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

Bullboard Posts

Comment by shinshinon Dec 25, 2018 11:54pm

104 Views

Post# 29157029

RE:RE:RE:Anybody know...

AJL55555 wrote: What is phase 3? Here is phase 1 and 2 quotes from the updated investor deck December 2018. No mention of phase 3. Are you saying they may not build out phase 2 then and just remain at the 225,000 square feet?

PHASE 1

225,450 square feet of grow and production space with annual capacity to grow up to 65,000 kg1

PHASE 2

Additional 719,550 square feet of grow space will bring annual capacity well north of 100,000 kg2 once fully completed

I find it unclear as well. I am also unclear how phase 1 can produce 65,000kgs on 225,000 sqft and how phase 2 will only produce an additional 35,000 kgs with almost 3 times the grow space. I understand that phase 2 will go up a lot quicker now that the infrastructure is in place.