NEWS!!! Viva LAS VEGAS BABY!!!!Marapharm to begin building marijuana plant in Nevada 2015-09-23 09:40 ET - News Release Mr. Les Kjosness reports MARAPHARM TO COMMENCE MEDICAL MARIJUANA CONSTRUCTION IN NEVADA Marapharm Ventures Inc.'s wholly owned subsidirary Marapharm Las Vegas LLC, in advance of the planned 80,000-square-feet main cultivation facility, will commence construction of a 5,000-square-feet medical marijuana complex on the 5.9 acres it owns in the Apex Industrial Park, located north of Las Vegas, Nev. This facility will provide interim product to local dispensaries. The building is ordered and will be erected in approximately six weeks. It will be used for hiring, training and cultivation during the construction of the main facility. Cultivation from the initial building will produce an estimated $3.5-million (U.S.) revenue and a net profit of $2.3-million (U.S.). The product from the initial facility has already been contracted by agreement to a dispensary in Las Vegas, Nev. Further, the entire cultivation of the 80,000-square-feet development is contracted to several dispensaries located in Las Vegas, Nev. Conceptual plans are available on the company's website. Situated along interstate 15, Apex is just 25 minutes from McCarran international airport and within five hours from the port of Los Angeles. Apex has the potential to become one of the predominant industrial developments in the western United States. Access to major North American cities is readily available via highway 93 and the Union Pacific railroad. The park offers access to municipal groundwater, high-pressure gas and an abundance of power supplied by the five power generation stations within the park's boundaries. Medical marijuana was legalized in the state of Nevada on Nov. 7, 2000. In 2013, the Nevada legislature allowed for safe, regulated access to cannabis. At the end of 2014, there were only 8,000 registered medical marijuana users, and, by the end of 2015, it is anticipated that the number will have grown to 50,000. Aside from these users, Nevada law allows any non-resident who carries a valid medical marijuana card in their home state to present their card in Nevada and purchase their marijuana while visiting. Reported average medical use is between one and two ounces (28 to 56 grams) per month. It is anticipated that retail prices will be from $10 (U.S.) to $30 (U.S.) per gram. Recreational marijuana is on the ballot for the 2016 election and polls already show 54 per cent in favour of legalization. We seek Safe Harbor. 2015 Canjex Publishing Ltd. All rights reserved.