The Canadian Bioceutical CBICF

MPX's deal with iAnthus

[bogdansz]

For MPX's sake, the company did not sign over its Canadian and International assets in the deal with iAnthus and those will be spun-out into a new entity, MPX International. The latter will be nothing to sneeze at as it has a licensed GMP-compliant Canadian facility (able to produce 1,200 kilograms of cannabis annually) along with already-built consumer bases thanks to the likes of Spartan Wellness, Panaxia and Salus BioPharma. Plus, it will still maintain Canadian right to the Melting Point extract brands. All told, the merger and the spin-out company should be interesting to watch as the holiday lights come down and Q1 2019 ramps up. DISCLOSURE:The views and opinions expressed in this article are those of the authors, and do not represent the views ofequities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:https://www.equities.com/disclaimer

[Mike411Ontario]

I just voted FOR the MPX merger, online.  iAnthus/MPX have a bright future no doubt.  It is good to hear that MPX International is an existing business with possabilities. 

[DaveInCalgary]

I'm thinking of voting NO. The last license that MPX received just 2 weeks ago in Atlantic City, NJ was not even promoted by either MPX or IAN. I read about it on another companies website. I think receiving only 1/6th of an IAN share isn't really very much. Who is going to run the so called International spin off that will be left behind as IAN is not interested? Votes have to be in by

[bogdansz]

I`m voting NO 

[RetiredGolfer]

Sir Scott will be running MPXI, No worries there let’s go global with MPXI. A Fresh start with a kick a$$ Brand. 

[Mike411Ontario]

"was not even promoted by either MPX or IAN. I read about it on another companies website." Could be in a black out period?  I would think so they have been quiet probably for good reason. The news letter that I recieve said that the new iAnthus/MPX will be a real power house.  With iAnthus they have a reputation for raising money.  MPX will need money to survive.