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.
Investors interested in participating in the live call can dial (888) 394-8218 from the U.S. and Canada or international callers can dial (323) 794-2591. A telephone replay will be available approximately two hours after the call concludes and will be available through Monday, November 26, 2018, by dialing (844) 512-2921 from the U.S. and Canada or (412) 317-6671 from international locations, and entering confirmation code 6973279.
There also will be a simultaneous, live webcast available on the Investors – Events and Presentations section of the Company's web site at http://investors.mjardin.com/ or directly at http://public.viavid.com/index.php?id=132368. The webcast will be archived for approximately 90 days on the Company’s website.
About MJardin Group
MJardin is a specialized global cannabis management platform that develops partnerships with licensed operators. MJardin provides its partners turnkey cannabis cultivation, processing and retail solutions, including licensure support, facility design, systems implementation, facility ramp-up and the day-to-day operational management required in a large-scale, professionally managed cannabis facility. MJardin is headquartered in Denver, Colorado with an additional office in Toronto, Ontario. For more information, please visit www.mjardin.com.
About GrowForce Holdings
GrowForce is a geographically diversified and vertically integrated cannabis platform operating within Health Canada’s Cannabis Act (formerly known as the Access to Cannabis for Medical Purposes Regulations). GrowForce owns a majority interest in flagship cannabis facilities with strategic partnerships for turnkey operations, proprietary software and training, and project financing. GrowForce's flagship facilities are operated by MJardin Group, North America's largest turnkey operator of legal cannabis facilities, and financed by Bridging Finance Inc., Canada's leading provider of private credit. For more information, please visit www.growforce.ca.
The CSE has not in any way passed upon the merits of the Proposed Acquisition and has neither approved nor disapproved the contents of this news release. The Proposed Acquisition cannot close until the required approvals are obtained. There can be no assurance that the Proposed Acquisition will be completed as proposed or at all.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.Forward-Looking Information
This news release contains forward-looking information based on current expectations. Statements about, among other things, the closing of the Proposed Acquisition, expected terms and conditions of the Proposed Acquisition, future developments and the business and operations of MJardin and GrowForce, the completion, terms and consideration to be provided for the Proposed Acquisition are all forward-looking information. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Such factors include, but are not limited to: the parties’ ability to satisfy various closing conditions of the Proposed Acquisition, including receipt of all regulatory and shareholder approvals, receipt of the requisite approval of investors under the GrowForce subscription receipt financing, and the ability to integrate both companies and pursue growth, financing and other strategic objectives. Although such statements are based on management’s reasonable assumptions at the date such statements are made, there can be no assurance that the Proposed Acquisition will occur or that, if the Proposed Acquisition does occur, it will be completed on the terms described above and that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Accordingly,readers should not place undue reliance on the forward-looking information. MJardin assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181116005528/en/
Cory Ziskind, ICR
Capital Markets & Investor Relations
Chief Financial Officer