Maricann Group Announces Closing of Previously Announced Private Placement Raising Gross Proceeds of $37.4 Million

TORONTO, Aug. 10, 2018 – Maricann Group Inc. (CSE:MARI) (Maricann or the “Company”) announced today that it has closed its previously disclosed private placement of special warrants (“Special Warrants“) at a price of $1.60 per Special Warrant raising gross proceeds of approximately $37.4 million (the “Offering“).  Canaccord Genuity Corp. and GMP Securities L.P., acted as