TORONTO, Aug. 13, 2018 (GLOBE NEWSWIRE) â€” Maricann Group Inc. (CSE:MARI)(FRANKFURT: 75M)(OTCQB:MRRCF)(â€śMaricannâ€ť or the â€śCompany) is excited to announce the official launch of MariPlant, the Companyâ€™s European nutraceutical line of business. MariPlant products will be available for sale in Germany through www.mariplant.de beginning on August 20, 2018, with strategic expansion planned throughout the European Union. Maricannâ€™s first product launch is a soft gel formulation loaded with 25mg of CBD that utilizes the multi-patented VESIsorbÂ® delivery system to ensure optimum absorption and bioavailability.
Maricann is pleased to bring a superior CBD product to the German marketplace. This development symbolizes a significant move to strengthen our global leadership position as we introduce the first of many patented formulations that utilize VESIsorb.
Maricannâ€™s product launch represents many first-to-market milestones in the German cannabis industry, including the first:
In 2017, through a commercialization agreement with SourceOne Global Partners, Maricann acquired the supply rights to VESIsorbÂ® for use with cannabis for human consumption in Canada, Germany, and other territories.
Multiple clinical studies have demonstrated the absorption and bioavailability benefits of VESIsorbÂ®, a science-backed drug delivery technology with a robust portfolio of international patents. VESIsorbÂ® has now been successfully adapted to optimize the performance of cannabis formulations in the human body. Since 2007, close to 200 million consumers in all six continents have safely and effectively used a natural product formulated with VESIsorbÂ®.
According to Jesse Lopez, CEO and founder of SourceOne Global Partners, Maricannâ€™s commitment to building an immediate infrastructure for German market leadership has pioneered a new standard for cannabis products in Europe.
Maricann has all of the critical elements to champion the VESIsorbÂ® drug delivery system in the emerging global cannabis industry. With a focus on innovation and clinical research, they also have the financial strength to build awareness and educate consumers on these superior product applications.
About Maricann Group Inc.
Maricann 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. Maricann is currently undertaking an expansion of its cultivation and support facilities in Canada in a 942,000 sq. ft. (87,515 sq. m) facility and will continue to pursue new opportunities in Europe.