Maricann Group
Maricann Group is a publicly listed Canadian cannabis producer and distributor operating the Sensi Brands consumer brand in the Canadian adult-use market, with vertically integrated medical and recreational cannabis operations headquartered in Burlington, Ontario.
- Company typePrivate
- Founded2013
- HeadquartersBurlington, Canada
- Headcount51–100
- GTM typeB2C
- OfferingHardware or Manufacturing
What Maricann Group does
Maricann Group is a vertically integrated Canadian producer and distributor of cannabis for medical and adult-use purposes, founded in 2013 and headquartered in Burlington, Ontario. The company is publicly listed on the Canadian Securities Exchange under the symbol MARI and operates with a headcount of 51-100 employees. Its primary consumer-facing brand is Sensi Brands, which offers age-restricted cannabis products to the Canadian adult-use market through a dedicated e-commerce portal.
The company's business model is built on licensed cultivation, production, and distribution of cannabis products under Canadian federal regulatory oversight, with revenue generated from wholesale and direct-to-consumer sales channels. In 2017, Maricann expanded its technology and operational footprint through the acquisition of NanoLeaf Technologies, indicating an intent to integrate proprietary technology into its cannabis value chain. The company has historically raised growth capital, with two disclosed funding rounds totaling approximately $69 million across 2017 and 2018, supporting capacity buildout and brand development.
Maricann's strategic context includes exposure to a global cannabis market projected to grow from $25.7 billion in 2021 to $148.9 billion by 2031 at a 20.1% CAGR, though the company's specific revenue performance and current operating scale are not disclosed in the available data. The firm also has an indirect relationship with Wayland Group Corp. via a CAD 8 million class action settlement approved by the Ontario Superior Court of Justice, which may implicate Maricann as a related entity and represents a material legal overhang.
Maricann Group firmographics
Firmographics- Name
- Maricann Group
- Website
- https://maricann.com
- Company type
- Private
- Founded year
- 2013
- Headcount range
- 51–100 employees
- Short description
- Maricann Group is a publicly listed Canadian cannabis producer and distributor operating the Sensi Brands consumer brand in the Canadian adult-use market, with vertically integrated medical and recreational cannabis operations headquartered in Burlington, Ontario.
- Ownership category
- akta.pro rank
Maricann Group industry classification
Industry- Product category
- Medical and Adult-Use Cannabis
- NAICS
- Medicinal and Botanical Manufacturing (325411)
- SIC
- Medicinal Chemicals & Botanical Products (2833)
- akta.pro primary industry
- Adult-Use (Recreational) Cannabis Dispensaries (CRANAFAA)
- akta.pro secondary industry
- Medical Cannabis Dispensaries (CRANAFAB)
Keywords
Where Maricann Group is headquartered
LocationHeadquarters
- HQ city
- Burlington
- HQ country
- Canada
- HQ region
- North America
Markets served
Maricann Group business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D
Maricann Group product offering
Product offeringCore offering
Maricann Group is a vertically integrated producer and distributor of cannabis for medical and adult-use purposes in Canada. Its primary branded offering is Sensi Brands, a consumer-facing cannabis brand selling age-restricted cannabis products to the Canadian market through online and retail channels.
Product overview
Maricann Group is a Canadian cannabis company operating a diversified portfolio of brands. The company's primary branded offering is Sensi Brands, a consumer-facing cannabis brand serving the adult-use market in Canada.
Differentiator
Problem solved
Functional benefit
Products and services
- Sensi Brands Consumer-facing cannabis brand operated by Maricann Group, offering age-restricted cannabis products to the Canadian adult-use and medical market.
Companies that use Maricann Group
Customer profileIdeal customer profiles1 record
Maricann Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Maricann Group partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Wayland Group Corp.A class action settlement involving Wayland Group Corp. and related entities was approved by the Ontario Superior Court of Justice. The settlement involves a CAD 8 million payment from Wayland. Maricann Group may be among the 'related entities' mentioned, though this is not explicitly confirmed.
Scale indicators1 record
Recent moves5 records
Expansion highlights4 records
Maricann Group competitors and assessment
Company assessmentDirect peers
- Cronos Group: Canadian cannabis company with international operations and a portfolio of branded adult-use and medical products. Comparable as a publicly listed, vertically integrated Canadian LP.
- Canopy Growth Corporation: One of Canada's largest vertically integrated cannabis producers with branded adult-use and medical portfolios. Directly comparable to Maricann as a Canadian listed LP competing in the same adult-use and medical channels.
- Aurora Cannabis: Canadian licensed producer with global cultivation footprint and medical/adult-use portfolios. Comparable as a vertically integrated Canadian cannabis producer operating in the same regulatory and retail environment as Maricann.
- Tilray Brands: Vertically integrated Canadian cannabis company with branded adult-use, medical, and wellness offerings across multiple geographies. Direct competitor in Canadian adult-use retail and medical channels.
- OrganiGram Holdings: Canadian licensed producer with a portfolio of adult-use brands and medical cannabis offerings. Comparable in product mix, channel exposure, and Canadian-market focus.
- HEXO Corp: Canadian cannabis producer with branded adult-use products serving provincial distributors and medical patients. Overlaps with Maricann in cultivation, processing, and Canadian retail distribution.
- Village Farms International: Canadian-controlled cannabis producer leveraging horticultural expertise for cultivation, with branded Canadian and international cannabis offerings. Directly comparable in production capabilities and Canadian-market focus.
- Sundial Growers: Canadian cannabis producer with branded adult-use product lines and medical offerings. Comparable as a mid-sized LP competing in Canadian adult-use retail with similar cultivation-to-retail vertical structure.
Broad incumbents
- Curaleaf Holdings: Large multi-state and international cannabis operator with branded adult-use and medical portfolios. Comparable as a vertically integrated cannabis producer/retailer, though primarily U.S.-focused.
- Green Thumb Industries: U.S. multi-state cannabis operator with national branded portfolio. Comparable in vertical integration and brand-led strategy, though operates in a different regulatory environment than Maricann.
Market position
Strengths3 records
Weaknesses3 records
Competitive moat3 records
Key risks4 records
Key highlights6 records
Customer concentration
Maricann Group social profiles
Digital presenceMaricann Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Maricann Group leadership team
Management profileNumber of profiles
Maricann Group funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Maricann Group M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Maricann Group
What does Maricann Group do?
Maricann Group is a vertically integrated producer and distributor of cannabis for medical and adult-use purposes in Canada. Its primary branded offering is Sensi Brands, a consumer-facing cannabis brand selling age-restricted cannabis products to the Canadian market through online and retail channels.
When was Maricann Group founded?
Maricann Group was founded in 2013. It employs 51 to 100 people.
Where is Maricann Group based?
Maricann Group is headquartered in Burlington, Canada, in the North America region.
Who are Maricann Group's main competitors?
Direct peers on record are Cronos Group, Canopy Growth Corporation, Aurora Cannabis, Tilray Brands, OrganiGram Holdings, HEXO Corp, Village Farms International and Sundial Growers. Broad incumbents are Curaleaf Holdings and Green Thumb Industries.
Does Maricann Group have an API?
No public API is recorded for Maricann Group.
What industry is Maricann Group in?
Maricann Group's product category is Medical and Adult-Use Cannabis. Its primary akta.pro industry code is CRANAFAA, Adult-Use (Recreational) Cannabis Dispensaries, with a secondary code of CRANAFAB, Medical Cannabis Dispensaries. Its NAICS code is 325411 and its SIC code is 2833.