MaryJane Group Inc (OTCMKTS:MJMJ) has been making quite a lot of business dealings lately. The company recently announced a partnership with Botanico. Additionally, MaryJane had also reached another agreement with Wilderness Trail Ranch for a joint venture. Apart from the two new deals, the company also has a glassworks subsidiary, which will help the company make the most of the two deals.
MaryJane is a hospitality and lodging company in the marijuana industry, while Botanico is considered to be the premier recreational marijuana dispensary in the industry. One of the most prominent factors in Botanico’s business is its personalized dispensary experience. The staff at the company stores is patient and very communicative to educate the customers on their products. The aim of this partnership is to integrate the customer experience of Botanico in MayJane’s own endeavors.
The company’s new agreement with the owners of the Wilderness Trail Ranch will give them access to the 172 acre property. The new acquisition is planned to be used for holding a Canna-Camp for adults. It is expected that the company will make use of its current Bud and Breakfast services, with some additions from Botanico. The camp is expected to open in early July 2015. It would host a number of activities concerning the use of cannabis and cannabis based products.
Additionally, the company’s Glassworks subsidiary is also focused on developing products used in the consumption of cannabis. The company also manufactures products to assist in making of cannabis by-products. MaryJane would hope that it can make use of these products and use its two new agreements to increase the sales of these products.
With the new agreements and a line of products targeting the marijuana industry, the company can soon become one of the leaders in the recreational and medical cannabis industry.
MaryJane Group Inc (OTCMKTS:MJMJ) closed at $0.0105, after losing 27.59% on May 14. The company has 21.32 million shares being traded in the market, with a 52-week range of $0.00-$11.50.