TORONTO, Nov. 07, 2018 (GLOBE NEWSWIRE) — Wayland Group (CSE:WAYL) (FRANKFURT: 75M) (OTCQB:MRRCF) (“Wayland” or the “Company”) is pleased to welcome Mr. Clay Horner and Mr. Rudolph (Rudi) Hilti to the board, which will strengthen and improve corporate governance, global strategy, finance, and M&A expertise. These latest appointments demonstrate management’s continued commitment to ensuring measured growth of Wayland Group’s global expansion and to fill vacancies left on the board earlier this year. Additionally, Paul Pathak has now been appointed Chairman of the Board.
Clay’s unmatched experience in acquisitions and unique ability to unlock shareholder value provides Wayland with a strategic advantage as we build a truly global business. Rudi brings a unique perspective as a global citizen, from Lichtenstein, with a passion for global transformation through sustainable solutions.
Ben Ward, CEO
Clay Horner is a principal of HBH Strategic Advisors which consults on significant business and corporate matters for several large private equity firms and domestic and international corporations. Until February 2018, Clay was a senior partner of law firm Osler, Hoskin& Harcourt LLP. His practice included many of Canada’s most significant M&A transactions with an aggregate value in excess of $300 billion over the past 25 years, including landmark Canadian transactions and cross border transactions with the United States, the United Kingdom, France, Germany, Italy, China, Russia and South Africa. He was the Chairman of Osler and Chairman of the Business Law Department for almost two decades. In 2011, he was named one of the 15 most influential M&A lawyers in the world by the International Bar Association. He has a BA from Queens University, an LLB from the University of Toronto Law School and an LLM from the Harvard Law School.
Rudi Hilti is an entrepreneur and a visionary from the Principality of Liechtenstein, a German speaking microstate in Central Europe. Rudi is a global citizen, a responsible optimist and a change maker who invests his financial and emotional resources exclusively into passion projects that help to make the world a sustainable and better place genuinely. Rudi’s experience includes co-founding of the HUS Institute, a global think tank and Deals Advisory with Price Waterhouse Coopers, Zurich. Rudi holds a Master of Finance and Accounting from HSG in Switzerland.
“There are multiple reasons why humanity should foster the rehabilitation of cannabis as a resource. I’m passionate about system change and sustainable solutions, I am very excited to join the Wayland journey.” Stated Mr. Hilti.
Maricann Group Inc., through its subsidiaries, is operating under the Wayland Group name. For further details see the press release dated September 24, 2018.
About Wayland Group
Wayland is a vertically integrated cultivator and processor of cannabis. 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 cannabis cultivation, extraction, formulation, and distribution business under federal licenses from the Government of Canada. The Company also has production operations in Dresden, Saxony, Germany and Regensdorf, Switzerland. Wayland is currently undertaking an expansion of its cultivation and support facilities in Canada and will continue to pursue new opportunities globally.