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MPX Bioceutical Corp. (MPXEF)

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Last Post: 6/17/2018 11:06:30 AM - Followers: 81 - Board type: Free - Posts Today: 0

 Editor's note: Canadian Bioceutical Corp is now called MPX Bioceutical Corporation, and previous symbol BCC on Venture Exchange is now MPX on the CSE ( ) and MPXEF on OTC ( ) 


- NEVADA: Cultivation, Production, and Distribution with our acquisition of GreenMart of Nevada LLC

- ARIZONA: Cultivation facility, 2 Health for Life (‘H4L’) Dispensaries, now adding a third dispensary, and its well established MPX Brand 

- MASSACHUSETTS: Wholly-owned subsidiary CGX Life Sciences Inc. has a 51% interest in IMT LLC and Fall River Developments, LLC (“FRD”), two Massachusetts registered companies active in the cannabis space

- MARYLAND: MPX Bioceutical Corporation has entered into non-binding letters of intent to acquire dispensary and production licenses in Maryland 

- ONTARIO: MPX Bioceutical Corporation is developing a 72,342 square foot production facility in Owen Sound, Ontario. Future expansion allows for up to an additional 402,658 square feet for a total of 475,000 square feet 

- MELTING POINT EXTRACTS: MPX brands utilize state of the art extraction equipment and exceptional starting materials to provide best-in-class award winning products, currently offered in Arizona, Nevada and Massachusetts. 

- SALUS BIOPHARMA: MPX Bioceutical Corporation has entered into a binding term sheet to create a joint venture with Panaxia to develop proprietary, smokeless pharma-grade products using cannabis under the Salus BioPharma brand.

CEO Scott Boyes speaks to Canada's Business News Network in Toronto:

Nevada acquisition highlights

Creates strong presence in Las Vegas adult use market with over 42 million visitors annually.
Existing licensees have 12-18 month headstart to establish market share.
Fully operational, fully staffed, state-of-the-art licensed production facility, with capacity to produce 1.6 million grams of dried flower and 85,000 grams of high-margin concentrate.
Operations include production of concentrates, as well as edible and other high-margin infused products.
Company has commenced selling wholesale into the Nevada medical cannabis market, as well as is applying for a dispensary license to enter the higher-margin retail market.
2016 Jack Herrer Cup winner for best hybrid concentrate.
Arcview Market Research projects annual legal cannabis sales in Nevada to grow to an estimated US$630 million by 2020.
Attractive valuation at $19 million:
$9.5 million, non-interest bearing promissory note
$9.5 million in units, each unit, priced at CAD$0.75

Management commentary

“Commencement of sales into the adult use market in Nevada, under the state’s “Early Start Capitalized” program, is anticipated for July of this year, with a 12-18-month early mover advantage for existing licensees,” stated Scott Boyes, CEO. “In order to benefit from the strong revenue and cash flow growth anticipated for GreenMart, we decided to accelerate exercising our option and acquire the company. We anticipate the operations to be materially accretive for revenues and earnings in the current fiscal year. We are delighted to bring GreenMart and its award winning products under the BCC umbrella, and we look forward to reporting on our progress as we continue to execute on our aggressive growth strategy.”

GreenMart is fully staffed and operational, and is extremely well-managed. In developing the Nevada business, we are leveraging the operational and commercial best practices developed at our highly successful Health for Life and MPX brands in Arizona. We anticipate this will accelerate market share development in a potentially very sizeable market with strong barriers to entry. Additionally, the shared operational template facilitates integration.



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MPXEF News: CannaInvestor Magazine - Special Edition February 2018 02/20/2018 12:00:00 PM
MPXEF News: Fired-Up Cannabis Players Ride into 2018 on Year-End High 01/31/2018 08:45:00 AM
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#206  Sticky Note We have expanded into 4 States + Canada N_D_K_Hey 12/26/17 09:09:26 AM
#623   Hello! /r/USWeedstocks on Reddit. Go follow it, where DaveSmashWall 06/17/18 11:06:30 AM
#622   The market is sleeping on MPX and I'm TheMonolith 06/16/18 03:08:02 PM
#621   I don't worry about it but because the TheMonolith 06/16/18 02:55:43 PM
#620   Short term concern?...yes. And the unlock in correlation PINKribbon 06/16/18 06:31:37 AM
#619   MPXEF - Isn't dilution through June 50 cents Emerald77 06/16/18 05:23:25 AM
#618   Great time to keep adding this will take drew5 06/15/18 06:20:08 PM
#617   Steady progress. Growing. Expecting progressive revenue growth. caryPT 06/15/18 05:02:31 PM
#616   Don't they have more promissory notes due already Emerald77 06/14/18 08:56:08 AM
#615   I'm glad that this one is holding up MRE1980 06/14/18 06:46:19 AM
#614   Sooo quiet here. I have a feeling TheMonolith 06/13/18 03:05:23 PM
#613   GTI is going to help highlight MPXEF TheMonolith 06/12/18 04:57:22 PM
#612   Conference call and original DD thoughts... TheMonolith 06/12/18 12:39:47 PM
#611   Oooo nice Joecanada13 06/12/18 10:21:49 AM
#610   absolutely the best weed chart out there!! TrendTrade2016 06/12/18 10:02:25 AM
#609   MPXEF CHART is OMG!!!! Should be TheMonolith 06/12/18 09:59:50 AM
#608   MPX.CA this US weed play getting ready for action!! TrendTrade2016 06/12/18 09:55:13 AM
#607   Lmao have you looked at the chart? With jcoxs 06/12/18 12:29:53 AM
#606   Their conversion price for 25 mil shares is all4weed 06/12/18 12:21:52 AM
#605   Thanks! Is this for the quarterly earnings? Nickftw 06/11/18 04:25:04 PM
#604   CC tomorrow...11:00 am PINKribbon 06/11/18 03:05:00 PM
#603   MPX slow and steady gains. Joecanada13 06/11/18 01:00:29 PM
#602   MPX Completes Acquisition of Canadian Licensed Producer Parttimetrader 06/11/18 08:26:23 AM
#601   Yeah I’d like to think trump saying he’d brandao 06/08/18 03:52:42 PM
#600   Well, between Trump saying the following, and recent lazur 06/08/18 03:18:57 PM
#599   No jcoxs 06/05/18 08:02:06 PM
#598   Did they get an Ohio license ? brandao 06/05/18 07:46:29 PM
#597   That's exactly what I'm starting to believe, as MRE1980 05/29/18 06:03:04 PM
#596   It’s gotta happen to be a player. Good brandao 05/29/18 05:40:09 PM
#595   I saw that too, and my initial response MRE1980 05/29/18 02:52:20 PM
#594   85,208,944 Common Shares issuable upon conversion of Notes PINKribbon 05/29/18 02:40:51 PM
#593   Here is their OTC profile: Nickftw 05/29/18 02:16:31 PM
#592   Hello there. You hit the nail on the MRE1980 05/29/18 01:49:48 PM
#591   “...The proceeds of the Offering will be used PINKribbon 05/29/18 01:23:38 PM
#590   Just be patient ...good things will come from this PINKribbon 05/29/18 01:15:53 PM
#589 Nickftw 05/29/18 01:05:35 PM
#588   Picked up 12k more today....good close today :) PINKribbon 05/23/18 04:05:12 PM
#587   So, no news on Ohio tomorrow until after PINKribbon 05/22/18 03:54:12 PM
#586   Lol to that insane number. brandao 05/21/18 09:19:10 PM
#585   I'm glad to be invested in this growing caryPT 05/21/18 07:53:33 PM
#584   Indeed. This stock price has no business being Nickftw 05/21/18 02:21:28 PM
#583   Boyes said during his summit talk that he Nickftw 05/21/18 02:20:13 PM
#582   Aurora is also going to have like 20x brandao 05/21/18 01:28:10 PM
#581   And Aurora has way more outstanding shares when jcoxs 05/21/18 12:52:18 PM
#580   I thought the same thing about Aurora. Nickftw 05/21/18 12:18:53 PM
#579   It can but it won’t brandao 05/21/18 10:11:24 AM
#578   Cannot get to $10.00 with the current share structure. JohnCM 05/21/18 07:21:46 AM
#577   By 2020 I think you get to that HaloHat 05/21/18 03:35:19 AM
#576   Agree on management. A huge reason this is HaloHat 05/21/18 03:06:03 AM
#575   Same on US side, .65 had bids stacked jcoxs 05/18/18 11:19:57 PM
#574   Next week is definitely the week. The ERTguy 05/18/18 10:13:14 PM