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Maricann Group Inc. has announced that is has entered into a non-binding term sheet to form a strategic joint venture with San Martino S.S., a large scale agricultural company in the Piedmont Region of Italy. 

According to the proposed joint venture Maricann and San Martino will develop a centre of excellence for cannabis products, in conjunction with the University of Eastern Piedmont, initially producing high CBD and THC content for the medical market, and then THC product for the European market. 

The full press release can be found by following the link below:
https://globenewswire.com/news-release/2018/08/28/1557543/0/en/Maricann-Enters-into-Non-Binding-Term-Sheet-for-Strategic-Joint-Venture-in-Italy.html

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