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

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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. Those are into crypto trade can make good profit out of trading cannabis cryptocurrencies. The Bitcoin traders who know the efficacy of automated trading platform like crpto bank will be certainly willing to take over cannabis cryptocurrencies; visit https://kryptoszene.de/bitcoin-robot/crypto-bank/ to learn about crypto bank.

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MJardin Group Announces Merger with GrowForce
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”).

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GrowForce Holdings Inc Going Public in October
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.

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GrowForce is poised to be a dominat cannabis producer with its Vertical Integration, Exclusive Agreements and Project Financing.

 
 
 
 

 

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