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    Maple Leaf Green World Inc.  649  0 Kommentare Corporate Developments in California

    CALGARY, ALBERTA--(Marketwired - June 22, 2015) - Maple Leaf Green World Inc. (TSX VENTURE:MGW) ("Maple Leaf" or the "Company") provides the following update on certain operational initiatives and corporate matters:

    Medicial Marijuana Project in California

    The Company announces that the drilling of its water well announced on June 4th has been completed. Water was encountered at the depth of 690 ft and the flow rate is between 25 to 30 gallons a minute. Management believes the water supply from this well will be sufficient, not only for its current medical marijuana project, but also for possible expansion(s) in the future to meet increased demand.

    On the regulatory front, Assembly Bill 266 ("AB266") has recently been passed in California, with the support of the League of California Cities, Police Unions, Growers, ASA, and many other organizations. According to official commentary on the new legislation, AB 266 spreads regulatory authority around the capitol, establishing a licensing and regulatory framework for medical cannabis under a new "Office of Marijuana Regulation" within the Office of the Governor. Maple Leaf believes AB266 clears away any remaining uncertainty for all marijuana growers in California and it also provides a clear path for next year's public referendum on the legalization of the recreational marijuana.

    "We are thrilled to find water under the current severe drought condition in California so we can move forward with the project. We are also encouraged that California has had progress developing balanced state-wide medical marijuana regulations." said Raymond Lai, President & C.E.O. of Maple Leaf.

    For further information regarding Maple Leaf Green World Inc., visit www.mlgreenworld.com.

    About Maple Leaf Green World Inc.

    Maple Leaf is a Canadian company that focuses in the agricultural/environmental industry with four main areas of activity:

    1. Canadian MMPR - It pursues opportunities within the medical cannabis industry. If and when a MMPR license is obtained and through an agreement to lease a greenhouse facility with Woodmere Nursery Ltd., it will become a Canadian producer. It is currently seeking a Canadian MMPR licensed producer status to grow medical cannabis in Canada for domestic consumption and export to approved countries.
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    Maple Leaf Green World Inc. Corporate Developments in California CALGARY, ALBERTA--(Marketwired - June 22, 2015) - Maple Leaf Green World Inc. (TSX VENTURE:MGW) ("Maple Leaf" or the "Company") provides the following update on certain operational initiatives and corporate matters: Medicial Marijuana …