Toronto, ON — August 22, 2018 — /D.M.O. Newswire/ — Maricann Group Inc. (CSE:MARI) (OTC:MRRCF) (FRA:75M) filed its preliminary prospectus in connection with its previously announced private placement of special warrants for gross proceeds of $37.4 million CAD.
Here’s What You Need to Know
- Maricann Group under the direction of the special committee of the board of directors has discussed various potential strategic transactions.
- In the course of these discussions, Maricann Group “has received proposals from potential interested parties and certain of these parties have conducted due diligence.”
- Maricann has not received any proposals respecting potential strategic transactions that it has determined to be acceptable and it is not currently in active discussions concerning any potential strategic transactions.
- As the company continues to “monitor industry developments,” it will be exploring more opportunities in the European cannabis space.
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