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USA
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Marapharm Ventures Inc
Symbol MDM
Shares Issued 108,502,958
Close 2018-03-14 C$ 0.77
Market Cap C$ 83,547,278
Recent Sedar Documents

ORIGINAL: Marapharm completes Calif. cultivation facility plans

2018-03-14 16:46 ET - News Release

Received by email:

File: NR.CA1.docx

CSE: MDM    FSE: 2M0    OTCQX: MRPHF
News Release                           March 14, 2018, Kelowna, BC
Marapharm Ventures Inc. California Facility On Schedule To Break Ground August 2018 
Marapharm Ventures Inc. (CSE: MDM) (OTXQX: MRPHF) (FSE: 2M0) ("Marapharm" or the "Company") announces that the final p
--->lans for the Company's first cultivation facility in Desert Hot Springs, California are complete and ready for submiss
--->ion to the City. 

The Company engaged MSA Consulting Inc. (www.msaconsultinginc.com) a premier Civil Engineering, Planning and Surveying
---> firm. They collaborated with our Director of Operations to design and execute the fully engineered architectural plan
--->s, in preparation for the final Local Planning Department approval. This will allow the Company to "break ground" in e
--->arly August 2018.

The project is approved with a Conditional Use Permit for cannabis cultivation, processing and extraction. The first f
--->loor will include 9,175 sq.ft. of indoor grow, 2,036 sq.ft of processing/extraction and 1,391 sq.ft. of office space. 
--->The second floor with include 12,782 sq.ft of indoor grow.  The total cultivation space of this facility is 21, 957 sq
--->.ft.

Marapharm will use "rolling greenhouse tables" to eliminate the need for dedicated aisles. This will allow us to maxim
--->ize our canopy space and produce approximately 9,000 pounds of flower annually, plus ancillary products from the proce
--->ssing facility.

The 720 High-intensity discharge lights (HID) will be supplied by Solis Tek Digital Lighting www.solis-tek.com, an ind
--->ustry leader focused on the research, design, development and manufacturing of advanced & efficient lighting products.
---> 

We have selected PRIVA to provide irrigation and disinfection systems to be installed in both our Washington and Calif
--->ornia facilities. PRIVA, is based in Holland and is the world leader in Horticultural design, automation and control. 
---> It will deliver an irrigation and disinfection system that allows for automation of nutrient delivery and a 98% captu
--->re of all water in the facility for re-use, including irrigation run-off and condensate water from all HVAC equipment.
--->   

ABOUT MARAPHARM VENTURES INC.

www.marapharm.com

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 sta
--->tes of Washington, Nevada, and California, and are seeking expansion opportunities worldwide. 
FOR FURTHER INFORMATION:
www.marapharm.com or Linda Sampson, CEO 778-583-4476 email info@marapharm.com
SOCIAL MEDIA:
Facebook: facebook.com/marapharm Twitter: twitter.com/marapharm Web Program: marapharm.tv
STOCK EXCHANGES:
Marapharm trades in Canada, ticker symbol MDM on the CSE, in the United States, ticker symbol MRPHF on the OTCQB, and 
--->in Europe, ticker symbol 2Mo on the FSE. Marapharm also trades on other recognized platforms in Europe including Stutt
--->gart, Tradegate, L & S, Quotnx, Dusseldorf, Munich, and Berlin.

Neither the CSE, the FSE nor the OTCQBtrademark has approved nor disapproved the contents of this press release. Neith
--->er the CSE, the FSE nor the OTCQBtrademark accepts responsibility for the adequacy or accuracy of this release.
MARIJUANA INDUSTRY INVOLVEMENT:
Canadian listings (CSE) will remain in good standing as long as they provide the disclosure that is rightly required b
--->y regulators and complying with applicable licensing requirements and the regulatory framework enacted by the applicab
--->le state in which they operate.
Marapharm owns marijuana licenses in California and Nevada. Marijuana is legal in each state however marijuana remains
---> illegal under US federal law and the approach to enforcement of US federal law against marijuana is subject to change
--->. Shareholders and investors need to be aware that adverse enforcement actions could affect their investments and that
---> Marapharm's ability to access private and public capital could be affected and or could not be available to support c
--->ontinuing operations. Marapharm's business is conducted in a manner consistent with state law and is in compliance wit
--->h licensing requirements.

Copies of licenses are posted on Marapharm's website. Marapharm has internal compliance procedures in place and has co
--->mpliance focused attorneys engaged in jurisdictions to monitor changes in laws for compliance with US federal and stat
--->e law on an ongoing basis. These law firms inform any necessary changes to our policies and procedures for compliance 
--->in Canada and the US.

FORWARD - LOOKING STATEMENTS:
Certain statements contained in this news release constitute forward looking statements. The use of any of the words "
--->anticipate", "continue", "estimate", "expect", 'may", "will", "project", "should", 'believe", and similar expressions 
--->are intended to identify forward- looking statements. These statements involve known and unknown risks, uncertainties 
--->and other factors that may cause actual results or events to differ materially from those anticipated in such forward-
---> looking statements are based on reasonable assumption but no assurance can be given that these expectations will prov
--->e to be correct and the forward-looking statements included in this news release should not be unduly relied upon.  




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