Forest Eco was established in 2004 with its headquarters in Zhong Guan Cun Innovation Hub in the
Forest ECO is the first to put forward the basic concept of plant therapy towards health promotion and actively researches and develops high-grade, medicinal, essential oil products. Additionally, Forest Eco promotes national forest rehabilitation and forest health which has gained strong support with the Chinese government and the State Forestry and Grassland administration. Forest Eco actively promotes and organizes the development of national forest health by conducting technical seminars and training courses to thousands of individuals. Year to date, Forest Eco has a revenue stream of USD
Forest health is a systemic project connecting people and nature to improve the body’s self-healing ability. Forest Eco is comprised of a strong technical team and industry partners that has contributed to the completion of dozens of special projects. Using modern quantum medicine theory and traditional Chinese medicine technology, Forest ECO has developed a series of products and instruments suitable for health promotion and chronic disease rehabilitation. Forest Eco utilizes its land holdings and the vast natural plant resources found exclusively in China’s climate zone to develop a specialized product line of essential oils.
“We are thrilled to form a new company with Forest Eco and begin distributing wellness products in the Chinese market,” said
This JV introduces the first step in establishing a hemp cultivation and production foundation in
For further information on Forest Eco (In Chinese), please visit https://www.chinaforesthealing.com.cn/
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Maple Leaf is a public Canadian company that is focused on the hemp industry in
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This news release may include forward-looking statements including opinions, assumptions, estimates, the Company's assessment of future plans and operations, and, more particularly, statements concerning: the Proposed Transaction and the timing thereof; When used in this document, the words "will," "anticipate," "believe," "estimate," "expect," "intent," "may," "project," "should," and similar expressions are intended to be among the statements that identify forward-looking statements. The forward-looking statements are founded on the basis of expectations and assumptions made by the Company that include, but are not limited to, the timely receipt of all required regulatory and third-party approvals, including approvals from the CSE and from the shareholders of Maple Leaf. Forward-looking statements are subject to a wide range of risks and uncertainties, and although the Company believes that the expectations represented by such forward-looking statements are reasonable, there can be no assurance that such expectations will be realized. Any number of important factors could cause actual results to differ materially from those in the forward-looking statements including, but not limited to: regulatory and third party approvals, including approvals from the CSE and from the shareholders of Maple Leaf, not being obtained in the manner or timing anticipated; the ability to implement corporate strategies; the state of domestic capital markets; the ability to obtain financing; changes in general market conditions; industry conditions and events; and other factors more fully described from time to time in the reports and filings made by the Company with securities regulatory authorities. Please refer to the Company's annual information form ("AIF") for the year ended
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