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Maple Leaf Green World Inc
Symbol MGW
Shares Issued 161,355,398
Close 2020-12-22 C$ 0.06
Recent Sedar Documents

Maple Leaf Green signs sale LOI for 1,000-pound order

2020-12-23 09:37 ET - News Release

Mr. Raymond Lai reports

MAPLE LEAF GREEN WORLD INC. HAS SECURED A LOI FROM EMCO/HANOVER GROUP FOR A LONG TERM SALE AGREEMENT WITH INITIAL PURCHASE

Through its marketing campaign as announced in a Nov. 9, 2020, press release, Maple Leaf Green World Inc. has signed a letter of intent with EMCO/Hanover Group.

The LOI with EMCO/Hanover Group outlines a purchase order through which EMCO/Hanover Group would purchase a minimum of 1,000 pounds of the company's high-quality CBG hemp flowers. The company has offered a special pricing of $400 (U.S.) per pound on the first order as part of the arrangement to secure a long-term sales agreement. The quantity, product types and pricing will be determined in January, 2021, along with the official sales order when both parties reconvene after the holidays.

In addition to this LOI, the company is also in the process of securing additional sale LOIs before the holiday season. These LOIs are anticipated to be announced after Christmas.

Canna Trading update

The sales agreement with Canna Trading Company, as announced in June 18, 2020, press release, has been delayed. As reported on their website, Canna had been dealing with wildfires over the summer and with the recent resurgence of COVID-19, they are experiencing delays in filling orders for their customers.

About Maple Leaf Green World Inc.

Maple Leaf Green World is a public Canadian company that focuses on the cannabis and hemp industry in North America. The company currently has cannabis and hemp projects in British Columbia and California. With over 10 years of extensive greenhouse management experience, the company applies its eco-agriculture knowledge and cultivation technology to produce contaminant-free cannabis products. Maple Leaf's long-term objective is to produce cannabis oil and to export its products to approved countries. The company's common shares are listed for trading on the Aequitas NEO Exchange Inc. under the symbol MGW and on the OTCQB market under the symbol MGWFF.

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