TORONTO, Sept. 27, 2018 (GLOBE NEWSWIRE) -- Wayland Group (CSE:WAYL) (FRANKFURT: 75M) (OTCQB:MRRCF) (“Wayland” or
the “Company) is pleased to announce that the Company will open its first retail location in Zurich, Switzerland in 2019 - serving
the market with high quality cannabis products that contain a maximum THC content of 1 percent.
This opportunity comes on the heels of the Company’s strategic acquisition of Haxxon AG (“Haxxon”) in May 2018, granting Wayland
the opportunity to leverage Haxxon’s production facilities in Regensdorf, Switzerland, and their production of feminized high CBD
cannabis plants.
“Already positioned to be a meaningful leader in this category, a retail footprint in Switzerland grants us the opportunity to
bring an elevated standard of product to market in Europe, while also engaging these insights and learnings as we widen our
potential retail expansion to Canada,” said Ben Ward, CEO of Wayland Group Corp. “We’re committed to bringing an elevated shopping
experience to the cannabis category, and we’re excited that experience will start in Zurich.”
The retail location will encompass an enhanced experience center where people will be able to sample and test different strains
and devices.
Maricann Group Inc., through its subsidiaries, is operating under the Wayland Group name. For further details see the press
release dated September 24, 2018.
About Wayland Group Corp.
Wayland is a vertically integrated producer and distributor of cannabis for medical purposes. The Company was founded in 2013
and is based in Burlington, Ontario, Canada and Munich, Germany, with production facilities in Langton, Ontario where it operates a
medicinal cannabis cultivation, extraction, formulation and distribution business under federal licence from the Government of
Canada. The Company also has production operations in Dresden, Saxony, Germany and Regensdorf, Switzerland. Wayland is currently
undertaking an expansion of its cultivation and support facilities in Canada in a 942,000 sq. ft. (87,515 sq. m) and will continue
to pursue new opportunities in Europe.
Forward Looking Statements
This news release includes forward-looking information and statements, which may include, but are not limited to, information
and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans,
intentions, expectations, estimates, and beliefs of the Company. Such forward looking statements include statements regarding the
proposed opening of a retail location in Zurich in 2019. Forward-looking information and statements involve and are subject to
assumptions and known and unknown risks, uncertainties, and other factors which may cause actual events, results, performance, or
achievements of the Company to be materially different from future events, results, performance, and achievements expressed or
implied by forward-looking information and statements herein. Although the Company believes that any forward-looking information
and statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in
such information and statements, there can be no assurance that any such forward-looking information and statements will prove to
be accurate, and accordingly readers are advised to rely on their own evaluation of such risks and uncertainties and should not
place undue reliance upon such forward-looking information and statements. Any forward-looking information and statements herein
are made as of the date hereof, and except as required by applicable laws, the Company assumes no obligation and disclaims any
intention to update or revise any forward-looking information and statements herein or to update the reasons that actual events or
results could or do differ from those projected in any forward looking information and statements herein, whether as a result of
new information, future events or results, or otherwise, except as required by applicable laws.
The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news
release.
For more information about Wayland, please visit our website at www.waylandgroup.com
CONTACT INFORMATION
Investor Relations
Graham Farrell
VP, Communications
Graham.Farrell@waylandgroup.com
647-643-7665
For media inquiries please contact
media@waylandgroup.com
Corporate Headquarters (Canada)
Wayland Group Corp. (Toronto)
845 Harrington Court, Unit 3
Burlington Ontario L7N 3P3
Canada
289-288-6274
European Headquarters (Germany)
Maricann GmbH
Thierschstrasse 3, 80538 Munchen, Deutschland
Photos accompanying this announcement are available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/ce3e8cbd-20a3-47b8-a690-21a1b1c2868a
http://www.globenewswire.com/NewsRoom/AttachmentNg/e50ccc93-add9-4bb5-9544-6f38533eb56d
