Replies to post #1087 on Fiore Cannabais Ltd. (FIORF)

[LongNDeep2]

They are a cannabis company not a shampoo company. Could you post the links to that?

WATCH US GROW MRPHF

[LongNDeep2]

Here are the figures...read the PR.

April 18, 2018 - Kelowna, BC
Marapharm Ventures Inc. Enters into a Definitive Agreement to Expand Washington State Operations
Marapharm Ventures, Inc. (CSE: MDM) (OTCQX: MRPHF) (FSE: 2M0) (“Marapharm”, “Company”) announces that the Company has entered into a Definitive Agreement (the “Agreement”), to acquire certain operational assets and, potentially, land and water rights related to two cannabis producers and processors operating in Okanogan County, located in Washington State.

The Agreement provides for the acquisition by Marapharm of certain operational assets useful in connection with cannabis production and processing (including security cameras, fencing, and irrigation systems, as well as leases for the Property and mobile office units) and the right of first refusal to acquire 20 acres of agricultural land, which is well-suited to the production of outdoor cannabis (the “Property”). The Property also has access to two water wells and the right to draw water pursuant to a water rights certificate.

In a parallel process, AlphaPheno (License Number 412104) (“WA Licensee”) has negotiated an option to purchase one tier 2 and one tier 3 production and processing license (the “Licenses”) located on the Property. The acquisition of the Licenses will enable AlphaPheno to produce an additional 40,000 sq. ft. of cannabis plant canopy. The purchase price for the assets and option is 4,000,000 shares of Marapharm Common Stock, equivalent to $2,760,000 CAD at the time of the execution of the LOI (see News Release dated March 26, 2018). The option to acquire the Licenses is subject to regulatory approval by the Washington State Liquor and Cannabis Board.

Marapharm anticipates that the Licenses could produce, for the 2018 grow season, approximately 4,200 pounds of dry cannabis and 933 pounds of bulk trim and shake, at an initial production cost of approximately $500,000.00. All production costs are payable by Company except plant-related expenses, which are payable by the WA Licensee per Washington law. This additional production will further solidify the financial position of AlphaPheno and provide significant additional product to AlphaPheno’s contemplated extraction facility.

Marapharm’s CEO, Linda Sampson, stated, “We have been working diligently to complete our Washington facility and expand the processing features and functions at the site. This will enable our tenant and future tenants to diversify consumer product development and delivery and meet a growing demand. We are mobilizing rapidly to expand the processing capabilities of our Lynden, Washington facility to capture critical market share”.

WATCH US GROW MRPHF

[LongNDeep2]

More info about the MRPHF Washington facility.


Marapharm Ventures Inc. (CSE: MDM) (OTCQX: MRPHF) (FSE: 2M0) ("Marapharm" or the "Company") reported on May 29, 2018 that the Company had closed and acquired operational assets, land and water rights related to two licensed cannabis producers operating in Tonasket, Washington.

The 21-acre site is home to 2 Washington State Liquor Control Board (WSLCB) approved commercial cannabis gardens. They operate under independent Tier 2 and Tier 3, I-502 Outdoor Producer Licenses. The Tier 2 garden is approved for 10,000 sq ft of canopy, the Tier 3 garden is approved for 30,000 sq ft of canopy.

The strains planted are: Green Ribbon, Toxic Green, Kimbo Kush, Purple Diesel, Cookie Puss, Cookie Monster, Blue Dream, Dr Who, Girl Scout Cookie, Gorilla Glue, Gelato, Ogre, Rosaberry, Dutch Treat, Blood Orange, Pineapple Kush, White LSD, GOD, Permafrost, Short Bread and Mendo Purps

https://mma.prnewswire.com/media/726081/Marapharm_Ventures_Inc__Marapharm_Ventures_Inc__Reports_on_produ.jpg

Drone footage and new images will be available at www.marapharm.com under Washington Projects on August 6th, 2018.

Each license and garden must follow the stringent rules set forth by I-502 such as; security, fencing, traceability, employee qualifications and training, destruction of waste, transportation of product, testing, in-depth operation description, products used and soils.

Leading the team of both gardens, is Ian Dykstra, a passionate grower with extensive experience in cannabis cultivation. Ian manages the day-to-day operations of both gardens to ensure maximum efficiency, productivity and quality of the 40,000 sq ft canopy. Working closely with Ian are a team of seasoned cannaculturists.

Ian reports in the last week of May the team planted both gardens, with a culmination of 22 hybrid strains. The Tier 2 garden was planted with 2,160 plants, the Tier 3 garden was planted with 4,860 plants. The 7,020 plants are vibrant, healthy and varying in heights. "The season began with brisk temperatures, but June and July have seen ideal growing conditions with daily averages of 86F and lows of 53F, and the extended forecast looks great. During the next 6 to 8 weeks we will see significant growth."

The initiation to flower using light deprivation is currently underway. Light deprivation, aka light dep, is the process of forcing plants to flower with sunlight in a time of year that is not normally the flowering period of the sun's natural lighting cycle. Similar to controlling the light cycle with a grow light by turning it on and off with a timer, farmers can control the budding cycle by blocking the sunlight, making the plants think it's time to flower. Ian just recently won "Best Light Dep Flower - THC" at the first inaugural 2018 Sun Cup.

Working in synergy with Marapharm`s tenant, Alphapheno, the goal is to process the sun-grown cannabis product at the licenced facility located in Lynden, Washington.

ABOUT MARAPHARM VENTURES INC.

www.marapharm.com

Marapharm is a publicly traded company investing in the medical and recreational cannabis space, since 2014. Marapharm has rapidly expanded to include having cultivation, production and dispensary locations in the key North American states of Washington, Nevada, and California, and are seeking expansion opportunities worldwide.

Just the cold hard facts...7020 plants of...22 different strains......being cultivated by an award winning grower...Sounds promising to me.

GLTA

WATCH US GROW MRPHF