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Marapharm Ventures Inc
Symbol MDM
Shares Issued 108,502,958
Close 2018-03-14 C$ 0.77
Recent Sedar Documents

Marapharm completes Calif. cultivation facility plans

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

Ms. Linda Sampson reports

MARAPHARM VENTURES INC. CALIFORNIA FACILITY ON SCHEDULE TO BREAK GROUND AUGUST 2018

Marapharm Ventures Inc.'s final plans for the company's first cultivation facility in Desert Hot Springs, Calif., are complete and ready for submission to the city.

The company hired MSA Consulting Inc., a premier civil engineering, planning and surveying firm. MSA collaborated with Marapharm's director of operations to design and execute the fully engineered architectural plans, in preparation for the final local planning department approval. This will allow the company to "break ground" in early August, 2018.

The project is approved with a conditional use permit for cannabis cultivation, processing and extraction. The first floor will include 9,175 square feet of indoor grow, 2,036 square feet of processing/extraction and 1,391 square feet of office space. The second floor with include 12,782 square feet of indoor grow. The total cultivation space of this facility is 21,957 square feet.

Marapharm will use "rolling greenhouse tables" to eliminate the need for dedicated aisles. This will allow the company to maximize its canopy space and produce approximately 9,000 pounds of flower annually, plus ancillary products from the processing facility.

The 720 high-intensity discharge lights (HID) will be supplied by Solis Tek Digital Lighting, an industry leader focused on the research, design, development and manufacturing of advanced and efficient lighting products.

The company has selected PRIVA to provide irrigation and disinfection systems to be installed in both its Washington and California 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-per-cent capture of all water in the facility for reuse, including irrigation run-off and condensate water from all HVAC equipment.

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 it is seeking expansion opportunities around the world.

We seek Safe Harbor.

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