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.
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World High Life Plc (“World High Life” or the “Company”)(AQSE:LIFE) (OTCQB:WRHLF), is pleased to announce that it has appointed H&P Advisory Limited (“Hannam & Partners”) as financial advisor to the Company with immediate effect
About Love Hemp
Green Thumb Industries Inc. (Green Thumb) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of Rise™ retail stores, today announced that its executive team will participate in the following conference in March 2021:
Needham 2 nd Annual Virtual Cannabis Conference, March 3, 2021: Management will participate in one-on-one meetings.
Meanwhile, two longstanding cannabis partners ended their relationship.
Trulieve to donate $20,000 in scholarship funding and $15,000 to support leadership development
Trulieve Cannabis Corp . (CSE: TRUL) (OTC: TCNNF), a leading and top-performing cannabis company in the United States today announced a new partnership with the Thurgood Marshall College Fund (TMCF), the nation’s largest organization exclusively representing the Black College Community. Trulieve will donate $20,000 to help fund several college scholarships awarded to students who are attending one of the organization’s member-schools as part of Trulieve’s diversity, equity, and inclusion initiatives. The $15,000 in talent funding is earmarked to support TMCF’s internship program, reaching a diverse talent pool of students and alumni from their 47 member-schools to provide immersive experiences at Trulieve.
The new dispensary expands patient access to Florida’s largest inventory of medical cannabis products
Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) (“Trulieve” or “the Company”), a leading and top-performing cannabis company based in the United States announced today the opening of a brand-new Florida dispensary, the Company’s 80th nationwide. The new location marks the Company’s first in Tamarac and third in Broward County expanding patient access to Florida’s largest and broadest assortment of high-quality medical cannabis products.