Growforce and our vertical integration model.

GrowForce is a geographically diversified and vertically integrated cannabis platform based in Canada, operating within Health Canada’s Access to Cannabis for Medical Purposes Regulations (ACMPR). GrowForce owns a majority interest in multiple cannabis facilities with strategic partnerships for turnkey operations, proprietary software and training, and project financing throughout Canada and other federally legal international markets.

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MJardin Group Announces Definitive Agreement 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 it has signed a definitive agreement to acquire 100% of the outstanding shares of GrowForce Holdings Inc. (“GrowForce”), a vertically integrated international cannabis platform headquartered in Toronto.

MJardin Group Announces Merger with GrowForce

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”).

GrowForce Holdings Inc Going Public in October

GrowForce Holdings Inc is a Toronto-based indoor grow operation that is going public in October. Executive Vice-President of Operations James Lowe explains that the company is a spinout and affiliate of the US-based MJardin Group, the largest grower of cannabis in North America.