Mr. Raymond Lai reports
MAPLE LEAF GREEN WORLD INC. RECEIVES A HEMP SEED CULTIVATION LICENSE FROM RIVERSIDE COUNTY
Maple Leaf Green World Inc.'s 100-per-cent-owned California subsidiary, Golden State Green World LLC, has received a hemp seed cultivation licence from Riverside county to start breeding hemp seeds for cannabidiol-enriched hemp. The biomass of the hemp grown from these special genetic-type seeds contain a much higher CBD content than the biomass from typical industrial hemp; thus, the market price for these types of seeds are much higher than the typical industrial hemp seeds.
With receipt of the licence, the company will start preparing its two existing greenhouses immediately in order to start the breeding program as soon as possible. This will be the pioneer project for the company's hemp seed cultivation initiative announced on Aug. 29, 2019, and Oct. 31, 2019. The company is also obtaining the necessary financing from a group of Asian investors specifically earmarked for this project.
About Maple Leaf Green World Inc.
Maple Leaf is a public Canadian company that focuses on the cannabis industry in North America. The company currently has cannabis projects in British Columbia and California. Maple Leaf's long-term objectives are to produce cannabis oil and export its products to approved countries.
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