TORONTO, Aug. 21, 2018 (GLOBE NEWSWIRE) — Maricann Group Inc. (CSE:MARI)(FRANKFURT:75M)(OTCQB:MRRCF)(“Maricann” or the “Company) is pleased to announce that the Company has been selected by The Ontario Cannabis Store (“OCS”) to supply a variety of safe, high quality cannabis products through its online store launching October 17, 2018.
Maricann will supply 37 listings with a wide range of sizes, formats and strains. The Company is committed to supporting the Ontario economy, with state-of-the-art low cost, high efficiency facilities based in Langton, Ontario. Maricann has invested over $100MM into south western Ontario with near term plans for further expansion.
Today’s announcement marks Maricann’s fourth provincial supply contract, cementing its position as a bona fide national player in Canada’s recreational cannabis market. Maricann proudly looks forward to serving Ontarians through the OCS ecommerce platform on October 17, 2018, and in the near future with private retailers.
This is an exciting milestone for our team and positions us for success in the coming months as we ready to launch our unique strains and technology in Canada.
Ben Ward, CEO, Maricann Group Inc
We’re proud to call Ontario home with our world class purpose built facility in Langton, Ontario, and we look forward to creating more growth and opportunity now with the OCS.
About Maricann Group Inc.
Maricann is a vertically integrated producer and distributor of marijuana for medical purposes. The company was founded in 2013 and is based in Burlington, Ontario, Canada and Munich, Germany, with production facilities in Langton, Ontario where it operates a medicinal cannabis cultivation, extraction, formulation and distribution business under federal licence from the Government of Canada. The Company also has production operations in Dresden, Saxony, Germany and Regensdorf, Switzerland. Maricann is currently undertaking an expansion of its cultivation and support facilities in Canada to 942,000 sq. ft. (87,515 sq. m) and will continue to pursue new opportunities in Europe.