MJardin Group Appoints Interim Chief Financial Officer & Reports Board of Directors Appointments Following its Annual General Meeting of Shareholders

Press Release

July 16, 2019

TORONTO, Canada and DENVER, Colorado, July 16, 2019 — MJardin Group, Inc. (“MJardin” or “the Company”) (CSE: MJAR) (OTCQX: MJARF), a leader in premium cannabis production, today announced the appointment of Wendy Xue, MJardin’s current Global Controller, as interim Chief Financial Officer effective August 1, 2019, following the departure of the Chief Financial Officer Chris Seto from the Company. As Interim Chief Financial Officer, Ms. Xue will report directly to Adrian Montgomery, Chief Executive Officer of MJardin, until a permanent replacement is named.

“I’m glad that Wendy is taking the position of interim CFO. I believe her intimate knowledge of the Company’s financial reporting, dedication and leadership makes her well positioned for the role while we conduct our search process for a permanent appointment,” commented Adrian Montgomery, MJardin’s Chairman and Chief Executive Officer. “I would also like to thank Chris Seto for his hard work and dedication over the past year as a key member of our executive team, and wish him the best of luck in his future endeavours.”

The Company is pleased to announce that each of the nominees of directors of MJardin Group Inc. listed in the Corporation’s Management Information Circular dated May 28, 2019 was elected at its annual meeting of shareholders, held on June 27, 2019.

“On behalf of the board of directors, I would like to welcome Chief Glenn Hudson to the board, which emphasizes the significance and strength of our First Nation partnerships, and our commitment to it,” noted Adrian Montgomery. “I would also like to thank John Travaglini for his many contributions to the board.”

About MJardin Group

MJardin is a 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. MJardin is based in Denver, Colorado and Toronto, Canada. 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.

INVESTOR CONTACT:

Ali Mahdavi
Montgomery
Capital Markets & Investor Relations
416-962-3300
Adrian.Montgomery@Mjardin.com
Ali.mahdavi@MJardin.com

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