Maricann Announces Phase One of Its Canadian Expansion is Ready to Grow Ahead of Schedule

TORONTO, March 23, 2018 (GLOBE NEWSWIRE) — Maricann Group Inc. (CSE:MARI) (FRANKFURT:75M) (OTCQB:MRRCF) (“Maricann” or the “Company”), is pleased to announce that on March 20, 2018 the Company received an occupancy permit from Norfolk County for Phase One of its new grow facility in Langton, Ontario. The Company is now ready to begin cultivation in its Canadian expansion subject to receipt of Health Canada approval.  Phase One is expected to increase the Company’s annual growing capacity to 25,000 kg of dry cannabis flower per year. Phase One is the first 217,000 square feet of a planned 942,000 square foot facility.

 We continue progress, executing against our strategy, ahead of the published deliverable date. Occupancy of our new Langton facility granted by Norfolk County is a demonstration of our continued commitment to all aspects of our business.

Ben Ward, CEO

We would like to thank Jeff Ayotte, our VP Infrastructure and his team for delivering the first section of our expansion, ready to produce and move into this next life cycle of the Company.

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, Canada where it operates a medicinal cannabis cultivation, extraction, formulation and distribution business under federal licence from the Government of Canada, and Dresden, Saxony, Germany. Maricann is currently undertaking an expansion of its cultivation and support facilities in Canada in a 942,000 sq. ft. (87,515 sq. m) build out, capable of producing 95,000 kg of dry cannabis flower per year to support existing and future patient growth.

For more information about Maricann, please visit our website at www.maricann.com

The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release.

Original press release

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