Business
Maricann Provides Details on Alberta Supply Agreement
Maricann Provides Details on Alberta Supply Agreement.
About this update from Wayland Group Corp
[{"type":"text","content":"\nTORONTO, July 05, 2018 (GLOBE NEWSWIRE) -- Maricann Group Inc. (CSE:MARI)(FRANKFURT:75M)(OTCQB:MRRCF) (“Maricann” or the “Company”) Further to our corporate update earlier today, Maricann is pleased to announce that they have entered into an agreement with the Alberta Gaming, Liquor & Cannabis Commission (AGLC) to allocate up to 3,375 kg of cannabis product for the AB market within the first six months.\n “Alberta is a strategic market for further developing our portfolio of Recreational brands. We congratulate the work the AGLC has done getting ready for October 17, 2018 to responsibly provide Cannabis to Albertans.”  Geoff Kosar, Vice President Sales and Marketing. About Maricann Group Inc. Maricann is a vertically integrated producer and distributor of marijuana for medical purposes. The company was founded in 2013 and is based in Burlington, Ontario, Canada and Munich, Germany, with production facilities in Langton, Ontario where it operates a medicinal cannabis cultivation, extraction, formulation and distribution business under federal licence from the Government of Canada. The Company also has production operations in Dresden, Saxony, Germany and Regensdorf, Switzerland. Maricann is currently undertaking an expansion of its cultivation and support facilities in Canada in a 942,000 sq. ft. (87,515 sq. m) build-out and will continue to pursue new opportunities in Europe. Forward Looking Statements Certain statements in this press release contain forward-looking statements, including, without limitation with respect to (i) the execution of additional supply agreements, (ii) anticipated production at the Langton Facility, (iii) receipt of regulatory approvals in German, (iv) the entering into of one or more strategic transactions, which can be identified by the use of forward-looking terminology such as “believes”, “expects”, “may”, “desires”, “will”, “should”, “projects”, “estimates”, “contemplates”, “anticipates”, “intends”, or any negative such as “does not believe” or other variations thereof or comparable terminology. No assurance can be given that potential future results or circumstances described in the forward-looking statements ...