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Idk. I'm just here for the chart. $MCPI
why don't they have a website?
Monster move coming $MCPI
Lol. Right? Lol? $MCPI
Feels amazing to be in before the crowd $MCPI
You won't be laughing at $1 MCPI
Not for long. If she runs, attention will tighten it. 20 bags possible imo MCPI
That's a nasty bidxask spread though o.0
Something brewing?! MCPI
Interesting possibliities here.
Med-Cannabis Pharma, Inc. is poised to see significant top-line growth on a quarter-over-quarter basis. Technical420 has initiated coverage on MCPI and we will be monitoring how the company executes on this rapidly growing market,” states Michael Berger, Founder of Technical420 Research Firm. “Recent share price weakness coupled with improving financials has put MCPI on our radar
http://med-cannabispharma.com/news/med-cannabis-pharma-inc-acquires-colorado-dispensary-and-grow-facility/
Med-Cannabis Pharma is in the business of operating retail stores whose principal products involved medically prescribed marijuana.
The Company has multiple stores in Oregon and sells a wide variety of infused oils, edible, and smokable bud products.
The Company intends to continue expansion in Oregon, both through the opening of new stores and the acquisition of existing dispensaries. The Company is seeking the site for an Oregon growing facility which it hopes will provide a hi-quality...
http://www.otcmarkets.com/stock/MCPI/profile
Reporting Status U.S. Reporting: SEC Reporting
Audited Financials Audited
Latest Report Sep 30, 2015 10-Q
Market Value1 $3,319,542 a/o Jan 26, 2016
Authorized Shares 500,000,000 a/o Aug 14, 2012
Outstanding Shares 50,220,000 a/o May 19, 2015
http://www.otcmarkets.com/stock/MCPI/profile
Boom Big Green Day 0.13 0.0639 (96.67%)
$MCPI recent news/filings
bullish
charts that are focused on long term growth and are not affected by earnings reports
## source: finance.yahoo.com
Thu, 09 Jul 2015 10:02:15 GMT ~ MED-CANNABIS PHARMA, INC. Files SEC form 8-K, Other Events
read full: http://biz.yahoo.com/e/150709/mcpi8-k.html
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Tue, 07 Jul 2015 19:00:25 GMT ~ MED-CANNABIS PHARMA, INC. Files SEC form 8-K, Changes in Registrant's Certifying Accountant
read full: http://biz.yahoo.com/e/150707/mcpi8-k.html
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Wed, 01 Jul 2015 12:00:00 GMT ~ MCPI Finalizes Joint Venture Grow Facility in Lane County, Oregon
[Accesswire] - BEND, OR / ACCESSWIRE / July 1, 2015 / Med-Cannabis Pharma, Inc. (PINKSHEETS: MCPI) is pleased to announce the completed deal to create a high quality grow facility in the state of Oregon. In the last ...
read full: http://finance.yahoo.com/news/mcpi-finalizes-joint-venture-grow-120000352.html
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Mon, 29 Jun 2015 12:00:00 GMT ~ MCPI Dispensaries Positioned to Take Advantage of Early Legal Sales to Recreational Cannabis Consumer
[Accesswire] - BEND, OR / ACCESSWIRE / June 29, 2015 / Med-Cannabis Pharma, Inc. (PINKSHEETS:MCPI) is pleased to announced the Joint Marijuana Committee of the Oregon legislature has unanimously passed an amendment, ...
read full: http://finance.yahoo.com/news/mcpi-dispensaries-positioned-advantage-early-120000348.html
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Fri, 12 Jun 2015 17:04:09 GMT ~ MED-CANNABIS PHARMA, INC. Financials
read full: http://finance.yahoo.com/q/is?s=mcpi
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$MCPI charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$MCPI company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/MCPI/company-info
Ticker: $MCPI
OTC Market Place: OTC Pink Current
CIK code: 0001516559
Company name: Med-Cannabis Pharma Inc.
Company website: http://med-cannabispharma.com/
Incorporated In: NV, USA
Business Description: Med-Cannabis Pharma is in the business of operating retail stores whose principal products involved medically prescribed marijuana. The Company has multiple stores in Oregon and sells a wide variety of infused oils, edible, and smokable bud products.The Company intends to continue expansion in Oregon, both through the opening of new stores and the acquisition of existing dispensaries. The Company is seeking the site for an Oregon growing facility which it hopes will provide a hi-quality, competitively priced product as well as provide proprietary branding opportunities.While the Company completely believe in it's Oregon/Medical strategy it is currently studying expansion opportunities both in the recreational marijuana space and in states other than Oregon.Less >>
$MCPI share structure
## source: otcmarkets.com
Market Value: $17,519,493 a/o Jul 27, 2015
Shares Outstanding: 50,070,000 a/o Aug 12, 2014
Float: Not Available
Authorized Shares: 500,000,000 a/o Aug 14, 2012
Par Value: 0.0001
$MCPI extra dd links
Company name: Med-Cannabis Pharma Inc.
Company website: http://med-cannabispharma.com/
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/MCPI/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/MCPI/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=MCPI+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=MCPI+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=MCPI+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/MCPI/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/MCPI/news - http://finance.yahoo.com/q/h?s=MCPI+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/MCPI/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/MCPI/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/MCPI/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/MCPI/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/MCPI/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/MCPI/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/MCPI/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/MCPI/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=MCPI+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/MCPI
DTCC (dtcc.com): http://search2.dtcc.com/?q=Med-Cannabis+Pharma+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Med-Cannabis+Pharma+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Med-Cannabis+Pharma+Inc.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://med-cannabispharma.com/
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://med-cannabispharma.com/#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://med-cannabispharma.com/
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/MCPI/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/MCPI
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/MCPI/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/MCPI/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/MCPI/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001516559&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/MCPI/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/MCPI/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/MCPI/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/MCPI/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=MCPI&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=MCPI
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/MCPI/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=MCPI+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=MCPI+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=MCPI
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=MCPI
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=MCPI+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/MCPI/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=MCPI+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/MCPI.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=MCPI
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/MCPI/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/MCPI/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/MCPI/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/MCPI/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/MCPI
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/MCPI
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/MCPI:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=MCPI
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=MCPI
$MCPI DD Notes ~ http://www.ddnotesmaker.com/MCPI
New auditor....Item 4.01 Changes in Registrant’s Certifying Accountant.
Item 4.01 Changes in Registrant’s Certifying Accountant.
1. Previous Independent Registered Public Accounting Firm.
On July 3, 2015, the Board of Directors of Med-Cannabis Pharma, Inc. (the “Company”) dismissed its independent registered public accounting firm, M&K CPAS, PLLC (“M&K”). On July 3, 2015, the Company approved the engagement of Bongiovanni & Associates, PA (“Bongiovanni”) as its new independent registered public accountants.
The reports of M&K on the Company’s consolidated financial statements as of and for the fiscal years ended December 31, 2014 and 2013 did not contain an adverse opinion or a disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope or accounting principles except as to a going concern qualification. During the fiscal years ended December 31, 2014 and 2013, and the subsequent interim period through July 2, 2015, there were no (i) “disagreements” (as that term is defined in Item 304(a)(1)(iv) of Regulation S-K) with M&K on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to M&K’s satisfaction, would have caused M&K to make reference to the subject matter thereof in its reports for such fiscal years and interim period, or (ii) “reportable events” as that term is described in Item 304(a)(1)(v) of Regulation S-K.
The Company provided M&K with a copy of the disclosures made in this Current Report on Form 8-K and requested that M&K furnish it with a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the Company’s statements herein and, if not, stating the respects in which it does not agree. A copy of the letter furnished by M&K is attached as Exhibit 16.1 hereto.
2. New Independent Registered Public Accounting Firm.
On July 3, 2015, the Company engaged Bongiovanni & Associates, PA as its new independent certified public accounting firm to audit the Company’s financial statements for the fiscal year ended December 31, 2015.
During the fiscal years ended December 31, 2014 and 2013, and the subsequent interim period through July 2, 2015, neither the Company nor anyone on its behalf consulted with Bongiovanni regarding (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements, and no written report or oral advice was provided to the Company that Bongiovanni concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue; or (ii) any matter that was either the subject of a “disagreement” (as that term is defined in Item 304(a)(1)(iv) of Regulation S-K) or a “reportable event” (as that term is described in Item 304(a)(1)(v) of Regulation S-K).
I'm new to this one. What is the good, bad and ugly on it?
04/16/2015 13:16:16 Financial Status Change Delinquent = E 04/20/2015 00:00:00 MCPI Med-Cannabis Pharma Inc Common Stock OTCBB
Details
Previous Value Current Value
Symbol MCPI MCPIE
Issue Name Med-Cannabis Pharma Inc Common Stock Med-Cannabis Pharma Inc Common Stock
Class
Maturity Date
Market Category OTCBB OTCBB
Unit of Trade 100 100
Regulatory Transaction Fee Yes Yes
Financial Status Indicator E
Current Value
Daily List Date 04/16/2015 13:16:16
Event Type Financial Status Change Delinquent = E
Effective/Execution (Eff/Ex) Date 04/20/2015 00:00:00
Subject to Corporate Action
Offering Type No Restrictions
Daily List Comment
BEND, OR / ACCESSWIRE / April 7, 2015 / Med-Cannabis Pharma, Inc. (OTCQB: MCPI) announced that they have received approval for registration from the Medical Marijuana Dispensary Program (MMDP) for its new Lane County dispensary location.
Accomplishing this step renders this locations ability to open for business squarely on MCPI’s ability to meet the minimum requirements for a successful onsite assessment by the MMDP. Consistent with the forward looking planning and execution of MCPI’s concepts for this location, many of these requirements were being addressed as early as January of 2015.
Through the operation of its other dispensaries, MCPI is experienced in the MMDP requirements and procedures, giving the confidence to begin the build out of the new dispensary location while the application was being reviewed. By starting this process early; the build out, installation of security systems and safes, and other physical construction requirements, MCPI is in position to cut down on non-operational months of its dispensary that normally occur between registration approval and the final issuance of registration certificates by MMDP.
In addition to these physical requirements, business record, inventory tracking and safety procedures must be in place before MMDP will allow operation. MCPI is especially confident that these procedures will be in place swiftly, based on their in place procedures currently approved and in use at their other operational dispensaries in the state. By continuing to rely on considerable experience in owning and operating dispensaries, MCPI is poised to continue to implement its growth strategies in a bold and efficient manner; maximizing the ability to not only acquire, build and register new dispensary locations, but to successfully shepherd them into the operational and revenue generating stage as soon as possible.
Forward Looking Statements
This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement containing words such as “anticipate,” “seek,” intend,” “believe,” “estimate,” “expect,” “project,” “plan,” or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of cannabis-based drugs. The Company does not undertake any duty nor does it intend to update the results of these forward-looking statements.
For more information please visit us at www.med-cannabispharma.com
Contact Information
GRACIELA MORENO?
President?
Med-Cannabis Pharma, Inc.?
+1 214 666 8364
SOURCE: Med-Cannabis Pharma, Inc.
BEND, OR / ACCESSWIRE / April 7, 2015 / Med-Cannabis Pharma, Inc. (OTCQB: MCPI) announced that they have received approval for registration from the Medical Marijuana Dispensary Program (MMDP) for its new Lane County dispensary location.
Accomplishing this step renders this locations ability to open for business squarely on MCPI’s ability to meet the minimum requirements for a successful onsite assessment by the MMDP. Consistent with the forward looking planning and execution of MCPI’s concepts for this location, many of these requirements were being addressed as early as January of 2015.
Through the operation of its other dispensaries, MCPI is experienced in the MMDP requirements and procedures, giving the confidence to begin the build out of the new dispensary location while the application was being reviewed. By starting this process early; the build out, installation of security systems and safes, and other physical construction requirements, MCPI is in position to cut down on non-operational months of its dispensary that normally occur between registration approval and the final issuance of registration certificates by MMDP.
In addition to these physical requirements, business record, inventory tracking and safety procedures must be in place before MMDP will allow operation. MCPI is especially confident that these procedures will be in place swiftly, based on their in place procedures currently approved and in use at their other operational dispensaries in the state. By continuing to rely on considerable experience in owning and operating dispensaries, MCPI is poised to continue to implement its growth strategies in a bold and efficient manner; maximizing the ability to not only acquire, build and register new dispensary locations, but to successfully shepherd them into the operational and revenue generating stage as soon as possible.
Forward Looking Statements
This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement containing words such as “anticipate,” “seek,” intend,” “believe,” “estimate,” “expect,” “project,” “plan,” or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of cannabis-based drugs. The Company does not undertake any duty nor does it intend to update the results of these forward-looking statements.
For more information please visit us at www.med-cannabispharma.com
Contact Information
GRACIELA MORENO?
President?
Med-Cannabis Pharma, Inc.?
+1 214 666 8364
SOURCE: Med-Cannabis Pharma, Inc.
Wasnt this Scott Sitra's wig company that turned into a Med-Cannabis Pharma company?
Buyer Beware!!
MCPI Enters Oregon's Third Largest OMMP Market with New Retail Location
CARROLLTON, TX / ACCESSWIRE / March 4, 2015 / Med-Cannabis Pharma, Inc. (MCPI) continues the path to expansion and has begun the process of establishing a dispensary in Lane County Oregon. As of January 1, 2015, Lane County has the third most Oregon Medical Marijuana Program (OMMP) patient registrants per county. In order to capitalize on serving and marketing to such a large patient base, MCPI has entered into a retail space lease agreement for an operational Medical Marijuana Dispensary in Lane County.
MCPI has already begun the work and renovations necessary on the structure for the dispensary location, while actively completing and complying with the regulations set forth by the OMMP in order to acquire full accreditation and operating approval. The Company is confident that it will meet all zoning documentation, security requirements, and other measures required to receive a physical certificate of registration from the Oregon Health Authority. Once a certificate has been issued, the Lane County dispensary will be fully operational and ready to serve this large patient base.
The Company will continue to emphasize the branding of its dispensaries, as The Medication Station will become the name of the newest location and the second Med-Cannabis Pharma, Inc. dispensary bearing this title. Through greater exposure and familiarity with The Medication Station name, MCPI intends to garner a brand recognition among its customers for owning distinguished dispensaries that deliver the newest and highest quality products to its customers throughout Oregon.
http://finance.yahoo.com/news/mcpi-enters-oregons-third-largest-150500789.html;_ylt=A0LEVxnZMfdU1qkAERtXNyoA;_ylu=X3oDMTEzOGZ1bDgxBGNvbG8DYmYxBHBvcwMyBHZ0aWQDVklQNTg0XzEEc2VjA3Nj
Forward Looking Statements
This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement containing words such as "anticipate," "seek," intend," "believe," "estimate," "expect," "project," "plan," or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the future U.S. and global economies, the impact of competition, and the Company's reliance on existing regulations regarding the use and development of cannabis-based drugs. The Company does not undertake any duty nor does it intend to update the results of these forward-looking statements.
CARROLLTON, TX / ACCESSWIRE / January 26, 2015 /
Med-Cannabis Pharma, Inc. (MCPI) is is pleased to announce new additions and plans for the New Year, 2015. At the close of 2014, MCPI embarked on a new Joint Venture with Royal Tree Organics to begin a new premier medical marijuana grow facility to produce high quality medicine to market at two of its dispensaries in the state of Oregon. Now at the beginning of the new year MCPI has acquired a new medical marijuana license in the state. This new license creates the opportunity for continued expansion in the market via the opening of an additional dispensary. Currently, MCPI is in the process of building out lease space for occupancy of the dispensary focusing on the area of the Oregon Coast. This location will enhance our ability to bring high quality medicine to market and increase our visibility throughout the state of Oregon. This is in addition to the two dispensaries with currently operating licenses acquired by MCPI last year. By investing in acquiring new licenses MCPI will be able to plan ahead concerning the creation of more dispensaries, which once completed and occupied will have the advantage of an already acquired license. This will allow the dispensaries to begin operation quickly, and decrease the wait time for revenue generation for the company.
In addition to looking forward, the joint venture with Royal Tree Organics remains a high priority and MCPI has already taken steps to ensure its success. Royal Tree Organics (RTO) and its founders Chad Holland and Bryce Davis have the growing and operational expertise and proven track record to produce a high quality medical marijuana product, and MCPI through investments and the joint venture with RTO have begun the crucial step of identifying and procuring a location for the Joint Venture Grow Facility in Oregon. Currently MCPI is in negotiations to finalize the space and location to host the premier grow facility to be operated by the Joint Venture. It is a vital step in realizing the goal of producing the best product to bring to market and is invaluable in light of the acquisition of the new medical marijuana license. As dispensaries and licenses to operate and sell in Oregon increase, the impact of the Joint Venture with RTO will be vital for providing the type of medicinal marijuana that patients need and want. MCPI’s additions in the two key areas of the medical marijuana industry, grow facility and licensed dispensaries will work hand in hand by allowing MCPI to control its business growth and viability in the market without having to be dependent on outside suppliers and dispensaries to generate revenues and returns on investments. In the new year, you can expect to see MCPI and its partners such as RTO to take continued steps to achieving the highest degree of control and certainty in the industry through focused work on its grow facility and expansion of licensed dispensaries in Oregon to sell MCPI’s own superior product.
In anticipation of the company growth, President, Graciela Moreno said “2015 should be very exciting for anyone involved with MCPI!”
http://med-cannabispharma.com/news/oregon-coast-expansion/
Forward Looking Statements:
This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement containing words such as “anticipate,” “seek,” intend,” “believe,” “estimate,” “expect,” “project,” “plan,” or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of cannabis-based drugs. The Company does not undertake any duty nor does it intend to update the results of these forward-looking statements.
CARROLLTON, TX / ACCESSWIRE / January 29, 2015 / Med-Cannabis Pharma, Inc. (MCPI) a public company invested in medical marijuana cultivation and retail distribution applauds the recent decision of the U.S. Security and Exchange Commission. In a move that could bolster investor confidence in businesses engaged in the emerging and growing Legal Marijuana Industry, the U.S. Securities and Exchange Commission has allowed a share registration to proceed for Terra Tech Corp. (TRTC) The revelatory aspect of this registration is that the company’s business model includes cultivation and sale of marijuana. The ease in which this was accomplished, and apparent lack of pushback or action by the SEC could allow similarly situated companies access to the equity market and be seen as a precedent in future registrations of businesses in the legal marijuana industry.
“The decision opens up exciting possibilities for MCPI and offers additional opportunities for investor involvement in such a booming industry,” said Graciela Moreno, CEO of Med-Cannabis Pharma, Inc. “We will continue to be aggressive and grow as we explore, expand, and capitalize on positive policy outcomes such as this.”
MCPI, as most other cannabis related-companies in this emerging market, trades over-the-counter. An SEC registration can open opportunities to these companies for additional financing and adds to the credibility of the companies in this industry. Already, MCPI has shown a strong track record of acquiring and partnering with other medical marijuana operators with the recent purchases of two operating dispensaries, building lease space for another, and beginning a joint venture with Royal Tree Organics on a grow facility. The success of Terra Tech Corp’s. registration with the SEC for listing on a major stock exchange is a positive indicator that could bolster investor confidence in emerging companies by providing a valid avenue for growth without the fear of regulatory obstacles.
http://med-cannabispharma.com/news/mcpi-applauds-secs-green-light-on-cannabis-stocks/
Forward Looking Statements
This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement containing words such as “anticipate,” “seek,” intend,” “believe,” “estimate,” “expect,” “project,” “plan,” or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of cannabis-based drugs. The Company does not undertake any duty nor does it intend to update the results of these forward-looking statements.
The publicly traded company - Med-Cannabis Pharma Inc website is: http://med-cannabispharma.com/
On May 15, 2014, the Board of Directors approved an amendment to its Articles of Incorporation, changing the Company’s name to MED-CANNAIS PHARMA, INC
Please refer to the SEC Filings for detailed information regarding the company's movement in the last 9 months.
http://med-cannabispharma.com/corporate/sec-filings/
looks like this might be their website when I google searched Med-Cannabis Pharma Inc. http://med-cannabispharma.com/
I hope they do keep opening stores. I am only interested in a few MJ stocks and this one is suddenly being mentioned in my investment groups. Most of the people I know are very sceptical about any MJ stocks but this one is above the crowd.
Don't know what this used to be like but from what I can tell MCPI is very real. Locations and now product supply. OTCQB is not where scam Companies play.
CBMJ Introduces Oregon to Cannabis Infused Soda Line - Med-Cannabis Pharma Owned Central Coast ReLeaf Becomes First to Receive Products
Feb 10, 2015
OTC Disclosure & News Service
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WEST PALM BEACH, Fla., Feb. 10, 2015 (GLOBE NEWSWIRE) -- CannaBrands, Inc. (OTCPK:CBMJ) announced that it is introducing five branded flavors of cannabis infused sodas to Oregon's medical marijuana market. Last week CannaBrands www.cannabrands.com launched a line of six marijuana infused sodas for medical distribution in the state of Washington. The sodas will first be available at Med-Cannabis Pharma (OTCQB:MCPI) http://med-cannabispharma.com owned Central Coast ReLeaf located at 1164 SW Coast Highway, Suite B Newport Oregon.
The five cannabis infused soda brands are Silly Citrus, Cheer Root Beer, Orange Frost, Giggle Fruit Punch, and the much anticipated Cheeba Cola. The products will be available at Med-Cannabis Pharma Inc. owned Central Coast ReLeaf beginning Wednesday and will begin rolling out to other outlets by the end of the week.
CEO of CannaBrands, Inc. Mark Schaftlein stated: "The team at CannaBrands has worked diligently to put in place the infrastructure that has allowed the introduction of sodas in two states within a two week period. Working with Med-Cannabis Pharma has been productive and professional in all aspects. The merging of professionally run and properly funded companies to the cottage/craft industry roots of the sector is critical to its overall success."
Med-Cannabis Pharma, Inc. President Graciela Moreno stated: "Access to consistent products over a geographic range has been a challenge resulting in only regionalized offerings from numerous suppliers. Companies that can provide a range of standardized products increases quality control while minimizing overhead. We look forward to furthering our plans of acquiring and bringing value to dispensaries and other strategic endeavors."
Surprised this company is still fooling people. Look out for another pump, "more stores opening". Can't believe they still have pics up of stores they never owned! They never report insider trades.. Someone call the SEC!
read the filings above. Google pump and dump scheme.
Hey John360 how do you or where do you find such info? I'm interested as I'd like to do my DD on many such companies and I think you may enlighten me on the path to follow. Thanks.
scam! company has $37, and $60,000 debt. Still has pictures up on site showing stores it didn't buy, but issues releases saying it did. Couldn't buy Cannabis Hemporium because it failed audit. It wasn't being run up to their standards. Yet they hire the owner of the company to be CEO? Oddly enough he owns most of the stock. hmmm. now they say they are buying more stores! so the stock will bubble again, they will sell, you will lose. They even say they can't maintain operations without $150,000! do diligence people!
Previously, on August 19, 2014, Med-Cannabis Pharma, Inc. (the “Company”) announced that it had opened two medical marijuana facilities in Washington. One is located in Port Townsend and one in Port Ludlow.
As of today, the Company has disassociated itself with operations at both of these facilities. Prior management of the Port Townsend facility failed to follow Company policies and procedures and was insubordinate. As a result, the Company has determined it to be in its best interest to no longer be involved in either of these operations.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
September 18, 2014
MED-CANNABIS PHARMA, INC.
/s/ Graciela Moreno
Graciela Moreno, CEO
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