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MPX Bioceutical Corp. (MPXEF)

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Last Post: 11/12/2018 11:26:10 AM - Followers: 109 - 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 ( thecse.com ) and MPXEF on OTC ( otcmarkets.com ) 


- 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
#1187   I'm not sure. I pulled that date from Nickftw 11/12/18 11:26:09 AM
#1186   Why that late? Any reporting company is supposed to Brooklyn75 11/12/18 10:54:27 AM
#1185   Around 11/29. Nickftw 11/12/18 10:18:52 AM
#1184   Anyone knows when Q3 reports coming? Brooklyn75 11/12/18 09:01:45 AM
#1183   Not to mention the discount your currently getting greenwillow 11/11/18 08:35:10 PM
#1182   This is true, but also a nice way greenwillow 11/11/18 07:01:02 PM
#1181   Is there some kind of law that states Nickftw 11/08/18 05:40:35 PM
#1180   Aurora had a spin off company for the brandao 11/08/18 05:27:55 PM
#1179   I cannot verify this claim. Do you have Socar 11/08/18 04:24:41 PM
#1178   I'm almost done with my application to the MRE1980 11/08/18 09:45:24 AM
#1177   Discussing in another group another spin-out: bitcollector 11/08/18 02:40:53 AM
#1176   Here's the link for spinout example: bitcollector 11/08/18 01:48:20 AM
#1175   I agree .I don't remember reading that. drew5 11/08/18 01:22:08 AM
#1174   I'd like to see something official stating that Nickftw 11/08/18 01:09:33 AM
#1173   Loving my 50k shares of mpx Joecanada13 11/08/18 12:18:43 AM
#1172   If you own MPXEF you will not get bitcollector 11/07/18 10:21:29 PM
#1171   Thanks NICK, Awesome news! I believe ITHUF is ali12 11/07/18 09:27:05 PM
#1170   They absolutely will count for MPX International shares Nickftw 11/07/18 08:50:07 PM
#1169   New buyer here as of today. Those mpx ali12 11/07/18 08:48:26 PM
#1168   Keep adding, you will get the International shares too. drew5 11/07/18 07:28:44 PM
#1167   I just came back from checking the ianthus MRE1980 11/07/18 05:52:15 PM
#1166   There are Michigan connections here. We are growing nanook2 11/07/18 03:39:04 AM
#1165   Looking good! Joecanada13 11/05/18 03:16:23 PM
#1164   Thank you for the video! Very Informative. Love LodieJ 11/05/18 02:02:02 PM
#1163   The charting guys do a nice job. Thanks for greenwillow 11/05/18 08:43:23 AM
#1162   Very interesting new 15-minute video here just posted CornellEngineer 11/05/18 12:49:22 AM
#1161   Nice day in a down market and on golfndude 11/02/18 06:46:48 PM
#1160   “The Big Short” Danny Moses: Cannabis Investing is greenwillow 11/02/18 06:34:59 PM
#1159   Recreational marijuana sales to start within two weeks, greenwillow 11/02/18 06:32:22 PM
#1158   That's exactly how I was thinking of it. CornellEngineer 10/29/18 12:29:07 PM
#1157   "contingent upon the share prices of the two greenwillow 10/29/18 12:24:07 PM
#1156   From my understanding I would think they would BpPatriot 10/29/18 12:09:33 PM
#1155   Jumped back into MPX this morning. I CornellEngineer 10/29/18 11:58:51 AM
#1154   Clearly, I need to take a closer look too....ha greenwillow 10/28/18 08:17:48 PM
#1153   Thanks for the response and the kind words, gw...likewise. CornellEngineer 10/28/18 08:01:35 PM
#1152   "Any info on when the lockout period would greenwillow 10/28/18 07:23:34 PM
#1151   That is most definitely huge news. When CornellEngineer 10/28/18 03:51:41 PM
#1150   I believe we'll be bought out partly because emit 10/27/18 04:15:18 PM
#1149   Billionaire Leon Cooperman explains how he ended up greenwillow 10/25/18 05:21:08 PM
#1148   Nobody knows. It all depends on what the Nickftw 10/24/18 03:05:11 PM
#1147   Someone can tell me the output price of tiritos 10/24/18 02:59:12 PM
#1146   Yes, mpx intl will be Canadian and overseas greenwillow 10/24/18 09:29:29 AM
#1145   So the new mpx international .. we’ll be brandao 10/24/18 09:01:55 AM
#1144   Take a closer look at merger. You get approx. greenwillow 10/23/18 10:41:31 PM
#1143   After the merge, it will cut back on TraderJoe03 10/23/18 10:32:50 PM
#1142   The float is too big compared to others golfndude 10/23/18 10:06:23 PM
#1141   I love mpx... greenwillow 10/23/18 08:24:59 PM
#1140   Greenwillow, we are so early to the party. Nickftw 10/23/18 08:21:12 PM
#1139   Marijuana midterms: Why legal weed advocates think 'all greenwillow 10/23/18 08:04:04 PM
#1138   One heck of a ride.... greenwillow 10/23/18 04:58:47 PM