Maple Leaf Green World intends to build a new facility for its Nevada operations, using the same site BioNeva Innovations used to obtain its cultivation permit.
After reviewing many existing industrial properties in the Las Vegas area over the last two months, the company was unable to find a property that satisfied its needs without major renovations. Management instead decided to build a new facility in the suburban city of Henderson, located roughly 16 km southeast of Vegas.
The decision is expected to allow the LP to quickly acquire the permit through the purchase of 100% of the shares of BioNeva, the company created to hold the permit. Maple Leaf is currently in negotiations with the owner of the vacant site used by BioNeva in its original permit application.