Ms. Linda Sampson reports

MARAPHARM VENTURES INC. "MARAPHARM" UPDATES THE STATUS OF ITS MARIJUANA RECREATIONAL LICENSE APPLICATIONS IN NEVADA

Marapharm Ventures Inc. says the Department of Taxation, State of Nevada, provided a conditional approval letter for 70,000 square feet of cultivation for recreational use on June 21, 2017. The condition was to provide evidence regarding the zoning and land use of the Marapharm cannabis facilities. This information was provided by the City of North Las Vegas on June 21, 2017. On June 27, 2017, the Nevada Department of Taxation acknowledged receipt of the requested information and stated that it expects to issue the licence shortly. Marapharm currently has three medical marijuana licences, and has made applications for the transition to recreational use for the 290,000 square feet of cultivation and production facilities. Two applications remain in the system waiting approval.

About Marapharm Ventures Inc.

Marapharm has more than 300,000 square feet of medical marijuana licences for its land and facilities in Washington, California and Nevada. In Nevada, the building footprint is 360,000 square feet. About three years ago, Marapharm applied in Canada to Health Canada for an MMPR (Marihuana 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, ACMPR (Access to Cannabis for Medical Purposes Regulations).

We seek Safe Harbor.