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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 Nov 21, 2019 10:29pm
203 Views
Post# 30380816

RE:RE:Just Sad

RE:RE:Just SadGrizzly, my take is that Maple Leaf has alway been a company with great potential.  Calif and Telkwa are good foundations.  I assume NV is completely lost.  In about 90 days it will be 2 years since breaking ground in BC, for a 5 mth project.  The new talk of Calif should be nicknamed a "Squirrel Strategy". Something to keep the shareholders occupied.

Going foward, its not that Raymond should be gone, a whole new Board and management team needs to come in, recapitalize the company and achieve some things.  At the best, some dilution, with 2020 being a year of new direction and reason to believe holding on wasn't such a bad idea.

Decision Time will be at the end of next RRSP season, see if the MJ market moves up, such that MGW would be worth taking over mgmt of and injecting cash.

Best Wishes. 

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