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Tuesday, November 29, 2022

Stock Spotlight on MaryJane Group Inc(OTCMKTS:MJMJ)

MaryJane Group Inc(OTCMKTS:MJMJ) continues to trade just a hair over $0.0003 lows on moderate volume. The stock made an explosive move up in June transforming into a volume leader and a top traded stock of the entire bb’s.

MJMJ is led by Joel Schneider, who has a vision to become the Walt Disney of cannabis. The Company has created a new category in the hospitality industry called canahospitality and according to Joel Schneider they have already grossed $600,000 this year.

MaryJane Group Inc(OTCMKTS:MJMJ) bills itself as a hospitality management company based in Colorado. They are the creator of the canna-lifestyle hospitality sector, committed to strengthening the recreational cannabis industry through a unique brand portfolio of guest venues and trusted partnerships with leaders in the cannabis field. Founded in 2014 by Joel Schneider, the company has capitalized on the passing of the Colorado Amendment 64 by establishing lodging accommodations dedicated to the growing canna-tourism industry.

MJMJ currently has 2 properties; BUD+BREAKFAST™ AT THE ADAGIO is located in a gorgeous Victorian home in one of Denver’s most historic neighborhoods, the Bud+Breakfast™ at The Adagio is not only the first, but the premier cannabis-friendly lodge in the city. We offer six beautifully decorated suites, each of them unique, private, comfortable, and quiet. Though we model ourselves after traditional Bed and Breakfasts, we have expanded our hospitality to embrace our passion for cannabis.

BUD+BREAKFAST™ AT SILVERTHORNE is Tucked away in the charming town of Silverthorne, the Bud+Breakfast™ at Mountain Vista is the perfect blend of Colorado’s two most enjoyable and unique attractions: world-class skiing and legal cannabis. Our Grateful Dead themed property offers four private suites among two floors, with each floor featuring a kitchen, dining area and lounge. We provide all the comforts, convenience, and breathtaking views of a traditional mountain-town lodge, but with a cannabis-friendly twist. Cannabis-friendly lodges feature wake and bake breakfast, 420 happy hour as well as provide cannabis education.

Back in June MJMJ announced the debut of CannaCamp: A Bud+Breakfast Mountain Resort – a 170-acre all-inclusive getaway in Durango, Colorado. Just south of the Rocky Mountains and near some of the state’s most beloved outdoor destinations, CannaCamp combines recreational marijuana use and education with a traditional ranch experience to create the country’s first-ever cannabis resort. CannaCamp is now accepting reservations for this year’s summer season, July 1 – October 31.

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A stay at CannaCamp includes accommodations in one of the property’s nine rustic yet well-appointed cabins, drinks including beer and wine and daily gourmet meals. Guests also enjoy unlimited access to equipment and guides for outdoor activities such as kayaking, paddle-boarding, fishing, hikes and mountain biking; plus arts and wellness classes like Canvas and Cannabis and Cannabis Yoga.

The resort will also offer a variety of courses, workshops and interactive learning series focused on cannabis-related sciences, cultivation and pairings. Sessions will be led by a respected group of pharmacologic cannabis pioneers, wellness coaches, yogis, culinary wizards and dispensary owners. (All on-site cannabis education and activities were created by Cultivating Spirits, a well-respected company known industry-wide for its responsible and sophisticated approach to cannabis-themed experiences, tours and education.) CannaCamp also includes a heated outdoor swimming pool, nightly entertainment and recreational activities such as bocce, pontoon boats, horseshoes and volleyball.

On September 8 MJMJ announced that CEO Joel Schneider will be interviewed and update shareholders today Live on the popular SiriusXM (SIRI) 420 Radio Program.

CEO Joel C. Schneider recently stated, “We are experiencing tremendous growth and Colorado Springs has helped us to help us achieve a record-breaking summer.” MaryJane Group CEO Joel Schneider is credited in part with creating the CannaTourism sector in Colorado. Mr. Schneider also recently announced, “That despite rumors CannaCamp will proceed, we have had a huge response to our initial announcement, and despite the fact it will not be hosted at the original sight our partner has secured a new location to host Cannacamp, which is more representative of the experience we are trying to create and we will begin accepting reservations immediately.”

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Currently moving up the charts MJMJ has minimal assets or revenues and rising short term debt. But this is an exciting story developing in small caps; MJMJ has created a new category in the hospitality industry called canahospitality with 2 properties and 10 rooms that, according to Joel Schneider, have already grossed $600,000 this year. We will be updating on MJMJ when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with MJMJ.

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Disclosure: we hold no position in MJMJ either long or short and we have not been compensated for this article.

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