MPX Bioceutical Corp

MPX Bioceutical Corp

MPX Bioceutical Corporation is a multinational diversified cannabis company focused on the medical and adult use cannabis markets.
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MPX Bioceutical Corp News

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About MPX Bioceutical Corp

MPX Bioceutical Corporation is a multinational diversified cannabis company focused on the medical and adult use cannabis markets.

The company has a growing presence in the U.S. with imminent plans for ten dispensaries and four production facilities in four states. It also has a production facility under construction in Canada as well as a pending licence application to Health Canada.

In addition to its well established Melting Point Extracts (MPX) brand, the company’s foundation is built on its profitable operations in Arizona, where it has three fully operational Health for Life dispensaries and The Holistic Center (acquired March 5, 2018) , giving it a total of four dispensaries in this state.

In Nevada, MPX is operating GreenMart, a fully licensed cultivation, production and wholesale cannabis business.

In Massachusetts, the construction of the first of three dispensaries is underway as is construction of a cultivation and processing facility in Falls Rivers.

MPX is also managing three dispensaries and one production facility in Maryland (which are not yet operational) and has options to acquire each facility.

On August 23, 2017, the Company was advised that its application for Licensed Producer status from Health Canada was at the Detailed Review and Initiation of Security Clearance Process stage and has started construction of its 72,342 square foot production facility.

With all production facilities, MPX anticipates that it will have 9 million grams per annum in cultivation capacity and be able to produce 1.2 million grams of concentrates.

Team

SCOTT BOYES
Chairman, Chief Executive Officer and President
DAVID MCLAREN
Chief Financial Officer
BETH STAVOLA
Chief Operating Officer
MARK KRYTIUK
Vice President Grow Operations
MICHAEL ARNKVARN
Executive Vice President Sales & Marketing
JEREMY S. BUDD
General Counsel
JONATHAN CHU
Vice President Accounting
$ 0.92
3.02%
Open:
0.92
High:
0.93
Low:
0.85
Share volume:
348.15 K
Total value:
304.012 K
Market cap:
355.21 M
Symbol:
MPXEF