MPX Bioceutical Corp. (MPXEF)

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MPX Secures Approval to Open First Managed Dispensary in Maryland

FULL RELEASE: https://www.dailymarijuanaobserver.com/single-post/2018/07/17/MPX-MPXEF-Secures-Approval-to-Open-First-Managed-Dispensary-in-Maryland


TORONTO, July 17, 2018 -- /D.M.O. Newswire/ -- MPX Bioceutical Corporation (“MPX” or the “Company”) (CSE:MPX) (OTC:MPXEF) announced that final licensing approval was secured from the Maryland Medical Cannabis Commission (“MMCC”) on June 26, 2018 to open the first dispensary in the State of Maryland to be managed by S8 Management, LLC (“S8 Management”), An indirect wholly-owned subsidiary of the Corporation. The dispensary, which is owned by Budding Rose Inc., will operate under the Company’s “Health for Life” brand.



The Health For Life dispensary is located at 4909 Fairmont Avenue, Bethesda, Maryland and will welcome its first patients on Saturday, August 4, 2018 offering special deals throughout the day. The dispensary is equipped to service hundreds of patients per day and has a top-of-the-line point of sale system to serve patients efficiently and adhere to state reporting requirements in real time. It is located in a high-traffic area of downtown Bethesda, Maryland, in close proximity to the Walter Reed Military Medical Center and National Institutes of Health. Bethesda, Maryland is located within the Capital Beltway and is one of the wealthiest and most health conscious communities in the Capital Region.



“According to the MMCC, approximately 32,000 patients are currently certified for use of medical cannabis in Maryland and over 46,000 are signed up to become eligible. With the opening of the Health for Life Bethesda dispensary, we are pleased to further strengthen our first-mover advantage in the state. We have received a warm welcome from local business owners and the wider Bethesda community and look forward to serving patients, providing jobs and contributing to the local economy,” stated W. Scott Boyes, MPX’s Chairman, President and CEO.