Maple Leaf Green World Inc. Enters Chinas Health and Wellness Market By Forming a New JV Company with Beijing Forest Eco
December 07, 2021 at 07:00 pm IST
Maple Leaf Green World Inc. announced that Maple Leaf has signed a joint venture agreement (the JV) with Beijing Forest Eco Program and Technology Co. Ltd. The purpose of the JV is to form a new JV company to develop natural health and wellness products using essential oil and hemp oil and enhanced with Maple Leafs licensed nano technology from Biolinear Technologies. The JVs products will be marketed and distributed in China and North America. Forest Eco was established in 2004 with its headquarters in Zhong Guan Cun Innovation Hub in the Haidian District of Beijing. Zhong Guan Cun Innovation Hub is home to over 20,000 high tech firms, including some of Chinas biggest internet firms such as Baidu and Sina. It is the centre of Chinas aim to become a tech powerhouse, similar to Silicon Valley.