Maple Leaf Green World Inc. Announces Submission of Abridgement application to Health Canada
CALGARY, Aug. 8, 2017 : Maple Leaf Green World Inc. ("Maple Leaf" or the "Company") announces the Company has submitted an abridgement application (the "Abridgment Application") to Health Canada under the Access to Cannabis for Medical Purposes Regulations ("ACMPR") for a license to produce and sell cannabis (the "License").The Abridgement Application is an update and revision of the Company's original application for the License pursuant to the Marihuana for Medical Purposes Regulation ("MMPR") (the MMPR were succeeded by the ACMPR on August 24, 2016). The Abridgement Application provides an updated general description of the Company's cannabis cultivation facility to be constructed in Telkwa, British Columbia (the "BC Site"), and outlines certain revisions to the Company's original License application. The Abridgement Application includes the following main components:
1.The floor plan of the 30,000 sq, ft. facility to be built at the BC Site with detailed layout of the security system and growing operation.
2.Growing capacity of up to 5,500 KG a year based on projections of 50% for dry marijuana and 49% for Cannabis oil and 1% for other Cannabis product.
3.Expected marketing of 84% of all products to patients and 16% to other licensed producers.
Health Canada is expected to review the Abridgement Application and may advise the Company of additional questions or comments. Upon Health Canadas satisfactory review of the Abridgement Application, it is expected that the Company will then be required to submit pictures, videos, and relevant documentation to Health Canada to demonstrate that the BC Site is built and operational, after which a License is then expected to be issued to the Company provided Health Canada finds the Company's submissions compliant with ACMPR licensing requirements.
For further information regarding Maple Leaf Green World Inc., please visit www.mlgreenworld.com.