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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 ezemoneyon Apr 03, 2019 10:06pm
81 Views
Post# 29579823

RE:Financials Posted

RE:Financials PostedThese numbers are as at Dec so with zero revenue and no other liquid assets it would be safe to assume they are currently in severe financial distress.

With so many loans and notes due this year, chapter 11 is possible and a distressed sale of capital assets is possible.

Lastely the state of mismanagement  and the financials no one wants to pour more money into this and risk getting taken to the cleaners thus the ongoing financiars turndown.

These guys are the worst I have seen.


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