DENVER and TORONTO – MJardin Group, Inc. (“MJardin” or the “Company”) (CSE: MJAR) (OTCQX: MJARF), a leader in premium cannabis production, today announced that it has received approval, and executed a master service agreement (the “MSA”) with the Ontario Cannabis Store (the “OCS”), for the sale of its premium, high quality cannabis in the Ontario market, under the Flint and Embers brand.
The OCS approval and MSA, which immediately enable MJardin to make its product available to consumers in Ontario, is an important step in MJardin’s evolution from a pure play cultivator to a consumer-centric company, servicing the needs of retail consumers, in-line with the 2020 strategic plan. As a result, the Company expects increased revenues from same flower production given the higher realized price per gram at the retail sales level, while getting market recognition and consumer brand awareness under the Flint and Embers banner.
“I am extremely pleased to announce the signing of our MSA with the OCS,” stated Pat Witcher, CEO of MJardin. “This will enable MJardin to provide our high quality, high-THC flower to the largest consumer market in Canada, under our Flint and Embers brand. As I have mentioned throughout the year, this is another important step in our strategic plan as we bring our Canadian assets online and transition away from wholesale business into being a strong, consumer-facing brand.”
About MJardin Group
MJardin Group’s mission is to set the standard for successful ownership and management of assets in the cannabis industry. Our Colorado founders spent a decade refining cultivation methodology, collecting and implementing data driven standards and designing state of the art facilities. Today, MJardin owns or manages multiple operations in two US states and three Canadian provinces, supplying the market with premium products. We are committed to our Canadian First Nation joint ventures and all our partnerships across the cannabis supply chain. MJardin is publicly listed on the CSE (MJAR) with offices in Denver, Colorado and Toronto, Ontario. For more information, please visit www.MJardin.com
