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Maple Leaf Green World ( (TSE:MGW) ) has provided an update.
Maple Leaf Green World Inc. has entered into agreements with the Town of Coronation to develop an Industrial Park and affordable housing on 25 acres of land and six residential lots provided by the town. The project, which includes greenhouses, a food processing plant, and a solar power facility, aligns with Maple Leaf’s strategic shift towards renewable energy and is expected to boost the local economy, create jobs, and attract investment. This initiative marks a significant step in Maple Leaf’s transition from its previous focus on hemp and cannabis to a business model centered on sustainability and self-sufficiency.
More about Maple Leaf Green World
Maple Leaf Green World Inc. operates in the renewable and zero-emission energy sector, focusing on greenhouse operations and affordable housing. The company aims to reduce reliance on imported produce by cultivating its own vegetables and fruits, and is transitioning from hemp and cannabis cultivation to more sustainable energy solutions such as solar farms.
YTD Price Performance: 50.0%
Average Trading Volume: 21,897
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$1.75M
See more data about MGW stock on TipRanks’ Stock Analysis page.
