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Marapharm Ventures Inc
Symbol C : MDM
Shares Issued 84,842,936
Close 2017-09-01 C$ 0.97
Recent Sedar Documents

Marapharm awarded two conditional distributor licences

2017-09-01 16:40 ET - News Release

Ms. Linda Sampson reports

MARAPHARM VENTURES INC. ANNOUNCES THAT THE STATE OF NEVADA HAS AWARDED 2 MORE CONDITIONAL APPROVALS FOR MARIJUANA DISTRIBUTOR LICENSES

Marapharm Ventures Inc. was given notice by the Nevada Department of Taxation of conditional approval for two additional distributor licences for its cultivation and production facilities in Las Vegas, Nev. Marapharm now has three conditional distributor licences.

"We are thrilled to receive these conditional approvals. These licences will be key to allowing us to distribute product beginning early next year from our planned expansive 380,000-square-foot cultivation and production facility. With these approvals in addition to the acquisition of the specialized vehicles needed, we can ensure we get product to market quickly and safely," said Linda Sampson, chief executive officer.

These approvals follow quickly on the heels of the August, 2017, conditional approval of Marapharm's first application for a marijuana distributor licence. The conditions to be met are the inspection of vehicles and of the facility.

About Marapharm Ventures Inc.

Marapharm primarily invests in the medical and recreational cannabis space, with corporate operations based in British Columbia, Canada.

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