MaryJane (PLAD) 10-Q 12 Mar 15 2015 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	9 Months Ended
	Jan. 31, 2015	Mar. 12, 2015
Document And Entity Information
Entity Registrant Name	MaryJane Group, Inc.
Entity Central Index Key	1554225
Document Type	10-Q
Document Period End Date	31-Jan-15
Amendment Flag	FALSE
Current Fiscal Year End Date	-26
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		21,322,000
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2015

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)	Jan. 31, 2015	Apr. 30, 2014
Assets, Current
Cash	$325	$3,431
Prepaid Expense	67,985	10,149
Employee advances	55	3,300
Assets, Current	68,365	16,880
Fixed assets, net	19,079	51,436
Security deposit	24,500	10,000
Total assets	111,944	78,316
Current Liabilities:
Convertible notes payable, net of debt discount of $182,222 and $0, respectively	270,658	75,000
Accounts Payable, Current	22,996	12,358
Other Liabilities, Current	205,850	50,223
Bank overdraft		13,757
Total current liabilities	499,504	151,338
Long-term Liabilities:
Convertible notes payable, net of debt discount of $90,693 and $0, respectively	30,907
Convertible debentures	90,000	90,000
Accrued interest	7,877	506
Derivative liabilities	153,458
Total long-term liabilities	282,242	90,506
Total liabilities	781,746	241,844
Commitments and Contingencies
Stockholders' Deficit:
Common stock - par value $0.001; 75,000,000 shares authorized; 21,072,000 and 17,860,000 shares issued and outstanding, respectively	21,072	17,860
Additional paid in capital	1,748,722	72,076
Prepaid services	-104,057
Accumulated deficit	-2,335,539	-253,464
Total stockholders' equity (deficit)	-669,802	-163,528
Total liabilities and stockholders' equity (deficit)	$111,944	$78,316

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) (USD $)	Jan. 31, 2015	Dec. 22, 2014	Nov. 26, 2014	Sep. 30, 2014	Jun. 16, 2014	23-May-14	2-May-14	Apr. 30, 2014	Apr. 07, 2014
Statement of Financial Position [Abstract]
Debt Discount on Convertible notes payable	$90,693	$44,520	$31,019	$48,621	$10,984	$10,984	$12,191	$0	$17,202
Common Stock, Par Value	$0.00							$0.00
Common Stock, Shares Authorized	75,000,000							75,000,000
Common Stock, Shares Issued	21,072,000							17,860,000
Common Stock, Shares, Outstanding	21,072,000							17,860,000

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATION (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Jan. 31, 2015	Jan. 31, 2014	Jan. 31, 2015	Jan. 31, 2014
Income Statement [Abstract]
Revenue	$140,086		$417,318
Cost of goods sold	122,269		303,518
Gross profit	17,817		113,800
Operating Expenses
General and administration	92,603	2,885	1,665,457	25,111
Sales and marketing	5,789		15,421
Depreciation	1,764		3,779
Total operating expenses	100,156	2,885	1,684,657	25,111
Operating loss	-82,339	-2,885	-1,570,857	-25,111
Other income and (expense)
Miscellaneous income	9,359		25,278
Interest expense	-124,691		-279,192
Loan closing costs	-184,562		-205,162
Disposal of fixed assets			-52,142
Total other income (expense)	-299,894		-511,218
Loss before taxes	-382,233	-2,885	-2,082,075	-25,111
Provision for income taxes
Net loss	($382,233)	($2,885)	($2,082,075)	($25,111)
Loss per share, basic and diluted	($0.02)	$0	($0.11)	$0
Weighted average number of shares outstanding	19,879,500	10,360,000	19,461,448	10,284,203

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	9 Months Ended
	Jan. 31, 2015	Jan. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	($2,082,075)	($25,111)
Adjustments to reconcile net loss to net cash flows provided by (used in) operating activities:
Depreciation	3,779
Amortization of prepaid expenses	92,315
Amortization of prepaid services	749,793
Amortization of debt discount	252,421
Non-cash loan closing costs	161,446
Non-cash consulting and service costs	119,264
Disposal of fixed assets	33,277
Change in operating assets and liabilities:
Other current assets	13,394
Accounts payable	12,138
Bank overdraft	-13,757
Other current liabilities	155,627	1,786
Other long-term liabilities	7,371
Net cash flows used in operating activities	-495,007	-23,325
CASH FLOWS FROM INVESTING ACTIVITIES
Security deposit	-14,500
Purchase of fixed assets	-4,699
Net cash flows used in investing activities	-19,199
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from convertible promissory notes	506,100
Proceeds from sale of common stock	5,000	12,200
Net cash flows provided by financing activities	511,100	12,200
Decrease in cash	-3,106	-11,125
Cash, beginning of period	3,431	11,346
Cash, end of period	325	221
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Interest paid
Income taxes paid
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING ACTIVITIES:
Beneficial conversion feature for convertible notes	531,956
Shares issued with employment agreements	853,850
Shares issued for services	170,664
Warrants issued with debt	$153,458

THE_COMPANY

THE COMPANY	9 Months Ended
	Jan. 31, 2015
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”), had six wholly-owned subsidiaries at January 31, 2015, as listed below:
		Date of
		Organization or
		Incorporation
	Mary Jane Entertainment, LLC	21-May-13
	Capital Growth Corporation	4-Feb-14
	Bud and Breakfast, LLC	10-Apr-14
	Mary Jane Hospitality, LLC	22-Jul-14
	Mary Jane Events, LLC	22-Jul-14
	Mary Jane Designs, LLC	28-Aug-14
	On November 21, 2014, the following entities were dissolved; (i) Mary Jane Tours, LLC; (ii) Mile High Times, LLC; (iii) Dab City Radio, LLC; and (iv) Mary Jane Glassworks, LLC.
	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.
	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 Leases
	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 (the “Adagio Lease”). The Adagio 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 issued the owner of the Adagio 10,000 shares of our Common Stock. On February 27, 2015, we executed a Contract to Buy and Sell Real Estate (the “Sales Contract”) with A Capital Inn, Inc. (the “Seller”) for the purchase of the Adagio. The purchase price for the Adagio was $1,500,000 with the Seller agreeing to finance $1,000,000. Upon execution of the Sales Contract, the Company made a deposit of $50,000. The Company expects the closing to take place on or before May 15, 2015.
	On September 4, 2014, we entered into a one year lease with the owners of the Mountain Vista Bed and Breakfast (“Mountain Vista”), located at 358 Lagoon Lane, Silverthorne Colorado (the “Mountain Vista Lease”). The Mountain Vista Lease commenced 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 Mountain Vista 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.
	Fiscal year end
	We elected April 30th as our fiscal year ending date.
	Going concern uncertainty
	At January 31, 2015, we had an accumulated deficit of $2,335,539, and for the nine months ended January 31, 2015, we incurred losses of $2,082,075. 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; 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	9 Months Ended
	Jan. 31, 2015
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 in the United States of America (“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 unaudited 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/A for the year ended April 30, 2014 as filed with the SEC on August 29, 2014.
	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/A 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	9 Months Ended
	Jan. 31, 2015
Property, Plant and Equipment [Abstract]
FIXED ASSETS	NOTE 3 – FIXED ASSETS
	Fixed assets consist of the following:
		January 31,			April 30,
		2015			2014
	Furniture and fixtures	$	22,131		$	19,752
	Leasehold improvements		2,320			—
	Equipment		865			16,670
	Vans and party buses		—			24,000
			25,316			60,422
	Less: accumulated depreciation		(6,237	)		(8,986	)
	TOTAL PROPERTY AND EQUIPMENT	$	19,079		$	51,436
	Depreciation expense for the three and nine months ended January 31, 2015 was $1,764 and $3,779, respectively. We incurred no depreciation expense during the three and nine months ended January 31, 2014.

CONVERTIBLE_PROMISSORY_NOTES

CONVERTIBLE PROMISSORY NOTES	9 Months Ended
	Jan. 31, 2015
Debt Disclosure [Abstract]
CONVERTIBLE PROMISSORY NOTES	NOTE 4 – CONVERTIBLE PROMISSORY NOTES
	On April 7, 2014, we issued an aggregate of $75,000 in Convertible Promissory Notes (the “Notes”) to two investors. The Notes are due and payable on or before April 30, 2015, including accrued interest calculated at 5% per annum. The Notes are convertible into shares of our Common Stock at $1.00 per share. At January 31, 2015, $17,202 was reported as debt discount and $57,798 was recorded as interest expense on the accompanying condensed consolidated financial statements.
	On May 23, 2014 and June 16, 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, are due twelve months from the date of issue and are convertible into shares of our Common Stock at $1.00 per share. The debt discount of the May/June 2014 Notes was determined to be $48,738. At January 31, 2015, $10,984 was recorded as debt discount and $37,754 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, is due twelve months from the date of issue and is convertible into shares of our Common Stock at $2.00 per share. The debt discount for the April 2014 Note was determined to be $50,000. At January 31, 2015, $12,191 was recorded as debt discount and $37,809 was recorded as interest expense on the accompanying condensed consolidated financial statements.
	On September 12, 2014, we issued two 8% Convertible Redeemable Notes each in the amount of $52,500 for an aggregate principal amount of $105,000 (the “First September 2014 Note” and “Second September 2014 Note”). On September 17, 2014, we received payment of $45,000, net of legal fees of $2,500 and finder’s fees of $5,000, under the First September 2014 Note. The First September 2014 Note matures on September 15, 2015 and is convertible into shares of our Common Stock at a 43% discount of the lowest trading price of our Common Stock for the 18 days prior to conversion. The funding of the Second September 2014 Note (to be $45,000 after the payment of $2,500 in legal fees and $5,000 in finder’s fee) is yet to be determined, but will be deemed eligible for conversion on the funding date. The debt discount for the First September 2014 Note was determined to be $39,605. At January 31, 2015, $24,305 was recorded as debt discount and $15,300 was recorded as interest expense on the accompanying condensed consolidated financial statements.
	On September 30, 2014, we issued a Convertible Promissory Note to an entity in the amount of $86,000 (the “September 2014 Replacement Note”) in replacement of a $50,000 note issued on May 15, 2014 (the “May 2014 Note”) and a $36,000 note issued on July 10, 2014 (the “July 2014 Note”). The September 2014 Replacement Note bears interest at 8% per annum, is due on July 10, 2015, and is convertible into shares of our Common Stock at the lesser of $0.10 or a 45% discount to the market price of our Common Stock. The September 2014 Replacement Note contained provisions wherein we (i) issued 350,000 shares of our Common Stock to the entity and (ii) canceled 125,000 previously authorized but unissued warrants to purchase shares of our Common Stock. The debt discount for the September 2014 Replacement Note was determined to be $86,000. At January 31, 2015, $48,621 was recorded as debt discount and $37,379 was recorded as interest expense on the accompanying condensed consolidated financial statements.
	On November 26, 2014, we issued an 8% Convertible Promissory Note in the principal amount of $50,000 (the “November 2014 Note”). The November 2014 Note matures on August 26, 2015 and is convertible into shares of our Common Stock at a 45% discount to the market price of our Common Stock. “Market Price” as defined in the November 2014 Note means the average of the lowest two (2) trading prices for our Common Stock during the twenty-five trading day period ending on the latest complete trading day prior to the date of conversion. We received net proceeds of $44,250 from this transaction after payment of $2,750 in expenses and $3,000 in legal fees. The debt discount for November 2014 Note was determined to be $40,909. At January 31, 2015, $31,019 was recorded as debt discount and $9,890 was recorded as interest expense on the accompanying condensed consolidated financial statements.
	On December 22, 2014, we issued a 10% Convertible Promissory Note in the principal amount of $220,000 (the “December 2014 Note”). The December 2014 Note matures on December 22, 2015 and is convertible into shares of our Common Stock at the lesser of $0.08 or a 50% discount to the market price during the 20 consecutive trading days prior to the conversion date. We received net proceeds of $45,000 from this transaction after payment of $2,000 in expenses and $3,000 in legal fees. The balance due under the December 2014 Note will be funded on or before December 22, 2015. The debt discount for December 2014 Note was determined to be $50,000. At January 31, 2015, $44,520 was recorded as debt discount and $5,480 was recorded as interest expense on the accompanying condensed consolidated financial statements.

OTHER_CURRENT_LIABILITIES

OTHER CURRENT LIABILITIES	9 Months Ended
	Jan. 31, 2015
Other Liabilities Disclosure [Abstract]
OTHER CURRENT LIABILITIES	NOTE 5 – OTHER CURRENT LIABILITIES
	Other current liabilities consist of the following:
		January 31,		April 30,
		2015		2014
	Payroll tax liability	$	143,459	$	13,290
	Accrued lodging taxes		23,417		—
	Accrued interest expense		19,635		236
	Accrued payroll		17,351		24,508
	Other current liabilities		1,988		499
	Accrued outside services		—		11,690
	TOTAL OTHER CURRENT LIABILITIES	$	205,850	$	50,223

LONGTERM_LIABILITIES

LONG-TERM LIABILITIES	9 Months Ended
	Jan. 31, 2015
Debt Disclosure [Abstract]
LONG-TERM LIABILITIES	NOTE 6 – LONG-TERM LIABILITIES
	On March 18, 2014, we issued an aggregate of $90,000 in 5% Convertible Debentures (the “Debentures”) to two investors. The Debentures are due and payable on or before March 20, 2017, including accrued interest calculated at 5% per annum. The Debentures are convertible into shares of our Common Stock at $1.00 per share.
	On August 13, 2014, we issued an 8% Original Issue Discount Convertible Promissory Note in the principal amount of $61,600 (the “August 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 August 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 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. The debt discount for the August Note was determined to be $61,600. At January 31, 2015, $42,414 was recorded as debt discount and $32,867 was recorded as interest expense on the accompanying condensed consolidated financial statements.
	On October 22, 2014, we issued a 10% Secured Convertible Promissory Note in the principal amount of $225,000 (the “October Note”). The October Note is convertible into shares of our Common Stock at $0.25 per share, subject to adjustments. The October Note is to be funded in four tranches. The first tranche of $50,000, net of $5,000 in legal fees and the original issue discount of $5,000, was funded on October 22, 2014 and was immediately deemed eligible for conversion. The funding of the remaining three tranches in the amount of $50,000 each (net of the original issue discount of $5,000) is yet to be determined, but will be deemed eligible for conversion on the date of funding. In conjunction with the issuance of the October Note, we issued four warrants to purchase shares of our Common Stock (“Warrant(s)”) (designated Warrant #1, Warrant #2, Warrant #3 and Warrant #4). Warrant #1 is for the purchase of 176,471 shares of our Common Stock. Warrants #2, #3 and #4 are for an amount determined by dividing $27,500 by our Common Stock’s market price on the date corresponding with the second, third and fourth funding. The debt discount for the October Note was determined to be $60,000. At January 31, 2015, $48,279 was recorded as debt discount and $11,721 was recorded as interest expense on the accompanying condensed consolidated financial statements.

CAPITAL_STOCK

CAPITAL STOCK	9 Months Ended
	Jan. 31, 2015
Notes to Financial Statements
CAPITAL STOCK	NOTE 7 – CAPITAL STOCK
	Common Stock
	At January 31, 2015 and April 30, 2014, we had 75,000,000 shares of Common Stock, $0.001 par value, authorized, with 21,072,000 and 17,860,000 shares issued and outstanding, respectively.
	Common Stock Issuances During the Nine Months Ended January 31, 2015
		●	Pursuant to employment agreements with certain individuals, we issued an aggregate of 1,355,000 shares of our Common Stock having an aggregate fair market value on the date of issuance of $691,350.
		●	Pursuant to the terms of consulting agreements with certain individuals and/or entities, we issued an aggregate of 690,000 shares of our Common Stock having an aggregate fair market value on the date of issuance of $193,400.
		●	Pursuant to a private placement, 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.
		●	Pursuant to the terms of a loan consolidation, we issued 350,000 shares of our Common Stock to an entity as an inducement for the transaction having a fair market value on the date of issuance of $8,864.
		●	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 $162,500.
		●	Pursuant to the terms of a verbal agreement with an individual for legal services, we issued an aggregate of 30,000 shares of our Common Stock having a fair market value on the date of issuance of $10,000.
		●	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.
		●	Pursuant to the terms of the Adagio Lease, we issued 10,000 shares of our Common Stock as additional consideration to the property owners having a fair market value on the date of issuance of $50,000.
		●	Pursuant to the terms of the Mountain Vista Lease, we issued 10,000 shares of our Common Stock as additional consideration to the property owners having a fair market value on the date of issuance of $2,300.
		●	Pursuant to the terms of an asset purchase agreement, we issued 2,000 shares of our Common Stock to an individual having a fair market value on the date of issuance of $15,000.
	Common Stock Issuances During the Nine Months Ended January 31, 2014
	During May and June 2013, we entered into Securities Purchase Agreements with multiple investors for the issuance and sale of shares 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 were 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.
	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 Warrant(s). The Black-Scholes Model is an acceptable model in accordance with GAAP.
	Warrant Activity during the Nine Months Ended January 31, 2015
	On May 21, 2014, we issued Warrants to purchase 7,500 shares of our Common Stock to each of two individuals for services to be rendered (the “May 2014 Service Warrants”). The May 2014 Service Warrants have an exercisable term of three years and are exercisable at $1.50 per share. The fair value of the May 2014 Service Warrants of $159,948 was determined by using the Black-Scholes Model on the date of the grant. The fair value of the May 2014 Service Warrants was recorded as an expense in the accompanying condensed consolidated financial statements.
	On May 21, 2014, we also issued Warrants for the purchase of 62,500 shares of our Common Stock 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 three years and are exercisable at $1.50 per share. The fair value of the May 2014 Warrants of $670,999 was determined by using the Black-Scholes Model on the date of the grant. The fair value of the May 2014 Warrants was recorded as a warrant liability in the accompanying condensed consolidated financial statements.
	On July 10, 2014, we issued Warrants for the purchase of an aggregate of 125,000 shares of our Common Stock in connection with the issuance of convertible promissory notes (the “July 2014 Warrants”). In September 2014, the July 2014 Warrants were canceled (see NOTE 4).
	On August 13, 2014, we issued Warrants for the purchase of an aggregate of 513,333 shares of our Common Stock in connection with the issuance of convertible promissory notes (the “August 2014 Warrants”) (see NOTE 4). The August 2014 Warrants have an exercisable term of five years and are exercisable at $0.132 per share. The fair value of the August 2014 Warrants of $126,476 was determined by using the Black-Scholes Model on the date of the grant. The fair value of the August 2014 Warrants was recorded as a warrant liability in the accompanying condensed consolidated financial statements.
	On October 22, 2014, we issued Warrants for the purchase of an aggregate of 26,982 shares of our Common Stock in connection with the issuance of convertible promissory notes (the “October 2014 Warrants”) (see NOTE 4). The October 2014 Warrants have an exercisable term of five years and are exercisable at $0.17 per share. The fair value of the October 2014 Warrants of $26,982 was determined by using the Black-Scholes Model on the date of the grant. The fair value of the October 2014 Warrants was recorded as a warrant liability in the accompanying condensed consolidated financial statements.
	Warrant Activity during the Nine Months Ended January 31, 2014
	On February 27, 2014, we issued Warrants or the purchase of an aggregate of 748,500 shares of our Common Stock to two entities (the “February 2014 Warrants”). The February 2014 Warrants have an exercisable term of five years and are exercisable at $1.00 per share. The fair value of the October 2014 Warrants of $1,498 was determined by using the Black-Scholes Model on the date of the grant. The fair value of the February 2014 Warrants was recorded as a warrant liability in the accompanying condensed consolidated financial statements.
	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 Stock was reserved for issuance upon the exercise of options (“2014 Plan Option(s)”). The 2014 Plan was designed to serve as an incentive for retaining 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 January 31, 2015, no options were granted under the 2014 Plan.

INCOME_TAXES

INCOME TAXES	9 Months Ended
	Jan. 31, 2015
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 8 – 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 nine months ended January 31, 2015, 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 January 31, 2015, 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	9 Months Ended
	Jan. 31, 2015
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 9 – SUBSEQUENT EVENTS
	On February 12, 2015, we issued an 8% Original Issue Discount Convertible Promissory Note in the principal amount of $27,500 (the “February 2015 Note”) and a Common Stock Purchase Warrant for the purchase of 458,333 shares of our Common Stock to an entity (the “OID Warrant”). The February Note matures on July 9, 2016 and is convertible into shares of our Common Stock at a 60% discount to the lowest daily volume weighted average price 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 $0.06 per share and contains provisions for a cashless exercise. We received net proceeds of $25,000 from this transaction after the payment of the original discount of $2,500. The proceeds from the sale of the securities are being used as working capital.
	On February 12, 2015, we entered into a loan agreement with an entity and borrowed $39,000. Pursuant to the terms of the loan agreement, we are required to make 100 equal installments of $553.00, or an aggregate of $55,300, to repay the principal balance and interest in full. The proceeds of this loan were used to pay the deposit on the purchase of the Adagio.
	On February 5, 2015, we entered into a Consulting Services Agreement with an entity (the “Consultant”) to assist us in preparing and implementing a Standard Operating Procedure Manual, among other tasks to be assigned by management from time to time. As consideration for the Consultant’s services, we agreed to pay the Consultant $2,500 per month and to issue the Consultant 25,000 shares of our Common Stock for each month the Consultant is engaged by us.
	On February 27, 2015, we sold 200,000 shares of our Common Stock to a non-affiliate for $10,000 or $.05 per share.
	On February 27, 2015, we executed a Contract to Buy and Sell Real Estate (the “Sales Contract”) with A Capital Inn, Inc. (the “Seller”) for the purchase of the Adagio. The purchase price for the Adagio was $1,500,000 with the Seller agreeing to finance $1,000,000. Upon execution of the Sales Contract, we made a deposit of $50,000. We expect the closing to take place on or before May 15, 2015.

BASIS_OF_PRESENTATION_AND_RECE1

BASIS OF PRESENTATION AND RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS (Policies)	9 Months Ended
	Jan. 31, 2015
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 in the United States of America (“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 unaudited 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/A for the year ended April 30, 2014 as filed with the SEC on August 29, 2014.
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/A 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)	9 Months Ended
	Jan. 31, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]		January 31,			April 30,
		2015			2014
	Furniture and fixtures	$	22,131		$	19,752
	Leasehold improvements		2,320			—
	Equipment		865			16,670
	Vans and party buses		—			24,000
			25,316			60,422
	Less: accumulated depreciation		(6,237	)		(8,986	)
	TOTAL PROPERTY AND EQUIPMENT	$	19,079		$	51,436

OTHER_CURRENT_LIABILITIES_Tabl

OTHER CURRENT LIABILITIES (Tables)	9 Months Ended
	Jan. 31, 2015
Other Liabilities Disclosure [Abstract]
Other Current Liabilities [Table Text Block]		January 31,		April 30,
		2015		2014
	Payroll tax liability	$	143,459	$	13,290
	Accrued lodging taxes		23,417		—
	Accrued interest expense		19,635		236
	Accrued payroll		17,351		24,508
	Other current liabilities		1,988		499
	Accrued outside services		—		11,690
	TOTAL OTHER CURRENT LIABILITIES	$	205,850	$	50,223

THE_COMPANY_Details_Narrative

THE COMPANY (Details Narrative) (USD $)	3 Months Ended		9 Months Ended			0 Months Ended
	Jan. 31, 2015	Jan. 31, 2014	Jan. 31, 2015	Jan. 31, 2014	Jan. 30, 2015	Jul. 21, 2014	Apr. 30, 2014
Common Shares Issued	21,072,000		21,072,000				17,860,000
Common Share Outstanding per month	21,072,000		21,072,000				17,860,000
Accumulated deficit	$2,335,539		$2,335,539				$253,464
Net loss	382,233	2,885	2,082,075	25,111
Chief Operating Officer [Member]
Basic Salary					100,000
Car allowance per month					500
Common Shares Issued	250,000		250,000
Common Share Outstanding per month	250,000		250,000
Lease Agreements [Member]
Rent Paid per Month						$1,505
Lease Expiration Date						31-Jul-17
Lease Entension Period						2 years

FIXED_ASSETS_Details

FIXED ASSETS (Details) (USD $)	3 Months Ended		9 Months Ended
	Jan. 31, 2015	Jan. 31, 2014	Jan. 31, 2015	Jan. 31, 2014	Apr. 30, 2014
Property, Plant and Equipment, Gross	$25,316		$25,316		$64,022
Less: accumulated depreciation	-6,237		-6,237		-8,986
Property, Plant and Equipment, Net	19,079		19,079		51,436
Depreciation	1,764		3,779
Furniture and Fixtures [Member]
Property, Plant and Equipment, Gross	22,131		22,131		19,752
Leasehold Improvements [Member]
Property, Plant and Equipment, Gross	2,320		2,320
Equipment [Member]
Property, Plant and Equipment, Gross	865		865		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							3 Months Ended		9 Months Ended		0 Months Ended
	Dec. 22, 2014	Nov. 26, 2014	Sep. 30, 2014	Jun. 16, 2014	23-May-14	2-May-14	Apr. 07, 2014	Jan. 31, 2015	Jan. 31, 2014	Jan. 31, 2015	Jan. 31, 2014	Sep. 12, 2014	Apr. 30, 2014	Mar. 18, 2014
Proceeds from Issuance of Convertible Promissory Notes	$220,000	$50,000	$86,000	$96,000	$96,000	$50,000	$75,000	$30,907		$30,907				$90,000
Interest rate on Convertible Promissory Notes (as a percentage)	10.00%	8.00%	8.00%	10.00%	10.00%	8.00%	5.00%							5.00%
Debt Discount on Convertible notes payable	44,520	31,019	48,621	10,984	10,984	12,191	17,202	90,693		90,693			0
Interest Expenses	5,480	890	37,379	37,754	37,754	37,809	57,798	124,691		279,192
Note One [Member]
Proceeds from Issuance of Convertible Promissory Notes												52,500
Interest rate on Convertible Promissory Notes (as a percentage)												8.00%
Debt Discount on Convertible notes payable												39,605
Interest Expenses												15,300
Note Two [Member]
Proceeds from Issuance of Convertible Promissory Notes												52,500
Interest rate on Convertible Promissory Notes (as a percentage)												8.00%
Debt Discount on Convertible notes payable												24,305
Interest Expenses												$15,300

OTHER_CURRENT_LIABILITIES_Deta

OTHER CURRENT LIABILITIES (Details) (USD $)	Jan. 31, 2015	Apr. 30, 2014
Other Current Liabilities Details
Payroll tax liability	$143,459	$13,290
Accrued lodging taxes	23,417
Accrued interest expense	19,635	236
Accrued payroll	17,351	24,508
Other current liabilities	1,988	499
Accrued outside services		11,690
TOTAL OTHER CURRENT LIABILITIES	$205,850	$50,223

LONGTERM_LIABILITIES_Details_N

LONG-TERM LIABILITIES (Details Narrative) (USD $)	0 Months Ended
	Aug. 13, 2014	Oct. 22, 2014	Jan. 31, 2015	Dec. 22, 2014	Nov. 26, 2014	Sep. 30, 2014	Jun. 16, 2014	23-May-14	2-May-14	Apr. 30, 2014	Apr. 07, 2014	Mar. 18, 2014
Proceeds from Issuance of Convertible Promissory Notes			$30,907	$220,000	$50,000	$86,000	$96,000	$96,000	$50,000		$75,000	$90,000
Interest rate on Convertible Promissory Notes (as a percentage)				10.00%	8.00%	8.00%	10.00%	10.00%	8.00%		5.00%	5.00%
Common Shares Purchased			21,072,000							17,860,000
Warrant Excersiable Price												$1
Debt Discount on Convertible notes payable			90,693	44,520	31,019	48,621	10,984	10,984	12,191	0	17,202
August Note [Member]
Proceeds from Issuance of Convertible Promissory Notes	61,600
Interest rate on Convertible Promissory Notes (as a percentage)	8.00%
Common Shares Purchased	513,333
Warrant Excersiable Price	$0.13
Legal Fees	6,000
Debt Discount on Convertible notes payable	5,600
October Note [Member]
Proceeds from Issuance of Convertible Promissory Notes		225,000
Interest rate on Convertible Promissory Notes (as a percentage)		10.00%
Common Shares Purchased		176,471
Warrant Excersiable Price		$0.25
Legal Fees		5,000
Debt Discount on Convertible notes payable		$5,000

CAPITAL_STOCK_Details_Narrativ

CAPITAL STOCK (Details Narrative) (USD $)	9 Months Ended		2 Months Ended	9 Months Ended
	Jan. 31, 2015	Jan. 31, 2014	Jun. 30, 2013	Jan. 30, 2015	Apr. 30, 2014
Common Stock, Par Value	$0.00				$0.00
Common Stock, Shares Authorized	75,000,000				75,000,000
Common Stock, Shares Issued	21,072,000				17,860,000
Common Stock, Shares, Outstanding	21,072,000				17,860,000
Proceeds from issuance of common stock	$5,000	$12,200
Private Placement [Member]
Common Stock, Shares Issued	500,000		1,220,000
Proceeds from issuance of common stock			12,200
Fair value of shares issued	5,000
Individual [Member]
Common Stock, Shares Issued	1,355,000
Fair value of shares issued	691,350
Entity [Member]
Common Stock, Shares Issued	350,000
Fair value of shares issued	8,864
Legal Service [Member]
Common Stock, Shares Issued	30,000
Fair value of shares issued	10,000
Vender [Member]
Common Stock, Shares Issued	15,000
Fair value of shares issued	1,500
Adagio Lease [Member]
Common Stock, Shares Issued	10,000
Fair value of shares issued	50,000
Mountain Vista Lease [Member]
Common Stock, Shares Issued	10,000
Fair value of shares issued	2,300
Asset Purchase Agreement [Member]
Common Stock, Shares Issued	2,000
Fair value of shares issued	15,000
Consultant [Member]
Common Stock, Shares Issued	690,000
Fair value of shares issued	193,400
Chief Operating Officer [Member]
Common Stock, Shares Issued	250,000
Common Stock, Shares, Outstanding	250,000
Fair value of shares issued				$162,500

CAPITAL_STOCK_Details_Narrativ1

CAPITAL STOCK (Details Narrative 2) (Warrant [Member], USD $)	Feb. 27, 2014	21-May-15	Oct. 22, 2014	Aug. 13, 2014	Jul. 10, 2014
Warrants issued to purchase Common Stock	748,500
Exercisable Price (per share)	$1
Fair value of warrants	$1,498
Convertible Promissory Notes [Member]
Warrants issued to purchase Common Stock		62,500	26,982	513,333	125,000
Exercisable Price (per share)		$1.50	$0.17	$0.13
Fair value of warrants		670,999	26,982	126,476
Two Individuals [Member]
Warrants issued to purchase Common Stock		7,500
Exercisable Price (per share)		$1.50
Fair value of warrants		$159,948