04:33:05 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Marapharm Ventures Inc
Symbol MDM
Shares Issued 100,859,058
Close 2018-03-05 C$ 0.73
Market Cap C$ 73,627,112
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Marapharm expects Green Leaf will double sales

2018-03-05 16:20 ET - News Release

Ms. Linda Sampson reports

MARAPHARM VENTURES INC. DISPENSARY IS ON TRACK TO DOUBLE SALES IN FIRST MONTH

Marapharm Ventures Inc. announced in a news release published on Feb. 14, 2018, the closing of its acquisition of 420 Express Delivery Inc., doing business as Green Leaf Wellness, a dispensary located in the city of Desert Hot Springs, Calif.

The company reports that the transition of business has been remarkably smooth and well received by existing staff, patrons and clients.

Based on current performance, the dispensary is on track to double sales in the first month of operations.

The company's legal counsellor, director of operations, two consultants and staff have been instrumental in the success of the transition of Green Leaf Wellness. Audits and reviews of inventory, accounting, staffing, security, vendors, and compliance have been the focus of the transition, which will continue to be refined to ensure the success of Green Leaf Wellness.

"The team's efforts have exceeded our expectations! To all of those involved, thank you for your commitment to making this a great beginning of our venture ahead," 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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