GrowForce Holdings: Investor & Advisor
GrowForce Holdings is a Licensed Producer of cannabis under Health Canada’s ACMPR program. The Company is positioned to grow through a “closed-loop” national platform, which is vertically integrated from seed-to-sale. Additionally, GrowForce has signed a strategic partnership deal with MJardin Group, Inc. (“MJardin”) – one of the largest contract cultivators of cannabis in North America – through an exclusive licensing agreement. MJardin will manage all cultivation, extraction and retail sales throughout Canada. GrowForce has also partnered with Bridging Finance Inc., a large institutional lender, who has committed upwards of $250 million of capital to projects exclusively managed or owned by the Company.
In November, 2018, it was announced that MJardin was acquiring the Company in an all-stock transaction valued at approximately $278 million.
KES 7 was a founding shareholder of GrowForce and was the financial advisor to the Board on the take-out transaction.