The MaryJane Group, Inc. (OTCQB: MJMJ), the innovative company behind Colorado’s popular Bud+Breakfast™ lodges, debuted the latest addition to its collection of cannabis-centric hospitality destinations on Tuesday, and it’s like nothing else in the industry. CannaCamp combines recreational marijuana use and education with a traditional ranch experience to create the country’s first and only cannabis resort. Located on a 172-acre dude ranch near Durango, Colorado, CannaCamp provides guests with a near limitless supply of outdoor entertainment and a personal cannabis concierge to ensure that they’ve always got the perfect strain to pair with specific activities and meals.
“There is truly no place like this in the entire world,” stated Joel Schneider, Chief Executive Officer of The MaryJane Group. “We’re bringing an element of luxury to that adventurous, exploratory vibe of childhood summer camp – in a beautiful setting where visitors can enjoy marijuana in a safe, comfortable, social environment.”
Moving forward, CannaCamp will join The MaryJane Group’s two existing Bud+Breakfast™ lodges, providing the company with ample opportunity to realize significant returns in the months to come. In April, the company announced that it had already booked over $300,000 in new reservations for its two original properties, putting it on pace to achieve one of the highest occupancy rates in the entire state of Colorado, and The MaryJane Group is in a strong position to build on this progress as it begins accepting reservations for CannaCamp’s inaugural summer season.
Since being legalized for recreational use in 2014, the Colorado cannabis industry has exceeded expectations in terms of overall sales. In 2014, combined sales of recreational and medical marijuana accounted for $699 million throughout the state, outpacing early estimates by the Legislative Council of the Colorado General Assembly by more than 20 percent. These results demonstrated the overall marketability of both recreational cannabis and its related verticals.
For The MaryJane Group, the announcement of another groundbreaking property puts the company in a great position to continue building brand recognition throughout both the state and the country. Expanding on the early successes of its inventive hospitality platform, the company should be in a formidable position to continue to thrive as the preeminent hospitality group in the marijuana industry through a healthy balance of innovation and strategic growth.
For more information, visit www.themaryjanegrp.com
