MAPLE LEAF GREEN WORLD INC.
(TSX-V: MGW, OTCQB:
MGWFF)
Jan. 05, 2017
–$0.70
CALGARY, Jan. 5, 2017 /CNW/ - Maple Leaf Green World
(MGW-V) ("Maple Leaf" or the "Company") is
pleased to announce that OTC Markets Group has approved Maple Leaf
's common shares for listing on the OTCQB market beginning on
Thursday January 5, 2017, under the
symbol MGWFF.
"This dual listing in the United
States will help Maple Leaf attract new shareholders and
raise its visibility among American investors, especially now that
our California and Las Vegas marijuana projects are expanding and
developing so rapidly. We are delighted to have a new forum to
assist us in telling our story to an American audience," said
Raymond Lai, President & C.E.O.
of Maple Leaf Green World Inc.
For further information regarding Maple Leaf Green World Inc.,
please visit www.mlgreenworld.com.
About Maple Leaf Green World Inc.
Maple Leaf Green World Inc. is a Canadian company that focuses
on the cannabis industry in North
America. With over 10 years extensive greenhouse management
experience, it applies its eco- agriculture knowledge and
cultivation technology to produce contaminant free organic cannabis
products. The Company is currently involved in three cannabis
projects:
1.
|
Canada – The Company
has applied for a ACMPR license for a 80,000 sq ft
greenhouse complex in B.C. in August 2014 and is now in Stage
5 (Review) with Health Canada.
|
2.
|
California – The
Company is in a joint venture with a Non- Profit Co-Op to cultivate
cannabis for its members. The Company owns 20 acres of land and has
2 greenhouses in production since September 2016. The site on which
the joint venture operates has capacity for additional greenhouses.
Maple Leaf is also in the process of applying for a
cultivation license in San Diego area.
|
3.
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Nevada – The Company
is in the process to acquire a cultivation permit for a 33,500 sq
ft facility from an existing licensee and has plans for a facility
operating in the city of Henderson, 15 miles from Las
Vegas.
|
Maple Leaf's long term objective is to produce cannabis oil and
export its products to approved countries.
Neither the TSX Venture Exchange or its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Certain statements in this news release including (i) statements
that may contain words such as "anticipate", "could", "expect",
"seek", "may" "intend", "will", "believe", "should", "project",
"forecast", "plan" and similar expressions, including the negatives
thereof, (ii) statements that are based on current expectations and
estimates about the markets in which Maple Leaf operates and (iii)
statements of belief, intentions and expectations about
developments, results and events that will or may occur in the
future, constitute "forward-looking statements" and are based on
certain assumptions and analysis made by Maple Leaf. There is no
assurance that sufficient financing can be raised or that permits
will be available to allow the Company to carry out its current
projects on a timely basis.
Forward-looking statements in this news release include, but are
not limited to, statements with respect to future capital
expenditures, including the amount, nature and timing thereof;
other development trends within the marijuana industry and the
status of, and ability to capitalize on, opportunities available to
the Company as well as the business strategy; expansion and growth
of Maple Leaf's business and operations and other such matters.
Such forward-looking statements are subject to important risks and
uncertainties, which are difficult to predict and may affect Maple
Leaf's operations, including, but not limited to: the impact of
general economic conditions; industry conditions; the availability
of equity or debt financing; government and regulatory developments
including availability of requisite licenses; product supply and
demand; competition; and Maple Leaf's ability to attract and retain
qualified personnel. Maple Leaf's actual results, performance or
achievements could differ materially from those expressed in, or
implied by, these forward-looking statements and, accordingly, no
assurance can be given that any of the events anticipated by the
forward-looking statements will occur, or if any of them do occur,
what benefits Maple Leaf will derive therefrom.
SOURCE Maple Leaf Green World Inc.