Maricann Group Inc. Announces Revenue Results for the Second Quarter and Six Months Ended June 30, 2017; Revises Revenue Guidance for the Year 2017
For the six months, revenues were CAD 1,804,769 as compared to CAD 1,864,019 during the same period in 2016.
The company revised revenue guidance for the year 2017. The company has revised the forecast of revenue from CAD 6.7 million to CAD 4.3 million. The total loss to be borne by the company as a result of the incident is not yet determined; as it will be reduced by the not yet determined amount of the insurance recovery.