Fiore Cannabais Ltd. (FIORF)

[JellyDonut]

Marapharm Ventures Inc. "Marapharm" provides updates on construction of Cannabis facilities in Washington

Marapharm announces that demolition within the 30,000 square foot facility located on it's 13.6 acre cannabis campus in Washington State is now finished and renovations will soon be underway. Cultivation and processing of recreational marijuana will resume when construction is complete. Construction photos are posted on marapharm.com.

"In Washington, 30,000 square foot licensed cannabis cultivation facilities can average more than $2 million per month in sales according to www.502data.com. The tier 3 cultivation license will allow for 30,000 square feet of cultivation within the Marapharm facility. Once renovations are complete, base rent revenue of $200,000 per month for facility use are to be paid retroactively to Marapharm as per an agreement with the license holder signed when operations commenced August 1, 2016. In addition, operational and capital costs, as well as performance bonus amounts, will be calculated and are owed to Marapharm." Linda Sampson, Marapharm CEO.

Millions of revenue per month imminent