Wayland Group (MRRCF)

[PotterBanker]

Canadian Investors Are Missing the 52.6 Billion European Opportunity

https://globenewswire.com/news-release/2018/09/06/1566475/0/en/Canadian-Investors-Are-Missing-the-52-6-Billion-European-Opportunity-CFN-Media.html

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. While many licensed producers are focused on meeting this domestic demand, investors are starting to realize that an even bigger opportunity is brewing in Europe—an emerging €52.6 billion opportunity with few established players.

Maricann Group Inc.’s (CSE: MARI) growing footprint in Germany, Switzerland, Malta, and Italy makes 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.