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it means buybuybuy lol
"2,800 stores worldwide"
Does this mean their product isn't selling well?
True Leaf Reports Second Consecutive Quarter of Record Sales
https://globenewswire.com/news-release/2018/11/29/1658816/0/en/True-Leaf-Reports-Second-Consecutive-Quarter-of-Record-Sales.html
Q2 growth increased 25 per cent year over year, contributing to the Company’s best quarter ever
November 29, 2018 07:00 ET | Source: True Leaf Medicine International Ltd.
VERNON, British Columbia, Nov. 29, 2018 (GLOBE NEWSWIRE) -- True Leaf Medicine International Ltd. (“True Leaf” or the “Company”) (CSE: MJ) (OTCQB: TRLFF) (FSE: TLA), a plant-forward wellness brand for pets and their owners, has announced its best sales quarter ever for the three-months ended September 30, 2018.
The revenues were generated from global sales of the Company’s legal hemp-based True Leaf Pet products. Sales of the products totaled $572,071 (CAD), making it the Company’s second record-setting quarter in a row.
True Leaf also announced that for the first time, it has achieved sales of more than $1,000,000 over two quarters. Revenue for the six-months ended September 30, 2018 was $1,063,405 – the Company’s highest six-month revenue to date and an increase of 42 per cent from the comparable period in the prior year, which had revenue of $747,846.
The Company’s European operations contributed $177,734 of total revenue for this six-month period, an increase of 86 per cent over $95,727 for the same period in the prior year.
Revenue growth was primarily fueled by the Company’s investment in its international sales team which has expanded the commercial reach of its True Leaf Pet division into new markets. The Company’s True Hemp™ product line is now sold in more than 2,800 stores worldwide, including Pets Supplies Plus (USA), PetSmart Canada, and Pets Corner UK.
“Our growing revenues and the continued success of the True Hemp™ product line is evidence that pet owners want access to safe, effective, and legally-compliant therapeutic cannabis products for their pets,” said Darcy Bomford, Founder and Chief Executive Officer of True Leaf. “We are committed to being the cannabis-for-pets leader in the global pet care industry – a sector expected to grow to $202.6 billion (USD) by 2025 – by continuing to enter new markets and expanding our product line.”
True Leaf pioneered hemp-based pet supplements that provide calming support, promote hip and joint health, and help immune and heart function. The Company’s True Hemp™ line of functional treats, supplement oils, and chew sticks for dogs and cats are also available online on Amazon and True Leaf websites in the United States at www.trueleafpet.com, and Canada at www.trueleafpet.ca. Pet owners in the United Kingdom, France, and Germany can shop True Leaf’s newly launched direct-to-consumer online store at www.trueleafpet.eu.
Q2 2019 Financial Highlights
For the three-month period ended September 30, 2018
True Leaf Pet sales totaled a record $572,071 (CAD) in the quarter, an increase of 25 per cent over the $458,729 recorded for the same period last year.
This is the second consecutive record sales quarter for the Company: Earlier this year, True Leaf reported its best quarter ever for the three-months ended June 30, 2018. Sales of True Leaf Pet products totaled $491,334 (CAD) in the quarter, an increase of 70 per cent over the $289,117 recorded for the same period last year.
Sylvain Toutant, a retailing expert and former Chief Executive Officer of DAVIDsTEA, was appointed to the Company’s Board of Directors.
The Company announced construction of True Leaf Campus, its cannabis cultivation and production facility in Lumby, British Columbia, remains on schedule for late Fall 2018 completion.
Pioneer cannabis-for-pets veterinarian, Dr. Katherine Kramer, joined True Leaf as Founding Chair of its Veterinary Advisory Board.
Kerry Biggs, CPA, MBA, a former lululemon executive, was appointed Chief Financial Officer of True Leaf.
Recent Developments
Highlights subsequent to Q2 2019
True Leaf announced it has expanded its global retail presence. Now in 2,800 stores worldwide, True Leaf is also reaching more customers online with the launch of direct-to-consumer stores in the United Kingdom, France, and Germany.
True Leaf Pet launched its first hemp-based product line specially formulated for cats to the European market.
For further information, please refer to the Company's Management's Discussion and Analysis for the three-month period ended September 30, 2018, published on the Company's website at ir.trueleaf.com.
About True Leaf
True Leaf is a plant-forward wellness brand for pets and their owners. Founded in 2013, True Leaf has two main operating divisions: True Leaf Medicine Inc. and True Leaf Pet Inc.
True Leaf Medicine Inc. is in the final stages of approval to become a licensed producer of federally-approved medicinal cannabis for the Canadian market. The license is subject to a Health Canada inspection to allow for the production, manufacture, and distribution of cannabis products upon the completion of the Company’s cannabis cultivation facility being built in Lumby, British Columbia. The facility is expected to be completed in late Fall 2018.
Established in 2015, True Leaf Pet Inc. is one of the first companies to market hemp-based products for pets worldwide. The Company is initially marketing a line of hemp-seed based supplements for pets. True Hemp™ chews, dental sticks, and supplement oils are sold in more than 2,800 stores across North America and Europe.
www.trueleaf.com
Media Contact:
Paul Sullivan
Director, Public Relations
Paul@trueleaf.com
O: 604-685-4742
M: 604-603-7358
Investor Contact:
Kevin Bottomley (Canada)
Director and Corporate Relations
Kevin@trueleaf.com
M: 778-389-9933
Joe Green (US)
Edison Advisors
jgreen@edisongroup.com
O: 646-653-7030
Follow True Leaf
twitter.com/trueleafpet
facebook.com/trueleafpet
instagram.com/trueleafpet
52 week low???
Haven't been watching these guys as much.
Interesting.
True Leaf Expands Global Retail Presence
https://globenewswire.com/news-release/2018/11/05/1644901/0/en/True-Leaf-Expands-Global-Retail-Presence.html
Now in 2,800 stores worldwide, True Leaf is also reaching more customers online with the launch of direct-to-consumer stores in France, Germany, and the UK
VERNON, British Columbia, Nov. 05, 2018 (GLOBE NEWSWIRE) -- True Leaf Medicine International Ltd. (“True Leaf” or the "Company") (CSE: MJ) (OTCQB: TRLFF) (FSE: TLA), a plant-forward wellness brand for pets and their owners, today announced it has surpassed 2,800 retail locations across North America and Europe and has launched e-commerce direct-to-consumer stores in three major European markets.
True Hemp™ pet products are now sold in more than 2,800 stores across North America and Europe, representing an increase of 86 per cent in the last year. True Leaf has partnered with new distributors in Norway, Holland, Belgium, Switzerland, and Greece to increase its retail presence to 800 stores across Europe, representing a 100 per cent increase in the last year.
True Leaf Pet, a division of True Leaf, pioneered hemp-seed based products for dogs. The Company’s True Hemp™ line of functional chews, supplement oils, and dental sticks is one of the first hemp-seed pet product offerings to be marketed worldwide.
Pet owners in France, Germany, and the United Kingdom can now shop for True Leaf Pet products online at www.trueleafpet.eu and have them delivered directly to their door. In France, the online store launch marks True Leaf’s entry into the large French pet market valued at 4.6 billion euros (Source: Euromonitor 2017).
“We are executing on our goal to be the global and trusted brand leader for cannabis for pets products,” said Darcy Bomford, Founder and Chief Executive Officer of True Leaf. “Pet owners worldwide are recognizing the benefits of our legal hemp-seed based products as safe and effective. Our formulas have gained worldwide popularity, and in Europe, the key therapeutic ingredient in our products is hemp which is legally compliant.”
True Leaf Pet products are also available on Amazon, and online in the United States at www.trueleafpet.com, and in Canada at www.trueleafpet.ca.
About True Leaf
True Leaf is a plant-forward wellness brand for pets and their owners. Founded in 2013, True Leaf has two main operating divisions: True Leaf Medicine Inc. and True Leaf Pet Inc.
True Leaf Medicine Inc. is in the final stages of approval to become a licensed producer of federally-approved medicinal cannabis for the Canadian market. The license is subject to a Health Canada inspection to allow for the production, manufacture, and distribution of cannabis products upon the completion of the Company’s cannabis cultivation facility being built in Lumby, British Columbia. The facility is expected to be completed in fall 2018.
Established in 2015, True Leaf Pet Inc. is one of the first companies to market hemp-based products for pets worldwide. The Company is initially marketing a line of hemp-seed based supplements for pets. True Hemp™ chews, dental sticks, and supplement oils are sold in more than 2,800 stores across North America and Europe.
www.trueleaf.com
Media Contact:
Paul Sullivan
Director, Public Relations
Paul@trueleaf.com
O: 604-685-4742
M: 604-603-7358
Investor Contact:
Kevin Bottomley (Canada)
Director and Corporate Relations
Kevin@trueleaf.com
M: 778-389-9933
Tirth Patel (US)
Edison Advisors
tpatel@edisongroup.com
O: 646-653-7035
Follow True Leaf
twitter.com/trueleafpet
facebook.com/trueleafpet
instagram.com/trueleafpet
Pet CBDs 66B marketplace - article enc
https://www.thecannabispet.com/cbd-pet-product-industry/
could be TLRY #2 for pets
pet market is Multi BILLION market
Fall 2018 is right around the corner. Load up for max returns!!
Just bought some shares. Looks like great potential here. We are at the ground floor. Soon this board will come alive. $$$$
True Leaf Completes Purchase of 40-Acre Site for Cannabis Production
SOURCE: https://www.dailymarijuanaobserver.com/single-post/2018/01/30/True-Leaf-Completes-Purchase-of-40-Acre-Site-for-Cannabis-Production
VERNON, British Columbia, Jan. 30, 2018 (GLOBE NEWSWIRE) -- True Leaf Medicine International Ltd. (“True Leaf”) (CSE:MJ) (FSE:TLA) (OTC:TRLFF), a quality of life cannabis company for people and their pets, has completed the purchase of 40 acres of land that encompass the site of its facility in Lumby, British Columbia, Canada, through its wholly owned subsidiary True Leaf Medicine Inc.
The purchase was finalized on January 19, 2018 at a total cost of $3.3 million (CAD).
True Leaf, as previously announced, closed a $10 million Regulation A+ offering, and a concurrent $4 million non-brokered private placement financing with Canadian investors only. True Leaf is the first Canadian-listed company to conduct a successful Regulation A+ offering.
The company used a portion of the proceeds from the offerings to complete the purchase of the Lumby site. Additional offering proceeds will be used to build and staff phase one of the True Leaf facility, as well as provide working capital for the True Leaf Pet business.
True Leaf’s application to produce and distribute cannabis under Health Canada’s Access to Cannabis for Medical Purposes Regulations (ACMPR) has completed the security clearance stage, and the company has permission to build its production facility. At this time, True Leaf does not have a license to produce cannabis.
True Leaf expects the phase one construction of a 16,000 square foot hydroponic grow building and a 9,000 square foot building housing offices, an extraction facility, and laboratory and packaging areas, to be completed by the end of summer 2018 with a first crop produced in the fall of 2018. True Leaf’s first crop will be required to pass a Health Canada inspection in order for True Leaf to be granted a license to grow medicinal cannabis.
Commenting on this latest milestone, True Leaf Founder and Chief Executive Officer, Darcy Bomford, said, “The company is pleased with the completion of our offerings and the purchase of the land and we can move forward in our pursuit of growing what we hope will be the best quality medicinal cannabis in the world.”
True Leaf plans to become one of the main employers in Lumby, a logging community of 1,700 in the northeast corner of the Okanagan Valley in southern British Columbia.
About True Leaf
Founded in 2013, True Leaf has two main operating divisions: True Leaf Medicine Inc. and True Leaf Pet Inc. The Company’s goal is to provide federally-approved cannabis products that will be sold across Canada and the United States. True Leaf Medicine Inc. was launched in July 2013 to become a licensed producer of medicinal cannabis for the Canadian market. True Leaf Medicine Inc. has been granted approval by Health Canada to build its grow facility and will be subject to a Health Canada security inspection upon completion to allow for the cultivation, manufacture, and distribution of cannabis products. Currently, True Leaf does not have a license to produce cannabis.
Established in 2015, True Leaf Pet Inc. markets hemp-based products for the pet industry. The Company launched the True Hemp™ pet supplement line in Canada, the United States, and Europe, becoming one of the first hemp-based pet product lines to be marketed worldwide. True Hemp™ North American products are free of CBD and THC.
Risks of Investment in True Leaf
An investment in True Leaf has a high degree of risk including the lack of a listed market for its securities in the United States as well as other risks common to Regulation A+ investments such as a small equity market capitalization and public float, which may impair the liquidity of this investment. Moreover Canadian investors are unable to sell securities placed in the concurrent offering. The Company can make no assurances about the success of its products, or its licensing or marketing efforts; consequently investors in True Leaf may lose some or all of their investments. True Leaf does not have a license to produce cannabis. Cannabis, marijuana, and any products containing THC and CBD are illegal in the United States of America, notwithstanding laws of several states to the contrary. Further, transportation of such products across state lines or across national boundaries remains a Federal Offense in the United States of America, as well as the use of any federally chartered financial institution for transmittal or deposit of funds related to the sale of such products. Accordingly, there can be no assurance that True Leaf will receive a license to produce cannabis from Health Canada, and even if it were to receive such a license, there can be no assurance that it can import its products into the United States for market or sale, or to repatriate the proceeds of such sales for the benefit of investors in this offering.
SEC Legends
An offering statement regarding this offering has been filed with the SEC. The SEC has qualified that offering statement, which only means that we may make sales of the securities described by the offering statement. It does not mean that the SEC has approved, passed upon the merits, or passed upon the accuracy or completeness of the information in the offering statement. You may obtain a copy of the offering circular that is part of that offering statement from: HERE
Forward-Looking Statements
This news release contains forward-looking statements; and management may make additional forward-looking statements in response to your questions. Such written and oral disclosures are made pursuant to the Safe Harbor provision of the Private Securities Litigation Reform Act of 1995. Although we believe our expectations expressed in such forward-looking statements are reasonable, we cannot assure you that they will be realized. Investors are cautioned that such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the anticipated results, and therefore we refer you to a more detailed discussion of the risks and uncertainties in the Company’s filings with the Securities and Exchange Commission when available. The forward-looking statements contained in this news release are made only as of today; and True Leaf Medicine International Ltd. is under no obligation to revise or update these forward-looking statements.
Agree. This stock has the best yet to come.
License, and we´ll be flying.......
Nw12
Completely agree $TRLFF
Wow that’s incredible, can’t wait for that volume to reach here $TRLFF
This will change here very soon! In germany we recently have had some 200.000-300.000 € days. T
Today we are at 1.08€ which is $1.29!
Company worth 300mil. Completely undervalued and not targeted by investors and traders. This will change soon. License for the production of medical marijuana and revenues from the cannabis pet business make this to a no nobrainer!!!! Take a Tim to have a look!
Gdlk
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Chairman - Former Premier of BC and Mayor of Vancouver. Chair of UBC's Regional Sustainability Council. Appointed by Prime Minister to National Round Table on the Environment and Economy. Federally appointed BC Treaty Commissioner. Chaired Prime Ministers Advisory Committee for Cities and Communities. Order of Canada Recipient
Chief Executive Officer, Director - Three decades of executive management experience and a 30-year history of manufacturing pet products in three federally inspected plants throughout the USA and Canada. Highly adept at building brands through corporate vision, strategy and the successful development of relationships with team members and strategic partners.
Corporate Communications, Director - Spent the last 10 years working on corporate communications with two publicly traded companies: Zimtu Capital Corp. and Commerce Resources Corp. Involved with successful capital raises totaling over 70 million dollars. Strong working relationships with contacts in Canada, the USA, Europe and Asia.
Director, B.Sc. ND - A Naturopathic Doctor practicing in Vernon B.C., he is a graduate of UVic and the Canadian College of Naturopathic Medicine. He is an adjunct faculty at UBC Okanagan, the University of Bridgeport, the Boucher Institute of Naturopathic Medicine and the Canadian College of Naturopathic Medicine. He is regularly invited to lecture at colleges and medical conferences worldwide.
Chief Financial Officer, CPA - Former senior audit partner with Ernst and Young. 35 years of experience providing audit, accounting, taxation and general business advice to a wide range of clients. Significant experience auditing public companies and assisting with their initial public financing.
Controller - Swiss-born with 35 years finance, accounting and management experience in wholesale, retail, manufacturing, and health science industries in both private and public companies. Ruth has a natural talent for networking and a strong ability to establish and build long-term relationships.
Quality Control Analyst - With 10+ years of experience in the pet food industry and a Masters in sniffology, Molly ensures top-notch quality throughout product lines by implementing extensive tests to meet or exceed requirements in product density, smell, and overall flavor. Molly is a crucial member of our team and also increases workplace morale through physical contact.
Data Security & Palatability Expert - A Seppala Siberian Sleddog with 7+ months experience as a pet food connoisseur, Griffin plays a role in identifying the balance between healthy and tasty. Specializing in fruits and vegetables, he ensures we meet the palatability needs of dogs everywhere. His skills in office data protection are also an asset, assisting in the shred and destruction of confidential and private office documents without the ridiculous operating costs of electronic shredders.
Launched in July 2013 to become a licensed producer of medicinal cannabis. It has received approval to build its facilities from the Government of Canada. The company’s goal is to provide federally-approved, safe and effective cannabis products that will be sold across Canada.
Established in 2015 to pioneer and market hemp-focused products for the pet industry. The company launched the True Hemp™ product line in Canada, the USA and Europe; becoming the first hemp-based pet product line to be marketed worldwide.
The opportunity to invest in an early-stage company with an impactful idea is now available to everyday investors through a little-known rule called Regulation A+. Under the JOBS Act of 2012, companies seeking funding no longer have to restrict solicitation of investments to accredited investors. This means that anyone can invest in early-stage companies they believe in and have the chance to watch their investment grow with the company.
True Leaf represents an opportunity to invest in the only cannabis product company that is both generating revenues and federally legal in both US and Canada.
But this is only the beginning. Although hemp has been around for centuries, it is only now being recognized for its potential. As attitudes and laws continue to change and the promise of cannabis emerges, the ability to look deeper into this natural remedy and create products that change the lives of people and pets for the better has become a true possibility. True Leaf is happy to lead this exploration. Just like the new securities laws have paved the way for companies to raise capital from the crowd, True Leaf is helping pave the way for people and pets to lead happier, healthier lives.
By leveraging some of hemp’s beneficial properties, True Leaf has developed innovative, safe, and effective pet products that are helping furry companions turn over a new leaf.
Investing in our current offering comes with bonuses – starting right at the $350 level.
See below for all the perks that come with your investment.
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