DENVER--(BUSINESS WIRE)--The MaryJane Group, Inc. (MJMJ) reported today that the number of rooms occupied during the quarter ended July 31, 2015 at its Bud + Breakfasts increased to 823 rooms from 643 rooms occupied during the quarter ended April 30, 2015 representing an increase of 28% quarter over quarter.
Joel C. Schneider, the Company's President and Chief Executive Officer, stated, “We are experiencing tremendous growth and Colorado Springs is going to help us achieve a record-breaking summer." Joel Schneider, who is credited in part with creating this sector of the market, also commented, "This increase reflects continued growth in Canna-Tourism. We are confident that we will continue to experience strength in advanced bookings with next year being on par, if not better, than this year.”
About The MaryJane Group, Inc.
The MaryJane Group is the preeminent hospitality group in the canna-lifestyle hospitality sector, committed to strengthening the recreational cannabis industry through a unique brand portfolio and trusted partnerships. The Company currently provides cannabis-friendly lodging and events at its three Bud and Breakfast locations. Reservations for all locations can be made online at www.budandbfast.com or by calling the following numbers. The Bud + Breakfast at The Adagio is located at 1430 Race Street, Denver, Colorado; phone (303) 370-6911. The Bud + Breakfast at The Mountain Vista is located at 358 Lagoon Lane, Silverthorne, Colorado; phone (970) 368-6757. The Hotel San Ayre a Bud + Breakfast property is located at 3320 West Colorado Avenue, Colorado Springs, Colorado; phone (719) 632-4355.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy securities of The MaryJane Group, Inc. Certain statements in this release and other written or oral statements made by or on behalf of the Company are "forward looking statements" within the meaning of the federal securities laws. Statements regarding future acquisitions and business development, the upcoming name change approval and new trading symbol, and the business opportunity in the recreational marijuana industry in the future are forward-looking statements within the meaning of these laws. The forward looking statements are subject to a number of risks and uncertainties including market acceptance of the Company’s services and the Company’s continued access to capital and other risks and uncertainties. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information or otherwise.