Friday, June 30, 2017 8:03:27 AM
June 30, 2017 - Kelowna, BC
Marapharm Ventures Inc. “Marapharm” announces the approval of a marijuana cultivation license for recreational use in Nevada
Marapharm announces that the Department of Taxation, State of Nevada, has approved the application for marijuana for recreational use for 70,000 square feet in Las Vegas, Nevada. The actual license was received by email June 28, 2017 at 7:39 pm.
“Marapharm has a recreation license for cultivation of marijuana. This is a big milestone for us. Recreational sales are legal in Nevada July 1, 2017. As far as we know, Marapharm is the first and only publicly listed company with this level of licensing. We will grow and sell cannabis from the existing modular buildings and will move into the starter buildings when the construction is completed.” Linda Sampson, CEO.
Marapharm currently holds 3 medical marijuana licenses and has made applications for the transition to recreational use for the 290,000 square feet of cultivation and production facility. Two applications remain in the system waiting approval.
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