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WAYLAND GROUP CORP.
USA: MRRCF | Canada: WAYL | Germany: 75M.FRA
Last Price: .931 | Website | SEC Filings | Latest News
As Canada and the US experience tremendous growth in Legal Marijuana Sales - even outpacing demand - Global Production will inevitably become crucial in meeting the current shortfall.
And like a snowball effect, the influence of these global producers could bring about the Globalization of Legal Cannabis!
There's no doubt that the big boys like Tilray, Aurora, and Canopy Growth are already seizing potential global markets.
But hot on their heels is a company that's starting to make BIG Waves in the Cannabis Sector....
INTRODUCING....MRRCF!
MRRCF knows that global expansion will be make or break for companies in this sector.
That's why this company has already expanded their footprint to Canada, Australia, the UK, Germany, Switzerland, Columbia, Italy, and even Argentina!
Founded in 2013, MRRCF is a LICENSED vertically integrated cultivator and processor of cannabis with production facilities in Langton, Ontario where it operates a cannabis cultivation, extraction, formulation, and distribution business under federal licenses from the Government of Canada.
With 7-Figure Revenues to boast, this company is creating a buzz through its multiple brands -- offering everything from low to high THC strains, CBD products, medical-grade Cannabis Oil, dried cannabis, and more.
With tremendous growth and expansion over the last few months, MRRCF has certainly been on the comeback trail. But could it continue? Let's dig in....
MRRCF ON THE VERGE OF ANOTHER BREAKOUT?
Once all the hoopla around the Cannabis Legalization faded this Fall, MRRCF found itself in slow decline for the rest of 2018.
But from the looks of it, MRRCF is beginning 2019 with a bang - to the tune of a 92% run since the clock struck 12 on Jan 1st!
MRCCF now finds itself in a Triangle Pattern using the 50 Day Moving Average as support as it attempts to Breakout and retest the 200 Day Moving Average which held it back earlier this month.
With so many major recent developments, could MRRCF be poised for another BREAKOUT?
It's important to note that MRRCF's 52 Week High is 3.60 - a full 286% HIGHER than the current price.
MRRCF SEEKS WORLD CANNABIS DOMINATION!
Wayland Group Corp. (MRRCF) is a vertically integrated cultivator and processor of Cannabis based in Burlington, Ontario, Canada and Munich, Germany, with production facilities in Langton, Ontario where it operates a cannabis cultivation, extraction, formulation, and distribution business under federal licenses from the Government of Canada.
With a significant global presence, MRRCF also has production operations in Dresden, Saxony, Germany, Regensdorf, Switzerland, Allesandria, Piedmont, Italy and Ibague, Colombia.
Founded in 2013, the company's strong background in medical cannabis production allowed them to easily transition into the recently-legal consumer cannabis market while maintaining the same medical standards across all brands.
MRRCF will continue to pursue new opportunities globally in its effort to enhance lives through accessible cannabis products and partnerships with like-minded brands and companies.
MRRCF'S MASSIVE GLOBAL FOOTPRINT
 CANADA: MRRCF currently operates a Health Canada Licensed state-of-the-art facility in Langton, Ontario set to go into full production this year. The Langton facility has significant innovations that set Wayland Group apart from its competitors.
The facility will be completed in two phases, the first of which is approximately 225,000 square feet in size with 90,000 square feet of production and office space and approximately 135,000 square feet of grow space which will yield the Company approximately 65,000 kg of dried cannabis flower per year. Phase two will bring an additional 719,000 square feet of grow space online taking production capacity much greater than 100,000 kg per year. [UPDATE: Wayland receives additional Licensing from Health Canada]
The new facility is the synthesis of expert growing knowledge and industrial-scale production through their patent-pending drying technique that allows the company to dry product 8 times faster than conventional methods but still delivers a great smoke. Unlike many cannabis cultivators, MRRCF's new facility design places maintenance equipment and other hardware in corridors, minimizing human contact with plants, which is crucial for healthy growing.
The Company also partnered with Rockwell Automation to develop a fully automated system including the development of AI Data Grow, the Company’s artificially intelligent master grower. This allows MRRCF to drastically reduce its cultivation labour needs by approximately 90% of the industry average while also mitigating risks associated with infecting crops.
This facility has both a net zero carbon footprint and European GMP certification. As a result, MRRCF can export its products to lucrative European markets!
Click Play to learn more about MRRCF's Amazing New Facility
To benefit from the expansion of CBD and other medical marijuana products, the company has signed supply agreements with major provinces in Canada, including Alberta, Manitoba and British Columbia.
 GERMANY: MRRCF is the only organization in the world that has a facility ready for domestic cannabis cultivation. Located in Ebersbach, just outside of Dresden, the proposed facility gives Wayland 820,000 square feet of clean-room cultivation, processing, and extraction capabilities. It is currently being utilized to process industrial hemp from the Company’s adjacent 164-hectare hemp operation where the Company recently completed their first harvest yielding over 120,000 kg of dry hemp flowers. Once processed, the CBD distillate will be used for the Company’s recently launched nutraceutical business, MariPlant GmbH.
Finally, the Company expects to receive their second EU-GMP certification for the Ebersbach facility in a matter of weeks, further strengthening MRRCF's medical production and distribution capabilities.
MRRCF's Ebersbach Facility in Germany
 SWITZERLAND: MRRCF's second European cultivation site is located in Regensdorf, Switzerland, a suburb of Zurich. The 60,000 square foot facility’s current production profile is approximately 2,000 kg of CBD flower per year. The company plans to upgrade this facility to bring it in line with production standards from existing GACP standards and increase capacity to 14,000 kg per year with the goal of developing their own CBD products for sale throughout Switzerland and the rest of the European Union.
MRRCF also recently announced they will open their first retail location in Zurich in 2019!
 ITALY: MRRCF has a definitive joint venture agreement with CBD Italian Factory S.S., for the production of high quality cannabis products in Italy wth sustainable production of quality CBD and THC products from a naturally derived fuel source. The Company holds 50.1 % of the joint venture while 49.9% is held by CBD Italian Factory
 MALTA: In July of 2018, MRRCF's application to set up a business in Malta to manufacture finished dose medical cannabis was approved. Malta will offer the Company a unique advantage as Wayland will have the ability to import, extract, manufacture finished dose products, and distribute cannabis for medical purposes within Malta and the entire European Union.
 UNITED KINGDOM: MRRCF entered into an agreement to acquire a 51% stake in U.K. based Theros Pharma Ltd. - an early stage company that has successfully imported cannabis to the U.K. for patients with a prescription for medical cannabis. The company expects to be able to import cannabis to patients in the UK as early as March 2019.
 ARGENTINA: MRRCF entered into an agreement to purchase 819 hectares of existing developed agriculture land in San Juan Province in Argentina, which is the ideal micro climate for cultivation. The property has existing mass scale irrigation, using runoff from the Andes Mountains, and produces 1,000,000 kg of wine juice, and 400,000 kg of olives per year. Existing on site agronomists and farmers will take their knowledge of horticulture and apply it to Wayland’s existing world class system of cannabis cultivation. Outdoor cultivation will take place in existing alfalfa fields, to supply Wayland with low cost inputs.
 COLUMBIA: MRRCF acquired a Columbian licensed producer of THC Cannabis which holds 4 licenses for cultivation and processing. It is anticipated that Wayland will cultivate THC cannabis outdoor and year-round with an infrastructure investment including 415,000 sq. ft. of processing and clone and vegetation greenhouse facilities to support outdoor cannabis flower production of 125 hectares. It is expected that a minimum of two full harvests will be achieved per year operating in an ideal climate. [Read More]
 AUSTRALIA: MRRCF has entered into an agreement to acquire 50.1% of Tropicann Pty Ltd., a privately owned Australian company located in Darwin, Northern Territory. It plans to build an outdoor grow facility to take advantage of the ideal cannabis cultivation climate with minimal environmental impact. The Company believes it can leverage a major port in Darwin that will provide access to major APAC markets.
MRRCF BRANDS:
MRRCF has taken a unique and consumer-centric approach to each of its brands/offerings to set them apart from the rest and supporting their global expansion.
Strains within each portfolio will match brand positioning and satisfy target consumer needs and benefits.
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MARICANN
The former "official" name of the company has now been spun-off to represent it's offering of dried cannabis and cannabis oil for medical purposes.
Maricann is Wayland’s medicinal cannabis brand, built on years of experience in the medical cannabis industry.
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KIWI
Designed for light users who are new to the category and looking to better understand Cannabis and its effects. The brand will exist to simplify and make the cannabis experience more welcoming and approachable to the masses.
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RARE DANKNESS
Wayland is the exclusive Canadian and European distributor of Cannabis Cup-winning Rare Dankness offering a range of products made with high THC strains.
This partner brand will be for experienced Cannabis users who are knowledgeable about strains, potencies and profiles.
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 SOLARA
Designed for the modern, active consumer who is looking to find solutions to help them live healthier/better without using stronger pharmaceutical alternatives. This brand will be CBD-only and create a wide range of products from beverages to topical creams with the expressed purpose of promoting a healthy, balanced lifestyle.
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NORTHERN
HARVEST
Designed for light / medium users who enjoy Cannabis as part of their active and social lives. The brand will exist to promote a more natural and balanced approach to Cannabis with a focus on providing a fun and lighthearted experience.
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HIGH TIDE
Designed for medium to heavy users who enjoy the cerebral effects of Cannabis. This brand will produce high quality, high THC cannabis with the expressed purpose of pushing the limits of the THC experience.
Strains include Sativa-dominant "Ghost Train", Sativa Hybrid "Headband", and A. Haze.
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LOST AT SEED
Designed for medium to heavy users who want only the best Cannabis money can buy. This brand will provide highly desirable and impossible to find strains only available on a limited assortment basis.
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MAJOR RECENT DEVELOPMENTS
As we highlighted above, MRRCF has quite the impressive International Portfolio.
Well, earlier this month, the company made the strategic decision to sell half of it's International assets to ICC International Cannabis Corp (WLDCF)!
READ: Wayland Sells Half Of Its International Business For $126M
Under the terms, MRRCF will sell 49.9 percent of its international portfolio of assets. The transaction will allow Wayland and its shareholders to unlock the value of the company's international assets. In addition, the company will get exposure to ICC's international operations.
After the transaction is complete, MRRCF will sign a three-year supply agreement with ICC to supply it with 10,000 kilograms of EU-GMP certified product per year. In turn, ICC will have access to Wayland's German advisory board. The international business will be held in a subsidiary jointly owned by both companies.
So why did they do it?
“The proposed transaction would provide Wayland and our shareholders with exposure to an unparalleled portfolio of international assets to address the ever-expanding global legalization of medical cannabis with operations in countries with a total population of just over 390 million people and access to international markets that exceed a billion people.
This transaction ascribes value to our international assets that is in line with our expectations as the value of our international assets is now greater than the entire company’s present market capitalization. The transaction also provides an opportunity at the appropriate time to fully integrate our international operations with ICC’s to cover all aspects of the value chain, including medical plant production, extraction, active pharmaceutical ingredient isolation, finished dose manufacturing, and distribution.” Stated Wayland CEO, Ben Ward.
Needless to say, this appears to be a Win-Win Situation for MRRCF - especially if you want to compete with the big boys like Tilray, Aurora, & Canopy Growth!
And this new marraige has only just begun...
International Cannabis and Wayland to Begin Integration of European Extraction and Distillation Processes; to Process 125,000 kg of CBD Flower
VANCOUVER, British Columbia, Jan. 21, 2019 -- ICC International Cannabis Corp. is pleased to announce that further to the signed Letter of Intent with Wayland Group Corp. (MRRCF), the companies will begin integration of its extraction and distillation processes, in addition to finished dose manufacturing of CBD products for the European market. [Read More]
THE BOTTOM LINE
Reading about MRRCF's sale of half it's impressive International assets may have caught a few of you off guard as you read on...
But what this marraige between MRRCF and ICC does is create an even more formidable presence for both companies on a global scale.
Untouched in this deal is MRRCF's Canadian operations which appear to be progressing at a quick pace -- especially with the recent grant of additional Licensing!
So it's no wonder why this diverse Cannabis company has been on the comeback trail with more potential upside to come!
Needless to say, we'll be watching to see if MRRCF can continue it's upward march and BREAKOUT of current levels!
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