PALM BEACH, Florida, December 5, 2016 /PRNewswire/ --

With the demand for legal marijuana & cannabis infused products quickly rising, industry operators are seeking capital funding opportunities to quickly develop new technology, products, acquire significant assets and resources to maximize operations, including plant growth.  Cannabis operators in the markets this week include:  Marapharm Ventures Inc. (OTCQB: MRPHF), MassRoots, Inc. (OTCQB: MSRT), GW Pharmaceuticals plc (NASDAQ: GWPH), Cannabics Pharmaceuticals Inc. (OTCQB: CNBX) and Terra Tech Corp. (OTCQX: TRTC)

Marapharm Ventures Inc. (OTCQB: MRPHF) announces that it is paying the Nevada Title, Escrow Agent, for full payment and discharge of the first mortgage financing on 5.9 acres located in Apex Industrial Park, Las Vegas, Nevada. In addition Marapharm is paying cash without debt for the previously announced addition of 1.1 adjoining acres.

"We've received several million dollars recently from warrants being exercised by loyal shareholders with more coming in daily, and we decided to pay off our debt, which is this one mortgage. We paid $445,500 USD for the property and financed $309,000. In addition we paid taxes and fees and posted about $100,000 for wet and dry utility bonds. We've also done improvements on the site and have invested more than $100,000 on site and facilities planning. And we've paid for buildings that are to be delivered within 3 weeks and erected for cultivation. The monthly mortgage payments were $2,785.22," said Linda Sampson, Marapharm CEO and she added, "Paying off a relatively small mortgage and paying $110,000 cash for the 1.1 acres may not sound like a big deal but to us the significance is that we did what we planned to do in terms of reaching our milestones."  Read the full Marapharm press release and other news at:  http://marketnewsupdates.com/news/mrphf.html

"With more than 50 million adult visitors each year, Las Vegas is the known as the best cannabis play in the world. Marapharm chose Las Vegas and Nevada for its model and for a place we wanted to be for doing business. There's no state corporate income tax, there's no personal income tax, there's City tax concessions, there's excellent State incentives and we are located in a logistical hub of 11 state regions. Further there's an educated and cost effective workforce and a superior telecommunications infrastructure. So we believe that we are in the right place at the right time," says Linda Sampson. Marapharm CEO.

In other cannabis industry news and performances of note:

MassRoots, Inc. (OTCQB: MSRT) closed up over 4% on Friday at $0.73 trading just over 470,000 shares by the market close.  MassRoots operates a technology platform for the cannabis community in the United States. The company’s mobile network enables users to share cannabis content to connect with the legalization movement.

GW Pharmaceuticals plc (NASDAQ: GWPH), a biopharmaceutical company focused on discovering, developing and commercializing novel therapeutics from its proprietary cannabinoid product platform, announced late last week results from two completed Epidiolex® (cannabidiol or CBD) Phase 3 trials, one in Lennox-Gastaut syndrome (LGS) and one in Dravet syndrome (DS), will be presented at the American Epilepsy Society (AES) Annual Meeting, December 2-6, 2016, in Houston, Texas.

Cannabics Pharmaceuticals Inc. (OTCQB: CNBX) announced last Thursday that results from the company's Cancer HTS research indicates that specific ratios of Cannabinoids led to Apoptosis in MDA-MB-231 Breast Cancer cell viability. Cannabics Pharmaceuticals is currently developing a personalized treatment based upon screening of patients' biopsy and delivering specified cannabinoid medicine which contains anti-tumor properties. It is believed this technology will enable oncologist and other treating physicians to provide cancer patients with a personalized anti-cancer cannabinoid based therapy.

Terra Tech Corp. (OTCQX: TRTC), a vertically integrated cannabis-focused agriculture company, announced on Friday that Terra Tech subsidiary, Edible Garden, will participate in the New York Produce Show and Conference December 7th. Edible Garden will showcase its organic SUPERLEAF™ product along with organic herbs at the one-day industry trade show of over 400 companies that includes local retailers, wholesalers, foodservice distributors, urban farms and unique eateries. This is the only produce show in New York City and is the 2nd largest produce trade show in North America. The attendee make-up for this event is over 40% buyers with over 5,000 produce executives from around the world visiting the 400 exhibitors for 1-on-1 meetings.

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