공시 • Jul 14
MJardin Group, Inc. Announces Suspension of Activities At Warman Facility MJardin Group, Inc. announced that it has decided to suspend construction and certain business activities at the Company's Warman facility, effective July 12, 2021. Additionally, the Company has announced that, as a part of its previously announced restructuring engagement with Restructur Advisors (RA), it has launched a Sales and Investment Solicitation Process (SISP) relating to the Company, and all its Canadian and US assets. Warman Suspension: In response to market conditions, the Company is placing Warman into care and maintenance until further notice. The Company will keep the Facility's Health Canada licensing in place and retains the option, at the Company's sole discretion, to take the Facility out of care and maintenance or if circumstances require, completely shut down Warman. The suspension of ongoing construction and certain business activities at Warman required the Company to terminate seventeen (17) employees in Canada and the United States and will enable the Company to preserve cashflow while it facilitates the SISP. The Company remains in constant dialogue with its business partners at Warman, as it works to identify potential transactions in respect of the Facility. 공시 • May 01
MJardin Group, Inc. Announces Impairment Charge for the Fourth Quarter of 2020 MJardin Group, Inc. announced impairment charge for the fourth quarter of 2020. For the fourth quarter of 2020, the company reported impairment charge of $15,980,224 against $191,653,185 a year ago. 공시 • Jan 29
Mjardin Announces Standing Offer agreement with Alberta Gaming, Liquor and Cannabis MJardin Group, Inc. announced that it has been registered to sell cannabis through Alberta Gaming, Liquor and Cannabis, and has entered into a standing offer agreement with AGLC for the sale of its premium high-quality cannabis in the Alberta market, under the Flint & Embers and BLLRDR brands. AGLC is responsible for regulating private retail cannabis, the distribution of cannabis and operation of Alberta's only legal online cannabis store. The AGLC registration and standing offer agreement enables MJardin to make its product available to consumers in Alberta, which is the fourth largest populous market with the second largest cannabis sales in Canada. With active agreements in place in Ontario, British Columbia and Alberta, the Company now services over two-thirds of the Canadian population and anticipates increased revenues as a direct result of their increased availability across Canada. Moving into the Alberta market marks a key step in the achievement of MJardin’s 2021 goals. Last year, the Company set forth on a path to develop knowledge and create processes required for successful brand launches in the emerging recreational cannabis market in Canada. the company displays laser focus on its Canadian consumer-facing brand, Flint & Embers, and partner brand, BLLRDR. Alberta, having established early market leadership with nearly half of the cannabis retail locations in the country, continues to see rising earnings driven mainly by a proliferation of stores. MJardin plans to help Alberta capture additional customers by establishing a strong presence in the province through collaborative retailer engagements, consequently decreasing illicit market purchases. Initial purchase orders and shipments of the Flint & Embers and BLLRDR brands are expected to occur First Quarter of 2021. 공시 • Jan 20
MJardin Group, Inc. Announces Board Resignations MJardin Group, Inc. announced that effective immediately, Messrs. Roman Kocur and Lorne Sugarman have resigned as members of the Board of Directors so that they may focus their efforts on other professional duties. The Company is in the process of evaluating candidates, and intends to appoint new directors to the board in due course. 공시 • Jan 08
MJardin Group, Inc. Enters into Supply Agreement for Cannabis Product with the BC Liquor Distribution Branch MJardin Group, Inc. announced the completion of a major supply agreement with the British Columbia Liquor Distribution Branch (BCLDB) to supply the provincial wholesaler with premium cannabis products in two formats: 3.5 grams whole flower and 5 x 0.5 gram pre-rolls. MJardin is entering the BC market with its new brand, Flint & Embers. The Flint & Embers brand is recognized for its high-quality cannabis varieties, and has received interest from both legal aged consumers as well as Cannabis retailers across Canada. Flint & Embers remains on schedule to be available for purchase in Alberta and Ontario in first quarter of 2021. Flint & Embers products are non-irradiated and crafted without the use of harmful sprays. The product is slow cured and delicately trimmed, producing high quality whole flower and whole flower products. The Flint & Embers brand offers consumers premium, clean and high quality cannabis. 공시 • Dec 23
MJardin Announces First Shipment of Recreational Cannabis from Brampton Facility to the Ontario Cannabis Store MJardin Group, Inc. announced that its partner Robes Inc. BLLRDR, brand has shipped its first cannabis dried flower products. Shipments will initially be to the Ontario Cannabis Store (“OCS”), with shipments to other provinces planned to begin shortly. MJardin expects the first shipment to be available for purchase before December 31, 2020. The initial shipment includes 6.3kg of BLLRDR Afghani Bullrider and 9.5kg of Wedding Cake, which will be available in 3.5 gram jars. A subsequent order of 7.7kg and 8.2kg of the BLLRDR Afghani Bullrider and Wedding Cake, respectively, is scheduled for January 4, 2021. Robes’ BLLRDR has been able to build a great following across Canada, with their highly acclaimed Afghani Bullrider strain garnering strong media, retailer and customer attention. The products will be priced competitively in the premium segment of the Ontario market and MJardin expects significant demand for this high quality dried cannabis product. MJardin announces a re-structure of the Omnibus Long-Term Equity Program to align with leadership framework and operational goals. 