternative lodging platforms and tour operators in the hospitality market. Its competitive advantages stem from its unique cultural brand strategy, the ownership of heritage assets such as Fernie Castle, and its focus on delivering personalized, high net worth client experiences that combine property management with bespoke hospitality. Additionally, MDJM’s pipeline of original animated short films and the planned cultural venue at Fernie Castle provide differentiation through content creation and experiential offerings that are not widely available among traditional real estate or hotel operators.

The company’s customers are primarily overseas investors and real estate owners based in the United Kingdom, including high net worth individuals and families with specific needs such as parents of children studying or working abroad. Mansions also serves individuals seeking property management, leasing and sales assistance for residential and commercial assets. The hospitality operations of MD UK serve hotel guests looking for accommodation, fine dining and event venues at its properties, including tourists, business travelers and attendees of weddings or private functions. Historically, the former PRC entities served real estate developers, design institutes and urban infrastructure firms, but those operations have ceased as of the date of this report.