The Company has always prioritized Germany as one of the most exciting medical cannabis markets in the world given its progressive regulations, rapidly expanding patient population, and insurance coverage for over sixty percent (60%) of prescriptions. This is a watershed moment for our operations in Germany as it validates the early entry by our company into that market. Celebrate and remember the lives we have lost in Grapevine, Texas. Wayland has already entered into agreements in pursuit of additional funding to support its expansion into new markets. TORONTO, April 23, 2020 -- Wayland Group Corp. today announced the closing of its previously announced transaction with Ring International Holding AG pursuant to which Wayland sold all of the... | … Paul Pathak is an established securities and investment industry lawyer, and partner at Chitiz Pathak LLP, practising primarily in the areas of corporate, securities, mergers, acquisitions and commercial law. It turns out that this was completed in exchange for 57,500,000 Cryptologic typical … Contributing original content and curating quality news on only the most promising cannabis companies and the most influential investors. The Company also has production operations in Dresden, Saxony, Germany, Regensdorf, Switzerland and, Allesandria, Piedmont, Italy. In its capacity as Court-appointed Monitor of Wayland Group Corp., Maricann Inc., and NanoLeaf Technologies Inc. © 2021 GlobeNewswire, Inc. All Rights Reserved. This news release includes forward-looking information and statements, which may generally be identified by the use of the words “will”, “subject to”, “up to” and variations or similar expressions which 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 including, without limitation, the amount and timing of the consideration to be paid under the Transaction and the actions that may be taken by the monitor in connection with the administration of the Company’s business, property, operations, affairs and estate. Stockhouse.com use cookies on this site. European Headquarters (Germany) Wayland (Deutschland) GmbH c/o Wayland … “Clay’s unmatched experience in acquisitions and unique ability to unlock shareholder value provides Wayland with a strategic advantage as we build a truly global business,” stated Ben Ward, CEO. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Have a confidential news tip? Jushi Acquires Balance of Pennsylvania Medical Cannabis Dispensary Agape, Israeli Cannabis Company Canndoc to Go Public via SPAC. Paul Pathak is an established securities and investment industry lawyer, and partner at Chitiz Pathak LLP, practising primarily in the areas of corporate, securities, mergers, acquisitions and commercial law. Wayland is a vertically integrated cultivator and processor of cannabis. Wayland … Forward Looking Information 979-515-1106 Maximilian Detert. 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 Wayland to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking information and statements herein. The largest and most comprehensive premium subscription service for cannabis traders and investors since 2013. 979-515-3671 Fergus Griner. It operates a medical cannabis cultivation, extraction, and formulation business under federal license from the Government of Canada. Paul Pathak biography. About Wayland Group. “Clay’s unmatched experience in acquisitions and unique ability to unlock shareholder value provides Wayland with a strategic advantage as we build a truly global business,” stated Ben Ward, CEO. Although Wayland 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. Wayland also announced the receipt of an order of the Ontario Superior Court of Justice (Commercial List) granted on April 17, 2020 pursuant to which PricewaterhouseCoopers Inc., in its capacity as court-appointed monitor under Wayland’s proceedings under the Companies’ Creditors Arrangement Act, has been authorized to, among other things, take any and all actions and steps in the name of and on behalf of the Company to facilitate the administration of its business, property, operations, affairs and estate as may be necessary. Browse the most recent Grapevine, Texas obituaries and condolences. Wayland is a vertically integrated cultivator and processor of cannabis. By continuing to use our service, you agree to our use of cookies. Texas obituaries and death notices, 1984 to 2021. I would like to thank Gerhard for his contributions to the Company and in particular for his perspective in connection with the build-out of our international portfolio of assets,” said Paul Pathak, Chair of the Board. Paul Pathak, Clay Horner and Matthew McLeod have each resigned from Wayland’s board of directors as of April 23, 2020. We hope and expect to see similar successes in other international markets where Wayland has made similar early entries,” explained Wayland chair Paul Pathak. Wayland Group Corp. (Toronto) 845 Harrington Court, Unit 3 Burlington Ontario L7N 3P3 Canada 289-288-6274. Jushi Holdings Inc. Acquires Remaining Equity Interests in Agape... Subversive Announces Qualifying Transaction with InterCure, Israel’s Leading... Download the free “New Cannabis Ventures” app on the iOS App Store or Google Play and get real-time push notifications straight to your phone on the latest breaking news and exclusives published. About Wayland Group Wayland Selected as One of Three Groups, Pending Review Period, for Cannabis Production Licenses in Germany. Wayland Group Corp. (Toronto) 2381 Bristol Circle Door D, Suite 102 Oakville, Ontario Canada L6H 5S9 289-288-6274. The Company is one of three groups that have been selected and is subject to a review period, after which a final decision will be made no earlier than April 17, 2019. We hope and expect to see similar successes in other international markets where Wayland has made similar early entries,” stated Wayland Chairman Paul Pathak. Find your ancestry info and recent death notices for relatives and friends. The NCV Newswire by New Cannabis Ventures aims to curate high quality content and information about leading cannabis companies to help our readers filter out the noise and to stay on top of the most important cannabis business news. 979-515-6765 Chotan Misner. TORONTO, April 04, 2019 (GLOBE NEWSWIRE) — Wayland Group (CSE:WAYL) (FRANKFURT: 75M) (OTCQB:MRRCF) (“Wayland” or the “Company”) is excited to announce that the Company has been selected by the German Federal Institute for Drugs and Medical Devices (“BfArM”), through its German joint venture DEMECAN GmbH, to begin domestic production of medical cannabis for the rapidly growing German patient population. Paul Pathak, Clay Horner and Matthew McLeod have each resigned from Wayland’s board of directors as of April 23, 2020. Wayland is a vertically integrated cultivator and processor of cannabis. Paul Pathak biography. The NCV Newswire is hand-curated by an editor and not automated in anyway. TORONTO, April 23, 2020 (GLOBE NEWSWIRE) -- Wayland Group Corp. (CSE:WAYL) (“Wayland” or the “Company”) today announced the closing of its previously announced transaction with Ring International Holding AG (“Ring”) pursuant to which Wayland sold all of the issued and outstanding shares of Wayland’s subsidiary, Maricann Inc. and certain other assets to an affiliate of Ring for a purchase price of up to CAD $12,400,000 (the “Transaction”). Paul Pathak, Clay Horner and Matthew McLeod have each resigned from Wayland’s board of directors as of April 23, 2020. For more information regarding the Company’s CCAA Proceedings, For more information and copies of documents relating to the CCAA Proceedings, please refer to the website of PricewaterhouseCoopers Inc., in its capacity as monitor in the CCAA Proceedings, at www.pwc.com/ca/wayland. Wayland is a vertically integrated cultivator and processor of cannabis. Such assumptions, risks, uncertainties and other factors include, but are not limited to, that Wayland will receive the consideration and other benefits expected to be received or realized from the Transaction in the manner and on the timelines anticipated by Wayland or at all; and that the actions taken by the monitor in connection with the administration of the Company’s business, property, operations, affairs and estate will be taken in the manner and on the timelines and have the result anticipated by the company. The Company was founded in 2013 and is based in Oakville, 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. Additionally, Paul Pathak has now been appointed Chairman of the Board. Forward Looking Information TORONTO, April 23, 2020 — Wayland Group Corp. (CSE:WAYL) (“Wayland” or the “Company”) today announced the closing of its previously announced transaction with Ring International Holding AG (“Ring”) pursuant to which Wayland sold all of the issued and outstanding shares of Wayland’s subsidiary, Maricann Inc. and certain other assets to an affiliate of Ring for […] 979-515-9729 Fatin Brazzle. Paul Pathak is Director of the company. Wayland Group Corp. is a medical cannabis company, which engages in the distribution of marijuana for medical purposes. Paul Pathak is an established securities and investment industry lawyer, and partner at Chitiz Pathak LLP, practising primarily in the areas of corporate, securities, mergers, acquisitions and commercial law. European Headquarters (Germany) Wayland (Deutschland) GmbH c/o Wayland … Additionally, Paul Pathak has now been appointed Chairman of the Board. Matthew McLeod has also resigned as Chief Executive Officer of Wayland. About Wayland Group. We hope and expect to see similar successes in other international markets where Wayland has made similar early entries," stated Wayland Chairman Paul Pathak. 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 best cannabis industry news sent to your inbox every Sunday. Get ahead of the crowd by signing up for 420 Investor, the largest & most comprehensive premium subscription service for cannabis traders and investors since 2013. Cookies are used to offer you a better browsing experience and to analyze our traffic. Wayland Group Corp. (Toronto) 2381 Bristol Circle Door D, Suite 102 Oakville, Ontario Canada L6H 5S9 289-288-6274. About Wayland Group. “We’re happy that Jim, Paul and Akshay have agreed to join the board,” said Dominic Mansour, CEO of Bragg. Pathak currently serves as a director of JPJ Group PLC (LSE), the Intertain Group Limited (TSX) and Wayland Group Corp. (CSE), and has served on the boards on several other public and private companies. About Wayland Group Wayland is a vertically integrated cultivator and processor of cannabis. In a current press release, Vertically integrated cultivator and cannabis processor, Wayland has announced that it had signed a non-binding letter of intent (LOI) that would permit the enterprise to sell its Canadian-primarily based company to a crypto mining enterprise referred to as, Cryptologic Corp.. 979-515-1266 Amargi Trogdon Matthew McLeod has also resigned as Chief Executive Officer of Wayland. I would like to thank Gerhard for his contributions to the Company and in particular for his perspective in connection with the build-out of our international portfolio of assets,” said Paul Pathak, Chair of the Board. From the beginning, the market opportunity for medical cannabis in Germany has been a key part of Wayland’s global growth strategy. We hope and expect to see similar successes in other international markets where Wayland has made similar early entries,” stated Wayland Chairman Paul Pathak. In a statement, Paul Pathak, chair of Wayland’s board, stated, “Our Board is committed to maximizing value for our shareholders. I congratulate Ben and his team on the ground in Germany and our partner DEMECAN and thank them for their hard work. Paul Pathak is an established securities and investment industry lawyer, and partner at Chitiz Pathak LLP, practising primarily in the areas of corporate, securities, mergers, acquisitions and commercial law. We hope and expect to see similar successes in other international markets where Wayland has made similar early entries. Any forward-looking information and statements herein are made as of the date hereof, and except as required by applicable laws, Wayland 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, changes in the Companies’ Creditors Arrangement Act proceedings (the “CCAA Proceedings”) of Wayland, Maricann Inc. and Nanoleaf Technologies Inc. or otherwise, except as required by applicable laws. Additional enquiries for the Monitor may be directed to: PricewaterhouseCoopers Inc. It offers a variety of oil and flower products. Paul Pathak biography. Paul Pathak is Director of the company. stated Wayland Chairman Paul Pathak. Matthew McLeod has … Wayland Chairman Paul Pathak About Wayland Group. The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release. About Wayland Group Wayland is a vertically integrated cultivator and processor of cannabis. Matthew McLeod has also resigned as Chief Executive Officer of Wayland. Paul Pathak, Clay Horner and Matthew McLeod have each resigned from Wayland’s board of directors as of April 23, 2020. Paul Pathak is Director of the company. 979-515-9229 Danile Horch. 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. About Wayland Group Wayland is a vertically integrated cultivator and processor of cannabis. Best cannabis industry news sent to your inbox every Sunday to our use cookies! 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