Maricann Workforce, Inc. Positive aspects Publicity to TSX with Checklist on Horizons Marijuana Lifestyles Sciences Index ETF – Press Unlock



TORONTO, Ontario, June 20, 2017 (GLOBE NEWSWIRE) — Maricann Workforce Inc. (CSE:MARI) (“Maricann” or the “Corporate”) a low price, greenhouse manufacturer of clinical hashish with marketplace main technological differentiation, is proud to announce that it’s been added to the Horizons Marijuana Lifestyles Sciences Index ETF (TSX:HMMJ). The corporate used to be decided on to sign up for the hashish business’s premier ETF because of its endured robust efficiency within the aggressive Canadian hashish panorama, in addition to having confirmed to fulfill the Index’s required asset and liquidity thresholds.

“Maricann Workforce is a growth-oriented corporate in an increasing and thrilling sector,” stated Ben Ward, CEO of Maricann. “We are happy to be incorporated within the Horizon Marijuana Lifestyles Sciences Index ETF (HMMJ), giving us greater publicity to traders in the course of the ETF’s TSX list.”

Debuting at the Toronto Inventory Change on April fiveth, 2017, HMMJ is the primary exchange-traded fund that may be offering traders direct publicity to North American-listed shares which are concerned with biopharmaceuticals, clinical production, distribution, bio-products, and different companies ancillary to the marijuana business. Maricann joins the gang of 20 shares tracked through the HMMJ ETF.  

“We’re assured that our inclusion will end up really helpful to each the Corporate and ETF alike,” stated Ward. “Maricann has a completely funded enlargement into Germany underway, with the infrastructure for cultivation of hashish in an indoor secured surroundings already in position. Germany is our gateway into all of Europe, and as hashish legalization continues to brush in the course of the continent, we can be effectively poised to develop our Eu presence.”

This milestone follows Maricann’s announcement of world enlargement, after securing $42,500,000 in non-dilutive financing to additional enlarge their operation into Germany. Maricann is slated to supply 40,000 kilograms of hashish according to yr throughout 150,000 sq. ft inside of their new GMP-compliant, clean-room cultivation facility in Dresden. With the opportunity of 820,000 sq. ft of clean-room cultivation on this facility, Maricann can building up manufacturing and scale functions in Europe’s biggest marketplace for clinical hashish.  

For more info in regards to the HMMJ ETF, together with the whole record of securities and the index method, talk over with the HMMJ ETF web site at www.horizonsetfs.com/ETF/HMMJ.

About Maricann Workforce Inc. 

Maricann is a vertically built-in manufacturer and distributor of marijuana for clinical functions. The corporate used to be based in 2013 and is primarily based in Langton, Ontario, the place it operates a medicinal hashish cultivation, extraction and distribution industry beneath federal licence from the Govt of Canada. Maricann, which has federal licences to domesticate, procedure and distribute hashish, services and products a affected person base with greater than eight,000 overall registered sufferers since inception. Maricann is lately enterprise a spread of its cultivation and fortify amenities in Canada in a completely funded 217,000 sq. toes. (20,159 sq. m), to fortify present and long run affected person development. Maricann GmbH is a 95% owned subsidiary of Maricann Netherlands BV, a 100% wholly owned subsidiary of Maricann Workforce Inc.

Maricann Milestones

  • April 2013, Maricann Inc. is based in Langton, Ontario, a well-established agricultural area in southwestern Ontario
  • March 2014, Maricann Inc. obtains its Well being Canada licence to domesticate crops
  • December 2014, Maricann Inc. obtains its Well being Canada licence to promote dried hashish
  • January 2015, first dried hashish sale
  • September 2016, Maricann Inc. earns its Well being Canada licence to promote hashish extracts
  • October 2016, first sale of extracted hashish
  • December 2016, Maricann Inc. raises $22.five million in personal capital
  • January 2017, commences sale of clones
  • February 2017, Maricann Inc. raises $10 million in personal capital
  • April 24, 2017, Maricann Workforce, Inc. first day of buying and selling at the CSE
  • April 28, 2017, declares Advisory Board of German subsidiary
  • Would possibly four, 2017, Maricann Workforce, Inc. secures $42,500,000 non-dilutive financing for additional German enlargement
  • Would possibly 24, 2017, breaks floor on enlargement of cultivation facility in Langton, Ontario
  • June 12, 2017, Maricann Workforce, Inc. indexed on HMMJ ETF

For more info about Maricann please talk over with our web site at www.maricann.ca

Ahead Taking a look Data
The Canadian Securities Change has neither licensed nor disapproved the contents of this information free up. This information free up comprises positive forward-looking statements that replicate the present perspectives and/or expectancies of control with recognize to efficiency, industry and long run occasions, together with however now not restricted to specific or implied statements and assumptions in regards to the Corporate’s industry and operations. Ahead-looking statements are in line with the then-current expectancies, ideals, assumptions, estimates and forecasts in regards to the industry and the business and markets by which the Corporate operates. Ahead-looking statements aren’t promises of long run efficiency and contain dangers, uncertainties and assumptions which can be tricky to expect. Accordingly, readers must now not position undue reliance on forward-looking statements and data, which can be certified of their entirety through this cautionary observation. The Corporate does now not adopt any duties to free up publicly any revisions for updating any voluntary forward-looking statements, apart from as required through acceptable securities legislation.

Touch Data: 
Investor Members of the family:
Shawn Alexander
VP Investor Members of the family
salexander@maricann.ca
416.258.4784

Media:
Robert Vanisko
North sixth Company
212-334-9753 ext.112
maricann@n6a.com


Company Headquarters:
Maricann Workforce Inc. (C.MARI)
845 Harrington Court docket, Unit three
Burlington Ontario L7N 3P3
Canada

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