Maple Leaf Green World (MGW.NEO) pays $900 hemp license fee, gets $15m market cap jump because people are dumb

It never ceases to amaze me how folks prefer to get their trade order in before doing their research, even on companies dripping in debt, that have failed at every single thing they’ve attempted over several years. What’s up, Maple Leaf Green World (MGW.NEO), a company so deficient in every respect that it trades on an exchange nobody else is interested in being listed on, has failed in every task it has announced since 2014, and can’t get its BC grow facility finished or sold because it is subject to liens from local contractors.

This is an actual MedMen (MMEN.C) news release

When a cannabis company loses a lot of money every quarter, and has to sell real estate, cancel acquisitions, lay off staff, renegotiate existing financing to higher interest rates and offer stock to new financiers at a discount to the market price, all to stay afloat, one might expect their newsflow to show bold new moves, innovation, maybe some hard austerity decisions.