Marapharm Ventures Inc. “Marapharm” Announces the Acquisition of a Third Property in Desert Hot Springs, California, for Cannabis Cultivation and Manufacturing

PR Newswire, MRPHF, KELOWNA, British Columbia, August 17, 2017 KELOWNA, British Columbia, August 17, 2017 /PRNewswire/ Marapharm Ventures Inc. (OTCQB: MRPHF) (CSE: MDM.CN) (FSE: 2M0) ( Marapharm or the Company ) (http://www.marapharm.com/) announced today that it has entered into an agreement to purchase 1.25 acres located in Desert Hot Springs, California. The property has an approved CUP, (conditional use permit), for 20,664 square feet of cannabis cultivation and manufacturing. The purchase price is $520,000 USD. The transaction is scheduled to close on or before August
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