Maple Leaf Retains Advisor to Help with MMPR Process


Ryan Allway

June 10th, 2014

News, Top News


[stockchart symbol=”MPEFF”]

Maple Leaf Green World [stockquote symbol=”MPEFF”] (TSX-V: MGW), an agricultural and environmental firm focused on the medical cannabis market, recently announced that it retained Aslan Ross Consulting Inc. and Mr. Ivan Ross Vrana as its advisor to assist it in obtaining a Licensed Producer under Canada’s news Marihuana for Medical Purposes Regulations (“MMPR”).

“We are excited to be working with one of the pioneers of Health Canada’s MMPR program from the start,” said President and CEO Raymond Lai. “Mr. Vrana’s expertise will prove invaluable in helping us prepare applications, respond to concerns, and ultimately secure an MMPR license in a timely manner and ultimately generate long-term value for our shareholders.”

In 2008, Mr. Vrana worked with Health Canada leading the policy team that developed the MMPR program to replace the legacy Medical Marihuana Access Regulations (“MMAR”) program. In 2012, he left Health Canada to start Aslan Ross Consulting, which helps organizations formulate plans and interact with the Canadian government in order to achieve their desired goals.

The move comes shortly after the company leased a greenhouse facility in British Columbia to grow medical marijuana and hired Perry Lee as its Head of Quality Assurance. With more than 300,000 square feet of growing space available, the company’s management is targeting initial production of 7,000 kilograms per year with around 50 different strains grown within the facility.

Health Canada believes that the country’s medical marijuana market could reach $1.3 billion by 2020 with magnitudes more patients than under the MMAR program. Under the MMPR program, these patients will be required to purchase medical marijuana directly from licensed producers rather than growing their own or purchasing it from government facilities.

Shares of Maple Leaf Green World jumped more than 20% in early trading on Tuesday morning, while shares are trading up more than 1,500% so far this year.

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.

Disclaimer: Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.



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