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Bullboard - Stock Discussion Forum 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 Discussion

Maple Leaf Green World Inc. > Production license
View:
Post by Canada8 on Oct 18, 2018 12:16am

Production license

This is just a question that I need to ask everyone here.
Did Mgw get a production or sales license?
Im pretty sure I’ve been paying attention and I’m wondering if I missed the part where they announced that the facility was complete and they have submitted for final inspection. 
I just watched Matica go through this and it took 9 months to get a production license with David Hyde’s help.
Maybe that so called “active review stage” makes things quicker, I don’t know. Completing the facility will be a great day but to directly to crop might depend a little on Health Canada. We also in the past applied for a dealers license. 
Whatever is going on it would be nice to get some company info.

Oh ya my other thought would still be.
What in the wide world of sports is going on with Nevada? Building permit yet?
Cause the company has a license through bio Neva already. Hmmmmm

Oh well I’ll just hurry up and wait.
Comment by RileyFTW on Oct 18, 2018 1:37am
They haven't gotten either yet. As soon as they complete the facility, they can submit video evidence to health canada and get issued a cultivation license. With the cultivation license, they can grow 2 batches and submit them to health canada for testing. If they come back contaminate free, then they will be issued a sales license. It's anybody's guess as to when the facility will be ...more  
Comment by maryhill on Oct 18, 2018 6:52am
This post has been removed in accordance with Community Policy
Comment by Canada8 on Oct 18, 2018 11:43am
Thanks RileyFTW and Maryhill  They must be very close to several news updates. 
Comment by maryhill on Oct 18, 2018 7:05am
This post has been removed in accordance with Community Policy
Comment by betsonvalue on Oct 18, 2018 10:53am
Looks good :) $0.57 in Jan '17
Comment by Easymoney15 on Oct 18, 2018 11:28am
That’s the new prediction? 57cents in 3months? 
Comment by betsonvalue on Oct 18, 2018 3:37pm
No, that was January 2017 real SP. Pretty telling that it was higher back then on news that was at the time, known to be a far ways away from completion. Now we're closer to revenue and it's cheaper. Can't deny it's much better value!
Comment by Easymoney15 on Oct 18, 2018 4:06pm
Back then the news was Telkwa will be completed end of 2017 and licensing after  that’s the only reason we where at 57 cents then it jumped to 52 week highs with some USA news and non of that stuff has happened yet either . California got shut down . That’s the sad truth Why didn’t they build Nevada first ? With a license they could be making money now there hanging on  by a thumb nail ...more  
Comment by Easymoney15 on Oct 18, 2018 2:28pm
Hoping for a lift when production license comes then I’m dumping everything they won’t make a sale till late 2019 the building needed to be complete in 2017 . It’s a painful long process now to sales and there’s nothing we can do about that . And hearing different bullshit answers from management blows my mind. If they where honest and informative I wouldn’t care but getting 4 different answers in ...more  
Comment by KarenTurner on Oct 18, 2018 12:44pm
Correct me if I am wrong, but I believe that you need to do one complete harvest and submit for testing before receiving the license.
Comment by KarenTurner on Oct 18, 2018 12:45pm
Sorry.... this was already said below. Apologies.
Comment by Assouf2008 on Oct 18, 2018 4:42pm
It is no surprise that most shareholders, including myself, are frustrated and dissappointed by the inaction and inefficiency of management. Particularly, if you speak with Raymond about failure to meet timelines or shareholder support, it just becomes a blame game and fingerpointing, rather than a meaningful discussion of corrective actions. Now that legalizatiion day has come and gone, it surely ...more  
Comment by revelation182 on Oct 19, 2018 9:20am
  Greg Moline Director Greg Moline is President and CEO of High Brix Manufacturing Inc., based in Leduc, Alberta. For the past thirty-two years, Mr. Moline has successfully managed and operated two primary businesses."""" He started his own construction company in Edmonton and has operated it successfully for twenty-ve years"""". Because of ...more  
Comment by Easymoney15 on Oct 19, 2018 12:07pm
And what has greg moline accomplished with mgw ? How many years working for mgw ?  The answer is nothing 
Comment by revelation182 on Oct 19, 2018 12:28pm
                    And Raymond Lai CPA, Chairman of the Board, President and CEO Raymond Lai has been a"""" certified professional accountant for over 25 years""""" and has held key roles for public companies in the manufacturing, mining and packaging industries for over 10 years.  He ...more  
Comment by Easymoney15 on Oct 19, 2018 12:43pm
Mr. Lai Accomplished nothing in 5 years and blames other companies for mgws problems  unprofessional this guy has destroyed this companies rep  garbage management . 
Comment by Easymoney15 on Oct 19, 2018 2:33pm
Looking good 38 cents 
Comment by BlackjackBenny on Oct 19, 2018 2:54pm
The market manipulation is just carrying over into all the smalls also. This is temporary and there is nothing MGW can do about it.
Comment by Easymoney15 on Oct 19, 2018 3:01pm
Your right but once everyone finds out about delays and licensing process mgw has to go thorough this stock is going to be worth 20-30 cents . 
Comment by maryhill on Oct 22, 2018 10:40am
This post has been removed in accordance with Community Policy
Comment by tankingfrank on Oct 22, 2018 10:49am
growing a weed indoors, is really not that profitable.  this will go to zero..
Comment by Easymoney15 on Oct 22, 2018 12:14pm
There is already a shortage across Canada 
Comment by tankingfrank on Oct 22, 2018 2:12pm
yeah but mgw has no license, so they cant capitalize..  at 30 cents its still a 45 million mkt cap..  blissco has license and is 35 million.. so mgw should trade at 20 cents,
Comment by Easymoney15 on Oct 22, 2018 3:05pm
I like how you compare it to other stocks lol there will always be a market for top quality products the country is legal now and more states and countries will follow saying it’s going to hit zero  is a little amateur wouldn’t you say ? 
Comment by JohnnyNoBrakes on Oct 22, 2018 3:08pm
MGW has operations in the US ready to go for legalization there.  Now that they have the money for Telkwa, they just need to finish construction, grow a crop for Health Canada, and then start selling.  They will be sold out for at least 2 years.  Money is coming, and this is a great price.
Comment by Easymoney15 on Oct 22, 2018 3:16pm
They will need a sales license too it’s going to take a little more time then we think but they will get there .
Comment by Easymoney15 on Oct 22, 2018 3:35pm
California operations could get going in December the vary earliest 
Comment by tankingfrank on Oct 22, 2018 8:30pm
Lol -  how do you see that. —- management ?  Last year they told everyone there would already be 10 greenhouses.  They need at least 5-10 million more.- and since it does not look like they will get it. Zero is possible, since none of it makes any money. 
Comment by Easymoney15 on Oct 22, 2018 10:52am
20-30 cents that is the reality of things I said and expect it right now might stay at this level awhile but eventually it will recover. You even said it what a way to talk down the sector to get new money in 
Comment by tankingfrank on Oct 19, 2018 11:44am
they are probably a year away from sales. so loading up with debt is not going to help an inept management group.
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