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MPX Bioceutical Corp. (MPXEF)

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Last Post: 4/20/2018 11:43:59 AM - Followers: 63 - 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
#67  Sticky Note Fantastic CEO video..thx! frontloading 11/08/17 08:38:53 PM
#547   MPX has its concentrate- Melting Point Extracts, which Aurelio7 04/20/18 11:43:59 AM
#546   MPX is producing revenues and ramping up revenues. caryPT 04/19/18 10:44:06 PM
#545   I agree good purchase- as legalization happens all catdaddyrt 04/18/18 01:10:06 PM
#544   Canada already has massive players catdaddyrt 04/18/18 01:07:26 PM
#543   Good use of shares as a currency for Aurelio7 04/18/18 04:46:22 AM
#542   100%!!! Suspect it will get rolled up in Aurelio7 04/18/18 04:43:22 AM
#541   Canveda is already licensed and selling . Conservatively Thevipervenom 04/17/18 11:16:12 PM
#540   3 million cash. They have a plan. Thevipervenom 04/17/18 11:08:21 PM
#539   Thanks bro. That’s obvious. That’s why i said brandao 04/17/18 08:16:04 PM
#538   I apologise for misspellings, autocorrect is brutal 1990 04/17/18 04:09:46 PM
#537   It is dumb, you just said "better to 1990 04/17/18 04:08:15 PM
#536   Not that dumb. Ontario is ruled by way brandao 04/17/18 03:45:36 PM
#535   That was a dumb statement. It's about ROI. 1990 04/17/18 03:27:42 PM
#534   That’s whack. Canada already has massive players. Don’t brandao 04/17/18 03:19:29 PM
#533   How Is this Thevipervenom 04/17/18 01:00:20 PM
#532   MPX Signs a Letter of Intent to Acquire catdaddyrt 04/17/18 08:06:05 AM
#531   20k shares. Hoping to sell at $5-$10 in brandao 04/16/18 04:02:05 PM
#530   I'm in baby Thevipervenom 04/16/18 10:02:27 AM
#529   Nothing here but building a solid company - catdaddyrt 04/16/18 08:50:28 AM
#528   Usually pump and dump stocks get overwhelming posts Brooklyn75 04/15/18 11:16:32 PM
#527   Thats why this is the best play blindjohn 04/15/18 09:32:27 PM
#526   Agree, MPX shares tucked tightly under my pillow.. frontloading 04/15/18 03:41:38 PM
#525   Very surprised this board isn't more active, MPX simbaba 04/15/18 11:01:56 AM
#524   Best looking chart in canada bio/ weed space. blindjohn 04/14/18 07:51:52 PM
#523   MPX Bioceutical check out the updated MPX 'mind GM26 04/14/18 06:40:42 PM
#522   Great things happening here, took a position yesterday GM26 04/14/18 03:28:36 PM
#521   Good things happening with MPX! frontloading 04/14/18 10:49:00 AM
#520   MPX.CA one of the better US weed plays!!! TrendTrade2016 04/14/18 06:44:04 AM
#519   Finalllllllly baby. brandao 04/13/18 07:49:34 PM
#518   Awesome day here, got in at .63, will GM26 04/13/18 05:23:36 PM
#517   Great mind map providing a visual representation of Aurelio7 04/13/18 06:16:24 AM
#516   it just keeps getting better and better.... $$$ caryPT 04/12/18 06:40:45 PM
#515   MPXEF NEWS...Granted Priority Status in Fall River Massachusetts bob cox 04/12/18 10:40:03 AM
#514   It's a big market!!! Aurelio7 04/12/18 04:16:42 AM
#513   i will buying 40k shares tomorrow keep your 1of3 04/11/18 05:49:24 PM
#512   this is good news for MPX - Boehner lazur 04/11/18 11:21:10 AM
#511   Morning Star rates undervalued: caryPT 04/10/18 01:12:41 PM
#510   i made a large stock purchase today and caryPT 04/10/18 12:48:11 PM
#509   FDA seeks public input on whether cannabis, CBD caryPT 04/10/18 12:00:44 PM
#508   More News Today..Another Upgrade to Buy... bob cox 04/10/18 11:37:34 AM
#507   You're right that is very good news. Aurelio7 04/10/18 03:48:32 AM
#506   Great news!! caryPT 04/09/18 08:04:37 PM
#505   Mpx Will be one of the most profitable 1of3 04/09/18 12:26:13 PM
#504   What the heck!!!?!? Joecanada13 04/06/18 01:56:22 PM
#503   You are so right! Banking is a big Aurelio7 04/05/18 05:37:08 AM
#502   The revenue ramp up is just beginning and caryPT 04/03/18 09:30:21 PM
#501   Should be today - financials should be much catdaddyrt 04/03/18 09:54:09 AM
#500   Yes and it will continue to get better imo catdaddyrt 04/03/18 09:12:29 AM
#499   Ok last post sorry im excited 1of3 04/03/18 08:43:28 AM
#498   If there are people Who you Care about 1of3 04/03/18 08:36:20 AM