News Release: BC & Henderson to be constructed by Paramount! Maple Leaf Green World Inc. (TSXV: MGW) ("Maple Leaf" or the "Company") is pleased to announce that it has engaged Paramount Structures Inc. ("PSI"), a Calgary based company, for the design, engineering and construction of both of its Cannabis cultivation facilities at Telkwa, B.C. (the "B.C. Facility") and Henderson, Nevada (the "Nevada Facility").
PSI specializes in the design and construction of high performance building envelopes ("HPBEs") for the industrial, commercial and residential sectors. The HPBEs utilize unique materials and construction methods well suited for controlled environment agriculture by being impervious to mold, resistant to water & fire, pest resistant and non-toxic while being highly energy efficient and durable. PSI's HPBEs incorporate modular construction which reduces time to completion relative to traditional construction methods and can be designed for easy future expansion.
For the Company's B.C. Facility, the Company intends to develop the 80,000 sq. ft. facility by two or three phases, with the first phase of 30,000 sq. ft. started immediately and next second and/or third phase to be completed after the Company's application for a license to produce and sell cannabis from Health Canada pursuant to the Access to Cannabis for Medical Purposes Regulations ("ACMPR") has been approved and operation has been streamlined. The Company is currently at Stage 5 - Review with the ACMPR application. The Company is also in the process of formalizing its agreement with Woodmere Nursery Ltd. to revise the original leasing agreement from a lease of the greenhouse facility to a lease of land situated on the premises.
For the Company's Nevada Facility, the Company also intends to develop the 33,500 sq. ft. Facility by two phases, with the first phase of 20,000 sq. ft. to be started immediately and the next phase to be completed after the operation has been streamlined.
A more detailed construction plan for both facilities will be announced once all engineering design has been done.