Jim Cramer checks in with MJardin Chairman and CEO and GrowForce CEO Rishi Gautam after a merger between his two cannabis companies.
DENVER--(BUSINESS WIRE)--MJardin Group, Inc. (“MJardin” or the “Company”) (CSE:MJAR), a leader in cannabis management, is pleased to announce that the Company will begin trading today on the Canadian Securities Exchange (the “CSE”) under the ticker “MJAR.”
DENVER & TORONTO--(BUSINESS WIRE)--MJardin Group, Inc. (“MJardin” or the “Company”) (CSE: MJAR), a leader in cannabis management, today announced a binding letter of intent (the “LOI”) to acquire GrowForce Holdings Inc. (“GrowForce”), a vertically integrated international cannabis platform headquartered in Toronto. Under the terms of the LOI, MJardin would acquire 100% of the outstanding shares of GrowForce in an all share transaction, representing equity consideration to GrowForce shareholders of approximately C$278 million (the “Proposed Acquisition”).
MJardin is a management company, so we came in as an operator...If you own a license, you may not have the expertise to run a cultivation or extraction in a retail facility. MJardin can come in as a turn-key operator and provide the people and processes...to really run your facility.
A Guide to Investing in the Fast-Emerging Cannabis Industry
A panel of experts at Jim Cramer's Boot Camp for Investors takes a deep dive into cannabis stocks.
Jim Cramer sits down with GrowForce CEO and MJardin Executive Chairman Rishi Gautam, who explains how his companies are taking a dual approach to managing the rise of cannabis.
MJardin Group, a manager of cannabis facilities around North America, said it is looking to invest as much as $30 million into the Nevada marijuana market as recreational sales boom.
MJAR Holdings Corp., Sumtra Diversified Inc. and Sumtra Diversified (USA) Inc. Announce Definitive Agreement for Reverse Take-Over Transaction
MJardin Group a leader in North American cannabis facility management, today announces that it has engaged Canaccord Genuity Corp., to act as sole bookrunner, together with KES 7 Capital Inc. as co-lead agent (collectively, the “Agents”), to sell, on a best efforts private placement basis, pursuant to applicable prospectus and registration exemptions, subscription receipts of MJardin Group to raise equity capital to accelerate the Company’s expanding growth opportunities.
MJardin and GrowForce Launch Cannabis Elevated, a Thought Leadership Podcast That Provides Firsthand Insights into the Cannabis Industry