Wayland Group Corp MRRCF

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 DSeng89on Jul 27, 2018 10:16am

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Post# 28376633

RE:RE:Bottomed out?

That's reassuring. Thanks for the update!

I could be wrong, but I'm assuming they are in a black out period until the PP closes? I'm assuming no news until Aug 8 at least?

BatmanMTL wrote:

DSeng89 wrote: Looks like we bottoming out near $1.50? Can't wait for this PP to close and I hope it's fully subscribed!

Did anyone get in on the PP? Those warrants look juicy in a few years time.

waiting for allocations to be approved. The investment bank I deal with said interest for the PP was north of $50M.

The bank has still not received their allocations from Maricann. This leads me to assume that Ben and team are again working for maximizing shareholder value by maximizing the "president's list" which can be as high as $30M out of the total $46M.

The banks only get 2.5% cut from president list, and get 5% cut from non-president list (clients that the bank brings in)..