Maple Leaf Green World Inc.: A Major Step Forward in Coronation, Alberta’s Economic and Community Development
Calgary, Alberta – Maple Leaf Green World Inc. (CSE: MGW) (OTC Pink: MGWFF), a publicly traded company focused on the growth, production, and sale of cannabis and hemp products, is thrilled to announce the signing of two significant agreements with the Town of Coronation, Alberta. These agreements mark a major step forward in the economic and community development of the Town.
The Agreements
The first agreement is for the lease of a 30,000 sq. ft. building located in the Town of Coronation. Maple Leaf plans to convert this building into a state-of-the-art cannabis production facility. The second agreement is for a 10-year commercial lease with the Town for a retail cannabis store, which will be operated by Maple Leaf.
Economic Impact
The economic impact of these agreements is expected to be significant for the Town of Coronation. The construction of the production facility is expected to create around 50 jobs during the building phase and approximately 50 full-time jobs once operational. The retail store is also expected to create around 10 full-time jobs. Additionally, Maple Leaf has committed to sourcing as many supplies and services as possible from local businesses, further boosting the local economy.
Community Development
These agreements also represent an opportunity for community development in Coronation. The production facility will be located in an area of the Town that has been industrially zoned but has been underutilized for several years. The retail store will be located in a high-traffic area of the Town, bringing in additional foot traffic and revenue for local businesses. Maple Leaf has also committed to engaging with the community throughout the construction and operation of the facility and store.
Impact on Individuals
For individuals in Coronation, these agreements may lead to new employment opportunities. The production facility and retail store will create jobs in various fields, including construction, manufacturing, and retail. Additionally, the increased foot traffic and revenue generated by the retail store may lead to new business opportunities for local entrepreneurs.
Impact on the World
On a larger scale, the cannabis industry is expected to continue growing both in Canada and globally. Maple Leaf’s expansion into Coronation is a reflection of this trend. As more countries legalize cannabis for medical and recreational use, companies like Maple Leaf will continue to seek out new opportunities to produce and sell their products. This can lead to increased competition and innovation in the industry, potentially leading to lower prices and better products for consumers.
Conclusion
The signing of these agreements between Maple Leaf Green World Inc. and the Town of Coronation represents a major step forward in economic and community development for the Town. The construction of a state-of-the-art cannabis production facility and retail store is expected to create jobs, boost the local economy, and bring new opportunities for community engagement. For individuals in Coronation, these agreements may lead to new employment opportunities and potential business opportunities. On a larger scale, Maple Leaf’s expansion into Coronation is a reflection of the growing cannabis industry and the trend towards legalization in more countries. This can lead to increased competition and innovation in the industry, potentially benefiting consumers around the world.
- Maple Leaf Green World Inc. signs agreements with Town of Coronation for cannabis production facility and retail store
- Agreements mark major step forward in economic and community development for the Town
- Construction of production facility expected to create around 50 jobs during building phase and 50 full-time jobs once operational
- Retail store expected to create around 10 full-time jobs
- Maple Leaf commits to sourcing supplies and services from local businesses
- Production facility to be located in industrially zoned area of Town
- Retail store to be located in high-traffic area of Town
- Maple Leaf to engage with community throughout construction and operation
- Cannabis industry expected to continue growing both in Canada and globally
- Maple Leaf’s expansion into Coronation a reflection of this trend
