The Mary Jane Group Inc. Announces Conversion and Elimination of Toxic Debt

DENVER, CO -- June 17, 2015 -- InvestorsHub NewsWire -- The MaryJane Group, Inc. (OTCQB:MJMJ) announced today that its aged convertible debt has been reduced to approximately $290,314 as a result of the conversion of an aggregate of $361,232 into approximately 250,000,000 shares of the Companys common stock . Included in the liabilities converted was the dilutive note payable to Blackbridge Capital an institutional investor.

As a result of the conversions, the Company has reduced its indebtedness by $361,232. In addition, the Company is also renegotiating certain additional convertible notes to receive more favorable conversion terms on those obligations.

About The MaryJane Group, Inc.

The MaryJane Group is the leader and creator of the canna-lifestyle hospitality sector, committed to strengthening the recreational cannabis industry through a unique brand portfolio and trusted partnerships. The Company currently provides cannabis-friendly lodging and events at its two Bud+Breakfast locations. Reservations for both locations can be made online at www.budandbfast.com or by calling the following numbers. The Bud+Breakfast at The Adagio is located at 1430 Race Street, Denver, Colorado; phone (303) 370-6911. The Bud+Breakfast at Silverthorne is located at 358 Lagoon Lane, Silverthorne, Colorado; phone (970) 368-6757.

Corporate offices are located at 910 16th Street, Denver, CO 80202; phone (303) 853-8603. For more information, please visit the Companys websites at www.themaryjanegrp.com and www.budandbfast.com.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy securities of The MaryJane Group, Inc. Certain statements in this release, are "forward looking statements" within the meaning of the federal securities laws. The forward looking statements are subject to a number of risks and uncertainties including market acceptance of the Companys services and the Companys continued access to capital and other risks and uncertainties. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information or otherwise.

Contact:

Joel C. Schneider

President and CEO