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Maple Leaf Green World Inc MGWFF


Primary Symbol: C.MGW

Maple Leaf Green World Inc. is a Canadian company that is focused on the health and wellness industry in North America and China. The Company's portfolio includes a plant-based health and wellness project in Southern California, an essential oil project in China, and investments in renewable energy initiatives. It is engaged in the hemp products market in the state of California, United States. It is focused on exploring new renewable energy projects to invest in including a solar power and new wind turbine technology project to pilot on its California property and various locations in Alberta. Its projects include renewable energy, solar farm and 12 megawatts (MW) DC solar farm. The Company has leased four acres of farmland at San Diego with facility to process wellness and health supplement products such as essential oil and herbal supplements and may use the outdoor space to grow some special strain cannabigerol (CBG) and cannabidiol (CBD) to enhance its product line.


CSE:MGW - Post by User

Post by Grizzlyadams1on May 02, 2023 6:59pm
417 Views
Post# 35426338

Fraudulent or Illegal Activity by Employees, Contractors,

Fraudulent or Illegal Activity by Employees, Contractors,

The Company is exposed to the risk that its employees, independent contractors, and consultants may engage in fraudulent or other illegal activity. Misconduct by these parties could include intentional, reckless and/or negligent conduct or disclosure of unauthorized activities to the Company that violates: (i) government regulations; (ii) manufacturing standards; (i) federal and provincial healthcare fraud and abuse laws and regulations; or (iv) laws that require the true, complete, and accurate reporting of financial information or data. It is not always possible for the Company to identify and deter misconduct by its employees and other third parties, and the precautions taken by the Company to detect and prevent this activity may not be effective in controlling unknown or unmanaged risks or losses or in protecting the Company from governmental investigations or other actions or lawsuits stemming from a failure to be in compliance with such laws or regulations. If any such actions are instituted against Maple Leaf, and it is not successful in defending itself or asserting its rights, those actions could have a significant impact on Maple Leaf's business, including the imposition of civil, criminal, and administrative penalties, damages, monetary fines, contractual damages, reputational harm, diminished profits, and future earnings, and curtailment of the Company's operations, any of which could have a material adverse effect on the Company's business, financial condition, and results of operations.

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