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MPX Bioceutical Corp. (MPXEF)

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Last Post: 1/22/2019 6:21:47 PM - Followers: 111 - Board type: Free - Posts Today: 3


 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
#1296   Owen Sound, Ontario Canada Facility??? gosox12 01/22/19 06:21:47 PM
#1295   Nice article, well worth the read. Rockhall 01/22/19 05:56:33 PM
#1294   Analyst Predicts 'Buckle Your Seatbelt' Revenue Growth for iAnthus greenwillow 01/22/19 04:23:51 PM
#1293   https://www.prnewswire.com/news-releases/mpx-receives-final-court-approval-for-a Joecanada13 01/19/19 04:30:56 PM
#1292   iAnthus Capital Rated New Outperform at Northland; PT greenwillow 01/18/19 09:06:04 AM
#1291   'It's Our Turn Now For Wealth Creation,' iAnthus Sunblazers 01/16/19 08:47:18 PM
#1290   Wonderful world of the otc....shady at best! Sunblazers 01/15/19 10:00:59 PM
#1289   The cheaper mpx pps the better... greenwillow 01/15/19 08:58:21 PM
#1288   It gets approved and we finish red? Does RigorousGains 01/15/19 08:47:56 PM
#1287   Nice! Thanks for the link... Drugdoctor 01/15/19 06:55:11 PM
#1286   https://ir.mpxbioceutical.com/press-releases/detail/72/mpx-securityholders-overwhelming-approve-tran Sunblazers 01/15/19 06:18:33 PM
#1285   Wow 98%? Can you link that info please... Thx Drugdoctor 01/15/19 04:14:48 PM
#1284   It happened today. 98% yes in favor of Sunblazers 01/15/19 02:42:24 PM
#1283   Yeah when does it get approved and our brandao 01/15/19 01:04:55 PM
#1282   Staying strong. 2 new processors va/nj emit 01/14/19 04:00:09 PM
#1281   1.0 over by Wednesday? RigorousGains 01/14/19 12:04:11 PM
#1280   Over 1$ here we go! Joecanada13 01/14/19 11:19:51 AM
#1279   When is the approval for the buyout anyone? RigorousGains 01/11/19 12:11:08 PM
#1278   What's up with the resistance at .719?? Smoothsailor 01/11/19 11:55:20 AM
#1277   iAnthus Capital has a 168 per cent upside, greenwillow 01/10/19 08:16:34 PM
#1276   iAnthus Capital eyes U.S. growth after MPX acquisition greenwillow 01/08/19 01:31:09 PM
#1275   Most undervalued mj ticket. Joecanada13 01/08/19 01:21:59 PM
#1274   Wow!! I can't believe I found this ticker StocksNcash 01/08/19 01:14:12 AM
#1273   Alright! nice emit 01/08/19 12:44:13 AM
#1272   Nice!! Big W for mpx Joecanada13 01/07/19 01:49:35 PM
#1271   Best in show!!! Sunblazers 01/07/19 01:40:26 PM
#1270   Slow and steady. MPX will prevail. Joecanada13 01/07/19 11:38:23 AM
#1269   Still cheaper to buy mpx at these levels....if greenwillow 01/07/19 10:52:45 AM
#1268   Dec12.." Under the terms of the Arrangement, frontloading 01/07/19 12:02:14 AM
#1266   I'm in for the long hall!!! And StocksNcash 01/05/19 03:01:31 PM
#1265   For MPEXF shareholders, we will not getting $ gringojoe 01/05/19 05:04:16 AM
#1264   Through your brokerage and via shareholders meeting. emit 01/05/19 01:14:53 AM
#1263   Hello, I am a shareholder of MPX CN. Tiriti 01/04/19 01:58:39 PM
#1262   More News! https://ir.mpxbioceutical.com/press-releases/detail/71/mpx-announces- StocksNcash 01/03/19 05:43:04 PM
#1261   NEWS!! https://www.ftmig.com/cannabis/iss-and-glass-lewis-recommend-mpx-security Jdoggg 01/03/19 10:58:08 AM
#1260   I just keep adding to my stash here. Joecanada13 01/03/19 03:05:51 AM
#1259   YES, YES & YES, looking forward to the greenwillow 01/02/19 12:06:19 PM
#1258   Sounds like a premium buyout price. Goodbuddy4863 01/02/19 01:37:42 AM
#1257   i voted yes on all. penny millionare 01/02/19 12:23:51 AM
#1256   I'm voting yes. We get a better share Pugetsounder1 01/01/19 07:42:49 PM
#1255   Pigs get fat...and hogs get slaughtered! Sunblazers 01/01/19 06:59:23 PM
#1254   I agree. Should get more ianthus shares per brandao 12/31/18 10:32:28 AM
#1253   I have sent a message to investor relations caryPT 12/29/18 12:30:51 PM
#1252   I looked over the agreement to combine the caryPT 12/29/18 12:19:32 PM
#1251   After the major price declines...I dont think TraderJoe03 12/29/18 10:38:40 AM
#1250   Anyone else get an email to vote on TraderJoe03 12/29/18 10:31:12 AM
#1249   Does anyone know the date one needs to davidlhosler 12/27/18 03:28:46 PM
#1248   The medical marijuana dispensaries that MPXEF is busy pinhigh 12/27/18 05:54:30 AM
#1247   Took a position today. 2019 going to caryPT 12/26/18 06:35:21 PM
#1246   Cheapies today golfndude 12/21/18 01:47:45 PM