MJardin Group, Inc. Announces Filing of 2018 Annual Financial Statements of Sumtra Diversified Inc.

DENVER--()--MJardin Group, Inc. ("MJardin" or the "Company") (CSE: MJAR), a multi-country leader in cannabis management, announced today that the Company has filed Sumtra Diversified Inc.’s audited annual financial statements for the period ending August 31, 2018.

Since the Company is no longer in default of its obligations under applicable Canadian securities laws to file these financial statements, it has withdrawn its application to the Ontario Securities Commission for a management cease trade order under National Policy 12-203 – Management Cease Trade Orders.

About MJardin Group

MJardin is a global 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. As a well-capitalized organization, MJardin continues to pursue strategic expansion and M&A opportunities across global legal cannabis markets. MJardin is based in Denver, Colorado, with offices in Toronto, Canada and Barcelona, Spain. For more information, please visit www.mjardin.com.

The CSE has not in any way passed upon the merits of and has neither approved nor disapproved the contents of this news release.

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.

Cautionary Statement Regarding Forward-Looking Information

Certain statements contained in this press release may constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated", "proposed" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Such forward-looking information are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Company. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

Contacts

Media Contact:
Cory Ziskind
ICR
646-277-1232
cory.ziskind@icrinc.com
or
Investor Contact:
Ali Mahdavi
Capital Markets & Investor Relations
416-962-3300
Ali.mahdavi@mjardin.com
or
Frank Knuettel II, 720-613-4019
Chief Strategy Officer
Frank.Knuettel@MJardin.com

Contacts

Media Contact:
Cory Ziskind
ICR
646-277-1232
cory.ziskind@icrinc.com
or
Investor Contact:
Ali Mahdavi
Capital Markets & Investor Relations
416-962-3300
Ali.mahdavi@mjardin.com
or
Frank Knuettel II, 720-613-4019
Chief Strategy Officer
Frank.Knuettel@MJardin.com