12:20:32 EDT Mon 06 Oct 2025
Enter Symbol
or Name
USA
CA



Maricann Group Inc
Symbol MARI
Shares Issued 139,127,571
Close 2018-08-15 C$ 1.61
Market Cap C$ 223,995,389
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Maricann exports dry cannabis flowers to Germany

2018-08-15 16:25 ET - News Release

Mr. Ben Ward reports

MARICANN'S FIRST SHIPMENT OF PRODUCT TO GERMANY OPENS DOOR TO MARKET

Maricann Group Inc. has exported dry cannabis flowers to Germany. The recent shipment of dry cannabis flowers from its European Union-GMP-(good manufacturing practices)-certified facility in Langton, Ont., Canada, was exported from Canada and then imported to Germany. The material then underwent further analytical testing and met all specifications and requirements. The company will now move to export further product to the German medical market.

"As one of five companies with EU-GMP-certified facilities for cannabis production globally, we are positioned perfectly to capture market share in the European medical market. This step further validates the platform that we have built at Maricann, with EU-GMP-certified cannabis flower exports from our facilities in Canada now a reality," stated Ben Ward, chief executive officer of Maricann.

Maricann Inc., a wholly owned subsidiary of Maricann Group, received an export permit from Health Canada on April 16, 2018, to ship dried cannabis flower to Germany. These results are the culmination of those efforts and represent yet another instance of external validation for the company and its products.

About Maricann Group Inc.

Maricann is a vertically integrated producer and distributor of cannabis for medical purposes. The company was founded in 2013 and is based in Burlington, Ont., Canada, and Munich, Germany, with production facilities in Langton, Ont., where it operates a medicinal cannabis cultivation, extraction, formulation and distribution business under federal licence from the government of Canada. The company also has production operations in Dresden, Saxony, Germany, and Regensdorf, Switzerland. Maricann is currently undertaking an expansion of its cultivation and support facilities in Canada in a 942,000-square-foot (87,515 square metres) and will continue to pursue new opportunities in Europe.

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