KELOWNA, British Columbia, November 10, 2016 /PRNewswire/ --
Marapharm symbols: United States - OTCQB: MRPHF / Canada - CSE:MDM / Germany - FSE:2M0
Marapharm Ventures Inc. ("Marapharm") announces that Bradley J. Dixon has accepted a position on the Management Advisory Group. Mr. Dixon is a trial and commercial litigation attorney based in Boise, Idaho. He has broad experience in counseling companies through a variety of commercial disputes and was selected as one of "America's Leading Lawyers for Business" by Chambers USA, 2013 - 2014. Mr. Dixon was named one of Idaho's Leaders in the Law in 2015. "Marapharm plans to expand to many states and countries and it's really great to have Brad join us, his experience in law and licensing and corporate growth is a huge addition to MAG." said Linda Sampson, CEO. "and, I was interviewed recently on a radio program at: http://westbrookradio.com/2016/11/07/linda-sampson-ceo-marapharm-ventures-inc-mrphf-mdm/"
Marapharm is updating and modernizing its management with the addition of a Management Advisory Group "MAG", consisting of up to 5 members. The purpose is to seek expertise and mentorship outside of Marapharm to add focus, meet with and encourage innovation. MAG will strengthen the operations of Marapharm in an economic manner, with input from experts in acquisitions, mergers, international financing, foreign markets, marketing, product development, risk management and sales techniques. MAG organizational structure encourages communication and involvement between all stakeholders. The board continues its mandate of providing direction to operations and corporate governance. MAG members will be provided stock options and or a monthly stipend. Marapharm CEO, Linda Sampson, is very supportive of adding the MAG level to Marapharm. Acknowledging Marapharm's potential, "it will be an innovative component to its management model".
ABOUT MARAPHARM VENTURES INC.
Marapharm owns 300,000 square feet of medical marijuana licenses and land and facilities in WA and NV. and in Canada, about two and a half years ago, Marapharm applied to Health Canada for a MMPR (Production and Sales) license and has passed the necessary security clearances. The application is currently in the in-depth screening process. In September 2016, Health Canada contacted Marapharm with a provision to amend its application to allow for the new regulations, ACMPR.
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SOURCE Marapharm Ventures Inc.