, INC. (OTCQB: $ – CSE: $ ) has been advancing like a superstar, well ahead of most of the rest of the marijuana space. That’s a remarkable feat, considering that the space has been the most aggressively outperforming market segment on planet Earth over recent months. There are a number of company-specific catalysts to look at here, but it’s important to appreciate the scope of the action here.

The chart shows 92% added to share values of the name over the past month of action, and as much as 1200% at peak over the past 3 months. Moreover, the listing has registered increased average transaction volume recently, with the past month seeing over 10,000% over the long run average. That massive jump in attention has been fueled by huge legal catalysts, including the November 8 sector coup that saw 8 US states increase the legality of pot at home.

RELATED: Read the Recent Research Report on MaraPharm Ventures, Inc. $MRPHF

MARAPHARM VENTURES, INC. (OTCQB: $MRPHF – CSE: $MDM ) trumpets itself as a development stage medical marijuana company that focuses on operating in the medical and recreational marijuana industry in Canada and the United States.

The company was formerly known as Capital Auction Market Inc. and changed its name to Marapharm Ventures Inc. in August 2014. Marapharm Ventures Inc. was incorporated in 2007 and is headquartered in Kelowna, Canada. Marapharm Ventures Inc. is a subsidiary of Whitewater Resources Ltd.

Expansion in the Air

The has been perhaps the most important part of this story.

$MRPHF has continued to press into and at a sharp pace. Those are two states that just voted to legalize pot across the board.

In the latter case, the news broke on Tuesday, when the company announced the purchase of the remaining 25% interest in EcoNevada, LLC, a private company based in Las Vegas, Nevada, such that Marapharm now owns 100% of the issued and outstanding shares of EcoNevada. EcoNevada has provisional marijuana licenses and special use permits over 204,000 square feet of cultivation and 16,000 square feet of production.

This story also boils down to the purchase of automated cannabis machines which will be branded “Marapharm ”. The system provides for point-of-sale transactions, inventory management, secure product storage, enhanced availability of product, privacy, and a reduction in labor costs.

“Initially, ACMs will be located within retail outlets or dispensaries in Washington and Nevada. ACMs will stock and only sell Marapharm products in states where Marapharm owns the cultivation facilities and is permitted to act as a retail dispenser. In other areas, the machines will be leased to growers or will occupy floor space in retail outlets and dispensaries under revenue participation agreements.”

MRPHF NEWS: All the information you will ever need on MaraPharm Ventures in here

“We have now completed the deal which was made a year ago, when we purchased control of EcoNevada. The price for the minority position of 25% was 100,000 shares of Marapharm, as agreed to in the original transaction, to suit the needs of the sellers for tax and other reasons. Since recreational use of marijuana has been legalized in the state of Nevada, EcoNevada has increased in value to Marapharm, both as an asset and as a main vehicle to drive revenue in Nevada.” said , CEO of Marapharm.

In the case of California, the company just announced that it has entered into an agreement to purchase an industrial facility in southern California and three (3) medical marijuana licenses for manufacturing, cultivation, and retail uses.

The land size is 40,510 square feet and the existing building size is 6,875 square feet, with a 19-foot-ceiling clearance, for a purchase price of $3.2 million USD , based on $450 USD per square foot for the building and $65 USD per square foot for the land.

The yard area is paved and suitable for greenhouse growing. The purchase is subject to, and contingent upon, completion of satisfactory due diligence, including background checks, and closing documentation for the issuances of the three (3) licenses to Marapharm within 120 days, with the closing to take place 120 days from the removal of contingencies.

READ: 212 Research issues massive research findings on MaraPharm Ventures $MRPHF

Currently trading at a market capitalization of $82.9M, $MRPHF has almost no cash on the books, in a pool of total assets above $1M, which must be weighed relative to an appreciable load ($286.84k) of total accumulated debt. That balance sheet situation is a harmless given the potential top line growth that may be available to the company as sales start to roll in.

That places this one as one of the most interesting plays in the space, and should create many avenues of favorable comparison to stocks like $ and even $ given how similar approaches have been more efficiently priced by the markets in those cases.

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