MJardin Archives

William SumnerMay 8, 2019

It’s time for your Daily Hit of cannabis financial news for May 7, 2019. On the Site Investors Are Bullish On Cannabis, According to KCSA Survey Investors are feeling bullish about the cannabis industry, according to a new survey released by KCSA Strategic Communications. Titled the Cannabis Investor Survey, KCSA polled over 250 retail cannabis […]

Debra BorchardtNovember 28, 2018

MJardin Group MJardin Group, Inc. (CSE: MJAR), reported financial results for its third quarter ended September 30, 2018. The company’s revenue increased 65.1% to $7.0 million versus last year’s $4.3 million. The company said that the revenue growth was driven primarily by facility design and build-out fees earned from GrowForce for cultivation centers, interest […]

Debra BorchardtNovember 15, 2018

MJardin Group signed a letter of intent to acquire Toronto-based cannabis company GrowForce Holdings Inc. MJardin will own 100% of the outstanding shares of GrowForce in an all-stock deal valued at approximately C$275 million. In addition to that, MJardin began trading on the Canadian Securities Exchange using the symbol MJAR. MJardin projects that it will bring in […]

Anne-Marie FischerSeptember 6, 2018

Earlier this year, MJardin Group, North America’s largest operator of turnkey cannabis facilities, announced the creation of a new company, GrowForce Holdings Inc (“GrowForce”). GrowForce has a mission to become one of the premium licensed producers (LPs) in Canada, and other federally legal markets worldwide. Shares were offered to all of the securities holders of […]

Debra BorchardtAugust 7, 2018

Canadian-based cannabis platform GrowForce Holdings Inc. closed its previously announced equity capital raise giving the company more than C$38 million in gross proceeds. GrowForce plans to use the funding for cultivation expansion and strategic acquisitions of high-quality assets, and general working capital. The offering was completed in connection with GrowForce’s previously announced proposed reverse take-over (RTO) of […]

Debra BorchardtJuly 12, 2018

Denver-based MJardin has engaged Canaccord Genuity along with KES 7 Capital Inc. to pursue a private placement to raise money to hasten the company’s expansion strategy. The offering will be complete along with the company’s previously announced reverse take-over of Sumtra Diversified Inc. The shares will be listed on the Canadian Stock Exchange. “This capital raise will […]

Jack SmithDecember 28, 2017

With the cannabis industry still in its nascent stages, consolidation is bound to happen, as companies look to capture as much of it as they can. And MJardin wants to be a part of that. Denver, CO.-based MJardin announced it has closed on $20 million in financing (both equity and debt) from KES 7 Capital to acquire […]

Emerson BrownNovember 21, 2017

History is being made in the Lone Star State as Texas prepares to open its first medical marijuana dispensaries. The state of Texas saw Compassionate Cultivation as one of two companies to set the tone for the state when it comes to the current market for cannabis and the treatment of epilepsy. The dispensary is […]

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Tag: MJardin

The Daily Hit: May 7, 2019

Earnings Roundup: MJardin, iAnthus and Charlotte’s Web

MJardin Acquires GrowForce, Begins Trading On CSE

MJardin Launches New Company – GrowForce

GrowForce Raises C$38 Million

MJardin Embarks On Equity Capital Raise

MJardin Group Receives $20M in Financing As It Hunts For Acquisitions

Texas Gets Closer To Opening Its Medical Marijuana Facilities

The Daily Hit - TEST TEST TEST

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

Functional Mushrooms Move Into Mainstream as Wellness Trend Grows

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