In this article, we will take a look at Maple Leaf Green World Inc. (TSX.V: MGW) (OTCQB: MGWFF) and its presence in three of the largest medical and recreational cannabis markets throughout North America where it has established cultivation operations.
CFN Media’s Mike Elliott recently discussed Maple Leaf Green World’s significant potential in an exclusive video interview with VP of Business Development Bill Monroe:
Maple Leaf Green World operates a joint venture with a non-profit co-op collective located near Palm Springs, CA. The company built two greenhouses on a 20 acre property that it purchased and currently harvests between 100 and 150 pounds of medical marijuana six times per year in a continuous cycle. With enough space for 100 greenhouses, the company has ample opportunities to expand with recreational legalization in the works.
Nevada voters also voted to legalize recreational marijuana in one of the most promising tourism markets in the country. With over 40 million tourists per year, Las Vegas has become a popular destination for both Americans and international tourists. The state’s reciprocity laws already enable out-of-state medical marijuana card holders to access the drug, but recreational legalization could make the state a top-3 consumer.
Maple Leaf Green World is in the process of acquiring a cultivation license in Nevada through its acquisition of BioNeva Innovations of Henderson LLC, which owns and operates a 33,500 square foot cultivation facility that’s pending approval in Henderson – just 15 minutes from Las Vegas. The move could provide the company with a valuable footprint in the Nevada market that’s in close proximity to Las Vegas’ significant tourist economy.
Near-term Canadian Approval
Canada legalized the cultivation of medical cannabis on a national level back in July 2013 with the Marihuana for Medical Purposes Regulations (MMPR). Since then, the government has approved nearly 40 licensed producers and amended the rules to become the Access to Cannabis for Medical Purposes Regulations (ACMPR). Prime Minister Justin Trudeau’s election also set forth the path to recreational legalization over the coming year or two.
Maple Leaf Green World is in the last stage of approval (Stage 5) to become a licensed producer under the ACMPR program. With an 80,000 square foot facility under construction, the company could become one of the largest licensed producers in the market. The company also has the potential to build up to 300,000 square foot of greenhouses on properties that it has under its control if expansion makes sense down the road.
Maple Leaf Green World Inc. (TSX.V: MGW) (OTCQB: MGWFF) represents an intriguing investment opportunity in the North American cannabis industry. With a presence in both U.S. and Canadian markets, the company provides diversified exposure to the cultivation side of the industry, while its modest C$82 million market capitalization makes it a potential value.
Achievements with Scalability and Compatibility Pave Way for Next Phase of Advancement
Codebase Ventures Inc. (“Codebase” or the “Company”) (CSE:CODE)(FSE:C5B)(OTCQB:BKLLF) is excited to announce that the Company’s holding, Arcology, a cluster-computing powered AI blockchain ecosystem with unlimited scalability, has updated its working roadmap in response to its Testnet 1.0 results
For the purposes of the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, World High Life announces that the Company has 230,119,819 ordinary shares of 1p each in issue (“Ordinary Shares”), each share carrying the right to one vote. The figure of 230,119,819 should be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules
The Directors of the Company accept responsibility for the contents of this announcement.
TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) (“TransCanna” or the “Company”) announces that it has granted an aggregate of 400,000 options at an exercise price of CDN$1.00, exercisable for a period of five years, to directors and officers of the Company. The stock options are being granted pursuant to the terms of the Company’s stock option plan, and are subject to regulatory approval.
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Donation will benefit veteran-focused organizations and nonprofits, including all TruVet Program partners
Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) (“Trulieve” or “the Company”), a United States -based leading medical cannabis company, announced today a donation for all TruVet Program partners year-to-date in honor of Veterans Day. A total of $15,000 representing a portion of the November proceeds from the Company’s limited-edition Freedom Pre-Roll product, will be shared among program partners, which are veteran-focused organizations andor nonprofits.
ACB Final Deadline: Bronstein, Gewirtz & Grossman, LLC Reminds Aurora Cannabis, Inc. Shareholders With Losses Exceeding $110,000 of Class Action and Lead Plaintiff Deadline: December 1, 2020
Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Aurora Cannibas, Inc. (“Aurora” or the “Company”) (NYSE:ACB) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Aurora securities between February 13, 2020, and September 4, 2020, inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.comacb
This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.