Business
Maple Leaf Receives Permit and Resale Certificate for California MJ Project
Maple Leaf Receives Permit and Resale Certificate for California MJ Project Maple ...
About this update from Maple Leaf Green World, Inc.
[{"type":"text","content":"\n\n\n\nMaple Leaf Receives Permit and Resale Certificate for California MJ Project\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\nMaple Leaf Receives Permit and Resale Certificate for California MJ Project\nCanada NewsWire\nCALGARY, May 10, 2016\n\n\n\n(TSX-V: MGW)\n\nMay 10, 2016 – $0.12\n\n\n\nCALGARY, May 10, 2016 /CNW/ - Maple Leaf Green World (MGW-V) (\"Maple Leaf\" or the \"Company\") announces that the Company has received a seller's permit and resale certificate from the Board of Equalization of the State of California. As such, the Company is fully compliant with the laws of California regarding the growing and selling of marijuana for medical purposes. Furthermore, with the seller's permit in place, the Company has opened a business account with a major U.S. bank to handle all of its banking needs, including the transfer of funds to Canada, as required.  The permit and resale certificate makes the Company eligible to apply for a new medical marijuana license when such licenses become available.  Management considers these achievements to be significant for Maple Leaf as it gets closer to generating positive cash flow from its operations in California. The Company intends to keep current with the upcoming referendum for recreational marijuana legalization in California and the latest developments in medical marijuana licensing laws.\n\nFor further information regarding Maple Leaf Green World Inc., Please visit www.mlgreenworld.com. \n\nAbout Maple Leaf Green World Inc.\n\nMaple Leaf is a Canadian company that focuses in the agricultural/environmental industry with four main areas of activity:\n\n\nCanadian 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 Canadian MMPR licensed producer status to grow medical cannabis in Canada for domestic consumption and export to approved countries.\nCalifornia Proj...