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Enter Symbol
or Name
USA
CA



Maple Leaf Green World Inc
Symbol MGW
Shares Issued 90,136,427
Close 2015-01-27 C$ 0.035
Market Cap C$ 3,154,775
Recent Sedar Documents

Maple Leaf Green submits more info for MMPR application

2015-01-28 16:57 ET - News Release

Mr. Raymond Lai reports

MAPLE LEAF GREEN WORLD INC.: CORPORATE UPDATE FOR MEDICAL MARIJUANA PROJECTS IN CANADA AND U.S.A.

Maple Leaf Green World Inc. is providing the following update on certain operational initiatives and corporate matters:

Marihuana for Medical Purposes Regulations (MMPR) application in Canada

Since the submission of the application on Aug. 12, 2014, and Health Canada's requests for additional information on Oct. 6, Oct. 31 and Nov. 26, 2014, and on Jan. 21, 2015, Maple Leaf has been advised by its consultant that the company was able to provide information satisfying Health Canada's requests regarding:

  • Standard operating procedures;
  • Record-keeping plan -- how information will be recorded and retained, and illustrates inventory control from propagation to distribution;
  • Vault and storage security information;
  • Threat risk assessment;
  • Security plan -- provides technical specifications of all security equipment to be used and how that equipment will be employed to prevent unauthorized access;
  • Additional credentials regarding the company's proposed quality assurance person.

Maple Leaf continues to work with Health Canada and is currently in the process of providing additional information recently requested by the department. Management believes that after satisfying the latest information request from Health Canada, the company will be able to move forward with subsequent stages of the application process.

The company will provide additional updates to its shareholders when further progress is made in the approval process.

Medical marijuana project in California, United States

The company has been advised by its joint venture partner collective in California that it has successfully found a suitable location in Southern California for constructing the growing facility as announced in the company's Jan. 15 press release. The collective is in the process of securing the property, and construction can be started immediately once the company has secured the necessary financing.

"Given the good progress on our MMPR application, even though it takes longer than we expected, we can concentrate our efforts and energy on the company's California project, with the objective of bringing it into operation and cash flow generation later this year," said Maple Leaf president and chief executive officer Raymond Lai.

We seek Safe Harbor.

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