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Wayland Group Corp MRRCF

Healthcare Biotechnology Drug Manufacturers - Specialty & Generic Cannabis
Wayland Group Corp, formerly Maricann Group Inc produces and sells medical marijuana. It is currently engaged in cultivation, extraction, analytics and production facilities to elevate offerings and prepare for growth into the adult-use cannabis market in Canada.


GREY:MRRCF - Post by User

Wayland Group Corp
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Comment by BradleyJron Dec 05, 2019 5:55pm
192 Views
Post# 30426866

RE:RE:RE:RE:1.1 mill provided by DIP Financing Lender - EBF Group Ltd.

RE:RE:RE:RE:1.1 mill provided by DIP Financing Lender - EBF Group Ltd.

LopezLittleLee wrote:
So this sounds positive as why would a lender get involved and risk their capital if there was a positive possible outcome correct?


Lopez, this is going to be an uphill battle. They are embarking on a road less taken through CCAA. They are navigating through this process.

Today was a minor win getting working capital and extending the stay period to December 14. 

 

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