Canadian CANNAINVESTOR Magazine January 2019 | Page 241
Recent Financials
For period ended Dec. 31, 2017.
(CDN$) 3 Months to
December 31, 2017 3 Months to
September 30, 2017 Change
Dispensary cannabis sales (grams) 266,182 271,405 (2%)
Average price per gram
(cannabis sales) $15.02 $14.94 1%
Total Revenues $4.5M $4.4M 2%
Gross Profit $2.6M $2.9M ($0.3M)
Adjusted EBITDA ($1.2M) ($0.3M) ($0.9M)
Net loss ($13.0M) ($1.5M) ($11.5M)
Investment Highlights
Core Brands
MPX is replicating our successful Arizona operations to expand via
organic growth and a roll-up strategy:
• 10 dispensaries in four states (NV, AZ, MA, MD)
• Well established core brands such as MPX and Health 4 Life
• Well capitalized to run operations and pursue growth opportunities
• Seasoned management team with significant marijuana
industry expertise
• License pending in Canada
Contact Info
Tel: 416-840-3725
[email protected]
2018 MPX Bioceutical Corporation