National Bank Financial Lowers Maricann Group (CNSX:MARI) Price Target to $13.50

Maricann Group (CNSX:MARI) had its target price lowered by research analysts at National Bank Financial from $14.00 to $13.50 in a research note issued on Tuesday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock.

Maricann Group Stock Performance

Maricann Group has a 52 week low of $0.87 and a 52 week high of $3.60.

Maricann Group Company Profile

Maricann Group Inc, formerly Danbel Industries Corporation, is a Canada-based integrated producer and distributor of marijuana for medical purposes. As one of approximately 43 companies with a federal license to cultivate cannabis and one of approximately 30 independent licensed producers with a federal license to process and distribute cannabis, the Company’s services a patient base with more than 8,000 registered patients. The Company is undertaking an expansion of the cultivation and support facilities to support existing and future patient growth.