Maricann Makes Deal With Julian Marley's JuJu Royal

It’s been a big couple of weeks for Julian Marley’s company JuJu Royal (CSE: JUJU). The company announced earlier this week that it was teaming up with G FarmaBrands for distribution. G Farma’s subsidiary Finka Distributors will have the chance to get the JuJu Royal cannabis products into the company’s 1,000 dispensary’s it works with.

Now the company is announcing that it has partnered with Maricann Group (OTC:MRRCF) to cultivate and formulate the premium line of products. Maricann will offer the premium JuJu Royal line to its existing medical patients starting on January 1. The patients will initially have access to four of Marley’s designer strains of dry flower.

“We’re committed to producing all natural cannabis, marrying our vision for ‘A World of Good’ with Julian Marley to deliver a curated and unique experience to our patients, and soon, the broader market,” Ben Ward, CEO of Maricann said. “JuJu Royal is an exclusive line of products that leads the market in California and Colorado with carefully selected genetics, combined with solvent-free extraction, delivering the best cannabis has to offer.”

Marley is the son of the great, late reggae icon Bob Marley. He is a musician himself and also a devoted Rastafarian. His company had tried to partner with DropLeaf in 2016, but the partnership ran into problems and more recently merged with GEA Technologies, which is being renamed International Cannabrands.

G FarmaBrands through Finka Distribution will have the exclusive right to distribute cannabis products form JuJu Royal throughout Southern California for an initial term of three years. “As the California market moves into recreational regulated retail, we are eager to expand and distribute the most in-demand brands and products the industry has to offer,” said Nicole Gonzalez, Founder of Finka Distribution. There are some JuJu products already available in California, Washington, Colorado and Puerto Rico and the company has set its sights on Nevada too.
No doubt JuJu Royal and International Cannabrands are poised to grow quickly with the G Farma deal and now the Maricann deal. “Maricann is exactly the type of strategic partner we are looking for,” stated Jeffrey Britz, Chairman, and CEO of International Cannabrands. “Their core value of quality and commitment to the wellness of their customers aligns exactly with ours. They currently serve thousands of patients in Canada and have a vision to develop cannabis markets worldwide. We believe Maricann is uniquely positioned to capitalize on the adult-use cannabis market in Canada and are excited they have chosen us.”

Under the terms of the agreement, Maricann will have the exclusive right to cultivate, extract and distribute in Canada the JuJu Royal line of products that are currently offered in the United States. The agreement is set for five years.

Julian Marley added “JuJu Royal is freedom. I welcome Maricann to JuJu Royal, our vision is to heal the world with organics’ as the herb is the healing of the nation. It’s a pleasure to spread this love and joy together all because of this amazing plant.”

Debra Borchardt

Debra Borchardt is the Co-Founder, and Executive Editor of GMR. She has covered the cannabis industry for several years at Forbes, Seeking Alpha and TheStreet. Prior to becoming a financial journalist, Debra was a Vice President at Bear Stearns where she held a Series 7 and Registered Investment Advisor license. Debra has a Master's degree in Business Journalism from New York University.

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