Fiore Cannabais Ltd. (FIORF)

[JellyDonut]

May 24, 2017 Kelowna, BC

Marapharm Ventures Inc. "Marapharm" announces Las Vegas permits have been approved for 2 starter buildings and construction will be underway immediately.

Marapharm announced on May 23, 2017 that 2 modular buildings were on site with occupancy permits and that this temporary measure was done to meet state requirements for recreational marijuana licensing.

The modular buildings will also be used to facilitate the start of genetics that will be used in the 5,000 square foot buildings once they are complete, allowing the company to accommodate for time lost during these delays and advance the timing on cultivation. All permits have finally been approved for the starter buildings and construction is commencing. Once in production, it is estimated that these buildings will be able to generate revenue of $9.9 million per year. Source: market evaluation by Kurt Keating who won two High Times Cannabis Cups in 2014 while cultivating medical cannabis. He has been consulting, evaluating and growing cannabis for several years.