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Maple Leaf Green World Inc. (MGW.NE)

NEO - NEO Real Time Price. Currency in CAD
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0.08000.0000 (0.00%)
At close: 3:40PM EDT
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Previous Close0.0800
Open0.0700
Bid0.0700 x 0
Ask0.0800 x 0
Day's Range0.0700 - 0.0800
52 Week Range0.0500 - 0.1200
Volume158,370
Avg. Volume215,187
Market Cap12.908M
Beta (5Y Monthly)1.24
PE Ratio (TTM)N/A
EPS (TTM)-0.0660
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Maple Leaf Green World Inc. Has Created Its Own Brand Name - Phoenix Crave
    GlobeNewswire

    Maple Leaf Green World Inc. Has Created Its Own Brand Name - Phoenix Crave

    CALGARY, Alberta, April 22, 2021 (GLOBE NEWSWIRE) -- Maple Leaf Green World Inc. (“Maple Leaf” or the “Company”) (NEO: MGW, OTCQB: MGWFF) is pleased to announce it has developed its own unique brand name, PHOENIX CRAVE, for its high quality CBG products. A preview of the Phoenix Crave artwork can be viewed on the Company’s websites. The Company is also pleased to announce the following new business developments: New Distribution Networks The Company has established a West Coast distribution network encompassing California, Oregon and Arizona. Two other distribution networks in Nevada and Florida are currently being set up. The Nevada agent is waiting on the results of a lab test to confirm there are no contaminants in the Company’s products as required by the Nevada State laws before launching its marketing campaign. New Products Development Update CBG Hemp CigaretteThe Company has completed and approved the packaging artwork with its joint venture partner, Hempacco Co. Inc. (“Hempacco”). The artwork will now be sent through Hempacco’s printing and packaging process to produce Phoenix Crave Gold and Phoenix Crave Gold Grape Flavor cigarette boxes. The initial batch will produce commercial ready sample packs to be sent to the Company’s distribution networks, partners and dispensaries. The two retail ready, 20-packs of CBG Hemp Cigarettes will also debut through the Phoenix Crave e-commerce platform that is currently in development. CBG Pre-Rolls The Company has also been packaging its own CBG Hemp Pre-rolls for purchase through its own sales network. The CBG Hemp Pre-rolls offer a high-end product that is a great alternative to tobacco cigarettes. Each pre-roll contains 1 gram of premium CBG hemp and less than 0.2% THC. These pre-rolls can be purchased individually or in packs of 2. CBG OilThe Company has also shipped a test sample of biomass to a lab in California to produce CBG Crude. The Company is pleased with the results and are currently selecting a processing facility to further refine the crude to manufacture CBG Oil and CBG Gel Capsules. All Company products are currently available for viewing on their website at www.gsgreenworld.com and for sale by contacting sales@gsgreenworld.com. All products will be made available for online ordering after the official launch of the e-commerce platform. For further information and updates regarding the Company, please visit https://www.mlgreenworld.com/.For updates regarding the California CBG Hemp Project, please visit https://www.gsgreenworld.com/. About Maple Leaf Green World Inc. Maple Leaf 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.” Forward Looking and Cautionary Statements This news release may include forward-looking statements including opinions, assumptions, estimates, the Company's assessment of future plans and operations, and, more particularly, statements concerning: the Proposed Transaction and the timing thereof; When used in this document, the words "will," "anticipate," "believe," "estimate," "expect," "intent," "may," "project," "should," and similar expressions are intended to be among the statements that identify forward-looking statements. The forward-looking statements are founded on the basis of expectations and assumptions made by the Company that include, but are not limited to, the timely receipt of all required regulatory and third-party approvals, including approvals from NEO and from the shareholders of Maple Leaf. Forward-looking statements are subject to a wide range of risks and uncertainties, and although the Company believes that the expectations represented by such forward-looking statements are reasonable, there can be no assurance that such expectations will be realized. Any number of important factors could cause actual results to differ materially from those in the forward-looking statements including, but not limited to: regulatory and third party approvals, including approvals from NEO and from the shareholders of Maple Leaf, not being obtained in the manner or timing anticipated; the ability to implement corporate strategies; the state of domestic capital markets; the ability to obtain financing; changes in general market conditions; industry conditions and events; and other factors more fully described from time to time in the reports and filings made by the Company with securities regulatory authorities. Please refer to the Company's annual information form ("AIF") for the year ended December 31, 2018 and management's discussion and analysis ("MD&A") thereof for additional risk factors relating to the Company. The AIF and MD&A can be accessed under the Company's profile on www.sedar.com. Except as required by applicable laws, the Company does not undertake any obligation to publicly update or revise any forward-looking statements. For further information, please contact: Maple Leaf Green World Inc. Raymond Lai, Chairman, President & CEO+1(403) 452-4552rlai@mlgreenworld.com Billy Bewcyk, V.P. for Business Development+1(403) 616-4877wbewcyk@mlgreenworld.com

  • Maple Leaf Green World Inc. Announces Its New CBG Cigarette Brand “Phoenix Crave”
    GlobeNewswire

    Maple Leaf Green World Inc. Announces Its New CBG Cigarette Brand “Phoenix Crave”

    CALGARY, Alberta, March 11, 2021 (GLOBE NEWSWIRE) -- Maple Leaf Green World Inc. (“Maple Leaf” or the “Company”) (NEO: MGW, OTCQB: MGWFF) is pleased to announce that it is preparing to market its new 20-pack CBG Hemp Cigarettes under the brand “Phoenix Crave”. Phoenix Crave cigarettes are naturally flavored from the Company’s high quality hemp that was organically grown indoors. Each cigarette will contain a minimum of 0.4 grams of CBG and will feature three blends: Platinum, Gold and Silver. The Company’s joint venture business partner, Hempacco, is assisting the Company to develop this new brand name and is ready to enter the final production phase for Phoenix Crave in the coming weeks. The new e-commerce platform is currently in development with the assistance of Hempacco and will debut Phoenix Crave Gold. Current products such as the CBG Flower Jars, Pre-rolls and Pre-rolls 2-pack will also be featured on the platform shortly after. This new e-commerce platform will enable the Company to market its hemp products across the United States and internationally. The Company’s custom pre-roll cones order has been completed by its supplier and is expected to arrive at its facility next week. These custom pre-rolls will be packaged with a premium blend of CBG and will be marketed by the Company’s own sales team to distributors in California. The e-commerce website and the sales team will operate concurrently to maximize its sales and market penetration. The Company would also like to announce that its second harvest will be completed this week. As such, the Company has begun germinating La Crème seeds and finalizing its selection on two (2) additional greenhouses and a processing facility to prepare for its third crop. For further information and updates regarding the Company, please visit https://www.mlgreenworld.com/.For updates regarding the California CBG Hemp Project, please visit https://www.gsgreenworld.com/. About Maple Leaf Green World Inc. Maple Leaf 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.” Forward Looking and Cautionary Statements This news release may include forward-looking statements including opinions, assumptions, estimates, the Company's assessment of future plans and operations, and, more particularly, statements concerning: the Proposed Transaction and the timing thereof; When used in this document, the words "will," "anticipate," "believe," "estimate," "expect," "intent," "may," "project," "should," and similar expressions are intended to be among the statements that identify forward-looking statements. The forward-looking statements are founded on the basis of expectations and assumptions made by the Company that include, but are not limited to, the timely receipt of all required regulatory and third-party approvals, including approvals from NEO and from the shareholders of Maple Leaf. Forward-looking statements are subject to a wide range of risks and uncertainties, and although the Company believes that the expectations represented by such forward-looking statements are reasonable, there can be no assurance that such expectations will be realized. Any number of important factors could cause actual results to differ materially from those in the forward-looking statements including, but not limited to: regulatory and third party approvals, including approvals from NEO and from the shareholders of Maple Leaf, not being obtained in the manner or timing anticipated; the ability to implement corporate strategies; the state of domestic capital markets; the ability to obtain financing; changes in general market conditions; industry conditions and events; and other factors more fully described from time to time in the reports and filings made by the Company with securities regulatory authorities. Please refer to the Company's annual information form ("AIF") for the year ended December 31, 2018 and management's discussion and analysis ("MD&A") thereof for additional risk factors relating to the Company. The AIF and MD&A can be accessed under the Company's profile on www.sedar.com. Except as required by applicable laws, the Company does not undertake any obligation to publicly update or revise any forward-looking statements. For further information, please contact: Maple Leaf Green World Inc. Raymond Lai, Chairman, President & CEO+1(403) 452-4552rlai@mlgreenworld.com Billy Bewcyk, V.P. for Business Development+1(403) 616-4877wbewcyk@mlgreenworld.com

  • Maple Leaf Green World Inc. Has Signed an Agreement With Hempacco, Co. Inc. to Manufacture and Market Its CBG Hemp Cigarettes
    GlobeNewswire

    Maple Leaf Green World Inc. Has Signed an Agreement With Hempacco, Co. Inc. to Manufacture and Market Its CBG Hemp Cigarettes

    CALGARY, Alberta, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Maple Leaf Green World Inc. ("Maple Leaf" or the "Company") (NEO: MGW, OTCQB: MGWFF) is pleased to announce it has signed an agreement ("Agreement") with Hempacco Co. Inc. ("Hempacco"), a vertically integrated California-based Hemp CBD, CBG R&D, marketing, and manufacturing company, to develop, manufacture and market its new brand of CBG Hemp cigarettes. The Agreement aims to develop a new CBG hemp cigarette brand for Maple Leaf using their California-grown hemp. Hempacco will handle all of the research, development, and manufacturing of a retail-ready 20-pack CBG-rich hemp cigarette brand. "I’m excited to work with Hempacco to develop our brand of CBG hemp cigarettes; this is a pivot for our company after identifying the growing hemp cigarette space and the market opportunity not only in the USA, but also in Canada and internationally”, said Raymond Lai, CEO of Maple Leaf, “Our CBG farm is minutes away from Hempacco’s manufacturing location, which makes it an amazing opportunity to have our own seed to shelve product and deliver an incredible hemp smokable quality experience to the consumer,” Raymond concluded. “It’s been a pleasure working with Raymond and his team to launch Maple Leaf’s new CBG brand in our quest to disrupt Tobacco™,” said Sandro Piancone, CEO of Hempacco. “We’re committed to a fast launch of the CBG hemp cigarette brand and following it up with an eCommerce portal that integrates picking, packing, and shipping all from one location close to the Maple Leaf’s farm,” Sandro concluded. The hemp cigarette private label manufacturing agreement is for five (5) years consists of two (2) phases. The first phase is hemp cigarette product development, including Research & Development, Business Modelling, and hemp cigarette white label Manufacturing sub-phases. Hempacco will undertake all the necessary work for the three (3) sub-phases, including packaging and shipping, where Maple Leaf supplies raw hemp material. Maple Leaf and Hempacco will jointly develop branding and packaging artwork that Hempacco will manufacture. The second phase is to establish an e-commerce Strategy, which will expand Maple Leaf’s online and social media presence by developing a full e-commerce platform. Through the Company’s new hemp cigarette online store, CBG hemp cigarettes, packaged flower jars, and subsequent product developments will be available for purchase and shipped across the United States and Overseas. Both phases will commence immediately. Hempacco will invest in the brand by paying for all the initial start-up costs associated with both phases. Maple Leaf will contribute to the manufacturing and order processing cost when sales are made. As compensation for Hempacco’s services, Maple Leaf will pay Hempacco two (2) million common shares at $0.075 per share for phase 1 and one (1) million common shares at $0.075 per share for phase 2 provided that both phases are completed within 45 days after the agreement date and accepted by Maple Leaf. The issuance of three (3) million common shares is subject to Maple Leaf’s Broad of Directors and Neo Stock Exchange's approval. The Agreement will leverage Hempacco’s fully integrated supply chain to manufacture, package, market, and distribute Maple Leaf’s CBG Hemp Cigarettes as well as leveraging Maple Leaf’s digital branding artwork, expertise in cultivating high quality, organic CBG Hemp, and its role as a gateway for penetrating international markets. By utilizing the resources from both Maple Leaf and Hempacco, the Agreement will disrupt the cigarette industry by providing a naturally great-tasting alternative to traditional tobacco and nicotine cigarettes. Hemp cigarettes are also a great alternative to marijuana by offering the non-psychoactive effects caused by THC with the added benefits of CBG. About Hempacco Co. Inc. Hempacco is disrupting Tobacco’s™ $1 Trillion industry with hemp-based alternatives to cigarettes by manufacturing and marketing consumer goods. The Company owns research and development, manufacturing and sales of smokable hemp brands, including The Real Stuff™ Hemp Smokables. Hempacco’s profit centers include private label agreements, Intellectual Property licensing, and the development and sales of their brands using patented counter displays as well as six hundred Kiosk vending machines called HempBoxes™.For more information, please visit: https://hempaccopackaging.com/ Update of Previous Sales Letter of Intent The Company would also like to announce that it has cancelled the previously announced letter of intent from CannaTrading Co and Emco/Hanover Group. CannaTrading Co has permanently closed and the special pricing offer to Emco/Hanover Group has expired. The Company believes that hemp cigarettes are one of the fastest growing segments of the hemp industry and will generate higher sales volume and profit margins for the Company, as such; it will allocate most of its inventory to capitalize on this trend. For further information and updates regarding the Company, please visit https://www.mlgreenworld.com/.For updates regarding the California CBG Hemp Project, please visit https://www.gsgreenworld.com/. About Maple Leaf Green World Inc. Maple Leaf 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.” Forward Looking and Cautionary Statements This news release may include forward-looking statements including opinions, assumptions, estimates, the Company's assessment of future plans and operations, and, more particularly, statements concerning: the Proposed Transaction and the timing thereof; When used in this document, the words "will," "anticipate," "believe," "estimate," "expect," "intent," "may," "project," "should," and similar expressions are intended to be among the statements that identify forward-looking statements. The forward-looking statements are founded on the basis of expectations and assumptions made by the Company that include, but are not limited to, the timely receipt of all required regulatory and third-party approvals, including approvals from NEO and from the shareholders of Maple Leaf. Forward-looking statements are subject to a wide range of risks and uncertainties, and although the Company believes that the expectations represented by such forward-looking statements are reasonable, there can be no assurance that such expectations will be realized. Any number of important factors could cause actual results to differ materially from those in the forward-looking statements including, but not limited to: regulatory and third party approvals, including approvals from NEO and from the shareholders of Maple Leaf, not being obtained in the manner or timing anticipated; the ability to implement corporate strategies; the state of domestic capital markets; the ability to obtain financing; changes in general market conditions; industry conditions and events; and other factors more fully described from time to time in the reports and filings made by the Company with securities regulatory authorities. Please refer to the Company's annual information form ("AIF") for the year ended December 31, 2018 and management's discussion and analysis ("MD&A") thereof for additional risk factors relating to the Company. The AIF and MD&A can be accessed under the Company's profile on www.sedar.com. Except as required by applicable laws, the Company does not undertake any obligation to publicly update or revise any forward-looking statements. For further information, please contact: Maple Leaf Green World Inc. Raymond Lai, Chairman, President & CEO+1(403) 452-4552rlai@mlgreenworld.com Billy Bewcyk, V.P. for Business Development+1(403) 616-4877wbewcyk@mlgreenworld.com