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Maple Leaf Announces Receipt of Request from Health Canada to Submit Evidence of Readiness for Its Telkwa, B.C., Facility
Posted on Wednesday May 15, 2019
CALGARY, Alberta, May 15, 2019 (GLOBE NEWSWIRE) -- via NetworkWire -- Maple Leaf Green World Inc. (“Maple Leaf” or the “Company”) (NEO: MGW, OTCQX: MGWFF) is pleased to announce that the Licensing and Medical Access Directorate, Controlled Substances and Cannabis Branch of Health Canada has completed a preliminary and high-level review of the Company’s Standard Cultivation and Standard Processing licences application. Based on the information assessed, Health Canada has no critical concerns with the application at this time. Health Canada is now requesting the Company to submit evidence to demonstrate that the fully built site of its Telkwa, British Columbia, Facility (“the Facility”) meets all the requirements of the Cannabis Regulations.
Maple Leaf Announces Non-Brokered Private Placement for Corporate Development and General Working Capital Purposes
Posted on Tuesday May 07, 2019
Maple Leaf Green World Inc. (“Maple Leaf” or the “Company”) (NEO: MGW, OTCQX: MGWFF) is pleased to announce that it intends to complete a non-brokered private placement of minimum of up to 2,000,000 common shares ("Shares") at a price of $0.13 per Share for aggregate gross proceeds of up to approximately $260,000 (the "Private Placement"). The Company intends to use the proceeds from the Private Placement for corporate development and general working capital purposes. Closing of the Private Placement is expected to occur on or before May 15, 2019 (the "Closing Date") but is at the discretion of the Company.
Maple Leaf Green World Inc. Announces Proposed Sale of Land in Henderson, Nevada, with the Proposed Use of Proceeds for the Acquisition of a Cannabis Cultivation License in Nevada
Posted on Tuesday April 23, 2019
Maple Leaf Green World Inc. (“Maple Leaf” or the “Company”) (NEO: MGW, OTCQX: MGWFF) is pleased to announce it has executed a listing agreement with Cornerstone Company, Nevada U.S.A. (“Cornerstone”), whereby Cornerstone has agreed to act as the Company’s listing agent in its proposed sale of 3.89 acres of land in Henderson, Nevada (the “Real Estate Sale”) for an asking price of US$1,895,000, as recommended by Cornerstone. Maple Leaf intends to use the proceeds obtained from this sale for a potential acquisition of a licensed cultivator in Clark County, which the Company is currently in negotiations with (the “Potential Acquisition”).
Maple Leaf Green World Inc. (“Maple Leaf” or the “Company”) (NEO: MGW, OTCQX: MGWFF) has filed its 2018 audited annual financial statements and related management's discussion and analysis (the "Statements"), with the applicable Canadian securities regulatory authorities on SEDAR. Maple Leaf continues its efforts to obtain financing for completion of the Facility. Maple Leaf filed application for subdivision of Land with appropriate authorities in British Columbia and is awaiting approval from the Agricultural Land Commission.