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Maple Leaf Green World Inc. N.MGW

"Maple Leaf Green World Inc and its subsidiaries focus on the cannabis industry in North America. It operates or funds three cannabis projects, in British Columbia, California, and Nevada. The company applies its eco-agriculture knowledge and cultivation technology to produce contaminant-free organic cannabis products."


NEO:MGW - Post by User

Bullboard Posts
Comment by Sidesh0won Oct 11, 2017 12:03pm
238 Views
Post# 26799507

RE:RE:RE:RE:RE:RE:RE:Could be good news for LA/SanDiego and Nevada

RE:RE:RE:RE:RE:RE:RE:Could be good news for LA/SanDiego and NevadaYou may be correct.  This is from the Aug 29 financials:

During the three and six months ended June 30, 2017, the Company generated leasing fees of $nil and
$119,790 (same prior year periods - $nil) and consulting fees of $nil and $99,825 (same prior year periods -
$nil). As at June 30, 2017, other receivable includes $526,895 due from Emerald (December 31, 2016 -
$250,486).

And from the Nov 28 MD&A there is a 10-year term for up to 4 greenhouses:

As soon as the Collective assumes responsibility for operating the Facility, the Collective will pay rent at a rate of US$15,000 per cold frame per month (US$30,000 for 2 cold frames). It is anticipated that the initial rent shall be due and payable when the Collective makes its first product shipment and thereafter, on a quarterly basis.

We might need to contact them for some clarity.
Bullboard Posts