MRRCF - Maricann Group Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
1.2799
-0.0701 (-5.19%)
At close: 3:59PM EDT
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Previous Close1.3500
Open1.3500
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range1.2700 - 1.3995
52 Week Range0.9500 - 3.6000
Volume242,637
Avg. Volume277,169
Market Cap179.574M
Beta (3Y Monthly)-14.90
PE Ratio (TTM)N/A
EPS (TTM)-0.2700
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • GlobeNewswire4 days ago

    Wayland Reports Harvest Results from Mariplant GmbH

    Wayland Group (CSE:WAYL) (75M.F) (MRRCF) (“Wayland” or the “Company“) is pleased to provide the following update regarding the Company’s hemp operations in Germany. Wayland has completed its hemp harvest in Germany, harvesting 135 of the 165 hectares planted.  The amount of dry hemp flowers recovered and suitable for processing into resin totaled 120,615 kg, outperforming internal forecasts by a factor of almost two. The Company expects to maintain stock for its differentiated VESIsorb® product line available at www.mariplant.de.

  • GlobeNewswire4 days ago

    Wayland Releases Portfolio of Brands & Receives Sales License from Health Canada for Expansion Site

    Wayland Group (CSE:WAYL) (75M.F) (MRRCF) (“Wayland” or the “Company“) is excited to announce the release of its portfolio of brands that cater to different ages, genders, and occasions. The Company’s extensive research created a portfolio of brands, each designed to address segments of the cannabis market both present and future.  Strategically using each of these brands, Wayland gave itself the ability to be present and relevant to consumers. “The advent of recreational cannabis legalization in Canada is truly a watershed moment for Canadians.

  • GlobeNewswire6 days ago

    REPEAT - Wayland Signs Minimum 9,000 kilograms Supply Agreement with Cannamedical for Export of Product from Canada to Germany

    Wayland Group (CSE:WAYL) (75M.F) (MRRCF) (“Wayland” or the “Company) is pleased to announce that it has entered into an agreement to supply Cannamedical Pharma GmbH, a licensed, privately owned importer and distributor of cannabis in Germany to over 2,200 pharmacies with a minimum of 9,000 kilograms of EU-GMP certified cannabis flowers over a three year term. “The decision we made in early 2017 to move to EU-GMP standards for all production, including cannabis flowers, followed by certification in the spring of this year by the German Health Authorities, provides the Company with the opportunity to move a significant amount of product, in this case 9,000 kilograms to Germany. “We are pleased to enter into this agreement with Wayland.

  • GlobeNewswire7 days ago

    Wayland Signs Minimum 9,000 kilograms Supply Agreement with Cannamedical for Export of Product from Canada to Germany

    Wayland Group (CSE:WAYL) (75M.F) (MRRCF) (“Wayland” or the “Company) is pleased to announce that it has entered into an agreement to supply Cannamedical Pharma GmbH, a licensed, privately owned importer and distributor of cannabis in Germany to over 2,200 pharmacies with a minimum of 9,000 kilograms of EU-GMP certified cannabis flowers over a three year term. “The decision we made in early 2017 to move to EU-GMP standards for all production, including cannabis flowers, followed by certification in the spring of this year by the German Health Authorities, provides the Company with the opportunity to move a significant amount of product, in this case 9,000 kilograms to Germany. “We are pleased to enter into this agreement with Wayland.

  • GlobeNewswire9 days ago

    Wayland Group Comments on Recent Promotional Market Activity

    Wayland Group (CSE:WAYL) (75M.F) (MRRCF) (“Wayland” or the “Company”) wishes to make the following statements regarding recent market activity in its common shares traded on the OTCQB marketplace. The Company has been asked to issue this release by OTC Markets to comment on certain continued promotional activities beginning on or around October 1, 2018.  The Company became aware of certain continued promotional activity relating to its securities on October 8, 2018 upon receipt of correspondence from OTC Markets specifically related to certain promotional literature encouraging investors to purchase the Company's common shares and making certain statements regarding the potential returns on such investment, including certain promotional newsletter emails.

  • CNW Group10 days ago

    Wayland Group Announces $50 million Bought Deal Financing

    TORONTO , Oct. 11, 2018 /CNW/ - Wayland Group (WAYL.CN) (75M.F) (MRRCF) ("Wayland" or the "Company") announced today that it has entered into an agreement with a syndicate of underwriters led by Canaccord Genuity Corp. (the "Lead Underwriter" and, collectively with the syndicate, the "Underwriters"), pursuant to which the Underwriters will purchase, on a bought deal basis pursuant to the filing of a short form prospectus, an aggregate of 30,350,000 units (the "Units") of the Company at a price of $1.65 per Unit (the "Offering Price") for aggregate gross proceeds of $50,077,500 (the "Offering"). Each Unit will consist of one common share (a "Common Share") and one-half of one common share purchase warrant (each full common share purchase warrant, a "Warrant") of the Company.

  • GlobeNewswire11 days ago

    Wayland successfully exports THC distillate from Canada to Switzerland

    The Company has developed the process for distillation of cannabis resin for future commercial production of purified cannabis concentrates and their use in various cannabis products.  Extraction and distillation was completed at Wayland’s facilities in Langton Ontario, Canada. “This is the second country where we have successfully exported cannabis products from Canada, first to Germany and now to Switzerland.

  • GlobeNewswire18 days ago

    Wayland launches Medical Cannabis Professional Education Program for Pharmacists

    The Company has identified that pharmacists are the most accessible and one of the most trusted health professionals in the Canadian healthcare system which makes them a critical component in the provision of patient care. In cooperation with the Company’s joint venture pharmacy partners, Wayland developed cannabis education programs, including this comprehensive online education platform to raise the standard of care across Canada.

  • GlobeNewswire19 days ago

    Wayland Announces Filing of Final Short Form Prospectus in Connection with Special Warrant Offering

    Wayland Group (CSE:WAYL) (75M.F) (MRRCF) (“Wayland” or the “Company") is pleased to announce that it has filed a final short form prospectus (“Prospectus”) in each of the provinces of British Columbia, Alberta and Ontario to qualify the distribution of 23,376,100 units of the Company (“Units”) and the common shares and warrants underlying such Units issuable for no additional consideration upon the exercise or deemed exercise of 23,376,100 special warrants of the Company (“Special Warrants”). The Special Warrants were issued in connection with the previously announced private placement offering (the “Offering”) which closed on August 10, 2018.

  • GlobeNewswire24 days ago

    Wayland Announces Plans for First Retail Location in Zurich, Switzerland

    Wayland Group (CSE:WAYL) (75M.F) (MRRCF) (“Wayland” or the “Company) is pleased to announce that the Company will open its first retail location in Zurich, Switzerland in 2019 - serving the market with high quality cannabis products that contain a maximum THC content of 1 percent. This opportunity comes on the heels of the Company’s strategic acquisition of Haxxon AG (“Haxxon”) in May 2018, granting Wayland the opportunity to leverage Haxxon’s production facilities in Regensdorf, Switzerland, and their production of feminized high CBD cannabis plants.

  • GlobeNewswire27 days ago

    MARICANN GROUP INC. Announces Intent to Change Name to Wayland Group Corporation

    Maricann Group Inc. (CSE:MARI) (MRRCF) (75M.F) (“Maricann” or the "Company") today announced that it intends to change its name to Wayland Group Corp. In the interim, the Company expects to commence operating through its subsidiaries under the business name “Wayland Group”. In anticipation of the proposed name change, the Company has also announced that, effective September 25, 2018, its ticker symbol on the Canadian Securities Exchange will be “WAYL”. The corporate renaming to Wayland Group supports the Company’s ongoing global expansion and development of both medical and non-medical consumer brands.

  • GlobeNewswirelast month

    REPEAT - Maricann Launches Kiwi - Simplifying Cannabis for Recreational Consumers

    Maricann Group Inc. (CSE:MARI) (75M.F) (MRRCF) (the "Company") through its wholly-owned subsidiary Maricann Inc. proudly announces the launch of Kiwi - a straightforward, modern approach to cannabis and the first from the Company’s House of Brands - available to Canadian consumers of legal age on October 17, 2018. Maricann is launching Kiwi as a brand designed to help Canadians learn and experience the product in a straightforward, simple and “jargon-free” way. Rather than launching with technical strains that might confuse new consumers, Kiwi will debut four variants that are easy to follow, regardless of background or expertise.

  • Maricann Launches Kiwi - Simplifying Cannabis for Recreational Consumers
    CNW Grouplast month

    Maricann Launches Kiwi - Simplifying Cannabis for Recreational Consumers

    TORONTO , Sept. 17, 2018 /CNW/ - Maricann Group Inc. (MARI.CN) (75M.F) (MRRCF) (the "Company") through its wholly-owned subsidiary Maricann Inc. proudly announces the launch of Kiwi - a straightforward, modern approach to cannabis and the first from the Company's House of Brands - available to Canadian consumers of legal age on October 17, 2018 . Maricann is launching Kiwi as a brand designed to help Canadians learn and experience the product in a straightforward, simple and "jargon-free" way. Rather than launching with technical strains that might confuse new consumers, Kiwi will debut four variants that are easy to follow, regardless of background or expertise.

  • GlobeNewswirelast month

    Maricann Launches Kiwi - Simplifying Cannabis for Recreational Consumers

    Maricann Group Inc. (CSE:MARI) (75M.F) (MRRCF) (the "Company") through its wholly-owned subsidiary Maricann Inc. proudly announces the launch of Kiwi - a straightforward, modern approach to cannabis and the first from the Company’s House of Brands - available to Canadian consumers of legal age on October 17, 2018. Maricann is launching Kiwi as a brand designed to help Canadians learn and experience the product in a straightforward, simple and “jargon-free” way. Rather than launching with technical strains that might confuse new consumers, Kiwi will debut four variants that are easy to follow, regardless of background or expertise.

  • GlobeNewswirelast month

    Maricann announces shipment of CBD Capsules in Germany

    Maricann Group Inc. (CSE:MARI) (75M.F) (MRRCF) (“Maricann” or the “Company) is pleased to announce its first shipment of Mariplant CBD capsules to German pharmacies. On September 12th, 2018 Maricann shipped the first batch of Mariplant CBD capsules to be sold in Munich and the Greater Munich region followed by a shipment on September 14th, 2018 to the Greater Cologne region. The delivery of this initial order of Mariplant CBD capsules marks the next step in Maricann’s European strategy to supply quality, differentiated products to European markets.

  • Global Cannabis Partnership Welcomes New Members
    CNW Grouplast month

    Global Cannabis Partnership Welcomes New Members

    SAINT JOHN, NB , Sept. 13, 2018 /CNW/ - Momentum continues to build for the establishment of a Responsible Cannabis Framework as eight more organizations join the Global Cannabis Partnership (GCP), in its newly opened Member category. "We expect membership to expand as more and more stakeholders recognize the necessity of social responsibility policies and programs and want to be at the table to collaborate," says Kim Wilson , Executive Director of the GCP.

  • Global Cannabis Partnership Welcomes New Members
    PR Newswirelast month

    Global Cannabis Partnership Welcomes New Members

    SAINT JOHN, NB, Sept. 13, 2018 /PRNewswire/ - Momentum continues to build for the establishment of a Responsible Cannabis Framework as eight more organizations join the Global Cannabis Partnership (GCP), in its newly opened Member category. "We expect membership to expand as more and more stakeholders recognize the necessity of social responsibility policies and programs and want to be at the table to collaborate," says Kim Wilson, Executive Director of the GCP.

  • GlobeNewswirelast month

    Maricann Group Inc. Comments on Recent Market Activity

    Maricann Group Inc. (CSE:MARI) (75M.F) (MRRCF) (“Maricann” or the “Company") wishes to make the following statements regarding recent market activity in its common shares traded on the OTCQB marketplace. The Company became aware of certain promotional activity on its securities on September 4, 2018 upon receipt of correspondence from OTC Markets specifically related to certain promotional literature encouraging investors to purchase the Company's common shares and making certain statements regarding the potential returns on such investment, including certain promotional newsletter emails. Until being informed by OTC Markets of the promotional material, the Company was unaware of the promotional activity and remains unaware of the full nature of the promotional activity and the extent of the dissemination.

  • GlobeNewswirelast month

    Canadian Investors Are Missing the 52.6 Billion European Opportunity -- CFN Media

    SEATTLE, WA, Sept. 06, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE - CFN Media Group (“CFN Media”), the leading agency and financial media network dedicated to the North American cannabis industry, announces publication of an article discussing Maricann Group Inc.’s (CSE:MARI) (CNSX:MARI) (MARI.CN) (MRRCF) growing footprint in Germany, Switzerland, Malta, and Italy making it one of the most promising opportunities in the space. With a modest C$268.5 million market capitalization, the market appears to have discounted its European operations that could both diversify and grow its revenue far beyond the Canadian market. The Canadian cannabis industry is projected to reach C$22.6 billion over the coming years, according to Deloitte, driven by the legalization of recreational cannabis in October of this year.

  • Zacks Small Cap Research2 months ago

    MRRCF: Growing Canadian Medical Marijuana Company Targets European Expansion

    Founded in 2013, the company has production facilities in Ontario, Canada, where it operates a medicinal cannabis business under a license from the Canadian government. The company believes its Ontario plant is a low-cost high-efficiency facility. The company has also implemented automation to constrain labor costs at this site.

  • GlobeNewswire2 months ago

    Maricann Enters into Non-Binding Term Sheet for Strategic Joint Venture in Italy

    Maricann Group Inc. (CSE:MARI)(75M.F)(MRRCF) (“Maricann” or the “Company) is pleased to announce that it has entered into a non-binding term sheet to form a strategic joint venture with San Martino S.S. (“San Martino”), a large scale agricultural company in the Piedmont Region of Italy, founded by Milan businessman Umberto Signorini. Pursuant to the proposed joint venture Maricann and San Martino will develop a centre of excellence for cannabis products, in conjunction with the University of Eastern Piedmont, initially producing high CBD content for the medical market, and then ultimately THC product for the European market. The formation of the joint venture remains subject to due diligence and the negotiation and execution of definitive documentation.

  • GlobeNewswire2 months ago

    Maricann Reports Q2 Financial Results

    Maricann Group Inc. (CSE:MARI)(75M.F)(MRRCF)(“Maricann” or the “Company”) has reported its financial and operating results for the first quarter ended June 30, 2018. As previously disclosed, the Company has reserved product for the recreational market commencing October 17th and its pharmacy joint initiative commencing October 1st. The Company made the conscious decision to preserve inventory to meet demand for these strategic long-term sales channels,” commented Ben Ward CEO of Maricann. Received Health Canada approval for cultivation in our state-of the-art, purpose built cannabis grow facility based in Langton, Ontario.

  • GlobeNewswire2 months ago

    Maricann Announces Filing of Preliminary Prospectus in connection with Special Warrant Offering

    As previously disclosed, consistent with the high level of activity in the sector, the Company under the direction of the special committee of the board of directors has discussed various potential strategic transactions.  In the course of these discussions, the Company has received proposals from potential interested parties and certain of these parties have conducted due diligence in respect of the Company. The Company has not received any proposals respecting potential strategic transactions that it has determined to be acceptable and it is not currently in active discussions concerning any potential strategic transactions.  Maricann intends to continue to monitor industry developments and may have further discussions in respect of potential strategic transactions in the future, but the Company can offer no assurance that any transaction would result from any such future discussions.

  • GlobeNewswire2 months ago

    REPEAT: Maricann’s German Hemp Harvest is Yielding Results – CBD Production

    Maricann Group Inc. (CSE:MARI) (75M.F) (MRRCF) (“Maricann” or the “Company) is pleased to provide an update to the market regarding the Company’s hemp operations in Germany. On August 3rd, 2018, Maricann’s European nutraceutical subsidiary MariPlant, commenced the harvest of approximately 165 hectares (~405 acres) of hemp. The Company planted five approved cultivars included in the European Union list of approved hemp.

  • GlobeNewswire2 months ago

    Maricann’s German Hemp Harvest is Yielding Results – CBD Production

    Maricann Group Inc. (CSE:MARI) (75M.F) (MRRCF) (“Maricann” or the “Company) is pleased to provide an update to the market regarding the Company’s hemp operations in Germany. On August 3rd, 2018, Maricann’s European nutraceutical subsidiary MariPlant, commenced the harvest of approximately 165 hectares (~405 acres) of hemp. The Company planted five approved cultivars included in the European Union list of approved hemp.