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Alias Born 11/06/2017

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Tuesday, 11/14/2017 4:21:28 AM

Tuesday, November 14, 2017 4:21:28 AM

Post# of 650
$42,500,000 Non-Dilutive Financing for Further German Expansion

“The Ebersbach facility offers Maricann a significant advantage in cost of overall construction and speed to market. The infrastructure for cultivation of cannabis in an indoor secured environment is already in place. We simply need to add the fertigation system, lights and benches for growing, and then can be operational. Our competitors are spending north of $70,000,000 CAD for facilities with less than 1/3 the footprint of our Ebersbach location. To construct a similar facility today, the estimated cost would be over 120 million EUR. Maricann entered into a reservation agreement to purchase the facility for a total price of 3,410,000 EUR at closing,” said Benjamin Ward, CEO.




Maricann poised well for green future


do your own DD
my statements are mho!