MJardin Group Announces Completion of Reverse Takeover Transaction
DENVER, November 13, 2018–(BUSINESS WIRE)–MJardin Group (“MJardin”), a proven leader in global cannabis management, today announced it has closed the previously announced reverse takeover (“RTO”) of Sumtra Diversified Inc. (“Sumtra”) (TSX-V: SDV.H).
In connection with the RTO, Sumtra has changed its name to “MJardin Group, Inc.” (the “MJardin Group”) and has had its common shares delisted from the TSX Venture Exchange. MJardin Group has received conditional approval from the Canadian Securities Exchange (the “CSE”) and anticipates that its shares will commence trading on the CSE on November 15th under the ticker “MJAR.”
A listing statement describing MJardin, prepared in accordance with the policies of the CSE, is available on the CSE’s website and on SEDAR at www.sedar.com.
About MJardin Group
MJardin Group is a highly specialized global cannabis management platform that develops partnerships with licensed operators. MJardin provides its partners turnkey cannabis cultivation, processing and retail 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 www.mjardin.com.
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