Tag: Maricann
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Ben Ward of Wayland Group fame among trio named by OSC in first Canadian cannabis fraud case
The Ontario Securities Commission (OSC) has named Ben Ward, Peter Strang and Silvio Serrano in a fraud case relating to activities conducted at the helm of the Canada Cannabis Corporation. The statement of allegations released today purports the three men, CEO and VPs of CCC respectively, raised over CAD$11M from investors in Ontario and accuses…
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Wayland Group (WAYL.C) crumbles, to RTO with illiquid crypto company, CEO Ben Ward dumped
Canadian licensed cannabis producer The Wayland Group (WAYL.C), formerly Maricann, currently halted for not being able to get their financials through three different audit teams, has succumbed. Long halted at $0.74 in Canada, though still trading on the US OTC at C$0.26, Wayland announced late Friday night, when most people were either asleep or into…
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License issues cast doubt over Wayland Group’s (WAYL.C) Australian acquisition
The Wayland Group (WAYL.C), formerly known as Maricann, announced their entry onto the Australian cannabis scene on December 3, 2018 by agreeing to acquire 50.1% of privately held Tropicann for an initial sum of CAD $4.8 million and a further payment of CAD $24 million should certain milestones be met, including Tropicann obtaining a medicinal…
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![Maricann (MARI.C)’s CEO not letting OSC investigation and delayed prospectus get in his way]()
Maricann (MARI.C)’s CEO not letting OSC investigation and delayed prospectus get in his way
Ontario-based cannabis cultivator Maricann Group has big plans. Despite ongoing expansions at the company facilities in Ontario and Germany both being “fully funded,” a pubco can always use some cash. Maricann reports selling dope produced in their Ontario facility consistently to the medical market. With the rec market right around the corner, destined to soak…
