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File: NR.update on CA.DISP (002).docx
News Release April 5, 2018, Kelowna, BC
Marapharm Ventures Inc. Continued Sales Success At California Dispensary
Marapharm Ventures Inc. (CSE: MDM) (OTCQX: MRPHF) (FSE: 2M0) ("Marapharm" or the "Company") would like to provide an upd
--->ate on the Company's dispensary in Desert Hot Springs, California. The dispensary continues to increase sales since acqu
--->isition with weekly and monthly promotions. Furthermore, the implementation of a live inventory system has ensured accur
--->ate information is relayed in "real-time" to our existing patrons and the 3.5 million visitors to the popular Coachella
The Company has been using unique promotions that have been extremely successful during the past six weeks of ownership.
---> For example, the dispensary has partnered with adjacent retailers to perform cross promotions which have been well rece
--->ived by the community patrons and appreciated by the partner retailers. Two of our partner retailer promotions resulted
--->in a 118% daily sales increase when compared to our daily average sales. However, the true strength of the dispensary is
---> our staff. They continue to be an integral component of our success, building our reputation of providing superior serv
--->ice and product knowledge to our clientele and being a reputable business community member in the Desert Hot Springs are
In addition, Weedmaps, in conjunction with the integrated MJ Platform inventory management system, has increased traffic
---> by providing us the ability to give our patients and adult consumers (over the age of 21) easy access to the most relia
--->ble "real-time" information about our location, hours, specials, promotional days, strains, products, and reviews. Visit
---> our website, greenleafwellnessdhs.com and click "Visit Us On Weedmaps" for more information.
"We will continue to develop exclusive promotions and special products which have proven to be well received by the "adu
--->lt use" community of Desert Hot Springs and surrounding valley." Linda Sampson, CEO.
ABOUT MARAPHARM VENTURES INC.
Marapharm is a publicly traded company investing in the medical and recreational cannabis space, since 2014. Marapharm h
--->as rapidly expanded to include having cultivation, production and dispensary locations in the key North American states
--->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 firstname.lastname@example.org
Facebook: facebook.com/marapharm Twitter: twitter.com/marapharm Web Program: marapharm.tv
Marapharm trades in Canada, ticker symbol MDM on the CSE, in the United States, ticker symbol MRPHF on the OTCQX, and in
---> Europe, ticker symbol 2M0 on the FSE. Marapharm also trades on other recognized platforms in Europe including Stuttgart
--->, Tradegate, L & S, Quotnx, Dusseldorf, Munich, and Berlin.
Neither the CSE, the FSE nor the OTCQXtrademark has approved nor disapproved the contents of this press release. Neither
---> the CSE, the FSE nor the OTCQXtrademark 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 by
--->regulators and complying with applicable licensing requirements and the regulatory framework enacted by the applicable s
--->tate in which they operate.
Marapharm owns marijuana licenses in California and Nevada. Marijuana is legal in each state however marijuana remains i
--->llegal under US federal law and the approach to enforcement of US federal law against marijuana is subject to change. Sh
--->areholders and investors need to be aware that adverse enforcement actions could affect their investments and that Marap
--->harm's ability to access private and public capital could be affected and or could not be available to support continuin
--->g operations. Marapharm's business is conducted in a manner consistent with state law and is in compliance with licensin
Copies of licenses are posted on Marapharm's website. Marapharm has internal compliance procedures in place and has comp
--->liance focused attorneys engaged in jurisdictions to monitor changes in laws for compliance with US federal and state la
--->w on an ongoing basis. These law firms inform any necessary changes to our policies and procedures for compliance in Can
--->ada and the US.
FORWARD - LOOKING STATEMENTS:
Certain statements contained in this news release constitute forward looking statements. The use of any of the words "an
--->ticipate", "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 ot
--->her 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 prove to be co
--->rrect and the forward-looking statements included in this news release should not be unduly relied upon.
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