Mr. Raymond Lai reports
MAPLE LEAF GREEN WORLD INC. COMMENCES CALIFORNIA GREENHOUSE EXPANSIONA TO INCLUDE CBG ENRICHED HEMP SEED CULTIVATION
Further to Maple Leaf Green World Inc.'s previously announced hemp seed cultivation licence for cannabidiol-enriched hemp on Dec. 3, 2019, the company will also be cultivating cannabigerol-(CBG)-enriched hemp seeds. CBG is a newly discovered, highly sought after, non-psychoactive cannabinoid that possesses great potential in providing medical relief to ailments not found with CBD. Although more research is required, the initial evaluation of CBG for medical applications shows great promise. With over 100 cannabinoid compounds identified, CBG is the precursor to which all other cannabinoids, such as tetrahydrocannabinol and cannabidiol, are synthesized.
The company is also pleased to announce that renovation work has already begun on the two existing greenhouses at its 20-acre site at Riverside county, California. The renovations entail replacing all the covers and performing a complete sterilization to ensure a clean start-up. The renovations are expected to be completed in mid-February, and cultivation will begin soon after.
With the growing demand for CBG-enriched hemp, the company is engaged in supply contract negotiations with several North American and oversea buyers in addition to Lin International (letter of intent signed and announced on Sept. 17, 2019). To ensure the demand can be met, the renovations will include expanding the greenhouses by an additional 1,000 square feet. The total growing capacity will now be increased to 7,000 square ft. The company also intends to purchase two to four additional new greenhouses with state-of-the-art technology in anticipation of securing the supply contracts.
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. 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.
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