TORONTO, March 15, 2019 (GLOBE NEWSWIRE) --
Wayland Group (CSE:WAYL) (75M.F) (MRRCF) (“Wayland†or the “Companyâ€) today
announced that it has completed the drawdown of the second facility
under its previously-announced subscription agreement with Alpha
Blue and issued the corresponding Convertible Debenture and
Facility Warrants. Please refer to the Company’s news release of
February 20, 2019 for further details.
About Wayland
Group
Wayland is a vertically integrated
cultivator and processor of cannabis. 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 cannabis cultivation, extraction, formulation, and
distribution business under federal licenses from the Government of
Canada. The Company also has production operations in Dresden,
Saxony, Germany, Regensdorf, Switzerland and, Allesandria,
Piedmont, Italy. Wayland will continue to pursue new opportunities
globally, including the consummation of its previously announced
transactions in the United Kingdom, Australia, Colombia, and
Argentina, in its effort to enhance lives through cannabis.
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
[email protected]
Media Inquiries: [email protected]
Corporate Headquarters (Canada)
Wayland Group Corp. (Toronto)
845 Harrington Court, Unit 3
Burlington Ontario L7N 3P3
Canada
289-288-6274
European Headquarters (Germany)
MaricannGmbH
c/o Wayland
Max Joseph Str. 7
80333 Munich