After remaining in news every now and then earlier in the year, MaryJane Group Inc (OTCMKTS:MJMJ) went into oblivion for a couple of months. Now the company is back as it released a promising PR stating the number of occupied rooms during the three-months ended July 31 at its popular Bud + Breakfasts jumped to 823 rooms from 643 occupied rooms reported in the preceding quarter. It is a sharp jump of 28% QOQ.
The management speaks
Joel C. Schneider, the President and CEO, said that they are experiencing strong growth and Colorado Springs is set to help company have a record-breaking summer. The CEO of MaryJane, who is credited considerably with establishing this sector of the market, said that the recent numbers highlights continued strong growth in Canna-Tourism. The team is confident to experience robust advanced bookings with 2016 being on par.
In unrelated news, Hotel San Ayre disclosed that it officially restarted the Bud+Breakfast™ property, operated by MaryJane Group. Joining the firm ’s two existing locations in the Denver, Hotel San Ayre is prepared to deliver customers looking for a cannabis-themed vacation more opportunities for enjoyment and education.
Hotel San Ayre is a contemporary former motel property based in Colorado Springs. It is located close to many popular attractions including Garden of the Gods, Pikes Peak and Manitou Springs. The property provides comfortable and convenient cannabis-friendly accommodation and services similar to the facilities offered at MaryJane’s established Bud+Breakfast locations. Some of these facilities include happy hours with complimentary wine, beer and hors d’oeuvres, and continental Wake+Bake Breakfast. All of these can be cherished in a social, safe, cannabis-friendly environment.
In last trading session, the stock price of MaryJane Group Inc (OTCMKTS:MJMJ) surged more than 15% to close the trading session at $0.00150. The gains came at a share volume of 80.77 million compared to average monthly share volume of 26.57 million.