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MPX Bioceutical Corp. (MPXEF)

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Last Post: 1/17/2018 10:01:01 AM - Followers: 50 - 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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#206  Sticky Note We have expanded into 4 States + Canada N_D_K_Hey 12/26/17 09:09:26 AM
#67  Sticky Note Fantastic CEO video..thx! frontloading 11/08/17 08:38:53 PM
#12  Sticky Note Innovation in cultivation is another focus area. Innoscape 08/08/17 10:48:02 AM
#394   I like this... angeloh 01/17/18 10:01:01 AM
#393   Called CEO late last year. He said Q1 1990 01/16/18 08:18:09 PM
#392   i am expecting .....BIG revenues coming this year! caryPT 01/16/18 08:07:51 PM
#391 axelvento 01/16/18 01:22:43 PM
#390   New CFO 1990 01/16/18 10:59:12 AM
#389   very nice! axelvento 01/16/18 08:08:32 AM
#388   Huge!! Do you know if the CBD oil products JohnCM 01/15/18 06:04:01 PM
#387   MPX Signs Agreement With Israeli Pharmaceutical Company jcamp212 01/15/18 02:05:51 PM
#386   Good news. JohnCM 01/13/18 09:33:54 PM
#385   PROGRESSIVE caryPT 01/13/18 06:26:38 PM
#383   I have another company candidate formthat list. Have toyoungtoretire 01/13/18 08:00:06 AM
#382   Hey there Giegg, been keeping my eye on coydiggity 01/12/18 10:04:27 PM
#381   I am compiling a list in light of JohnCM 01/12/18 09:07:59 PM
#380   Got in today as well. Will be adding toyoungtoretire 01/12/18 08:20:51 PM
#379   Hey Coy - Good to see you over The_Gieggler 01/12/18 08:18:44 PM
#378   HAPPY NEWS!! caryPT 01/12/18 06:47:28 PM
#377   Yee haw! caryPT 01/12/18 05:46:28 PM
#376   This is heading to 1.50 and everyone knows CannabinoidCanada 01/12/18 03:36:35 PM
#375   Believe me, I know what you mean JohnCM 01/12/18 02:58:52 PM
#374   Started a position here today. Potential is tremendous coydiggity 01/12/18 12:32:53 PM
#373   Great day for me. I added to my caryPT 01/12/18 11:35:27 AM
#372   The Boston Herald report and posts here make caryPT 01/11/18 04:13:11 PM
#371   Staties, BPD to feds: We won’t bust bud JohnCM 01/11/18 03:53:23 PM
#370   Yep... angeloh 01/11/18 11:35:33 AM
#369 1990 01/11/18 08:55:41 AM
#368   What you need to know about the Justice JohnCM 01/10/18 11:52:56 PM
#367   Massachusetts is moving forward with legalization. mrd4444mrd 01/10/18 11:32:52 PM
#366   We will see $1.35 here very very soon!!! CannabinoidCanada 01/10/18 02:29:38 PM
#365   Canadian Bioceutical Corp (MPXEF) angeloh 01/10/18 01:02:16 PM
#364   U.S. Attorney Andrew Lelling is on the wrong caryPT 01/08/18 10:25:18 PM
#363   Everyone knows that the state attorney general have 1990 01/08/18 07:28:16 PM
#362   This is new news..he just made the statement today. bob cox 01/08/18 07:14:01 PM
#361   Old news. No one believes it 1990 01/08/18 07:01:58 PM
#360   LOOK OUT BELOW BOSTON,MA.-As the legal marijuana industry bob cox 01/08/18 06:42:20 PM
#359   Could very well be a 10 bagger in 2018-2019 LittleBambi 01/08/18 04:13:55 PM
#358   You got that right my friend... angeloh 01/08/18 03:50:01 PM
#357   MPX a great 2018 stock to park profits frontloading 01/08/18 02:03:07 PM
#356   Thanks Taub ... JohnCM 01/08/18 11:18:47 AM
#355   Thx for posting! frontloading 01/08/18 10:33:51 AM
#354   I think we will be hitting the $1.50 CannabinoidCanada 01/08/18 10:32:17 AM
#353   Great company., Need more Outcast27 01/08/18 09:51:46 AM
#352   NEWS..! angeloh 01/08/18 09:31:06 AM
#351   Big news out taubytaub 01/08/18 08:12:39 AM
#350   I also indulged on mpx dip last week :) Joecanada13 01/07/18 04:10:39 PM
#349   Ya that's prob smartest and safest! Joecanada13 01/07/18 04:09:43 PM
#348   Just go heavy into Horizons or MJX. JohnCM 01/07/18 04:00:59 PM
#347   Just go heavy into Canadian companies with minimal Joecanada13 01/07/18 03:50:24 PM
#346   Man, the commentary on this board sure has Nickftw 01/07/18 03:34:06 PM
#345   Thanks djmurdock 01/07/18 01:58:07 PM
#344   SIZZLING SIX JohnCM 01/07/18 01:54:59 PM