Biolinear is a technology company based in
“We are excited to move forward with Biolinear and form this Joint Venture,” said
The JV will combine Biolinear’s CES, GelPatchTM, and NanoSpheresTM technologies with MGW’s hemp products to develop a new product line. This Proprietary Product will be in effect for one (1) year. Either party can renew this agreement with sixty (60) days’ notice. MGW will distribute, on behalf of the JV, to its existing and potential client base consumer products containing the Biolinear technology.
For further information regarding Biolinear, please visit https://biolinear.com/.
For further information and updates regarding the Company, please visit https://www.mlgreenworld.com/.
For updates regarding the
About
Maple Leaf is a public Canadian company that is focused on the hemp industry in
Forward Looking and Cautionary Statements
This news release may include forward-looking statements including opinions; assumptions; estimates; the Company’s assessment of future plans and operations; and, more particularly, statements concerning: the Proposed Transaction and the timing thereof; When used in this document, the words “will”, “anticipate”, “believe”, “estimate”, “expect”, “intent”, “may”, “project”, “should”, and similar expressions are intended to be among the statements that identify forward-looking statements. The forward-looking statements are founded on the basis of expectations and assumptions made by the Company that include, but are not limited to, the timely receipt of all required regulatory and third-party approvals, including approvals from the CSE and from the shareholders of Maple Leaf. Forward-looking statements are subject to a wide range of risks and uncertainties, and although the Company believes that the expectations represented by such forward-looking statements are reasonable, there can be no assurance that such expectations will be realized. Any number of important factors could cause actual results to differ materially from those in the forward-looking statements including, but not limited to: regulatory and third party approvals, including approvals from the CSE and from the shareholders of Maple Leaf, not being obtained in the manner or timing anticipated; the ability to implement corporate strategies; the state of domestic capital markets; the ability to obtain financing; changes in general market conditions; industry conditions and events; and other factors more fully described from time to time in the reports and filings made by the Company with securities regulatory authorities. Please refer to the Company’s annual information form (“AIF”) for the year ended
Except as required by applicable laws, the Company does not undertake any obligations to publicly update or revise any forward-looking statements.
For further information, please contact:
+1(403) 452-4552
rlai@mlgreenworld.com
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