Maple Leaf Green World announced that, after careful consideration of other options, the company intends to build a new facility for its Nevada operations, using the same site BioNeva Innovations of Henderson LLC (‘BioNeva’) employed to obtain its cultivation permit (the ‘Permit’). After reviewing many existing industrial properties in Henderson over the last two months, the company was unable to find a property that satisfied their operational requirements, without major renovations. As such, management has decided to build a new facility to meet its specifications and the requirements of the City of Henderson. Maple Leaf believes that constructing a new facility will not only save money, but will also save it the time associated with transferring the Permit to a new site. This decision will allow the company to move quickly to acquiring the Permit, pursuant to the terms of the previously announced LOI, through the purchase of 100% of the shares of BioNeva, the company created to hold the Permit. The company is currently in negotiations with the owner of the vacant site used by BioNeva in its original permit application. Once this site is secured, the company will finalize the acquisition of the Permit from BioNeva as outlined above.