MJardin Group, Inc. Announces Filing of 2018 Annual Financial Statements of Sumtra Diversified Inc.

DENVER–(BUSINESS WIRE)–MJardin Group, Inc. (“MJardin” or the “Company“)
(CSE: MJAR), a multi-country leader in cannabis management, announced
today that the Company has filed Sumtra Diversified Inc.’s audited
annual financial statements for the period ending August 31, 2018.

Since the Company is no longer in default of its obligations under
applicable Canadian securities laws to file these financial statements,
it has withdrawn its application to the Ontario Securities Commission
for a management cease trade order under National Policy 12-203 – Management
Cease Trade Orders
.

About MJardin Group

MJardin is a global 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. As a well-capitalized organization, MJardin
continues to pursue strategic expansion and M&A opportunities across
global legal cannabis markets. MJardin is based in Denver, Colorado,
with offices in Toronto, Canada and Barcelona, Spain. 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.

Cautionary Statement Regarding Forward-Looking Information

Certain statements contained in this press release may constitute
forward-looking information. These statements relate to future events or
future performance. The use of any of the words “could”, “intend”,
“expect”, “believe”, “will”, “projected”, “estimated”, “proposed” and
similar expressions and statements relating to matters that are not
historical facts are intended to identify forward-looking information
and are based on the Company’s current belief or assumptions as to the
outcome and timing of such future events. Such forward-looking
information are subject to risks and uncertainties that may cause actual
results, performance or developments to differ materially from those
contained in the statements. Various assumptions or factors are
typically applied in drawing conclusions or making the forecasts or
projections set out in forward-looking information. Those assumptions
and factors are based on information currently available to the Company.
The forward-looking information contained in this release is made as of
the date hereof and the Company is not obligated to update or revise any
forward-looking information, whether as a result of new information,
future events or otherwise, except as required by applicable securities
laws. Because of the risks, uncertainties and assumptions contained
herein, investors should not place undue reliance on forward-looking
information. The foregoing statements expressly qualify any
forward-looking information contained herein.

Contacts

Media Contact:
Cory Ziskind
ICR
646-277-1232
cory.ziskind@icrinc.com
or
Investor
Contact:

Ali Mahdavi
Capital Markets & Investor Relations
416-962-3300
Ali.mahdavi@mjardin.com
or
Frank
Knuettel II, 720-613-4019
Chief Strategy Officer
Frank.Knuettel@MJardin.com

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