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Maricann Group (CSE: MARI) New Listing

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Established in 2013, Maricann was one of the first companies approved by Health Canada to cultivate cannabis plants, receiving its initial license in March 2014.

Additional Information:

Company: Maricann Group
Website: http://www.maricann.ca
Stock Symbol: CSE: MARI
Date Published: Apr 24, 2017
Transcript: Available

Video Transcript:

I’m Bethany Rae for Investmentpitch Media

Maricann Group (CSE:MARI) is the latest new listing on the Canadian Securities Exchange, following a reverse takeover of Danbel Ventures, and now trades under the symbol “MARI”,

Established in 2013, Maricann was one of the first companies approved by Health Canada to cultivate cannabis plants, receiving its initial license in March 2014.

A vertically integrated producer and distributer of marijuana for medical purposes, Maricann is currently one of approximately 43 companies with a federal licence to cultivate and sell cannabis and one of approximately 30 independent licensed producers allowed to process and distribute cannabis extracts.

Ben Ward, CEO, stated: “We have been building a very strong foundation to all aspects of our business over the last four years. Now, as a public company, we continue to build on that foundation in capitalizing on growth opportunities across the expanding cannabis industry. We are moving forward on the path to becoming one of the world’s leading vertically integrated cannabis companies.”

The company offers a variety of products in oil and flower forms, with indica, sativa and high-CBD strains grown in environmentally friendly, state-of-the-art facilities in Ontario.

The company’s website also has a simple step by step process for new patients, including all documentation.

Maricann currently services a client base of more than 8,000 registered patients, and is undertaking an expansion of its cultivation and support facilities, to support existing and future patient growth.

The shares are trading at $2.30, and with 72.5 million shares outstanding, the company is capitalized at $167 million.

For more information about the company, please visit the company’s website www.maricann.ca, contact Shawn Alexander, VP Investor Relations, at 844-627-4226 or email salexander@maricann.ca

I’m Bethany Rae for Investmentpitch Media