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MPX Bioceutical Corp. (MPXEF)

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Last Post: 3/16/2018 12:21:33 AM - Followers: 57 - 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
#12  Sticky Note Innovation in cultivation is another focus area. Innoscape 08/08/17 10:48:02 AM
#486   I like it! Buy 50 - 55 I JohnCM 03/16/18 12:21:33 AM
#485   What's your take on this stock John? Brooklyn75 03/15/18 11:25:54 PM
#484   Sector is red. JohnCM 03/15/18 08:52:50 PM
#483   For most part of the day it was Brooklyn75 03/15/18 05:41:05 PM
#482   It cannot be green everyday lol catdaddyrt 03/15/18 05:08:33 PM
#481   Because more shares were sold than bought today. Nickftw 03/15/18 04:32:04 PM
#480   Why is it red today? Brooklyn75 03/15/18 03:17:04 PM
#479   MPX presentation available here: caryPT 03/09/18 07:04:13 PM
#478   Some insight on how the game plan is catdaddyrt 03/08/18 05:54:45 PM
#477   Anyone listen in ? brandao 03/08/18 04:12:42 PM
#476   What are you looking for in the call? N_D_K_Hey 03/08/18 08:40:55 AM
#475   Investor call in the morning catdaddyrt 03/07/18 05:25:06 PM
#474   In @.55 yesterday catdaddyrt 03/06/18 11:23:43 AM
#473   SHARES OUT JohnCM 03/05/18 12:34:05 AM
#472   Buy..... JohnCM 03/04/18 10:58:04 PM
#471   New report out today on MPX BottomDeal 03/04/18 02:38:53 PM
#470   I am curious about this too.. seems to MIKE22CA 03/03/18 08:51:29 PM
#469   Health Canada Final Approval gosox12 03/03/18 05:02:33 PM
#468   Good read!! Spikedog 02/22/18 05:43:56 PM
#466 bud_fox 02/22/18 08:06:05 AM
#465 Click o frontloading 02/18/18 11:22:55 AM
#464   Nice, thx djmurdock 02/14/18 12:49:51 AM
#463   The company is making nice progress on their bob cox 02/13/18 06:27:37 PM
#462   Nice, thanks! djmurdock 02/12/18 03:08:06 PM
#461   Horizons Jr ETF. Pic of holdings here: MPX Nickftw 02/12/18 02:47:57 PM
#460   A couple of new ETFs release this week. Nickftw 02/12/18 02:44:43 PM
#459   Any reason for the jump today? djmurdock 02/12/18 01:46:04 PM
#458   I was in there but that but I Brooklyn75 02/12/18 12:18:46 PM
#457   Here is MPX Bioceutical Corp facebook closed group Spikedog 02/11/18 07:21:24 PM
#456   This clearly explains MPX Bioceutical Corp aggressive growth. Spikedog 02/11/18 07:10:26 PM
#455   3rd largest holding of new ETF: Emerging Growers Index Lavatime 02/11/18 11:08:46 AM
#454   NEWS Salus BioPharma website up and running Spikedog 02/11/18 10:05:38 AM
#453 frontloading 02/10/18 10:07:07 PM
#452   gays/gals, I think we are going to be Spikedog 02/08/18 06:00:48 PM
#451   Agreed 1990 02/08/18 04:33:56 PM
#450   Considering we are trading at around $0.50 USD, Nickftw 02/08/18 04:07:01 PM
#449   Well, we have a large number of outstanding Nickftw 02/08/18 04:05:46 PM
#448   I mean we were already at $1. But brandao 02/08/18 03:37:53 PM
#447   Thanx 1990... angeloh 02/08/18 02:47:49 PM
#446   Gotcha. I guess we had different interpretations 1990 02/08/18 08:13:13 AM
#445   Im not disputing what the ceo is saying brandao 02/08/18 07:29:10 AM
#444   Disagree. After speaking with the CEO I beleive 1990 02/08/18 07:18:09 AM
#443   This won’t really take off for another year brandao 02/08/18 02:06:02 AM
#442   Did ya'll see someone just bought 71,248 @.605 Spikedog 02/07/18 09:51:14 AM
#441   It's a good company with lots of room mrd4444mrd 02/07/18 09:47:02 AM
#440   i agree 100%. this stock is a caryPT 02/06/18 11:26:02 PM
#439   MADDSTACKER and MERCURIAL.... you might want to check Spikedog 02/06/18 08:56:46 PM
#438   I don't follow MPX anymore and refrain from JohnCM 02/06/18 03:54:34 PM
#437   Wonder if there any plans to go to Cali? Spikedog 02/06/18 03:39:49 PM
#436   For the long term there are very few JohnCM 02/06/18 08:04:57 AM