Largest cannabis operator expands footprint to a fully funded facility
DENVER and TORONTO, Dec. 6, 2017 /CNW/ -- MJardin Group (MJardin) is pleased to announce its strategic partnership with Grand River Organics (GRO). The companies will collaborate to produce and distribute medical cannabis throughout Canada under Health Canada's ACMPR, while positioning for the ultimate legalization of recreational cannabis.
Recognized nationally in the U.S. for their operational experience, MJardin will serve as an equity partner providing professional cannabis management services including turnkey cultivation, processing and project management, as well as training and continuing educational programs through MJardin University.
"We are excited about this transformational opportunity," said James Lowe, Co-Founder, Director & Chief Cultivation Advisor at MJardin. "Both MJardin and GRO bring a level of skill and unmatched business acumen in the cannabis industry that will enable this partnership to stand out in this fast-growing market."
Highlights of the partnership:
- One of the largest, most experienced and technically advanced cultivators in North America, having grown more legal cannabis than any other entity, MJardin has an ingrained culture of low-cost, high-yield production in various regulated cannabis markets;
- With significant cannabis industry experience, including a portfolio of intellectual property and advanced operating procedures, MJardin is well positioned to adhere to Health Canada's stringent ACMPR;
- This strategic partnership positions MJardin and GRO for increased production with capacity expansion in preparation for the recreational market and unfulfilled demand in the medical cannabis market;
This newly formed strategic partnership is fully funded with an initial project that will include a total facility size of over 40,000-sq.ft., located in Southwestern Ontario, Canada.
"By partnering with MJardin, we are positioned to de-risk the project in this emerging industry," said Dan Marazzato, Co-Founder of GRO. "Our company methodologies align extremely well, establishing a sustainable and scalable company. This strategic partnership will provide new insight and resources to the Canadian legal cannabis market."
About MJardin Group
MJardin Group (MJardin) is a highly specialized professional operating company that develops partnerships with licensed operators. MJardin provides its partners turnkey cannabis cultivation and processing 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 MJardin.com.
About Grand River Organics
Grand River Organics (GRO) is a late stage applicant under the ACMPR. GRO's goal is to become a top producer and distributor of Medical Cannabis in Canada while positioning for the ultimate legalization of cannabis for recreational purposes. For more information, please visit http://www.grocorp.ca.
For more information on MJardin:
Paul Wilken, MJardin Group: paul.wilken@MJardin.com, +1.720.613.4019
View original content with multimedia:http://www.prnewswire.com/news-releases/mjardin-group-and-grand-river-organics-announce-strategic-partnership-300566325.html
SOURCE MJardin Group