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MPX Bioceutical Corp. (MPXEF)

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Last Post: 7/17/2018 3:24:17 PM - Followers: 84 - Board type: Free - Posts Today: 4

 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
#686   It seems people are following the old "sell Nickftw 07/17/18 03:24:17 PM
#685   What is going on!? Good PR and BR15 07/17/18 11:07:27 AM
#684   Nice! TheMonolith 07/17/18 10:56:59 AM
#683   MPX Secures Approval to Open First Managed Dispensary jcamp212 07/17/18 10:52:53 AM
#682   Why the 6 month delay on the Health gosox12 07/14/18 06:49:35 PM
#681   revenue ramp up is happening. AZ supreme court caryPT 07/13/18 08:11:15 PM
#680   Should be next week I think. The TheMonolith 07/12/18 02:24:45 PM
#679   Any week now. greenwillow 07/12/18 02:20:50 PM
#678   If I recall, aren't MPX's financials expected around mid-July? TheMonolith 07/12/18 10:11:38 AM
#677   What's the hold up with the Health Canada gosox12 07/09/18 11:43:23 PM
#676   Leafy article re: AZ caryPT 07/08/18 12:25:42 PM
#675   MPX response to AZ ruling will be small caryPT 07/08/18 11:46:31 AM
#674   i think the AZ supreme court will overturn caryPT 06/28/18 06:53:40 PM
#673   Those folks effected by the court ruling will caryPT 06/28/18 06:39:29 PM
#672   had to stop reading that nonsense...these people that Mandofellow 06/28/18 11:28:09 AM
#671   i was surprised by the ruling.... considered selling caryPT 06/27/18 08:07:51 PM
#670   right, I was considering buying more. but lazur 06/27/18 10:59:15 AM
#669   Won’t last long. brandao 06/27/18 10:44:50 AM
#668   Bad news for MPXEF. Not 100%, but TheMonolith 06/27/18 09:54:36 AM
#667   I didn't get the memo. May have some drew5 06/27/18 09:46:41 AM
#666   Slower than anticipated rollout in Massachusetts unfortunately. TheMonolith 06/27/18 09:43:03 AM
#665   Why the selloff what did I miss. drew5 06/27/18 09:33:25 AM
#664   MPX.CA strong follow though today with blue sky TrendTrade2016 06/25/18 07:18:17 AM
#663   What kind of timeframe would you think to Setanta 06/25/18 07:08:21 AM
#662   MPXEF Daily and Weekly Chart are absolutely stunning. TheMonolith 06/23/18 12:32:40 PM
#661   MPX is in a great position and the TheMonolith 06/23/18 12:29:18 PM
#660   next stop we test the top at 1.18 canadian TrendTrade2016 06/23/18 05:58:57 AM
#659   MPX.CA breaking out. Beautiful set up here ....very TrendTrade2016 06/23/18 05:58:52 AM
#658   Scott Boyes said they were making $5m a Nickftw 06/22/18 09:31:47 PM
#657   Not yet. I've been eyeing this for as MRE1980 06/22/18 09:25:57 PM
#656   Too optimistic...that won’t be the case. The more PINKribbon 06/22/18 09:15:50 PM
#655   It looks like we might be experiencing a Nickftw 06/22/18 08:26:02 PM
#654   Is this your biggest holding. drew5 06/22/18 06:19:27 PM
#653   In case anyone is wondering what the overall MRE1980 06/22/18 05:21:18 PM
#652   Possible pending transaction to license their MPX extracts PINKribbon 06/22/18 04:21:56 PM
#651   California PINKribbon 06/22/18 04:15:24 PM
#650   strong volume today on this little jewel. caryPT 06/22/18 04:12:57 PM
#649   Just hoping CA update is good...can’t wait to PINKribbon 06/22/18 03:54:58 PM
#648   Solid day here and liberty. greenwillow 06/22/18 03:46:55 PM
#647   Be still my heart TheMonolith 06/22/18 03:20:50 PM
#646   Would be nice to break .76 into the TheMonolith 06/22/18 12:23:17 PM
#645   Just add that MPXEF is operating within the Scaling 06/21/18 12:01:12 PM
#644   I would think that Mass will quickly add TheMonolith 06/21/18 11:52:39 AM
#643   I agree. When you consider that the 4th Scaling 06/21/18 11:50:38 AM
#642   I hope so! I have been loading up Scout72 06/21/18 11:48:30 AM
#641   MPXEF is poised and ready for takeoff. TheMonolith 06/21/18 11:36:42 AM
#640   Thanks Scaling, appreciate hearing that. Looks like TheMonolith 06/21/18 10:50:45 AM
#639   I really do like this stock and I Scaling 06/21/18 10:40:59 AM
#638   He was responding to my question about the Nickftw 06/20/18 10:52:23 AM
#637   Boyes former Supreme executive?...what? PINKribbon 06/20/18 08:37:09 AM