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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

Post by EricCCCon Nov 20, 2018 4:44pm
136 Views
Post# 29001739

some quick facts of the new deal

some quick facts of the new dealRegardsless how everyone feel about the news, actually there is not immediate huge cash impact, the payment schedule as follow, focus on out -of-pocket cash:

Within 30 business days from Nov 14 : $100K USD ash (before December 28th, refundable if the transfer of license does not happen)

Within 30 business days after the License is transferred to SSGW and a location of SSGW’s choice in Clark County: $400K USD cash (date unknow, between now and Oct 1, 2019)

between Oc 1 adn Dec 31, 2019: combination of $3 million cash and stocks


This deal doesn't add any real short-term value but seems quite risk free for now
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