The health and wellness industry has grown at a fairly decent clip in recent times and nowadays plenty of investors are now interested in the sector for obvious reasons. Those looking for stocks in the sector have plenty of options as well and one of the companies which could well be worth looking into is Maple Leaf Green World Inc (OTCQB:MGWFF) (CSE:MGW).
On Thursday, MGWFF stock was higher by 5.74% to $0.0350 with 21K shares, compared to its average volume of 4.4K shares. The stock has jumped about 17% in the past week.
The company is based out of Canada and is mainly involved in the health and wellness industries of North America and China, both massive markets. At this point in time, it operates a hemp project in Southern California and an essential oil plant in China. However, that is not all. Maple Leaf Green World is also making plans to invest in a real estate investment trust in the Cayman Islands.
Maple Leaf Green World Inc.’s CEO Raymond Lai and Quic Builds’ CEO Philip Bradley Discusses REIT Partnership on “The Street Reports Podcast”
The company holds more than a decade of greenhouse management experience and seeks to produce hemp products that are free of contamination. The company was in fact in the news earlier on in the month on January 3 after it announced that its Chief Executive Officer and President Raymond Lai and Chief Executive Officer of QUIC Brands, Philip Bradley had both been featured on The Street Reports Podcasts.
At the podcast, the two participated in a discussion with regard to Maple Leaf Green World’s REIT investment initiative in the Cayman Islands. It could well be one of the more exciting projects for the company.