Wayland Group (MRRCF)

[PotterBanker]

Maricann Reports Q2 Financial Results

https://globenewswire.com/news-release/2018/08/24/1556575/0/en/Maricann-Reports-Q2-Financial-Results.html

TORONTO, Aug. 24, 2018 (GLOBE NEWSWIRE) -- Maricann Group Inc. (CSE:MARI)(FRANKFURT: 75M)(OTCQB:MRRCF)(“Maricann” or the “Company”) has reported its financial and operating results for the first quarter ended June 30, 2018. All figures are stated in Canadian Dollars.

“We have achieved significant supply agreements with a number of provinces to supply our cannabis products which is expected to transform into shareholder value with compelling revenue in Q4 2018, 2019 and beyond. 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.