Sumary of MJardin Group, Inc. Provides a Special Committee Update:
- Further, the Special Committee has engaged Restructur Advisors (“RA”) as its strategic advisor to provide the Special Committee with general restructuring advice..
- “The Company is focused on addressing the level of its indebtedness and management believes that a review of strategic alternatives will allow it to make informed decisions in the interests of all stakeholders,”.
- This review of strategic alternatives may result in a variety of outcomes or no outcome and there can be no assurance that the Company will pursue or execute any specific action or transaction..
- The Company does not intend to make any further announcements or comments regarding the review of strategic alternatives unless required by law..
- We are committed to our Canadian First Nation joint ventures and all our strategic partnerships across the cannabis supply chain..
- our ability to identify materially viable strategic alternatives and implement a restructuring that benefits stakeholders or any of them….