07:01:54 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Marapharm Ventures Inc
Symbol MDM
Shares Issued 108,502,958
Close 2018-04-20 C$ 0.70
Market Cap C$ 75,952,071
Recent Sedar Documents

Marapharm's 1st Nev. facility inspection to be April 26

2018-04-20 16:24 ET - News Release

Mr. Rene Wolfe reports

MARAPHARM VENTURES INC. - STATE OF NEVADA FACILITY INSPECTION SCHEDULED - WE ARE ON THE PATH TO PRODUCTION, SALES AND REVENUE.

Marapharm Ventures Inc. has updated shareholders on the final steps to opening its first cultivation and production operations in Las Vegas, Nev. The first inspection of the company's new facilities is scheduled for April 26, 2018, with the State of Nevada. The company successfully passed these same inspections on May 30, 2017. At that time, the company was granted three recreational licences, two for cultivation and one for processing, toward its ultimate flagship build-out at this site of 294,120 square feet.

Development progress has allowed the company to begin scheduling the final, mandatory State of Nevada, NV Energy, the City of North Las Vegas Police Department, and Department of Agricultural inspections for final occupancy permits, giving the company the much-anticipated green light to begin cultivation. Marapharm is working with each authority to advance inspections to the earliest dates possible.

The company will increase communication during this significant and momentous time by posting images and reporting news to keep its shareholders and the public included in this landmark event.

"Corporate leadership, local and state government officials and our teams of engineers, contractors, consultants and labourers have diligently worked together to embrace challenges in this quickly evolving cannabis space -- ultimately we have built a firm foundation for the future development of this company," said 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.

We seek Safe Harbor.

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