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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

Comment by MidSizeInvestoron Aug 25, 2018 10:43pm
105 Views
Post# 28518081

RE:RE:RE:$4 by year end

RE:RE:RE:$4 by year end

I respectfully disagree with your comment about recent movement.  Look up other prominent MJ companies.  All had a Jan 18 runup, followed by a fad back to crazy lows, with a runup this past week.  The common reason was about Bloomberg reports that Diageo was in discussion with 1-3 CDN MJ companies.  

https://www.theglobeandmail.com/cannabis/article-diageo-in-talks-with-three-canadian-cannabis-producers-report/  said, "Aphria’s chief commercial officer, Jakob Ripshtein, was formerly the chief financial officer of Diageo North America and the former president of Diageo Canada Inc.  Aurora, the second-largest cannabis company by market value after Canopy, said it intends to enter the infused-beverage market."  Kind of looks like Alphria has the inside track.  Not a company that has yet to make its first sale.  That's just how really big companies pick their business partners. 

MGW couldn't raise all money it tried to raise in May and June.  The market is waiting to see it become real.  That means completing Telkwa, getting a licence to grow, sell and export, growing he first crop, getting approval from Health Canada, and then making the first sale.  Sales to China will blast the stock to the $10 we both agree MGW is capable of reaching.


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