Submits Evidence of Readiness (EOR) Package to Health Canada
TORONTO and DENVER, May 28, 2019 (GLOBE NEWSWIRE) — MJardin Group, Inc. (“MJardin” or “the Company”) (CSE: MJAR) (OTCQX: MJARF), a leader in premium cannabis production, announced today that it has completed construction of “GRO”, an indoor cannabis cultivation facility located in Dunnville, Ontario and has submitted its Evidence of Readiness package to Health Canada. The facility is a joint-venture between MJardin Group (75%) and Grand River Organics (25%).
The 11,000 square foot facility is estimated to produce 1,260 kg of premium flower and 454 kg of trim for a total of 1,714 kg of product per year and is expected to reach full production capacity in Q3 2019. “GRO” houses five compartmentalized flower rooms of equal size with seven benches per room to assist with consistency in growth and allow for product replication regardless of what room it is grown in. The facility is equipped with optimal HVAC and fertigation systems that will ensure workflow efficacy and consistency in cultivation of product.
We are proud of the progress we have made at our GRO facility and are thrilled to be a part of the Dunnville community. We look forward to the next stage of the Health Canada process and getting closer to producing our proven high yield premium cannabis for the Canadian market.
Eric Gattoni, SVP, Operations
“GRO” is MJardin’s third Canadian cannabis cultivation facility to complete construction and second in Ontario as it joins “WILL”, a 32,800 square foot cultivation facility in Brampton that was awarded its sales license in December 2018. WILL reported yield numbers last month that surpassed the Company’s average benchmarks over its last ten years of experience.
The Company expects to receive its cultivation license for the GRO facility by late Summer 2019.
About MJardin Group
MJardin is a cannabis management platform with extensive experience in cultivation, processing, distribution and retail. For over 10 years, MJardin has refined cultivation methodologies, developed state of the art facilities and implemented vertical integration for and on behalf of license owners. MJardin is based in Denver, Colorado and Toronto, Canada. For more information, please visit www.mjardin.com.
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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.
