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MJardin Group Announces Closing of GrowForce Acquisition To Create The Preeminent Global Cannabis Management Platform

DENVER, December 3, 2018 – MJardin Group, Inc. (“MJardin” or the “Company”) (CSE: MJAR), a  leader in cannabis management, today announced the closing of its acquisition of GrowForce Holdings Inc. (“GrowForce”), a vertically integrated international cannabis platform headquartered in Toronto and the release to the Company of the net proceeds of GrowForce’s July 2018 subscription receipt financing. The transactions were completed after the closing of markets on November 30, 2018. 

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NEWS, NewsJocelyn Advent
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.

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News, NEWSJocelyn Advent
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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