Ms. Linda Sampson reports
MARAPHARM VENTURES INC. ANNOUNCES AN ONLINE NEWS CHANNEL FOR AWARENESS OF THE SECTOR AND OF MARAPHARM
Marapharm Ventures Inc. will launch an on-line news channel on or before June 15, 2017.
"Marijuana is news. I did an interview on Right Edition that has had in excess of 250,000 views. The success of the interview prompted us to look into the viability of doing regular media programs on the industry and on Marapharm. We have a studio, technical team and several prepared scripts. Filming is scheduled to begin May 4, 2017. Our performa indicates that millions of viewers could be reached, including investors, users and those who are just interested in news of the marijuana industry. They will then also become aware of Marapharm. There will be an investor's relation and market report of Marapharm's stock activity at the end of each program.
"In 2016, Cowen and Company, a multisector equity research group, stated that the legal U.S. cannabis markets is at $6-billion (prior to California's passage of adult use), and another $25-billion is spent in the black market. The average monthly searches for marijuana on Google are more than one million per month (source: the Leafly website on April 26, 2017). These statistics were a factor when researching to create an on-line video channel for branding and awareness of Marapharm," said Linda Sampson, Marapharm chief executive officer.
About Marapharm Ventures Inc.
Marapharm has 300,000 square feet of medical marijuana licences for its land and facilities in Washington and Nevada. About 2-1/2 years ago, Marapharm applied in Canada to Health Canada for an MMPR (marijuana for medical purposes
regulations) (production and sales) licence and has passed the necessary security clearances. The application is currently in the in-depth screening process. In September, 2016, Health Canada contacted Marapharm with a provision to amend its application to allow for the new regulations under ACMPR (access to cannabis for medical purposes regulations).
We seek Safe Harbor.
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