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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
Post by Assouf2008on Jan 21, 2010 8:34pm
556 Views
Post# 16706260

Same could apply to MPE

Same could apply to MPESome of the same things could be said about MPE as well:
https://www.globeinvestor.com/servlet/story/GAM.20100112.RKORTJE12ART1905/GIStory/


Although MPE is tiny compared to HangFeng Evergreen, but we may be witnessing a similar growth story. HF is a much more mature business model with $445M in market cap and $279M in annual revenue. From 2007 to 2008 HF's revenue grew by 3 times and even though 2008 to 2009 was a hard economic year, they grew revenue a further $30M!

MPE saw some teething problems in delivery of their production last year, but still saw record growth in revenue. This is to be expected as some of the projects were really in their infancy. In 2010 with more capital investment and more production coming online, I can see a significant breakthrough in revenue and as a result a systemic rise in share price. It really woudn't take much for this stock to see upwards of .50 to .75 especially if we see some strong sales numbers by mid year.
Bullboard Posts