Cannabis management platform Mjardin Group Inc. (CSE:MJAR, OTC:MJARF, Forum) announced its for its financial Q1 2019. The Company reported generating revenues of $10.9 million (CAD) and increased monthly production at its Brampton, Ontario facility by 50 percent to a run-rate of approximately 700 kg of dried flower.
For full results from the Company, click here.
A leader in premium cannabis production, the Company recently achieved a major milestonewith its debt amendment process, revising the maturity of its senior debt to April 2021 with a senior lender who also agreed to provide $20 million in further borrowings.
FULL DISCLOSURE: Mjardin Group Inc. is a client of Stockhouse Publishing.