Ms. Linda Sampson reports

MARAPHARM VENTURES INC. CLOSES ON CALIFORNIA DISPENSARY

Marapharm Ventures Inc. has closed on the acquisition of an operational dispensary, Green Leaf Wellness, in Desert Hot Springs, Calif., as previously stated in news releases on Nov. 27 and Dec. 20, 2017, and in the company's corporate update on Jan. 1, 2018.

Green Leaf Wellness (GLW) is an established dispensary with a successful medical cannabis history. It has provided valuable support to local patients and veterans in the community and has been successful in developing long-lasting relationships in the community with innovative communication, marketing and social media.

The dispensary is within four miles of Marapharm's two cultivation facilities, which are currently in the planning and development stage. The location is off of the I-10, a major freeway between Phoenix and Los Angeles, with a traffic count of approximately 250,000 cars a day.

Current management will be staying on to support a positive and seamless transition for staff and patrons. Marapharm looks forward to launching a new website, a multisocial media presence, and uplifting the store to better serve both medical and recreational visitors, with the highest-quality cannabis products, excellent standards and product knowledge.

"California's cannabis market is expected to soar to $5.1-billion, and it's going to be bigger than beer."

Desert Hot Springs, located in the Coachella Valley, has a population of approximately 800,000. The valley welcomes 3.5 million tourists a year and is home to the famous annual Coachella Music Festival. A large percentage of residents are 60 plus, which is the fastest-growing cannabis demographic in the United States.

"The dispensary is the first subsidiary of Marapharm to provide a steady revenue stream for the company, and we look forward to a positive management transition with Green Leaf Wellness," Linda Sampson, chief executive officer.

About Marapharm Ventures Inc.

Marapharm is a publicly traded company investing in the medical and recreational cannabis space since 2014. Marapharm has rapidly expanded to include having cultivation, production and dispensary locations in the key North American states of Washington, Nevada and California, and is seeking expansion opportunities worldwide.

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