Maricann Group Inc. has established a new subsidiary in Germany called Maricann GmbH, a company that is duly incorporated with offices located in the city of Munich. This new subsidiary will help Maricann leverage opportunities in a large country that recently legalized medical cannabis.

To that end, Maricann appointed five individuals to the Advisory Board of its subsidiary who will help the company grow in an expanding market for medical cannabis. The five individuals on the Advisory Board of Maricann GmbH are as follows: Professor Dr. Markus Backmund MD, PhD - Chair of German Society of Addiction Medicine (Deutsche Gesellschaft für Suchtmedizin e.V.), Professor of Medicine Ludwig- Maximilians Universtät Munchen (LMU), Head of PIT (a treatment centre for addiction medicine, infectious diseases and Psychotherapy), Editor of the magazine Suchtmedizin (Journal of Addiction Medicine), President of the interdisciplinary congress of Addiction Medicine, Munich (800 Medical Doctors) and various other positions mainly relating to addiction research and drug and alcohol dependency. Birgit Homburger - Currently heading the Berlin office of the Deutsche Aktieninstitut e.V (an institute representing the interests of publicly traded companies, investors and banks), and senior advisor in an international executive search company. Ms. Homburger is the recent past chair of the Freie Demokratische Partei, (parliamentary group FDP), member of the Federal Coalition committee, member of the Bundestag up to 2013, Chairwoman of the FDP parliamentary group in the Bundestag, and leader of the parliamentary group with 93 members of the German Bundestag, responsible for over 110 staff. She holds a degree in public administration at the University of Constance. Dr. Horst Schiessl - Member of the Board of the Dussmann Stifting and Independent Chair of the supervisory board of Baader Bank AG. Dr. Schiessl, founding partner of SSP Schwiessl, is a lawyer with over forty years of experience in consulting and advising larger German companies and family offices. He studied law and economics in Munich. Gerhard Müller - Past audit partner of Ernst and Young's German practice, responsible partner for the Technology, Media & Entertainment sector at Ernst & Young for the Germany, Switzerland, Austria (GSA) Region. A Certified Public Auditor and Tax consultant, Mr. Müller studied economics and English in Munich and Manchester (UK). He left Ernst & Young in 2013 and has been working in his own practice since then. Since July 1, 2013, Mr. Müller has also been deputy chairman of Habitat for Humanity in Germany. Hans Dendl - Past Chairman of AOK Health, Researcher at NASA Jet Propulsion Laboratory (JPL), and Lockheed Martin Aeronautical Research. Mr. Dendl is currently a lecturer at Ludwig-Maximilians Universtät Munchen (LMU) - MSc. He holds a degree from the Massachusetts Institute of Technology (MIT).