press-release

MJardin Group Announces Conference Call to Discuss GrowForce Merger

DENVER--(BUSINESS WIRE)--MJardin Group, Inc. (“MJardin” or the “Company”) (CSE: MJAR), a leader in cannabis management, today announced that it will host a conference call to discuss the recently announced merger (the “Proposed Acquisition”) with GrowForce Holdings Inc. (“GrowForce”) on Monday, November 19, 2018 at 4:00 p.m. Eastern Time.

MJardin Group Begins Trading on the Canadian Securities Exchange

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.”

MJardin Group Announces Merger With GrowForce To Create The Preeminent Global Cannabis Management Platform

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 Group Engages Canaccord Genuity to Raise Capital Ahead of Going Public

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 Group Announces Equity Capital Raise to Accelerate Expanding Growth Opportunities

DENVER--(BUSINESS WIRE)--MJardin Group (“MJardin” or the “Company”), 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 (the "Subscription Receipts") to raise equity capital (the “Offering”) to accelerate the Company’s expanding growth opportunities.

Plugging The Cannabis Knowledge Gap

The legal cannabis industry is a unique prospect for those looking for a potentially lucrative investment opportunity. In 2017, sales in the US state of Colorado reached $1bn in just eight months, a 21 percent increase from the same period in the previous year. According to Statistics Canada, Canadians spent around CAD 5.7bn ($4.5bn) on both medical and non-medical cannabis in 2017, with numbers expected to swell when the latter is legalised in July this year.