Maple Leaf Green World

High Quality Cannabis Cultivation Projects in California, Nevada and B.C.

This profile is part of a paid investor education campaign.*

Corporate Overview

Maple Leaf Green World Inc (NEO:MGW & OTCQB:MGWFF) and its subsidiaries (“Maple Leaf”) focus on the emerging cannabis industry in North America. Maple Leaf leverages a decade of extensive greenhouse management experience, eco-agricultural knowledge, and cultivation technology with the goal of producing high quality cannabis products for both the domestic and international market.

Maple Leaf has land holdings in British Columbia, Nevada, and California allowing it to be uniquely positioned in the North American market. The company has filed an application under Access to Cannabis Medical Purposes Regulations (ACMPR) for its cultivation project in British Columbia and is currently under Active Review – Stage 5 of 7 established under the ACMPR. Maple Leaf owns a Medical Marijuana Establishment Cultivation Permit in Nevada and is in the process of constructing a 20,000 sq. ft. indoor cultivation facility in Henderson, Nevada. Maple Leaf is also in the process of constructing a 27,200 sq. ft. indoor cultivation facility in British Columbia. The company owns two 3,000 sq. ft. greenhouse facilities in California and is anticipating the construction of an additional ten greenhouses. Additionally, the company has plans to develop cannabis-derived oil products for export to global markets with medical cannabis programs in place.

Market Overview

According to cannabis market research leader, Arcview Market Research, the North American cannabis market reached almost $10 million in 2017, which is expected to rise at a compound annual growth rate (CAGR) of 26 percent to reach $21.6 billion by 2021.

On June 19, 2018, Canada’s Senate passed a historic bill — Bill C-45 — making Canada the second country in the world and the first G7 nation to legalize and federally regulate commercial production and sale of cannabis outside of medical use. An adult-use market for cannabis will operate alongside Canada’s medical and industrial hemp markets. All three markets will be primarily regulated under the Cannabis Act. Two key aspects of the Cannabis Act are the provincial regulation of adult-use cannabis storefronts, and in late 2019, increased diversity in saleable classes of cannabis. Deloitte’s recent report, titled “Recreational Marijuana: Insights and Opportunities”, pegs the total market size potential for legalized cannabis in Canada at $22.6 billion.

California: Producing in North America’s Cannabis Capital

California, the sixth largest economy in the world, is pegged to be the cannabis capital for the North American market. The state’s medical cannabis market reached $2.7 billion in 2015, representing 62 percent of all medical cannabis sales in the country, according to New Frontier. California’s cannabis market grew exponentially as recreational cannabis store sales became legal at the start of 2018.

Maple Leaf is working to position itself as a major supplier to this market with plans for expansion at the California-based property located in Riverside, California to a total of twelve 3,000 sq. ft. greenhouses. Maple Leaf currently owns two 3,000 sq. ft. greenhouse facilities on 20 acres of land in California. Maple Leaf is anticipating construction of ten additional greenhouses to produce sun-grown, pesticide-free, top quality cannabis in the next five years.

Nevada: Near-term Production in Premiere Entertainment Destination

In Nevada, recreational cannabis was legalized in 2017. Las Vegas, one of the continent’s top tourist and entertainment destinations, offers compelling investment opportunities. Maple Leaf has acquired land in Henderson, Nevada and is in the process of securing a cultivation license and in Nevada and expects to be operational in the state by early 2019.

Maple Leaf expects to begin construction of the 20,000 square feet cultivation facility in Q4 2018 with operations beginning in Q1 2019. Maple Leaf’s Nevada facility will have the capacity to produce 4,000 pounds of dry cannabis per year with the first full-year of production projected to generate revenue of approximately US$10 million.

British Columbia: Final Stage for ACMPR License

Maple Leaf’s B.C. based operation is in the final stages of Health Canada’s Access to Cannabis Medical Purposes Regulations (ACMPR) application process. With the help of Cannabis Compliance Inc, the company has updated their the application to include additional extraction and cannabis oil production requirements under current ACMPR standards.

A time-lapse detailing the construction of the 27,500 square feet cultivation facility can be seen on the company’s website and is anticipated to be completed and operational in August of 2018.

Highlights

  • Over ten years of eco-agricultural experience.
  • Targeting combined annual production capacity of 10,000 kilograms of top quality cannabis in North America.
  • Focused on developing new strains with high cannabidiol levels.
  • Produce top quality cannabis for the production of medical-grade cannabis-derived oil.
  • Have built two 3,000 sq. ft. greenhouse facilities in California on 20 acres of company owned land.
  • Permitted for 20,000 with a potential expansion of an additional 33,500 sq. ft. facility in Henderson, 15 miles from Las Vegas, Nevada.
  • 27,200 sq. ft. indoor cultivation facility under construction in Telkwa BC, stated for completion by end of 2018.
  • Facilities strategically chosen to promptly respond to both the medical and recreational sectors of cannabis in both Canada and the U.S.

Board of Directors

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 has been instrumental in securing corporate financing in both domestic and international markets.

Daniel Chu, Director and Chief Financial Officer

Daniel Chu, a chartered professional accountant since 1986, is a founding shareholder of Maple Leaf and has over 17 years of experience as a senior financial executive. He previously served as president of Duo Dynamic Capital Corp., a consulting company, Altarich Energy Inc., a publicly traded oil and gas company, and Optimal Choice Corporation, a wellness company.

Joe Wong, M.Sc., Director and Vice President of British Columbia Operations

Joe Wong is a highly experienced horticulturalist. He has spent the last 30 years improving nursery production and growing systems. He began his career with the B.C. Ministry of Forests in 1978 and, in 1985, started Woodmere Nursery, where he managed the design and construction of a greenhouse facility with an initial crop production of 2.5 million containerized seedlings per year. Those operations have now increased to 12 million seedlings annually and Woodmere has been a recipient of the prestigious Northern Forest Innovator’s Award for its research into improving the germination of trees.

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-five years. Because of his roots in farming, Mr. Moline became involved with soil testing. Armed with soil & plant health data from this work, Mr. Moline has spent the past seven years in the global manufacturing and distribution of soil technology processes.

Terence Lam, Director, Corporate Secretary and Treasurer

Terence Lam is a member of the PBA Society of Canada. Prior to spending nine years in an accounting practice, he owned and managed a wholesale and retail business for 11 years. He has worked with employees, financial institutions, suppliers and accountants to understand the complex requirements of a productive business culture.

Naj Zada, Director

Naj Zada joined the Board of Directors with over 16 years of technology, sales, and marketing experience. Currently President of Instalogic Inc., a private company involved in 200 custom projects and over 500 ongoing accounts, he has identified strategic markets and opportunities that have led to projects such as InstaTable Inc., a restaurant reservations application and technology, IQuRe Inc., a charitable donations application and technology, and SoftAlive Inc., an internal complete project management software technology.

Management Team

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 has been instrumental in securing corporate financing in both domestic and international markets.

Daniel Chu, Director and Chief Financial Officer

Daniel Chu, a chartered professional accountant since 1986, is a founding shareholder of Maple Leaf and has over 17 years of experience and as financial and senior executive. He previously served as president of Duo Dynamic Capital Corp., a consulting company, Altarich Energy Inc., a publicly traded oil and gas company, and Optimal Choice Corporation, a wellness company.

Joe Wong, M.Sc., Director and Vice President of British Columbia Operations

Joe Wong is a highly experienced horticulturalist. He has spent the last 30 years improving nursery production and growing systems. He began his career with the B.C. Ministry of Forests in 1978 and, in 1985, started Woodmere Nursery, where he managed the design and construction of a greenhouse facility with an initial crop production of 2.5 million containerized seedlings per year. Those operations have now increased to 12 million seedlings annually and Woodmere has been a recipient of the prestigious Northern Forest Innovator’s Award for its research into improving the germination of trees.

Jameson Welbourn, Vice President of Business Development

Jameson Welbourn is a business development executive with over six years of experience specializing in the commercial real estate industry representing both tenants and landlords. He has a proven track record for identifying and capturing market opportunities and has brokered over 90 landlord-tenant lease transactions, valued in excess of $20 million. He has successfully created, lead and executed detailed sales and business development strategies. Companies represented include; FT Services, Baron Oilfield Supply, Striker Resources, Acme Energy, The Consulate of Mexico, The Historical Society of Alberta, Engineered Chemistry and the Munich Reinsurance Company of Canada. Jameson has a deep passion for the business of cannabis and has been following the industry closely since 2005.

Ken Suydam, Head of Cultivation and Cannabis Technologies

Ken Suydam was master grower at Dystinctively Different Herb Co. LLC, an award-winning cannabis grower. Before that, he served as cultivation facility construction and grow consultant at The Proving Grounds LLC. Under his tenure, Dystinctively won the 2014 High Times Cannabis Cup and placed second in both the Hybrid and Indica categories. Other awards garnered under his leadership include a first place for rosin at Chalice 2015. This was the first rosin award ever given out in the United States.

Tracey Scott, CPA, Corporate Controller

Tracey Scott comes to Maple Leaf with over 20 years’ experience in accounting. Tracey has been a Controller for several corporations, most recently for Platinum Communications Corporation, a TSXV exchange listed company supplying internet to rural Alberta. She has also worked in public practice and had her own firm serving small and medium businesses in Alberta.

Terence Lam, Director, Corporate Secretary and Treasurer

Terence Lam is a member of the PBA Society of Canada. Prior to spending nine years in an accounting practice, he owned and managed a wholesale and retail business for over a decade. He has worked with employees, financial institutions, suppliers and accountants to understand the complex requirements of a productive business culture.


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