Maricann Group Inc. (CSE:MARI; FWB:75M; OTCQB:MRRCF) is a Canadian licensed cannabis producer that has experienced rapid expansion and diversification as Canada heads towards the opening of its recreational market. In a recent article aimed at investors, Invictus News discussed Maricann’s position in Canada’s cannabis industry, which is slated to become a $22.6 billion market within the next few years as licensed producers continue to develop their production capacity.

The article also provided insight into Maricann’s licensed Langton facility, which is already under construction. The facility covers 217,000 square feet of cultivation and production environments and will have an annual capacity of 36,000 kilograms of cannabis, approximately $180 million in annual revenue. In partnership with Rockwell Automation, Maricann has designed an automated approach to cannabis cultivation, which reduces labour requirements and improves ergonomics. The second phase of construction would add a further 635,000 square feet of grow space, raising annual production capacity to 95,000 kilograms in 2019.

Invictus News also highlighted the company’s work in establishing distribution agreements with the regulatory bodies in Canadian provinces. In Ontario, Maricann has been selected by the Ontario Cannabis Store as a supplier for its on-line store launching in October 2018. Maricann has also entered into supply agreements with Alberta and Manitoba, where it will be supplying up to 3,375 kilograms to the AGLC within the first six months and at least 550 kilograms of various cannabis products to the MBLL. Lastly, in British Columbia, Maricann has signed a memorandum of understanding with the BCLDB to initially supply around 3,622 kilograms of non-medical cannabis.

The company profile is further substantiated by information on how they are developing their global footprint with operations in Germany, Malta and Switzerland; the support from established financial institutions; and the strong management team leading Maricann towards success within a growing cannabis industry.

To read the full article, click here.

Click here to connect with Maricann Group Inc. (CSE:MARI; FWB:75M; OTCQB:MRRCF) for an investor presentation.

The Israeli cannabis market is picking up with a new supply deal from a Canadian producer.

Also this week, new data showed sales of Canadian cannabis edible products may be stalling.

Keep reading... Show less

The Israeli cannabis market is picking up as a Canadian producer announced a new supply deal in the country.

Also this week it was shown the sales of Canadian cannabis edible products may be stalling, according to new data.

Keep reading... Show less

The Portnoy Law Firm advises investors that class action lawsuits have been filed on behalf of investors in the following publicly traded companies. Shareholders interested in taking an active role in these cases have until the deadlines indicated below to petition the court. There is no cost or obligation to you. See below for more information on these cases.

Credit Acceptance Corporation investors (NASDAQ: CACC); December 1, 2020 deadline, click here to join .

Keep reading... Show less
  • On November 19 , the Mexican Senate passed comprehensive adult-use cannabis legalization, moving Mexico towards becoming one of the few countries to legalize cannabis nationally
  • On March 31, 2020 , the Company entered into an agreement with Tecnologico de Monterrey , the leading university in Mexico , to educate physicians across Latin America , in advance of the impending regulations in Mexico
  • To date, close to 550 LatAm physicians have obtained their diploma accrediting completion of Khiron’s medical education program
  • The Company plans to deploy its ZereniaTM medical cannabis clinics and telehealth strategy in Mexico , building on the success of its vertical integration strategy in Colombia
  • Expanding the Zerenia clinic strategy will build on the Company’s Colombia knowledge and proven distribution capabilities, with rapid telehealth service adoption and over 5,600 medical cannabis scripts filled to date
  • Mexico represents one of the largest potential markets for medical cannabis in the world and is anticipated to reach $1.2bn USD by 2028 (Prohibition Partners).
  • Company to release Q3 2020 financials and host webcast on Tuesday, December 1st

Khiron Life Sciences Corp. (“Khiron” or the “Company”) (TSXV: KHRN ), (OTCQX: KHRNF), ( Frankfurt : A2JMZC), a vertically integrated cannabis leader with core operations in Latin America and Europe welcomes the passing of adult-use cannabis legislation by the Mexican Senate, which moves the country closer to a legalized cannabis market, and towards provision for medical cannabis products.  Khiron has had a presence in Mexico since 2018 and has been working with doctors and medical institutions to develop a deep understanding of the market.

Keep reading... Show less

Recap of special management call includes upcoming corporate milestones and details of proposed combination with established beverage manufacturer

Emerging leader in infused cannabis beverages, BevCanna Enterprises Inc. (CSE:BEV, OTCQB:BVNNF, FSE:7BC) (“BevCanna” or the “Company”) is pleased to provide a recorded recap of the special management call held on Tuesday November 24, 2020. The call discussed upcoming corporate milestones and reviewed recent developments at the developer and manufacturer of cannabinoid‐infused beverages and consumer products for in‐house brands and white label clients.

Keep reading... Show less