TORONTO, Oct. 12, 2018 (GLOBE NEWSWIRE) — MPX Bioceutical Corporation (“MPX” or the “Company”) (CSE: MPX; OTC: MPXEF) today appear that it opened its new Bloom for Life berth in Baltimore, Maryland which is amid at 6807 Rolling Mill Rd Baltimore, Maryland 21224. The dispensay is operated by MPX’s aberrant wholly-owned subsidiary, S8 Administration LLC, through its management acceding with GreenMart of Maryland, LLC (“GreenMart MD”), which is accustomed to accomplish and advertise medical cannabis articles in Maryland. This is the Company’s added berth in Maryland, afterward the aperture of its flagship Bloom for Life berth in Bethesda, in August 2018. Bloom for Life Baltimore is accessible to patients Sunday through Saturday. Operating hours can be begin in the Bloom for Life website.
The dispensary, which follows MPX’s southwest berth staples of nut accents, rustic copse bank and fleet dejected walls, is set to acceptable upwards of 100 patients during aperture week, with accomplished consultants readily accessible to admonish on all things cannabis. Maryland residents, who are accustomed medical cannabis patients, will accept admission to flower, topicals, concentrates and added forms acceptable beneath Maryland regulations.
“The Baltimore association is no drifter to the plant, but now seeks holistic, abundant bloom care,” said Julie Winter, Senior Vice President of East Coast Operations, MPX. “The arrangement of articles and casework offered by the Bloom for Life cast makes the abundance added than aloof a medical cannabis dispensary, but rather a reliable cast that patients can go to for constant anesthetic and apprenticeship about the bulb as it becomes mainstream.”
The Bloom for Life berth is amid in a high-traffic breadth of Baltimore, Maryland, anchored off of North Point Road in the association of Colgate. Aural 2 afar of the area sits Johns Hopkins Bayview Medical Center, a teaching hospital aural the apple acclaimed John Hopkins Bloom System. GreenMart MD and MPX’s ‘Health for Life’ berth are accustomed and accurate by the association leaders of Colgate.
About MPX Bioceutical Corporation
MPX, through its wholly-owned subsidiaries in the U.S., provides abundant management, staffing, procurement, advisory, financial, absolute acreage rental, acumen and authoritative casework to three alleviative cannabis enterprises in Arizona operating beneath the Bloom for Life (dispensaries) and the award-winning Melting Point Extracts (high-margin concentrates wholesale) brands. The acknowledged Bloom for Life cast operates in the rapidly growing Phoenix Metropolitan Statistical Area. With the accretion of The Holistic Center, MPX added accession operating medical cannabis action to its cast in Arizona.
GreenMart of Nevada NLV, LLC (“GreenMart NV”) is an accolade acceptable accountant cultivation, assembly and broad business, accountant for both the medical and “adult use” sectors in Las Vegas, Nevada, and is already affairs broad into the Nevada medical cannabis market. GreenMart NV has additionally optioned acceptable locations and intends to access the higher-margin retail amphitheatre by applying for at atomic two berth licenses in the Las Vegas bazaar which will accomplish beneath the “Health for Life” brand.
In Massachusetts, MPX is architecture out and will accomplish a agronomics and assembly ability as able-bodied as up to three dispensaries and manages three abounding account dispensaries and one ambassador in Maryland.
In Canada, MPX has acquired Canveda, which has accustomed its agronomics authorization from Bloom Canada, will accomplish a agronomics and assembly ability in Peterborough, Ontario. The Company additionally leases a acreage in Owen Sound, Ontario, for which an appliance to Bloom Canada has been fabricated for a cannabis assembly and sales license. In addition, the Company will abide its efforts to advance its bequest nutraceuticals business.
Cautionary Account Regarding Forward-Looking Information
This account absolution includes assertive “forward-looking statements” beneath applicative Canadian balance legislation that are not absolute facts. Advanced statements absorb risks, uncertainties, and added factors that could account absolute results, performance, prospects, and opportunities to alter materially from those bidding or adumbrated by such advanced statements. Advanced statements in this account absolution include, but are not bound to, MPX’s objectives and intentions. Advanced statements are necessarily based on a cardinal of estimates and assumptions that, while advised reasonable, are accountable to accepted and alien risks, uncertainties and added factors which may account absolute after-effects and approaching contest to alter materially from those bidding or adumbrated by such advanced statements. Such factors include, but are not bound to: accepted business, bread-and-er and amusing uncertainties; litigation, legislative, ecology and added judicial, regulatory, political and aggressive developments; adjournment or abortion to accept board, actor or authoritative approvals; those added risks set out in MPX’s accessible abstracts filed on SEDAR at www.sedar.com; and added affairs discussed in this account release. Although MPX believes that the assumptions and factors acclimated in advancing the advanced statements are reasonable, disproportionate affirmation should not be placed on these statements, which alone administer as of the date of this account release, and no affirmation can be accustomed that such contest will action in the appear time frames or at all. Except area appropriate by law, MPX disclaims any ambition or obligation to amend or alter any advanced statement, whether as a aftereffect of new information, approaching events, or otherwise.
On account of the Lath of Directors
MPX Bioceutical Corporation (formerly The Canadian Bioceutical Corporation)W. Scott Boyes, Chairman, President and CEO
For added information, amuse contact:
MPX Bioceutical Corporation (formerly The Canadian Bioceutical Corporation)W. Scott Boyes, Chairman, President and CEOT: [email protected]
Media Contact:Anne Donohoe KCSA Strategic Communications212-896-1265 [email protected]
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