Maricann Workforce Added to Horizons Hashish ETF – New Hashish Ventures



Maricann Workforce, Inc. Good points Publicity to TSX with Checklist on Horizons Marijuana Lifestyles Sciences Index ETF

Clinical Hashish Supplier Joins HMMJ ETF; Gives Traders Inventory in International Corporate with Plans for Competitive World Growth

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 enroll in the hashish business’s premier ETF because of its endured robust efficiency within the aggressive Canadian hashish panorama, in addition to having confirmed to satisfy the Index’s required asset and liquidity thresholds.

Maricann Workforce is a growth-oriented corporate in an increasing and thrilling sector. We’re happy to be integrated within the Horizon Marijuana Lifestyles Sciences Index ETF (HMMJ), giving us greater publicity to traders throughout the ETF’s TSX list.

Ben Ward, CEO of Maricann

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

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

This milestone follows Maricann’s announcement of world growth, 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 12 months 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 total record of securities and the index method, consult with the HMMJ ETF website online 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 founded in Langton, Ontario, the place it operates a medicinal hashish cultivation, extraction and distribution trade underneath 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 these days endeavor a spread of its cultivation and toughen amenities in Canada in an absolutely funded 217,000 sq. toes. (20,159 sq. m), to toughen 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 non-public capital
  • January 2017, commences sale of clones
  • February 2017, Maricann Inc. raises $10 million in non-public 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
  • Might four, 2017, Maricann Workforce, Inc. secures $42,500,000 non-dilutive financing for additional German growth
  • Might 24, 2017, breaks floor on growth of cultivation facility in Langton, Ontario
  • June 12, 2017, Maricann Workforce, Inc. indexed on HMMJ ETF

For more info about Maricann please consult with our website online at www.maricann.ca

Unique press free up: https://globenewswire.com/news-release/2017/06/20/1026233/0/en/Maricann-Group-Inc-Gains-Exposure-to-TSX-with-Listing-on-Horizons-Marijuana-Life-Sciences-Index-ETF.html

Essentially the most dependable, fact-based data on Maricann Workforce discovered handiest on its Investor Dashboard.


Ahead of this hashish inventory information is right here, it is revealed to subscribers on 420 Investor.





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On this article:
hashish etf, HMMJ, Horizons Marijuana Lifestyles Sciences Index ETF, MARI, Maricann, MRRCF




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