Marapharm Ventures Inc. (MRPHF) declares success during California regulatory transition

Marapharm Ventures Inc. (Mrphf) Declares Success During California Regulatory Transition

Marapharm Ventures Inc. declares success during California regulatory transition at its dispensary in Desert Hot Springs

Marapharm Ventures Inc. (MDM.CN) (MRPHF) (2M0.F) (“Marapharm” or the “Company”) is pleased to report that Green Leaf Wellness Dispensary made profitable progress during the six-month California regulatory transition period to MAUCRSA (Medicinal and Adult-Use Cannabis Regulation and Safety Act). During the transition period, January 1, 2018 to June 30, 2018 , cannabis businesses were forced to sell their inventory of noncompliant flower, edibles and concentrates before the new stringent regulations of July 1, 2018 ; after which date all noncompliant products would have to be destroyed. Management and staff at Green Leaf Wellness Dispensary took exemplary measures to prepare for the new regulations and have shown increase to profits and higher traffic volumes. Our Manager was pre-emptive, placing orders for compliant product well in advance and ensuring its...



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