- Maple Leaf Green World Inc. (MGW) retains Greendrop Capital as its strategic adviser
- GDC will also seek out critical industry partnerships and assist in organizational growth through tactical resource allocation
- GDC is comprised of a talented team of proven business experts with substantial experience spanning through multiple industries, including Cannabis
- GDC has been engaged by Maple Leaf for an initial period of twelve months, starting September 8, 2021
- Maple Leaf Green World Inc. (MGW) is down 12.50 per cent and is trading at C$0.035 at 9:30 am ET
Maple Leaf Green World Inc. (MGW) has retained Greendrop Capital as its strategic adviser.
Greendrop Capital Corp (GDC) will provide strategic advice, assist in capital raises, marketing consulting, and business development services.
GDC will also seek out critical industry partnerships and assist in organizational growth through tactical resource allocation.
GDC is comprised of a talented team of proven business experts with substantial experience spanning multiple industries, including cannabis. GDC will support Maple Leaf’s management team to build out revenue streams and work towards long-term goals.
“We strongly believe the values of both firms align with the overall objectives of the Maple Leaf stakeholders,” said Kevin Schoenewolf, lead Financial Analyst at Greendrop Capital Corp.
GDC is an investment firm, split into two segments: Investments and Advisory Services. Greendrop Capital Investments manages a portfolio of small-cap and private placement deals for individuals with a high-risk tolerance.
Greendrop Capital Advisory Services provides consulting services for innovative companies looking to expand operations, raise capital, and/or go public. The overall mission for GDC is to support and grow our client’s wealth and companies through cutting-edge strategies, unique opportunities, and valuable insights from industry experts.
GDC has been engaged by Maple Leaf for an initial period of twelve months, starting September 8, 2021, and then shall be renewed automatically for successive one-month periods thereafter, unless terminated by Maple Leaf in accordance with the agreement.
Maple Leaf will pay GDC a quarterly fee of USD $80,000, plus applicable taxes, during the Initial Term in cash or shares and a success bonus of up to USD $80,000 as determined by Maple Leaf. A fee of USD $25,000 per month will apply after the Initial Term.
Maple Leaf has also granted GDC 1,000,000 stock options that may be exercised at an exercise price of CAD $0.05 per common share for a period of three years from the date of issuance.
“We are confident that GDC will add substantial value to our organization through the experience of their highly specialized advisory team and contacts in the industry,” said Raymond Lai, CEO of Maple Leaf Green World.
Maple Leaf Green World Inc. (MGW) is down 12.50 per cent and is trading at C$0.035 at 9:30 am ET.
