Marapharm Ventures (CSE:MDM; OTCQX:MRPHF) announced it closed the foregoing transactions intended in the state of Washington, including operation assets, land and water rights for two licensed producers and processors of cannabis.
As quoted in the press release:
In addition, the Licensees have secured the services of Mr. Ian Dykstra to manage the day-to-day operations of the Licensees. Mr. Dykstra is a master grower who has extensive cannabis growing experience and owns his own cannabis production license. He recently won “Best Light Dep Flower – THC” at Sun Cup 2018. To date, Mr. Dykstra has ensured preparations at the Property are under budget and on schedule.
The Licensees will cultivate up to 40,000 [square feet] of cannabis plant canopy. Marapharm anticipates to be processing this sun-grown cannabis product at the licensed facility located in Lynden, Washington.
“We are excited to assist our Washington partners commence planting and growing in Tonasket. For the “cannassieur,” it is the experience of seeking unique nuances of flavor imparted by the earth which can be detected in sun-grown cannabis”. Linda Sampson, CEO