MRRCF - Wayland Group Corp.
| Previous Close | 0.1280 |
| Open | 0.1001 |
| Bid | 0.0000 x 0 |
| Ask | 0.0000 x 0 |
| Day's Range | 0.1000 - 0.1280 |
| 52 Week Range | 0.0780 - 2.0200 |
| Volume | 43,668 |
| Avg. Volume | 67,079 |
| Market Cap | 11.392M |
| Beta (3Y Monthly) | 3.70 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.2650 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- GlobeNewswire
Wayland Group Obtains Commitment for Further Bridge Loans from Cryptologic Subject to an Overall Aggregate Cap of $25 Million
Wayland Group (CSE:WAYL) (“Wayland”) and Cryptologic Corp. (CSE:CRY) (“Cryptologic”) are pleased to announce that Maricann Inc. (“Maricann”), a subsidiary of Wayland, and Cryptologic have entered into an amended and restated loan agreement, effective as of September 17, 2019 (the “Agreement”), that provides for additional bridge loans from Cryptologic to Maricann (collectively, the “Loans” and each a “Loan”). Each additional Loan is expected to be in an amount equal to $1 million, subject to an overall aggregate cap of $25 million for all Loans, including Loans already advanced. Following Cryptologic’s advance of an additional Loan of $1 million on September 18, 2019, the aggregate principal amount of outstanding Loans is $6 million.
- GlobeNewswire
Wayland Group Notified of Proposed Securities Class Action Proceedings
Wayland Group Corp. (CSE:WAYL) (“Wayland” or the “Company”) announced today that it has been made aware that a statement of claim in a proposed securities class proceeding was issued in Ontario against the Company, the former CEO of the Company and two investment banking firms engaged by the Company in connection with certain capital markets transactions in 2018. In commenting on a newspaper account by lawyers making a promotional announcement, Wayland observed that no claim of this nature has been served on the Company. Wayland is a vertically integrated cultivator and processor of cannabis.
- Benzinga
An Extraordinary International Misunderstanding: The UN's International Narcotics Control Board's Cannabis Quotas Are Not What The Media Portrays
On Aug. 20, the United Nations International Narcotics Control Board (“INCB”) announced that Colombia would be awarded a quota of 1.2 tons of cannabis oil for internal medicinal and scientific use. This substantially reduced number compares to the 2018 quota of 47 tons, which caused euphoria and champagne corks to fly from bottles throughout the LATAM Andes, all the way to Canadian stock exchanges. Colombian and international media (not surprisingly) announced that this new limited quota represented a “fatal blow” to its cannabis industry.
- GlobeNewswire
Wayland Group Confirms Delay in Second Quarter Filings
TORONTO, Aug. 31, 2019 -- Wayland Group Corp. (CSE:WAYL) (“Wayland” or the “Company”) confirmed today that it has been delayed in filing its interim financial statements for.
- GlobeNewswire
Wayland Enters Non-Binding LOI to Sell Canadian Business to Cryptologic Corp.
Obtains Commitment for Cdn$5 million Bridge Loan From Cryptologic Negotiating Second Phase of Transfer of International Business to ICC International Cannabis Corp. Intends.
- Benzinga
From Coffee To Cannabis: Colombian Legislators To Move For Adult-Use Legalization
This is the first of a two-part series on the history of Colombia and its route to cannabis legalization. Colombia is in an extraordinary position. It possesses the fourth largest economy in Latin America.
- GlobeNewswire
Wayland Group Closes Transaction with ICC International Cannabis Corp.
Wayland Group (CSE:WAYL) (75M.F) (MRRCF) (“Wayland” or the “Company”) is pleased to announce that the Company has completed a transaction relating to the sale of a 49.9% interest in Maricann B.V. (“Wayland International”), to ICC International Cannabis Corp. (WRLD-U.CN) (8K51.F) (KNHBF) (“ICC”) pursuant to the terms of an amended and restated transaction agreement and related subscription agreement. Wayland now beneficially owns approximately 246,614,000 shares of ICC representing approximately 37% of the outstanding ICC shares following closing on a fully diluted basis. Under the terms of the agreement, ICC is expected to subsequently acquire a 49.9% interest in the balance of Wayland’s international portfolio of assets and, upon completion of that acquisition, Wayland would beneficially own an aggregate of 300,000,000 ICC shares, representing an ownership interest in ICC of approximately 41.7%.
- GlobeNewswire
Wayland Group provides Clarification on ICC Transaction
The Company understands that ICC International Cannabis Corp. will retract the erroneous announcement on this subject that was made early today. Wayland is a vertically integrated cultivator and processor of cannabis.
- GlobeNewswire
Wayland Group Confirms “BfARM” award for German Cannabis production
DEMECAN is awarded three lots of thirteen total, which makes DEMECAN one of three companies globally to achieve a cannabis license for domestic production in Germany, out of 79 applicants. DEMECAN will now begin production within Wayland’s Ebersbach facility, following completion of upgrades to quality and security systems. Additionally, Wayland GmbH has received its narcotics license from the Bundesopiumstelle, the narcotics division of BfArM.
- Market Realist
How Does Planet 13’s Valuation Multiple Compare with Peers?
Why Planet 13 Stock Fell ~6.8% on May 7(Continued from Prior Part)Valuation multipleThe increase in Planet 13 Holdings (PLTH) (PLNHF) stock price since the beginning of 2019 has led to a rise in its valuation multiple. As of May 7, the company was
- GlobeNewswire
Wayland Addresses Transaction with ICC International Cannabis Corp.
Wayland Group (CSE:WAYL) (75M.F) (MRRCF) (“Wayland” or the “Company”) confirms that any failure-to-file cease trade order (“FFCTO”) derived from the Company’s delay in annual filings will not materially affect the Company’s sale of a 49.9% interest in its international asset and license portfolio to ICC International Cannabis Corp (the “Transaction”). Wayland is of the opinion that the Company’s delay in annual filings will not impede closing timeline of the Transaction. Wayland is a vertically integrated cultivator and processor of cannabis.
- GlobeNewswire
Wayland Group Confirms Delay in Annual Filings; Expects Issuance of Cease Trade Order
Wayland Group Corp. (CSE:WAYL) (75M.F) (MRRCF) (“Wayland” or the “Company”) announced today that it will be delayed in filing its audited annual financial statements for the year ended December 31, 2018, the related management’s discussion and analysis and certificates of its CEO and CFO (collectively, the “Required Filings”) with Canadian securities regulators until after today’s filing deadline. The additional time is required to permit the Company and its auditors, MNP LLP, to complete work and enquiries in connection with the audit of the Company’s 2018 financial statements. The Company and its advisors are working diligently to complete such work and enquiries and the Company intends to make the Required Filings as soon as possible.
- GlobeNewswire
Wayland Group Announces Anticipated Delay in Annual Filings
Wayland Group Corp. (CSE:WAYL) (75M.F) (MRRCF) (“Wayland” or the “Company”) announced today that it anticipates a delay in filing its audited annual financial statements for the year ended December 31, 2018, the related management’s discussion and analysis and certificates of its CEO and CFO (collectively, the “Required Filings”) with Canadian securities regulators until after the April 30, 2019 filing deadline. The additional time is required to permit the Company’s auditors, MNP LLP, to complete its review and enquiries in connection with the audit of the Company’s 2018 financial statements. The Company and its auditors are working diligently, and the Company intends to make the Required Filings as soon as possible and it expects to make these filings by no later than June 14, 2019.
- GlobeNewswire
REPEAT - International Cannabis Signs Definitive Agreement to Acquire 49.9% of International Asset and Licence Portfolio From Wayland Group
ICC International Cannabis Corp. (CSE:WRLD.U)(8K51.F)(WLDCF) ("ICC" or “International Cannabis” the “Company”) is pleased to announce that the Company has signed a definitive agreement to acquire 49.9% of Wayland Group Corp.’s (CSE:WAYL)(75M.F)(MRRCF) (“Wayland”) international asset and license portfolio. Under the terms of the definitive agreement, International Cannabis will issue Wayland 300,000,000 shares in the capital of ICC, representing approximately 38% of the current outstanding ICC shares on a fully diluted basis.
- GlobeNewswire
REPEAT - Wayland Group Signs Definitive Agreement with ICC International Cannabis Corp. to Sell 49.9% of International Business
Wayland Group (CSE:WAYL) (75M.F) (MRRCF) (“Wayland” or the “Company”) is pleased to announce that the Company has signed a definitive agreement to sell a 49.9% interest in Wayland’s international portfolio of assets to ICC International Cannabis Corp. (CSE:WRLD.u) (8K51.F) (WLDCF) (“ICC”). The terms of the definitive agreement are consistent with the Letter of Intent that was announced on January 15, 2019. Wayland will receive 300,000,000 shares of ICC under the agreement, representing approximately 35% of the current outstanding ICC shares on a fully diluted basis. Wayland is also pleased to announce that Matthew McLeod, the current General Counsel and Vice President Operations and Compliance, has been appointed as President effective immediately.
- GlobeNewswire
Wayland Group Signs Definitive Agreement with ICC International Cannabis Corp. to Sell 49.9% of International Business
Wayland Group (CSE:WAYL) (75M.F) (MRRCF) (“Wayland” or the “Company”) is pleased to announce that the Company has signed a definitive agreement to sell a 49.9% interest in Wayland’s international portfolio of assets to ICC International Cannabis Corp. (CSE:WRLD.u) (8K51.F) (WLDCF) (“ICC”). The terms of the definitive agreement are consistent with the Letter of Intent that was announced on January 15, 2019. Wayland will receive 300,000,000 shares of ICC under the agreement, representing approximately 35% of the current outstanding ICC shares on a fully diluted basis. Wayland is also pleased to announce that Matthew McLeod, the current General Counsel and Vice President Operations and Compliance, has been appointed as President effective immediately.
- GlobeNewswire
International Cannabis Signs Definitive Agreement to Acquire 49.9% of International Asset and Licence Portfolio From Wayland Group
ICC International Cannabis Corp. (CSE:WRLD.U)(8K51.F)(WLDCF) ("ICC" or “International Cannabis” the “Company”) is pleased to announce that the Company has signed a definitive agreement to acquire 49.9% of Wayland Group Corp.’s (CSE:WAYL)(75M.F)(MRRCF) (“Wayland”) international asset and license portfolio. Under the terms of the definitive agreement, International Cannabis will issue Wayland 300,000,000 shares in the capital of ICC, representing approximately 38% of the current outstanding ICC shares on a fully diluted basis.
- GlobeNewswire
Wayland Provides Clarification on Recent German Tender Update
Wayland Group (CSE:WAYL) (75M.F) (MRRCF) (“Wayland” or the “Company”) would like to expand on the update that the Company provided to the market on April 17, 2019 with respect to the ongoing process for domestic cultivation of medical cannabis in Germany (“the Update”). The Company would like to clarify that Wayland’s joint venture with DEMECAN GmbH (“DEMECAN”) received a score of 60/60 for quality and 40/40 for pricing in the original tender process from early in 2018. Notwithstanding the challenge to the most current tenders described in the Update, the Company is confident that DEMECAN will be successful, and will be awarded the 3 lots for production.
- GlobeNewswire
Wayland Provides Update on German Tender Process
Wayland Group (CSE:WAYL) (75M.F) (MRRCF) (“Wayland” or the “Company”) would like to address recent reports in the media about the selection process in Germany for domestic medical cannabis cultivation. Wayland, through its joint venture with DEMECAN GmbH (“DEMECAN”), was originally selected by BfArM to receive three licenses to produce medical cannabis in Germany. Wayland’s quality concept received 60 out of 60 points for quality and 40 out of 40 points for price.
- Market Realist
How Does MedMen’s Valuation Multiple Compare with Its Peers?
MedMen Announces Preliminary Q3 Revenues(Continued from Prior Part)Valuation multipleSince the beginning of 2019, MedMen Enterprises (MMEN) (MMNFF) has fallen by 3.6% as of April 12. The decline in MedMen’s stock price has also lowered its
- Market Realist
MedMen Announces Preliminary Q3 Revenues
MedMen Announces Preliminary Q3 RevenuesThird-quarter performance Today, MedMen Enterprises (MMEN) (MMNFF) posted an unaudited revenue of $36.60 million for the third quarter of fiscal 2019, which ended on March 30, 2019. Year-over-year, the
- GlobeNewswire
Wayland Group Announces Facility Drawdown
TORONTO, April 12, 2019 -- Wayland Group (CSE:WAYL) (FRANKFURT: 75M) (OTCQB:MRRCF) (“Wayland” or the “Company”) today announced that it has completed the drawdown of the fifth.
- ACCESSWIRE
Wayland Group is Expanding, Questions, Catalysts, and Hurdles Every Marijuana Stock Investor Should be Considering
NEW YORK, NY / ACCESSWIRE / April 11, 2019 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report on Wayland Group Corp. (MRRCF), a vertically integrated cultivator and processor of cannabis. 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 cannabis cultivation, extraction, formulation, and distribution business under federal licenses from the Government of Canada. Traders News Source has created a comprehensive report on the current state of the cannabis market, including an outlook on where the industry may be headed in 2019.
- GlobeNewswire
Wayland Group Announces Changes to the Board of Directors
Wayland Group Corp. (CSE:WAYL) (75M.F) (MRRCF) (“Wayland” or the “Company”) announces the following change to its Board of Directors. Due to personal reasons, Rudi Hilti has resigned as Director of Wayland Group Corp. Mr. Hilti’s responsibilities at his own commercial and non-commercial enterprises have increased to a level that would compromise his time and effectiveness as a board member of the Company. Wayland would like to thank Rudi for his contributions to the Company and wishes him well in his future endeavors.
- Market Realist
Planet 13 and Wayland Group Posted Strong Performance Last Week
Planet 13 and Wayland Group Posted Strong Performance Last WeekSector performance Last week, the Horizons Marijuana Life Sciences ETF (HMMJ) and the ETFMG Alternative Harvest ETF (MJ) delivered positive returns. Between March 29 and April 5, HMMJ and
