MaryJane (PLAD) 10-Q 15 Sep 14 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	3 Months Ended
	Jul. 31, 2014	Sep. 12, 2014
Document And Entity Information	'	'
Entity Registrant Name	'MaryJane Group, Inc.	'
Entity Central Index Key	'0001554225	'
Document Type	'10-Q	'
Document Period End Date	31-Jul-14	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--04-30	'
Is Entity a Well-known Seasoned Issuer?	'No	'
Is Entity a Voluntary Filer?	'No	'
Is Entity's Reporting Status Current?	'No	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Public Float	'	$0
Entity Common Stock, Shares Outstanding	'	18,992,000
Document Fiscal Period Focus	'Q1	'
Document Fiscal Year Focus	'2015	'

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)	Jul. 31, 2014	Apr. 30, 2014
Assets, Current	'	'
Cash	$5,614	$3,431
Accounts receivable	11,529	'
Prepaid Expense	586,458	10,149
Employee advances	1,913	3,300
Assets, Current	605,514	16,880
Fixed assets, net of accumulated depreciation of $3,465 and $8,986, respectively	16,689	51,436
Other Assets:	'	'
Security deposit	17,500	10,000
Total other assets	17,500	10,000
Total assets	639,703	78,316
Current Liabilities:	'	'
Convertible notes payable, net of debt discount of $201,046 and $0, respectively	105,954	75,000
Accounts Payable, Current	20,964	12,358
Bank overdraft	'	13,757
Other Liabilities, Current	105,882	50,223
Total current liabilities	232,800	151,338
Long-term Liabilities:	'	'
Convertible debentures	90,000	90,000
Other liabilities	1,640	506
Total long-term liabilities	91,640	90,506
Total liabilities	324,440	241,844
Commitments and Contingencies	'	'
Stockholders' Deficit:	'	'
Common stock - par value $0.001; 75,000,000 shares authorized; 18,787,0000 and 17,860,000 shares issued and outstanding,	18,787	17,860
Additional paid in capital	1,127,625	72,076
Accumulated deficit	-831,149	-253,464
Total stockholders' equity (deficit)	315,263	-163,528
Total liabilities and stockholders' equity (deficit)	$639,703	$78,316

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) (USD $)	Jul. 31, 2014	Apr. 30, 2014
Statement of Financial Position [Abstract]	'	'
Accumulated Depreciation	$3,465	$8,986
Debt Discount on Convertible notes payable	$201,046	$0
Common Stock, Par Value	$0.00	$0.00
Common Stock, Shares Authorized	75,000,000	75,000,000
Common Stock, Shares Issued	18,787,000	17,860,000
Common Stock, Shares, Outstanding	18,787,000	17,860,000

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATION (Unaudited) (USD $)	3 Months Ended
	Jul. 31, 2014	Jul. 31, 2013
Income Statement [Abstract]	'	'
Revenue	$112,939	'
Cost of goods sold	87,097	'
Gross profit	25,842	'
Operating Expenses	'	'
General and administration	481,460	10,315
Sales and marketing	7,117	'
Depreciation	1,008	'
Total operating expenses	489,585	10,315
Operating loss	-463,743	-10,315
Other income and (expense)	'	'
Miscellaneous income	2,595	'
Interest expense	64,395	'
Disposal of fixed assets	-52,142	'
Total other income (expense)	-113,942	'
Loss before taxes	-577,685	-10,315
Provision for income taxes	'	'
Net loss	($577,685)	($10,315)
Loss per share, basic and diluted	($0.03)	$0
Weighted average number of shares outstanding	18,380,021	10,132,609

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	3 Months Ended
	Jul. 31, 2014	Jul. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES	'	'
Net loss	($577,685)	($10,315)
Adjustments to reconcile net loss to net cash flows provided by (used in) operating activities:	'	'
Depreciation	1,008	'
Amortization of prepaid expenses	107,292	'
Amortization of debt discount	58,930	'
Write off of non-cash consulting costs	81,250	'
Disposal of fixed assets	52,142	'
Change in operating assets and liabilities:	'	'
Accounts receivable	-11,529	'
Other current assets	8,536	'
Accounts payable	10,106	'
Bank overdraft	-13,757	'
Other current liabilities	55,659	1,750
Other long-term liabilities	1,134	'
Net cash flows used in operating activities	-226,914	-8,565
CASH FLOWS FROM INVESTING ACTIVITIES	'	'
Security deposit	-7,500	'
Purchase of fixed assets	-403	'
Net cash flows used in investing activities	-7,903	'
CASH FLOWS FROM FINANCING ACTIVITIES	'	'
Proceeds from convertible promissory notes	232,000	'
Proceeds from sale of common stock	5,000	12,200
Net cash flows provided by financing activities	237,000	12,200
Increase in cash	2,183	3,635
Cash, beginning of period	3,431	11,346
Cash, end of period	5,614	14,981
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:	'	'
Interest paid	'	'
Income taxes paid	'	'
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING ACTIVITIES:	'	'
Beneficial conversion feature for convertible notes	259,976	'
Shares issued with employment agreements	618,750	'
Shares issued for services	$172,750	'

THE_COMPANY

THE COMPANY	3 Months Ended
	Jul. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
THE COMPANY	'
	NOTE 1 – THE COMPANY
	The MaryJane Group, Inc., f/k/a Pladeo Corp., a Nevada corporation (the “Company”), has nine wholly-owned subsidiaries as listed below:
			Date of
			Organization or
			Incorporation
		Mary Jane Tours, LLC	15-Apr-13
		Mary Jane Entertainment, LLC	21-May-13
		Mile High Times, LLC	13-Oct-13
		Capital Growth Corporation	4-Feb-14
		Dab City Radio, LLC	16-Feb-14
		Mary Jane Glassworks, LLC	10-Apr-14
		Bud and Breakfast, LLC	10-Apr-14
		Mary Jane Hospitality, LLC	22-Jul-14
		Mary Jane Events, LLC	22-Jul-14
	Unless the context otherwise requires, the Company and the above listed wholly-owned subsidiaries collectively are sometimes referred to as “our Company,” “we,” “our,” or “us.”
	Overview of Operating Businesses
	On January 1, 2014, the State of Colorado became the first state to legalize the use of recreational marijuana. Colorado residents, who are at least 21 years of age with photo identification, may purchase as much as one ounce of marijuana in a single transaction. Non-Colorado residents, bearing the same identification, may purchase as much as one-quarter ounce. Marijuana cannot be consumed in any public space, including the shops where it was purchased. Our operating subsidiaries, as outlined herein, were formed for the purpose of providing financing to assist Colorado marijuana growers, providing cannabis friendly lodging and to provide value added services of information and entertainment to the consumers supporting the recreational marijuana industry.
	Change in Officers
	On June 8, 2014, Jose Ramirez, our Chief Operating Officer, tendered his 60-day resignation. We accepted his resignation as Chief Operating Officer and the Board of Directors requested that the resignation take effect immediately rather than in 60 days to allow the Board of Directors to immediately commence a search for his replacement. Mr. Ramirez remained as a member of the Board of Directors until he was removed on July 14, 2014.
	On June 27, 2014, we entered into an Executive Employment Agreement (the “Agreement”) with Charles G. Berkowitz wherein Mr. Berkowitz was hired to serve as our Chief Operating Officer for an initial term of three years. The Agreement could have been automatically extended on its anniversary date for subsequent one-year terms unless either party gave notice that they intended not to renew at least three months in advance of the automatic renewal date. Mr. Berkowitz was to receive a base annual salary of $100,000 through December 31, 2014, $125,000 for calendar year 2015 and $150,000 for the remaining initial term. Mr. Berkowitz was to receive a monthly car allowance of not less than $500. Upon execution of the Agreement, Mr. Berkowitz was issued 250,000 shares of our common stock and was to receive an additional 250,000 shares per month for the subsequent nine months for an aggregate issuance of 2,500,000 shares. Mr. Berkowitz agreed not
	to compete for a period of two years following the end of his employment. On August 29, 2014, our board of directors terminated the Agreement for cause retroactive to August 4, 2014.
	Employment Agreements
	In May 2014, we entered into an employment agreement with Mark Gaitan to become the Manager of our apparel division and General Manager of our factory and warehouse. We pay Mr. Gaitan an annual base salary of $50,000 per year. As additional consideration, we issued 125,000 shares of our common stock to Mr. Gaitan.
	In May 2014, we entered into an employment agreement with Adam Jeffers to become our Graphic Designer and Art Coordinator. We pay Mr. Jeffers an annual base salary of $35,000 per year. The employment agreement called for the issuance to Mr. Jeffers of 20,000 stock options exercisable at $2.00 per share pursuant to our 2014 Equity Incentive Plan (the “Stock Options”) as additional compensation.
	Office Lease
	On July 21, 2014, we relocated our principal office, and that of our subsidiaries, to 910 Sixteenth Street, Suite 412, Denver, Colorado 80202 when we entered into a three-year lease. We lease 1,126 square feet of office space under the lease which expires on July 31, 2017. The monthly lease amount through July 31, 2015 is $1,505; thereafter, it increases to $1,600 and $1,700 on August 1, 2015 and 2016, respectively. The lease permits a one-time extension for a two-year period with the lease amount being increased to $1,800 and $1,900, respectively.
	Bed and Breakfast Lease
	On April 9, 2014 we entered into a one year lease with the owner of the Adagio Vista Bed and Breakfast (“Adagio”), located at 1430 Race Street, Denver, Colorado (“Lease”). The Lease commenced April 10, 2014 and expires April 9, 2015. The monthly rent is $9,000 per month, plus 2 1/2% of the monthly gross lodging revenue. As additional consideration, we agreed to issue the owner of the Adagio 10,000 shares of our common stock. Pursuant to the terms of the Lease, we were granted the exclusive option to purchase the Adagio for $1,500,000.
	Fiscal year end
	We elected April 30th as our fiscal year ending date.
	Going concern uncertainty
	At July 31, 2014, we had an accumulated deficit of $831,149 and for the three months ended July 31, 2014 and the year ended April 30, 2014, we incurred losses of $577,685 and $238,140, respectively. Our ability to continue in business is dependent upon obtaining sufficient financing or attaining profitable operations. However, there can be no assurance that management will be successful in obtaining additional funding or in attaining profitable operations, and therefore, these matters raise substantial doubt about our ability to continue as a going concern. These consolidated financial statements do not include any adjustments that might result from the outcome of these uncertainties, nor do they include adjustments relating to the recoverability and realization of assets and classification of liabilities that might be necessary should we be unable to continue in operation.

BASIS_OF_PRESENTATION_AND_RECE

BASIS OF PRESENTATION AND RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS	3 Months Ended
	Jul. 31, 2014
Accounting Policies [Abstract]	'
BASIS OF PRESENTATION AND RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS	'
	NOTE 2 – BASIS OF PRESENTATION AND RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS
	Interim Financial Statements
	The accompanying unaudited interim condensed consolidated financial statements of The MaryJane Group, Inc. have been prepared in accordance with generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions to Form 10-Q. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, such financial statements include all adjustments (consisting solely of normal recurring adjustments) necessary for the fair statement of the financial information included herein in accordance with GAAP and the rules and regulations of the Securities and Exchange Commission (the “SEC”). The balance sheet at April 30, 2014 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by GAAP for complete financial statements. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the period. Actual results could differ from those estimates. Results of operations for interim periods are not necessarily indicative of results for the full year. The accompanying condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and related notes included in our Annual Report on Form 10-K for the year ended April 30, 2014 as filed with the SEC on August 29, 2014.
	Fair Value of Financial Instruments
	In accordance with the reporting requirements of ASC Topic 825, Financial Instruments, we calculate the fair value of its assets and liabilities which qualify as financial instruments under this standard and includes this additional information in the notes to the financial statements when the fair value is different than the carrying value of those financial instruments. We do not have any assets or liabilities measured at fair value on a recurring or a non-recurring basis; consequently, we did not have any fair value adjustments for assets and liabilities measured at fair value at the balance sheet date, nor gains or losses reported in the statements of operations that are attributable to the change in unrealized gains or losses relating to those assets and liabilities still held during the three months ended July 31, 2014 or the year ended April 30, 2014.
	Basic Income (Loss) Per Share
	We calculate earnings per share (“EPS”) in accordance with ASC Topic 260, Earnings Per Share, which requires the computation and disclosure of two EPS amounts, basic and diluted. Basic EPS is computed based on the weighted average number of shares of common stock outstanding during the period. Diluted EPS is computed based on the weighted average number of common shares outstanding plus all potentially dilutive common shares outstanding during the period. Such potential dilutive common shares consist of stock options and warrants to purchase common stock of the Company. Potential common shares totaling 20,806,500 and -0- at July 31, 2014 and 2013, respectively, have been excluded from the diluted earnings per share calculation as they are anti-dilutive due to our reported net loss.
	Recently Issued and Newly Adopted Accounting Pronouncements
	There have been no material changes to our significant accounting policies as summarized in NOTE 2 of our Annual Report on Form 10-K for the year ended April 30, 2014. We do not expect that the adoption of any recent accounting pronouncements will have a material impact on our accompanying condensed consolidated financial statements.
	Reclassifications
	Certain prior period amounts have been reclassified to conform to the current period presentation.

FIXED_ASSETS

FIXED ASSETS	3 Months Ended
	Jul. 31, 2014
Property, Plant and Equipment [Abstract]	'
FIXED ASSETS	'
	NOTE 3 – FIXED ASSETS
	Fixed assets consist of the following:
			31-Jul-14			30-Apr-14
		Furniture and fixtures	$	20,154		$	19,752
		Vans and party buses		—			24,000
		Equipment		—			16,670
				20,154			64,022
		Less: accumulated depreciation		(3,465	)		(8,986	)
		TOTAL PROPERTY AND EQUIPMENT	$	16,689		$	51,436
	Depreciation expense for the three months ended July 31, 2014 and 2013 was $1,008 and $0, respectively.

CONVERTIBLE_PROMISSORY_NOTES

CONVERTIBLE PROMISSORY NOTES	3 Months Ended
	Jul. 31, 2014
Debt Disclosure [Abstract]	'
CONVERTIBLE PROMISSORY NOTES	'
	NOTE 4 – CONVERTIBLE PROMISSORY NOTES
	In May and June 2014, we issued an aggregate of $96,000 in Convertible Promissory Notes to an entity (the “May/June 2014 Notes”). The May/June 2014 Notes bear interest at 10% per annum and are due twelve months from the date of issue and are convertible into shares of our common stock at $1.00 per share. The beneficial conversion feature (“BCF”) of the May/June 2014 Notes was determined to be its full value. At July 31, 2014, $36,826 was reported as debt discount and $12,150 was recorded as interest expense on the accompanying condensed consolidated financial statements.
	On May 2, 2014, pursuant to a Convertible Promissory Note issued on April 30, 2014 (the “April 2014 Note”), we received $50,000 from an entity. The April 2014 Note bears interest at 8% per annum and is due twelve months from the date of issue and is convertible into shares of our common stock at $2.00 per share. The BCF for the April 2014 Note was determined to be its full value. At July 31, 2014, $37,671 was reported as debt discount and $12,329 was recorded as interest expense on the accompanying condensed consolidated financial statements.
	On May 21, 2014 we issued a $50,000 Convertible Promissory Note (the “May 2014 Note”) and a Common Stock Purchase Warrant for the purchase of 125,000 shares of our common stock to an entity for an aggregate of $50,000. The May 2014 Note bears interest at 8% per annum and is due twelve months from the date of issue and is convertible into shares of our common stock at $2.00 per share. The three-year Common Stock Purchase Warrant is exercisable at $1.50 per share. The BCF for the May 2014 Note was determined to be its full value. At July 31, 2014, $41,096 was reported as debt discount and $8,904 was recorded as interest expense on the accompanying condensed consolidated financial statements.
	On July 10, 2014, we issued a $36,000 Convertible Promissory Note (the “July 2014 Note”), 125,000 shares of our common stock and a Common Stock Purchase Warrant for the purchase of 125,000 shares of our common stock to an entity for an aggregate of $36,000. The July 2014 Note converts into shares of our common stock at 80% of the current market price subject to a minimum conversion price of $0.25 per share and a maximum conversion price of $1.50 per share. The three-year Common Stock Purchase Warrant is exercisable at $0.75 per share. The BCF for the July 2014 Note was determined to be its full value. At July 31, 2014, $33,929 was reported as debt discount and $2,071 was recorded as interest expense on the accompanying condensed consolidated financial statements.

OTHER_CURRENT_LIABILITIES

OTHER CURRENT LIABILITIES	3 Months Ended
	Jul. 31, 2014
Other Liabilities Disclosure [Abstract]	'
OTHER CURRENT LIABILITIES	'
	NOTE 5 – OTHER CURRENT LIABILITIES
	Other current liabilities consist of the following:
			31-Jul-14		30-Apr-14
		Payroll tax liability	$	54,423	$	13,290
		Accrued payroll		40,596		24,508
		Other current liabilities		6,296		499
		Accrued interest expense		4,567		236
		Accrued outside services		—		11,690
		TOTAL OTHER CURRENT LIABILITIES	$	105,882	$	50,223

CAPITAL_STOCK

CAPITAL STOCK	3 Months Ended
	Jul. 31, 2014
Notes to Financial Statements	'
CAPITAL STOCK	'
	NOTE 6 – CAPITAL STOCK
	Common Stock
	At July 31, April 30, 2014, we had 75,000,000 shares of common stock, $0.001 par value authorized (the “Company Shares”), with 18,787,000 and 17,860,000 Company Shares issued and outstanding, respectively.
	Common Stock Issuances During the Three Months Ended July 31, 2014
		●	Pursuant to an employment agreement with Mark Gaitan as described in NOTE 1, we issued Mr. Gaitan 125,000 shares of our common stock having a fair market value on the date of issuance of $406,250.
		●	Pursuant to an employment agreement with Charles Berkowitz as described in NOTE 1, we issued Mr. Berkowitz 250,000 shares of our common stock having a fair market value on the date of issuance of $212,250.
		●	Pursuant to the terms of a consulting agreement, we issued 25,000 shares of our common stock, having a fair market value on the date of issuance of $81,250, to an individual.
		●	Pursuant to the terms of a lease agreement for the Adagio Bed and Breakfast, we issued 10,000 shares of our common stock, having a fair market value on the date of issuance of $75,000, to the property owner as additional consideration.
		●	Pursuant to the terms of an asset purchase agreement, we issued 2,000 shares of our common stock, having a fair market value on the date of issuance of $15,000, to an individual.
		●	Pursuant to the terms of a verbal agreement with a vender, we issued 15,000 shares of our common stock in settlement of $1,500 in outstanding accounts payable.
		●	We issued an aggregate of 500,000 shares of our common stock to two entities and two individuals for an aggregate purchase price of $5,000.
	Common Stock Issuances During the Three Months Ended July 31, 2013
	During May and June 2013, we entered into Securities Purchase Agreements with multiple investors for the issuance and sale of our common stock (the “May/June 2013 Private Placement”). The May/June 2013 Private Placement closed on June 21, 2013, through which we sold an aggregate of 1,220,000 shares of our common stock at $0.01 per share, for an aggregate purchase price of $12,200. Shares of our common stock included in the May/June 2013 Private Placement was registered pursuant to a Registration Statement on Form S-1 under the Securities Act of 1933, which was deemed effective by the SEC on April 12, 2014 (the “April 12, 2014 Form S-1”).
	Warrants to Purchase Common Stock of the Company
	We use the Black-Scholes-Merton option pricing model (“Black-Scholes Model”) to determine the fair value of warrants to purchase shares of our Common Stock (“Warrant(s)”). The Black-Scholes Model is an acceptable model in accordance with GAAP.
	Warrant Activity during the Three Months Ended July 31, 2014
	On May 21, 2014, we issued an aggregate of 62,500 Warrants in connection with the issuance of convertible promissory notes (the “May 2014 Warrants”) (see NOTE 4). The May 2014 Warrants have an exercisable term of 3 years and are exercisable at $1.50. The fair value of the May 2014 Warrants of $106,096 was determined by using the Black-Scholes Model on the date of the grant. The relative fair value of the May 2014 Warrants of $33,984 was determined by using the relative fair value calculation method on the date of the grant. Because the BCF for the convertible promissory note associated with the May 2014 Warrants was fully valued, the relative fair value of the May 2014 Warrants was not considered in determining the debt discount for this convertible promissory note.
	On July 10, 2014, we issued an aggregate of 125,000 Warrants in connection with the issuance of convertible promissory notes (the “July 2014 Warrants”) (see NOTE 4). The July 2014 Warrants have an exercisable term of 3 years and are exercisable at $0.75. The fair value of the July 2014 Warrants of $48,989 was determined by using the Black-Scholes Model on the date of the grant. The relative fair value of the July 2014 Warrants of $20,751 was determined by using the relative fair value calculation method on the date of the grant. Because the BCF for the convertible promissory note associated with the July 2014 Warrants was fully valued, the relative fair value of the July 2014 Warrants was not considered in determining the debt discount for this convertible promissory note.
	Warrant Activity during the Three Months Ended July 31, 2013
	During the three months ended July 31, 2013, we did not issue any Warrants.
	Options to Purchase Common Stock of the Company
	Effective May 9, 2014, we established the MaryJane Group, Inc. 2014 Equity Incentive Plan (“2014 Plan”) pursuant to which 1,000,000 shares of our Company Shares were reserved for issuance upon the exercise of options (“2014 Plan Option(s)”). The 2014 Plan was designed to serve as an incentive for retaining our qualified and competent key employees, officers and directors, and certain consultants and advisors. The 2014 Plan Options have an exercise period of ten years from the date of issuance. At July 31, 2014, no options were granted under the 2014 Plan.

INCOME_TAXES

INCOME TAXES	3 Months Ended
	Jul. 31, 2014
Income Tax Disclosure [Abstract]	'
INCOME TAXES	'
	NOTE 7 – INCOME TAXES
	Deferred income tax assets and liabilities are determined based upon differences between the financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. We do not expect to pay any significant federal or state income tax for the fiscal year ended April 30, 2015 as a result of the losses recorded during the three months ended July 31, 2014 and the additional losses expected for the remainder of fiscal year ended April 30, 2015 and net operating loss carry forwards from prior years. Accounting standards require the consideration of a valuation allowance for deferred tax assets if it is “more likely than not” that some component or all of the benefits of deferred tax assets will not be realized. As of July 31, 2014, we maintained a full valuation allowance for all deferred tax assets. Based on these requirements, no provision or benefit for income taxes has been recorded. There were no recorded unrecognized tax benefits at the end of the reporting period.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Jul. 31, 2014
Subsequent Events [Abstract]	'
SUBSEQUENT EVENTS	'
	NOTE 8 – SUBSEQUENT EVENTS
	Issuance of Convertible Promissory Note with Warrant
	On August 14, 2014, we issued an 8% Original Issue Discount Convertible Promissory Note in the principal amount of $61,600 (the “OID Note”) and a Common Stock Purchase Warrant for the purchase of 513,333 shares of our common stock to an entity (the “OID Warrant”). The OID Note matures on February 13, 2016 and is convertible into shares of our common stock at a 60% discount to the lowest daily volume weighted average price (“VWAP”) of our common stock for (i) the 20 trading days immediately prior to the original issue date or (ii) the 20 trading days prior to the date of conversion. The five-year OID Warrant is exercisable at $0.132 per share and contains provisions for a cashless exercise. We received net proceeds of $50,000 from this transaction after the payment of $6,000 in legal fees and the original discount of $5,600. The proceeds from the sale of the securities are being used as working capital.
	Amended Employment Agreement-Adam Jeffers
	On August 21, 2014, we entered into an Amended Employment Agreement with Adam Jeffers, our Graphic Designer and Art Coordinator, pursuant to which we cancelled the obligation to grant 20,000 stock options to Mr. Jeffers per his original employment agreement dated May 28, 2014, and in exchange we immediately issued Mr. Jeffers 40,000 shares of our common stock.
	Employment Agreement-Tyson Broyles
	On August 21, 2014, we entered into an employment agreement with Tyson Broyles to become our Comptroller (the “Broyles Agreement”). We pay Mr. Broyles an annual base salary of $40,000 per year. As additional consideration, we agreed to issue Mr. Broyles an aggregate of Five Hundred Thousand (500,000) shares of our common stock, subject to quarterly issuances. The first 125,000 shares were issued concurrent
	with the signing of the Broyles Agreement; thereafter, Mr. Broyles will be issued 125,000 shares on each of September 30, 2014, December 31, 2014 and March 31, 2015. In the event Mr. Broyles resigns or is terminated for cause during the first nine months of the Agreement, only those shares issued to him at the time of termination shall be deemed duly issued to and owned by Mr. Broyles.
	Termination of Employment Agreement-Charles Gabriel Berkowitz
	On August 29, 2014, our Board of Directors terminated our Chief Operating Officer, Charles Gabriel Berkowitz, for cause retroactive to August 4, 2014.
	Lease-Mountain Vista Bed and Breakfast
	On September 4, 2014, we entered into a one year lease with the owners of the Mountain Vista Bed and Breakfast, located at 358 Lagoon Lane, Silverthorne Colorado (the “Mountain Vista Lease”). The Lease commences October 1, 2014 and expires September 30, 2015. The monthly rent is $3,500 per month, plus 2% of the monthly Gross Lodging Sales. As additional consideration, we agreed to issue the owners of the Mountain Vista 10,000 shares of our common stock. Pursuant to the terms of the Lease, we were granted the exclusive option to purchase the Mountain Vista at the market value of the premises determined by a commercial appraisal on the option date.

BASIS_OF_PRESENTATION_AND_RECE1

BASIS OF PRESENTATION AND RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS (Policies)	3 Months Ended
	Jul. 31, 2014
Accounting Policies [Abstract]	'
Interim Financial Statements	'
	Interim Financial Statements
	The accompanying unaudited interim condensed consolidated financial statements of The MaryJane Group, Inc. have been prepared in accordance with generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions to Form 10-Q. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, such financial statements include all adjustments (consisting solely of normal recurring adjustments) necessary for the fair statement of the financial information included herein in accordance with GAAP and the rules and regulations of the Securities and Exchange Commission (the “SEC”). The balance sheet at April 30, 2014 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by GAAP for complete financial statements. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the period. Actual results could differ from those estimates. Results of operations for interim periods are not necessarily indicative of results for the full year. The accompanying condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and related notes included in our Annual Report on Form 10-K for the year ended April 30, 2014 as filed with the SEC on August 29, 2014.
Fair value of financial instruments	'
	Fair Value of Financial Instruments
	In accordance with the reporting requirements of ASC Topic 825, Financial Instruments, we calculate the fair value of its assets and liabilities which qualify as financial instruments under this standard and includes this additional information in the notes to the financial statements when the fair value is different than the carrying value of those financial instruments. We do not have any assets or liabilities measured at fair value on a recurring or a non-recurring basis; consequently, we did not have any fair value adjustments for assets and liabilities measured at fair value at the balance sheet date, nor gains or losses reported in the statements of operations that are attributable to the change in unrealized gains or losses relating to those assets and liabilities still held during the three months ended July 31, 2014 or the year ended April 30, 2014.
Basic Income (Loss) Per Share	'
	Basic Income (Loss) Per Share
	We calculate earnings per share (“EPS”) in accordance with ASC Topic 260, Earnings Per Share, which requires the computation and disclosure of two EPS amounts, basic and diluted. Basic EPS is computed based on the weighted average number of shares of common stock outstanding during the period. Diluted EPS is computed based on the weighted average number of common shares outstanding plus all potentially dilutive common shares outstanding during the period. Such potential dilutive common shares consist of stock options and warrants to purchase common stock of the Company. Potential common shares totaling 20,806,500 and -0- at July 31, 2014 and 2013, respectively, have been excluded from the diluted earnings per share calculation as they are anti-dilutive due to our reported net loss.
Recently Issued and Newly Adopted Accounting Pronouncements	'
	Recently Issued and Newly Adopted Accounting Pronouncements
	There have been no material changes to our significant accounting policies as summarized in NOTE 2 of our Annual Report on Form 10-K for the year ended April 30, 2014. We do not expect that the adoption of any recent accounting pronouncements will have a material impact on our accompanying condensed consolidated financial statements.
Reclassifications	'
	Reclassifications
	Certain prior period amounts have been reclassified to conform to the current period presentation.

FIXED_ASSETS_Tables

FIXED ASSETS (Tables)	3 Months Ended
	Jul. 31, 2014
Property, Plant and Equipment [Abstract]	'
Property, Plant and Equipment [Table Text Block]	'
	Fixed assets consist of the following:
			31-Jul-14			30-Apr-14
		Furniture and fixtures	$	20,154		$	19,752
		Vans and party buses		—			24,000
		Equipment		—			16,670
				20,154			64,022
		Less: accumulated depreciation		(3,465	)		(8,986	)
		TOTAL PROPERTY AND EQUIPMENT	$	16,689		$	51,436

OTHER_CURRENT_LIABILITIES_Tabl

OTHER CURRENT LIABILITIES (Tables)	3 Months Ended
	Jul. 31, 2014
Other Liabilities Disclosure [Abstract]	'
Other Current Liabilities [Table Text Block]	'
	Other current liabilities consist of the following:
			31-Jul-14		30-Apr-14
		Payroll tax liability	$	54,423	$	13,290
		Accrued payroll		40,596		24,508
		Other current liabilities		6,296		499
		Accrued interest expense		4,567		236
		Accrued outside services		—		11,690
		TOTAL OTHER CURRENT LIABILITIES	$	105,882	$	50,223

THE_COMPANY_Details_Narrative

THE COMPANY (Details Narrative) (USD $)	3 Months Ended			0 Months Ended			1 Months Ended
	Jul. 31, 2014	Jul. 31, 2013	Apr. 30, 2014	Jul. 21, 2014	Jun. 27, 2014	Jun. 01, 2014	31-May-14
				Lease Agreements [Member]	Chief Operating Officer [Member]	Mark Gaitan [Member]	Graphic Designer and Art Coordinator [Member]
				sqft
Basic Salary	'	'	'	'	$100,000	'	$35,000
Car allowance per month	'	'	'	'	500	'	'
Common Shares Issued	18,787,000	'	17,860,000	'	250,000	125,000	20,000
Common Share Outstanding per month	18,787,000	'	17,860,000	'	250,000	'	'
Convertible Notes, price per share	'	'	'	'	'	'	$2
Office Area, square feet	'	'	'	1,126	'	'	'
Rent Paid per Month	'	'	'	1,505	'	'	'
Lease Expiration Date	'	'	'	31-Jul-17	'	'	'
Lease Entension Period	'	'	'	'2 years	'	'	'
Accumulated deficit	831,149	'	253,464	'	'	'	'
Net loss	$577,685	$10,315	'	'	'	'	'

BASIS_OF_PRESENTATION_AND_RECE2

BASIS OF PRESENTATION AND RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS (Details Narrative)	3 Months Ended
	Jul. 31, 2014	Jul. 31, 2013
Basis Of Presentation And Recently Issued Accounting Pronouncements Details Narrative	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share	20,806,500	0

FIXED_ASSETS_Details

FIXED ASSETS (Details) (USD $)	3 Months Ended
	Jul. 31, 2014	Jul. 31, 2013	Apr. 30, 2014
Property, Plant and Equipment, Gross	$20,154	'	$64,022
Less: accumulated depreciation	-3,465	'	-8,986
Property, Plant and Equipment, Net	16,689	'	51,436
Depreciation	1,008	'	'
Furniture and Fixtures [Member]	'	'	'
Property, Plant and Equipment, Gross	20,154	'	19,752
Equipment [Member]	'	'	'
Property, Plant and Equipment, Gross	'	'	16,670
Vans and party buses [Member]	'	'	'
Property, Plant and Equipment, Gross	'	'	$24,000

CONVERTIBLE_PROMISSORY_NOTES_D

CONVERTIBLE PROMISSORY NOTES (Details Narrative) (USD $)	0 Months Ended			2 Months Ended	3 Months Ended
	Jul. 10, 2014	21-May-14	2-May-14	Jun. 30, 2014	Jul. 31, 2014	Jul. 31, 2013	Apr. 30, 2014
Convertible Promissory Notes Details Narrative	'	'	'	'	'	'	'
Proceeds from Issuance of Convertible Promissory Notes	$36,000	$50,000	$50,000	$96,000	'	'	'
Interest rate on Convertible Promissory Notes (as a percentage)	'	8.00%	8.00%	10.00%	'	'	'
Debt Discount on Convertible notes payable	33,929	41,096	37,671	36,826	201,046	'	0
Interest Expenses	$2,071	$8,904	$12,329	$12,150	$64,395	'	'

OTHER_CURRENT_LIABILITIES_Deta

OTHER CURRENT LIABILITIES (Details) (USD $)	Jul. 31, 2014	Apr. 30, 2014
Other Current Liabilities Details	'	'
Payroll tax liability	$54,423	$13,290
Accrued payroll	40,596	24,508
Other current liabilities	6,296	499
Accrued interest expense	4,567	236
Accrued outside services	'	11,690
TOTAL OTHER CURRENT LIABILITIES	$105,882	$50,223

CAPITAL_STOCK_Details_Narrativ

CAPITAL STOCK (Details Narrative) (USD $)

0 Months Ended

3 Months Ended

2 Months Ended

3 Months Ended

0 Months Ended

4 Months Ended

Jul. 10, 2014

21-May-14

Jul. 31, 2014

Jul. 31, 2013

Apr. 30, 2014

Jun. 30, 2014

Apr. 30, 2014

Jul. 31, 2014

Jul. 31, 2014

Jul. 31, 2014

Jul. 31, 2014

Jun. 01, 2014

Jun. 27, 2014

Jul. 31, 2014

Private Placement [Member]

Private Placement [Member]

Adagio Bed and Breakfast [Member]

Individual [Member]

Vender [Member]

Two Entities And Two Individuals [Member]

Mark Gaitan [Member]

Chief Operating Officer [Member]

Consultant [Member]

Common Stock, Par Value

'

'

$0.00

'

$0.00

'

'

'

'

'

'

'

'

'

Common Stock, Shares Authorized

'

'

75,000,000

'

75,000,000

'

'

'

'

'

'

'

'

'

Common Stock, Shares Issued

'

'

18,787,000

'

17,860,000

'

1,220,000

10,000

2,000

15,000

500,000

125,000

250,000

25,000

Common Stock, Shares, Outstanding

'

'

18,787,000

'

17,860,000

'

'

'

'

'

'

'

250,000

'

Proceeds from issuance of common stock

'

'

$5,000

$12,200

'

'

'

'

'

'

'

'

$212,250

'

Fair value of shares issued

'

'

'

'

'

12,200

'

75,000

15,000

1,500

5,000

'

'

81,250

Proceeds from issuance of warrants

$48,989

$106,096

'

'

'

'

'

'

'

'

'

'

'

'