MJardin Archives

StaffJuly 12, 2021

MJardin Group, Inc. (CSE: MJAR) (OTCQX: MJARF) said that it has decided to suspend construction and certain business activities at the company’s Warman facility effective July 12, 2021. Additionally, MJardin said in a statement that it has launched a Sales and Investment Solicitation Process related to the company, and all its Canadian and US assets. […]

Debra BorchardtApril 30, 2021

MJardin Group, Inc. (OTCQX: MJARF) announced its financial and operating results for its fourth quarter and fiscal year ended December 31, 2020. MJardin also announced it was considering strategic alternatives due to its limited financing. The company delivered revenue of $2.2 million in the fourth quarter of 2020 versus $1.3 million for the same time […]

StaffNovember 5, 2020

MJardin Group, Inc. (CSE: MJAR) (OTCQX: MJARF) reported revenue of $4.8 for its third-quarter ending September 30, 2020. This was lower than the $7.6 million in revenue that the company delivered in the 2019 third quarter. The net income for the quarter was $7.2 million All amounts are expressed in Canadian dollars unless otherwise indicated. […]

Debra BorchardtAugust 6, 2020

MJardin Group, Inc. (CSE: MJAR) (OTCQX: MJARF) reported second-quarter revenue declined to $2.1 million from last year’s restated revenue of $6.8 million for the same time period. Net losses also increased to $12.4 million from last year’s net losses of $6.1 million. The company’s gross margin fell to $850,000 from last year’s $3.6 million, which […]

StaffJuly 14, 2020

MJardin Group, Inc. (OTCQX: MJARF) reported first-quarter revenue dropped to $2.2 million versus last year’s revenue of $10.7 million for the same time period in 2019. The company also delivered a net loss of $8.1 million, which was lower than last year’s first-quarter loss of $14.8 million (all figures in Canadian dollars). ”During the first […]

Debra BorchardtJune 15, 2020

MJardin Group, Inc. (OTCQX: MJARF) reported results for its fourth quarter and fiscal year ending December 31, 2019, with revenue falling to $26.7 million versus $27.5 million in 2018. In addition to the drop in revenue, MJardin delivered a 2019 net loss of $267.5 million versus $81.4 million in 2018. This loss included a $207 […]

Debra BorchardtMarch 31, 2020

MJardin Group, Inc. (CSE: MJAR) (OTCQX: MJARF) decided to terminate its previously announced joint venture partnership with Rama First Nation that included prospective plans for a cultivation facility. The company said that the announcement was part of its ongoing review, evaluation and turnaround process and that it has actioned amendments to the Managed Services Agreements (“MSAs”) […]

Debra BorchardtJanuary 2, 2020

Harvest Health & Recreation Inc. (CSE: HARV)(OTCQX: HRVSF) is buying MJardin’s (OTC: MJARF) 32,000 square foot cultivation facility in Cheyenne, Nevada in a transaction valued at $35 million. Harvest Health said it was being financed by an existing Harvest lender. The company said that $30 million was funded on December 31st with the remaining $5 […]

William SumnerMay 30, 2019

It’s time for your Daily Hit of cannabis financial news for May 30, 2019. On the Site The Economics of Cannabis and Women Led Businesses Women lead almost 30% of the businesses in cannabis and the opportunities are there. This group of distinguished women reviews the best sectors to build a business and how to […]

Debra BorchardtMay 30, 2019

MJardin Group, Inc. (CSE: MJAR) (OTCQX: MJARF) reported its financial results for the quarter ending March 31, 2019, in Canadian dollars. The company delivered revenues of $10.9 million versus last year’s $6.7 million for the same time period. MJardin said it continued to see improvements in the sales of Cannabis from its WILL facility, recording […]

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Tag: MJardin

MJardin Shuts Down Warman Facility, Open To Selling Assets

MJardin Faces Drop In Revenues, Considering Strategic Alternatives

MJardin Sees Drop In Revenues, Increased Operating Losses

MJardin Revenue Declines, AMI Ends Service Agreement

MJardin Reports Big Drop In Revenues, But Also Cuts Losses

MJardin Closes Out 2019 As Company Focuses On Canada

MJardin Just Says No To Rama First Nation

Harvest Health Acquires MJardin’s Cheyenne Property

The Daily Hit: May 30, 2019

MJardin Revenue Increases 60% to $10.9 Million As Company Tries To Steady Itself

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Lykos Therapeutics Secures $100M in Series A Funding, Rebrands from MAPS PBC

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