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Maple Leaf Green World Inc C.MGW

Alternate Symbol(s):  MGWFF

Maple Leaf Green World Inc. is a Canada-based company, which 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 has one reportable segment, which is eco-agriculture, and it has two geographical segments, which is Canada and United States. The Company is also engaged in the hemp products market in the state of California, USA. It 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 CBD to enhance its product line. It also operates five greenhouses plus outdoor space growing La Creme at full capacity.


CSE:MGW - Post by User

Post by AveragePennyon Dec 07, 2021 10:40am
187 Views
Post# 34206117

Maple Leaf Green World Inc. Enters China’s Health

Maple Leaf Green World Inc. Enters China’s Health

Forest Eco was established in 2004 with its headquarters in Zhong Guan Cun Innovation Hub in the Haidian District of Beijing. Zhong Guan Cun Innovation Hub is home to over 20,000 high tech firms, including some of China’s biggest internet firms such as Baidu and Sina. It is the centre of China’s aim to become a tech powerhouse, similar to Silicon Valley.

Forest ECO is the first to put forward the basic concept of plant therapy towards health promotion and actively researches and develops high-grade, medicinal, essential oil products. Additionally, Forest Eco promotes national forest rehabilitation and forest health which has gained strong support with the Chinese government and the State Forestry and Grassland administration. Forest Eco actively promotes and organizes the development of national forest health by conducting technical seminars and training courses to thousands of individuals. Year to date, Forest Eco has a revenue stream of USD $1.4M and is projected to earn revenues of USD $1.8M the following year.

Forest health is a systemic project connecting people and nature to improve the body’s self-healing ability. Forest Eco is comprised of a strong technical team and industry partners that has contributed to the completion of dozens of special projects. Using modern quantum medicine theory and traditional Chinese medicine technology, Forest ECO has developed a series of products and instruments suitable for health promotion and chronic disease rehabilitation. Forest Eco utilizes its land holdings and the vast natural plant resources found exclusively in China’s climate zone to develop a specialized product line of essential oils.

“We are thrilled to form a new company with Forest Eco and begin distributing wellness products in the Chinese market,” said Raymond Lai, Maple Leaf’s President and Chief Executive Officer. “We have been closely monitoring the strong growth of the industry in this region and anticipate it will only continue to grow for the foreseeable future. Maple Leaf has a strong partner in this JV, with extensive experience in the wellness and agricultural market in China. This JV also provides an excellent opportunity to distribute essential oil wellness products in the North American region.”

https://www.globenewswire.com/news-release/2021/12/07/2347420/0/en/Maple-Leaf-Green-World-Inc-Enters-China-s-Health-and-Wellness-Market-By-Forming-A-New-JV-Company-with-Beijing-Forest-Eco.html

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