Maricann Archives

William SumnerJune 1, 2018

On May 30, 2018, Maricann Group Inc. announced the filing of its financial results for the quarter ending on March 31, 2018. It was a tough quarter for the company as profits took a precipitous tumble from $1,143,167 in Q1 of 2017 to $600,591 for Q1 of 2018. The steep decline in revenue was due […]

Debra BorchardtApril 23, 2018

Aphria Inc. (APHQF) announced that its subsidiary, Broken Coast Cannabis received a license amendment from Health Canada that provides Broken Coast with an additional 18,000 square feet of production space as part of its Phase III expansion, bringing total production space to 44,000 square feet. As a result of the amendment, Broken Coast’s production capacity […]

StaffApril 16, 2018

This is your Daily Hit of cannabis news for April 16, 2018: On The Site Medicine Man Technologies Medicine Man Technologies (MDCL) announced today the preliminary financial resultsfor the quarter ending on March 31, 2018, and provided an update to shareholders on recent client activity. The company reported approximately $1.2 million in revenue for the quarter, a 122% […]

William SumnerApril 13, 2018

As Canada gears up for recreational cannabis sales, which is set to launch later this summer, cannabis firms in the country are already looking for new markets to expand into. One market that has garnered particular attention from Canadian cannabis companies in Europe. Although cannabis is not uniformly legal across Europe, many countries such as […]

StaffMarch 23, 2018

Here are the day’s cannabis news briefs for March 23, 2018. A spending bill passed by Congress early Friday contains language that renews restrictions on the use of federal funds to interfere with state medical marijuana programs. While the president made it sound like he wouldn’t sign the bill, the latest news is that he does intend […]

Debra BorchardtDecember 1, 2017

Maricann Group Inc. (OTCQB: MRRCF) reported its earnings and yet the company didn’t say anything in the press release about the revenues from the quarter and instead said that “results were consistent with expectations” and revenue was expected to increase in 2018. This is always a big red flag when investors have to hunt and search for […]

StaffNovember 8, 2017

Maricann Group Inc. (MRRCF) announced that Health Canada has granted it a new license that will allow the company to increase capacity to 6,250,000 grams on site at any one time. The annual production limits were approved for medical cannabis products in Maricann’s current Langton, Ontario facility. This new license represents an increase of over 480% of […]

Debra BorchardtOctober 6, 2017

It’s been a big couple of weeks for Julian Marley’s company JuJu Royal (CSE: JUJU). The company announced earlier this week that it was teaming up with G FarmaBrands for distribution. G Farma’s subsidiary Finka Distributors will have the chance to get the JuJu Royal cannabis products into the company’s 1,000 dispensary’s it works with. […]

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Tag: Maricann

Maricann Group Posts Q1 Financial Results; Revenue Drops by Nearly Half

Broken Coast, Maricann Expand Cannabis Production, But Is It Too Much?

The Daily Hit: April 16, 2018

Canadian Cannabis Companies Turn Their Eye Towards Europe

The Daily Hit: Today’s Cannabis Briefs

Maricann Reports Falling Revenue, Rising Losses

Maricann Receives License To Increase Production By 480%

Maricann Makes Deal With Julian Marley’s JuJu Royal

The Daily Hit - TEST TEST TEST

Lykos Therapeutics Secures $100M in Series A Funding, Rebrands from MAPS PBC

Functional Mushrooms Move Into Mainstream as Wellness Trend Grows

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