CSE New Listing - Vapen MJ Ventures Commences Trading on the Canadian Securities Exchange - Video News Alert on Investmentpitch.com

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Vancouver, British Columbia--(Newsfile Corp. - May 16, 2019) - Vapen MJ Ventures Corporation (CSE: VAPN) is one of the latest new listing on the Canadian Securities Exchange. The company, through its wholly-owned subsidiaries, operates as an agricultural technology, services and property management company.

For more information, please view the InvestmentPitch Media "video" which provides additional information on the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Vapen" in the search box. 



Cannot view this video? Visit:
http://www.investmentpitch.com/

Vapen MJ currently provides these management and marketing services in the State of Arizona with expansion plans through acquisitions and partnerships worldwide. Arizona is the third largest medical marijuana market in the US with recreational expected to pass in 2020.

It utilizes a full vertical integration business model to oversee and execute all aspects of cultivation, extraction, manufacturing, retail dispensary, and wholesale distribution of high margin Cannabis THC and Hemp CBD products.

The company, through subsidiaries, leases an approximately 28,000-square-foot space in Phoenix, Arizona, which is used for cultivation, product drying, product processing, product packaging and infusion into edible products.

The company is the exclusive provider to a non-profit company known as the Herbal Wellness Center, which holds dispensary, cultivation, and extraction licenses in Arizona to cultivate, extract and sell medical marijuana and related products to holders of medical marijuana cards, with approximately 48,000 patients in their system and approximately 65 wholesale dispensary clients. Herbal Wellness leases a 2,000 square-foot retail building from Vapen MJ, the maximum allowed in Phoenix, for housing its dispensary.

Vapen MJ is on a significant revenue and profitability growth trend having generated over US$18 million in gross revenues with EBITDA in excess of US$6 million in its latest fiscal calendar year.

Thai Nguyen, founder and CEO, stated: "We are very excited to be listed on the CSE and begin our journey to build a world class international operation that will work with licensed cannabis facilities to produce the highest quality products on a consistent basis. Our listing on the CSE is the beginning of a new era for Vapen MJ as we have focused on perfecting the basics for the last 6 years and are excited for our aggressive expansion plans."

The company plans to raise up to $4 million by way of a non-brokered private placement of up to 4 million shares priced at $1.00. The net proceeds will be used for equipment, business development and general working capital purposes.

For more information please visit the company's website at www.VapenMJ.com, contact Bob Brilon, President and CFO, at 602-620-9725 or by email at investors@VapenMJ.com

About InvestmentPitch Media

InvestmentPitch Media leverages the power of video, which together with its extensive distribution, positions a company's story ahead of the 1,000's of companies seeking awareness and funding from the financial community. The company specializes in producing short videos based on significant news releases, research reports and other content of interest to investors.

CONTACT: 
InvestmentPitch Media
Barry Morgan, CFO
bmorgan@investmentpitch.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/44837

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).