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MPX Bioceutical Corp. (MPXEF)

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Last Post: 9/25/2018 11:12:11 PM - Followers: 100 - 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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#895  Sticky Note Take a look at the MPX mind map....The greenwillow 09/06/18 07:23:37 AM
#944   i'd like to see some movement on this caryPT 09/25/18 11:12:11 PM
#943   KCSA Strategic Communications' Lewis Goldberg to Moderate "Cannabis PotterBanker 09/25/18 11:45:21 AM
#942   MPX to Participate in Panel at 2018 Cannabis PotterBanker 09/25/18 11:44:34 AM
#941   Massachusetts has provisionally licensed 15 retail marijuana dispensaries. greenwillow 09/20/18 08:34:43 PM
#940   Thanks for the responses. gosox12 09/20/18 07:17:36 PM
#939   I honestly never invested in this company because Nickftw 09/20/18 07:00:35 PM
#938   They are still waiting on it. They are closer, greenwillow 09/20/18 06:48:20 PM
#937   Been asking that same question for months now gosox12 09/20/18 05:29:42 PM
#936   Anyone heard on Owen Sound? JMoriarty 09/20/18 05:23:28 PM
#935   Getting ready for a major breakout. Decimus1 09/20/18 03:22:10 PM
#934   $100M + run rate 2019...she's gonna be a runner greenwillow 09/20/18 02:17:33 PM
#933   This is going to take off at some Decimus1 09/20/18 01:22:27 PM
#932   Next break of 72/73 should get us running TheMonolith 09/20/18 01:00:41 PM
#931   Sell the news. Spikedog 09/19/18 03:22:57 PM
#930   MPX Announces Acquisition of Spartan, a Canadian Veteran greenwillow 09/19/18 10:47:27 AM
#929   Thanks for buying in..I appreciate the SP spike, dog. Nickftw 09/18/18 04:57:28 PM
#928   Bought in this morning, and I am glad Spikedog 09/18/18 02:38:26 PM
#927   MPX Provides Update on GreenMart of Nevada NLV LLC greenwillow 09/17/18 08:33:59 PM
#926   Those low 60s last week were mighty tasty. greenwillow 09/17/18 05:18:03 PM
#925   I've been buying mpx for a top mj greenwillow 09/17/18 05:15:29 PM
#924   I walked the streets nearby using google maps TheMonolith 09/17/18 05:11:49 PM
#923   Looks great. greenwillow 09/17/18 05:09:49 PM
#922   Next leg of potential increase in pps should PINKribbon 09/17/18 05:00:25 PM
#921   Yes , I read the filing and went oldmusky 09/17/18 03:34:25 PM
#920   Great look and location. TheMonolith 09/17/18 02:12:49 PM
#919   Hello OldMusky...absolutely!!! But of course the legal risk is PINKribbon 09/17/18 01:53:15 PM
#918   Health For Life dispensary to open late fall greenwillow 09/17/18 12:49:42 PM
#917   Hey pink, I am looking this over. oldmusky 09/17/18 10:08:29 AM
#916   I would rather prefer they get out of vdb_123 09/15/18 12:02:31 PM
#915   Health Canada License??? gosox12 09/14/18 02:57:30 PM
#914   Good afternoon everyone it appears there are some golfndude 09/14/18 02:21:52 PM
#913 Snowman2 09/13/18 01:46:58 PM
#912   This one's gonna explode Snowman2 09/13/18 01:42:28 PM
#911   Slow and steady. Should see some nice gain greenwillow 09/12/18 10:50:15 AM
#910   What is this? A stock for ants?! MisterEnzo 09/12/18 10:07:38 AM
#909   Converts 9/26...warrants/options PINKribbon 09/11/18 05:24:02 PM
#908   Sector rotation underway and MPX is a standout TheMonolith 09/10/18 03:06:07 PM
#907   Oh there she goes! Joecanada13 09/10/18 02:59:18 PM
#906   Very close to Aurora vdb_123 09/10/18 12:20:43 PM
#905   Yep. Added more today. vdb_123 09/10/18 12:17:33 PM
#904   Good. I'm running out of cash, buying greenwillow 09/10/18 10:15:46 AM
#903   .67 looks like it could be the bottom. TheMonolith 09/10/18 10:11:10 AM
#902   This stock has never traded above $1.00. I Scaling 09/08/18 12:32:07 AM
#901   Possibly. I think 62 63 might greenwillow 09/07/18 02:23:08 PM
#900   I wonder if .65's will be available next week. golfndude 09/07/18 10:26:57 AM
#899   just put another order greenwillow 09/07/18 09:28:56 AM
#898   67 would be a nice gift, if given. TheMonolith 09/07/18 09:27:27 AM
#897   Thanks for the update on the "Map". Scaling 09/07/18 12:12:20 AM
#896   And the scaling in continues...more 71s....geeeeezzzz...can I get greenwillow 09/06/18 08:38:49 PM
#895   Take a look at the MPX mind map....The greenwillow 09/06/18 07:23:37 AM