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Agreed, IRON CROSS Found this on an add also…$$$$ NLVVF
New Leaf Ventures (P (NLVVF)
0.594597 ? 0.034597 (6.18%)
Volume: 530,172 @02/19/21 3:57:22 PM EST
Bid Ask Day's Range
0.58 0.6 0.5623 - 0.66
NLVVF Detailed Quote
we like gems $NLVVF
NLVVF came to me via an ad today... I like the company a lot. Will be getting in a position today or tomorrow, latest. Undiscovered Gem. Future Diamond $$$
Source: New Leaf Ventures Inc.
December 22, 2020 09:00 ET
New Leaf Ventures Announces Letter Agreement with Zen Asset Management LLC and Artizen Asset Management LLC
VANCOUVER, British Columbia, Dec. 22, 2020 (GLOBE NEWSWIRE) -- New Leaf Ventures Inc. (CSE: NLV) (“New Leaf,” “NLV” or the “Company”) is pleased to announce that it has entered into a letter agreement (the “Letter Agreement”) with Zen Asset Management LLC (“ZAM”) and its parent company, Artizen Asset Management LLC (“Artizen”). The Letter Agreement outlines the general terms and conditions pursuant to which New Leaf and ZAM would potentially undertake a business combination (the “Proposed Transaction”). The Proposed Transaction is subject to a number of conditions, including due diligence and the negotiation of a definitive agreement.
ZAM is a diversified asset management company that was founded to acquire, develop, and support companies and technologies in the emerging cannabis industry. ZAM primarily does so in Washington state, where it generates revenue by providing leasing, licensing, management, staffing, and supplies to cannabis production facilities. ZAM’s existing clients operate four licensed cannabis cultivation facilities and one processing facility in Washington, with about 180,000 square feet of canopy, of which about 70,000 square feet is used to produce about 8,000,000 grams of biomass annually. Most of the biomass produced by those facilities has been sold historically under the Artizen™ brand, including the all-time top selling product in flower in Washington state, and five of the all-time top ten. For more information, visit: www.artizencannabis.com.
“The Proposed Transaction provides the prototypical example of our plan to build a portfolio of investment-grade opportunities in the cannabis sector,” said Michael Stier, the Company’s CEO. “We’re particularly excited by the prospect of onboarding ZAM into our pre-existing footprint in Washington state. ZAM’s clients have successfully marketed Artizen™ branded products that have commanded a strong following in that market. We believe that those results are scalable with the right investment and support, both of which we look forward to providing as we execute on our previously-announced plans to build compelling shareholder value in the emerging cannabis industry.”
Terms of the Proposed Transaction
The Proposed Transaction is expected to proceed by way of a business combination agreement (the “Acquisition”) pursuant to which the Company will acquire 100% of the voting control of ZAM in exchange for the following consideration: (a) the transfer of all of the issued and outstanding securities of New Leaf USA Inc. (“New Leaf USA”) and its subsidiaries, directly or indirectly, to ZAM and (b) the Company altering its authorized capital structure to redesignate its outstanding common shares as subordinate voting shares (the “NLV Subordinate Voting Shares”) and creating a new class of special voting shares (the “NLV Special Voting Shares”), pursuant to which the Company shall then issue such NLV Special Voting Shares to Artizen.
Upon closing of the Acquisition, the NLV Special Voting Shares will provide Artizen with 40% of the voting rights in the Company. The features of the NLV Special Voting Shares shall include that, upon satisfaction of certain financial milestones related to the business of ZAM – the chief milestone being that the ZAM business unit must generate, within the 12-month period following the closing of the Acquisition exceeding US$16 mm, with neutral or better EBITDA – the voting power of the NLV Special Voting Shares will increase to carry up to 80% of the total voting rights of NLV on a fully diluted basis.
Upon completion of the Acquisition, Artizen shall be entitled to appoint one board member to the board of directors of NLV and to appoint the CEO of the Company. Mr. Mike Stier will become President of the Company. In connection with the Proposed Transaction, the Company will also amend its articles such that certain fundamental transactions and significant corporate actions shall require class-based shareholder approval. The Company will disclose further transaction terms once a definitive agreement has been entered into. The final Proposed Transaction structuring remains subject to tax and securities law considerations. Completion of the Proposed Transaction remains subject to a number of conditions, including approval of the shareholders of NLV and the Canadian Securities Exchange.
About New Leaf Ventures Inc. (CSE: NLV)
New Leaf Ventures Inc.’s flagship enterprise is New Leaf USA and its subsidiaries, which provide licenses, consulting services, real property, intellectual property and equipment for lease and ancillary services to a Washington-based Tier 3 Producer/Processor focused on cultivating, growing, processing, packaging, and distributing cannabis and cannabis related products.
For further information, please contact:
New Leaf Ventures Inc.
Invictus Investor Relations
Tel: +1 (604) 330-9220
Email: investors@newleafventuresinc.com
Forward Looking Statement
This news release contains statements and information that, to the extent that they are not historical fact, may constitute “forward-looking information” within the meaning of applicable securities legislation. Forward-looking information may include financial and other projections, as well as statements regarding future plans, objectives or economic performance, or the assumption underlying any of the foregoing. In some cases, forward-looking statements can be identified by terms such as “may”, “would”, “could”, “will”, “likely”, “except”, “anticipate”, “believe”, “intend”, “plan”, “forecast”, “project”, “estimate”, “outlook”, or the negative thereof or other similar expressions concerning matters that are not historical facts. Examples of such statements include, but are not limited to, the terms and conditions of the Proposed Transaction; statements with respect to the objectives and business plans of the Company; increase in operational capacity; ability to retain its key personnel; the Company’s business and operations after the Proposed Transaction; the competitive conditions of the industries in which the Company operates; and laws and any amendments thereto applicable to the Company.
Forward-looking information is based on the assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. The material factors and assumptions used to develop the forward-looking information contained in this news release include, but are not limited to, general business, economic, competitive, political and social uncertainties; the delay or failure to receive board, shareholder or regulatory approvals; key personnel and qualified employees continuing their involvement with the Company; and the Company’s ability to secure financing on reasonable terms.
Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information, including, without limitation, risks relating to the future business plans of the Company; risks relating to Proposed Transaction not closing or obtaining necessary approval; risks that the Company will not be able to retain its key personnel; risks that the Company will not be able to secure financing on reasonable terms or at all, as well as all of the other risks as described in the Company’s management discussion and analysis for year ended December 31, 2019 under the heading “Risks and Uncertainties”. Accordingly, readers should not place undue reliance on any such forward-looking information. Further, any forward-looking information speaks only as of the date on which such statement is made. New factors emerge from time to time, and it is not possible for the Company’s management to predict all of such factors and to assess in advance the impact of each such factor on the Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking information. The Company does not undertake any obligation to update any forward-looking information to reflect information or events after the date on which it is made or to reflect the occurrence of unanticipated events, except as required by law, including securities laws.
The CSE does not accept responsibility for the adequacy or accuracy of this release.
https://www.globenewswire.com/news-release/2020/12/22/2149460/0/en/New-Leaf-Ventures-Announces-Letter-Agreement-with-Zen-Asset-Management-LLC-and-Artizen-Asset-Management-LLC.html?print=1
New Leaf Ventures (P (NLVVF)
0.2069 ? 0.0119 (6.10%)
Volume: 42,039 @12/07/20 11:49:35 AM EST
Bid Ask Day's Range
0.2 0.2138 0.1914 - 0.2138
NLVVF Detailed Quote
New Leaf Ventures (P (NLVVF)
0.1938 ? -0.0005 (-0.26%)
Volume: 31,860 @11/24/20 3:38:09 PM EST
Bid Ask Day's Range
0.1822 0.21 0.1811 - 0.23516
NLVVF Detailed Quote
New Leaf Ventures (P (NLVVF)
0.25 ? -0.02 (-7.41%)
Volume: 26,782 @10/23/20 3:34:01 PM EDT
Bid Ask Day's Range
0.2374 0.2583 0.2375 - 0.28
NLVVF Detailed Quote
Got hype / fluff piece in my email today on this stock. Any financials or business plan?
However, when the Great Depression hit, everything changed. The attitude of the country had reversed and most favored appealing prohibition—citing that legalizing alcohol would provide much needed tax revenue and jobs. It’s estimated that during prohibition, the federal government lost out on $11 billion in alcohol related taxes.
Factor in our depressed economy and the criminalization of marijuana use at federal level, and there is an eerily similar connection. Nearly 100 years after prohibition ended, we’re seeing history repeat itself with the economy needing a savior.
The sooner national legalization of marijuana occurs, the better. In fact, national legalization could result in $128.8 BILLION in tax revenue and produce an estimated 1.6 million new jobs[xxix]. Once national legalization is passed, marijuana sales will soar the way liquor sales shot sky high when prohibition was repealed.
In fact, we’ve already seen the scenario play out with Canada’s legalization. In just 7 short months, Canada’s cannabis sales soared 59.5% toppling $492 million total[xxx]. And nearly 6 months after legalization, Canada lined its pockets with C$186 million in tax revenues from cannabis sales[xxxi].
This year, they’re on track to hit $1.9 billion—that’s $4.97 million in sales per day[xxxii]
Whether or not it’s officially ruled ‘legal’ or is decriminalized, cannabis is already mainstream throughout the country… it’s here to stay regardless. In fact, by 2025, an estimated 46.57 million people will be consuming 34.39 million pounds of cannabis annually[xxxiii].
It’s why I’m urging investors to ride the wave of new and upcoming legalizations by investing in companies like New Leaf Ventures (NLVVF)… a company that’s proven they have the structural integrity and scalability in place to meet the growing demand once national legalization occurs.
New Leaf Ventures (NLVVF) has the deep understanding of the cannabis market to lead the pack in establishing control of the national and global markets once legalization advances. It has demonstrated the patience and knowhow to implement its U.S. market growth strategy and expand its e-commerce and distributor operations in a careful and efficient manner.
It’s why investors need to do their homework on the “tortoise of cannabis” now.
History Could Soon Repeat Itself for the First Time in Nearly 100 Years
Thanks to COVID-19, America’s mental, emotional, and economic health has plummeted. Prior to the pandemic, the federal deficit sat at $1.1 trillion. However, after the coronavirus stimulus and aid, the deficit has been raised to an astounding $3.7 trillion[xxvi]. That puts this year’s federal budget shortfall equal to the sum of all federal budget shortfalls and surpluses from 1901 through 2003[xxvii].
Simply put, this country has a long climb ahead out of an economic quagmire at federal, state, and local levels. Governments everywhere will be seeking new sources of revenue.
With Washington collecting $390 million with their 37% excise tax, and states like California and Colorado pocketing $390 million and $251 million respectively in excise taxes in 2019[xxviii], more states are now salivating at the potential of scoring excise revenues too.
Since state legalization, states like Washington, Colorado, and California have been challenging the federal government to rule that marijuana use is not a criminal offense.
Their actions mirror the days of alcohol prohibition when there were criminal penalties for satisfying the population’s unquenchable thirst for booze. When alcohol prohibition was passed during the “Roaring 20s” the economy was flourishing and prosperous.
New Leaf (NLVVF) reports rapid progress in developing a brand new drinkable.
New Leaf’s (NLVVF) vision is that cannabis users can enjoy these low-dose drinkables in a social setting to take the edge off in a controlled way—just like having a beer or two after work (without the alcohol).
Drinkables is a huge market for New Leaf (NLVVF) to tap into with its revolutionary, new low-dose infused beverage.
In 2019 alone, high-dose drinkables generated $200 million in sales worldwide. And since they are consumed mostly by millennials[xxiii]—the largest group of recreational cannabis users—it’s anticipated their popularity will continue to explode.
In fact, by 2025 analysts estimate drinkable sales will hit an astounding $2.8 billion[xxiv].
However, national legalization will be the game-changer. When it happens, low-dose drinkables will be available in bars everywhere. While many people think we’re still a few years away from passing that legislation, one recent event is proof the potential exists to see country-wide legalization sooner than you think. In fact,[xxv] it could even happen this year.
Today, legal recreational cannabis is available in 11 states and the District of Columbia.
Moreover, you’d think legal weed would be a “liberal” issue, but many notable conservatives believe policing marijanan smokers is a waste of law enforcement assets.
William F. Buckley put it this way. “The amount of money and of legal energy being given to prosecute hundreds of thousands of Americans who are caught with a few ounces of marijuana in their jeans simply makes no sense – the kindest way to put it. A sterner way to put it is that it is an outrage, an imposition on basic civil liberties and on the reasonable expenditure of social energy.”
And, Richard Nixon said, “Federal and state laws (should) be changed to no longer make it a crime to possess marijuana for private use.”
And, of course, Bob Dylan wrote, “the times they are a changin’”
And, no mainstream legal cannabis company may be more aware of that that New Leaf Ventures (NLVVF).
Remember, New Leaf (NLVVF) was first to market with a legal cannabis product after Washington went legal.
New Leaf (NLVVF) is a trendsetter.And now, in 2020, it has recognized a new emerging trend in legal cannabis.
It’s a trend that has as many as 13 zeros attached to it… BILLIONS!
This new trend based on a better way to provide users with a socially enjoyable cannabis – infused beverages that mimics the relaxation effects of alcohol but are based on cannabis instead..
It’s no secret that alcohol is hard on your stomach, liver, and kidneys—and can cause alcohol poisoning or death if you consume too much. Many cannabis users stick to smoking or vaping strictly for these reasons. Millennials, who make up the largest group of all recreational cannabis users[xviii]— prefer cannabis to booze[xix]. And according to a survey from the Monitoring the Future Study, millennials drink far less alcohol than generations.
But, according to Britta Starke, an addictions therapist and the program director of the Alcohol and Substance Abuse Center at the University of North Carolina, Millennials are well known for ingesting other substances.
“It still seems like this is a generation of self-medicating, but they’re using things differently,” says Starke, and the normalization and ever more common legalization of cannabis have a big part in that.
Moreover, a recent study, from 2017, suggests that legal cannabis has a dramatic effect on alcohol sales.[xx]
It found that in counties with legalized medicinal cannabis, alcohol sales dropped more than 12 percent when compared with similar counties without weed.
The study also found that recreational legalization has the potential to bolster that effect by making cannabis products even more broadly accessible.
And while legal marijuana are piecemeal in the U.S., Pew Research Center polling found that more than two thirds of Americans favor legalized recreational pot.[xxi]
Just as importantly, Pew found that the share of U.S. adults who oppose legalization has fallen from 52% in 2010 to 32% today. Pew’s polling took place about a year ago in September 2019.[xxii]
Pioneering the Future of Cannabis…Yet Again
Once the expansion is complete, New Leaf (NLVVF) isn’t one to sit on its laurels and reap the rewards of more than a decade of hard work. The company has strategized yet another way to reach the masses with the next evolution in cannabis: low-dose drinkables.
Until now, drinkables on the cannabis market were focused on providing the biggest bang of THC for the buck. You could say these highly concentrated THC or CBD drinks are the “Everclear” of cannabis-infused beverages. Their only purpose was to get users really high…as fast as possible.
The problem with these drinks is three-fold:
1) Due to subpar extraction and infusion methods, the majority of them tasted terrible[xvii].
2) Washington’s cannabis users are rather sophisticated…so they aren’t typically looking to get out-of-their-minds blitzed, and…
3) Most of these drinkables either contained alcohol or came in “beer” form.
Cutting Costs by 40%
Developing the 13,000 sq. ft. workspace also gives New Leaf (NLVVF) the ability to integrate state-of-the-art technology to reduce drying time and increase product shelf life. This capacity will further advance the company’s production and high-volume packaging operations allowing it to grow its Dama brand from 70 to 200 distributors across Washington.
While its expansion is anticipated to be complete by the end of 2020, there’s one additional action that will tremendously impact profits…
New Leaf (NLVVF), through its consulting services, is migrating from on-premise farming to larger, off-site dedicated farming supply partners. By refocusing its efforts to processing, extraction, packaging and distribution—opposed to large-scale cannabis farming— New Leaf (NLVVF) will be able cut the cost of goods by an astounding 40%.
Additionally, New Leaf (NLVVF) plans to expand its hemp operations in a 5,000 square foot facility across the street from their main building.
The company also developed an ecommerce platform to sell hemp, CBD oils, liquid gel capsules, and topical creams across the open market. This provides yet another revenue stream and a way to reach more cannabis consumers through an assortment of new products.
This expansion includes constructing a large-scale cannabis commercial kitchen that will allow New Leaf (NLVVF) to generate $15 million in revenue over the next three years[xvi] solely from the new vapor cartridges, edibles, and concentrates sold via the license holder. This development will let New Leaf (NLVVF) scale production to meet the demand of existing retail partnerships while creating new retail store connections.
During this expansion, New Leaf (NLVVF) will also create a hydrocarbon extraction lab. This extraction technique is favored among affluent cannabis users as it extracts the cannabinoids, while maintaining the integrity (flavor and smell) of the strain.
New Leaf (NLVVF) will be one of the few producer/processors in Washington that are able to utilize this superior extraction method on tens of thousands of pounds of cannabis, giving them yet another leg up on their competition.
A Mount Everest-Sized Pile of Cannabis and a Well-Formulated Plan to Hit $30 Million in Revenue in Just 3 Years…
When New Leaf Ventures (NLVVF) acquired its 30,000 ft2 facility, it was smart. It had seen disaster strike companies such as Tilray, which imploded due to expanding too rapidly—without the sales revenue to support it.
New Leaf (NLVVF) knew eventually it would use all of that space, but was careful not to grow too big too quickly. So it bided its time, carefully raising capital from its initial IPO. And now, New Leaf (NLVVF) is ready to expand the smart way by conservatively allocating its IPO capital towards the next phase of its expansion.
This expansion plan will position New Leaf Venture (NLVVF) to reap the rewards of the $2.1 billion Washington cannabis market by employing a conservative, scalable plan… ultimately staking its claim on $46.5 billion national pot profit pie.
Again, this expansion isn’t the blind, ego-fueled “I want to have the biggest, gold-lined facility in the country” that perpetuated the downfall of some of the “big 5” cannabis companies.
Rather it’s a resourceful, meticulous operation expansion to fully utilize the unused 13,000 square feet of space in their current facility, which was part of their “tortoise and the hare” business strategy for long-term growth.
Not only did it forge a new path with advertising, but Dama was the concentrate brand in Washington, proving New Leaf’s (NLVVF) staying power in an industry where so many cannabis companies crash and burn due to lack of planning and overspending. New Leaf (NLVVF) has been a true visionary of marketing and driving the recreational legalization movement and more than ten years since legalization, it continues to be an industry pioneer today.
New Leaf (NLVVF) had the foresight to understand that cultivation and cannabis sales are king… which is why 80% of its current sales are dedicated to dried flower and hemp. The company also had a solid grasp that it needed to keep pushing new concepts to propel the longevity and growth of its established brand.
Back in 1992, Starbucks knew it was on the cusp of monumental growth when it launched its IPO [xv] at $17 per share and watched the price double within 11 short months. Investors who put $10,000 on the Starbucks’ IPO, you’d be sitting on roughly $2,778,5502 today.
While the investors who bought New Leaf (NLVVF) during their IPO earlier this year have already seen the share price nearly double in just three short months—they have the potential to watch New Leaf Venture (NLVVF) skyrocket as it makes its way to its goal of $30 million in revenue.
While developing these product lines, New Leaf Ventures (NLVVF) subsequently created one of the oldest, most-respected brands in Washington State: Dama brand.
Just like Starbucks was a branding pioneer, Dama has been a brand trendsetter, too. It was the first brand in Washington to openly advertise recreational marijuana in a dramatically public way.
Back in 2014, New Leaf’s (NLVVF) Dama made headlines when it was the very first cannabis brand to put up a billboard advertising in Seattle. It was also the first marijuana brand to fly a banner over CenturyLink field at the opening of the Seattle Seahawk football season.
Plain and simple, New Leaf (NLVVF) is the industry innovator of cannabis branding.
This “Tortoise of Weed” Could Soon Be a Household Name in the U.S.
While researching New Leaf’s (NLVVF) slow and steady advancement, I kept drawing parallels to another company that leisurely made the journey from a relatively unknown brand to a household name: Starbucks.
To many people, Starbucks is known for being the world’s largest coffeehouse chain. But most investors might be surprised to learn that Starbucks started out selling beans, not lattes. And they did it in the midst of a coffee market slump thanks to the carbonated beverage boom.
But the vision of one of their members lead them to become coffeehouse pioneers in the U.S.—opening the very first in Seattle, Washington. It’s grown from 154 stores at its IPO[xiii] to more than 30,000 globally–catering to 100 million customers[xiv].
New Leaf (NLVVF) has taken the same innovative route as Starbucks with its growth strategy. The company started brands selling dried flowers and then gradually expanded to edibles, CBD, concentrates, and hemp as well—keeping up with the cannabis market’s.
projected that Washington cannabis sales alone will hit a jaw-dropping $2.1 billion this year[x]. With a compound annual growth of 23%[xi], this charter state’s potential remains untapped. Its well-regulated structure for cultivation, processing, and retail offers established cannabis companies like New Leaf (NLVVF) the perfect launching pad to transition to the national spotlight once national legalization occurs.
But domination of the Washington cannabis market is just the first step of the plan for New Leaf Ventures (NLVVF) – this “Tortoise of Weed.”
With the national cannabis market projected to reach $46.5 BILLION by 2025[xii], New Leaf (NLVVF) has its sights set on successfully achieving national and international expansion and grabbing their share of the profits.
A $46 Billion Market Is Up for Grabs
With technology such as EnWave, New Leaf Ventures’ (NLVVF) steady growth and expansion quickly elevates it to the top of my must-own pot stock list. With a fully compliant, state-of-the art 30,000 ft2 facility, New Leaf (NLVVF) is an established Tier 3 producer and processor.
Tier 3 is how Washington State classifies its largest legal cannabis companies.
As a seasoned producer and processor, New Leaf (NLVVF) earned its lofty status because of its multi-faceted strategy that focuses on cultivation, processing, packaging and distribution of cannabis and cannabis retail products.
This allows the company to capitalize across each market segment.
Moreover, in such a highly regulated industry, New Leaf’s (NLVVF) Tier 3 rating is not only testimony to its thorough understanding of the cannabis market, but to its key relationships with the LCB, Department of Agriculture, Department of Health, and Cannabis Alliance.
New Leaf (NLVVF) has also formed calculated partnerships by facilitating recreational supply agreements with local farmers and product supply arrangements with unique premium CBD producers. These alliances give them a nearly unlimited potential for growth as the industry evolves—while other processors may be capped by short supply.
The company’s 30,000 square foot production facility—combined with its supply relationships—currently provides New Leaf (NLVVF)’s contracted License Holders with the capability of producing and processing 22,250 pounds of cannabis per year. In fact, New Leaf (NLVVF) ranks in the top 3%[v] of all cannabis producers in Washington State.
While that is impressive, New Leaf (NLVVF)’s license holder could see its production increase a whopping 362% after one operational change planned for later this year. This addition will give the company the capability to produce 104,000 pounds of cannabis. That equates to nearly 10% of Washington’s total cannabis production last year[vi].
With premium-grade cannabis priced around $1,600 per pound wholesale in Washington[vii], once New Leaf makes this production change, it could be sitting on a mile-high pile of premium pot[viii]
It’s easy to see that the forecasted 367% increase is one of the main reasons New Leaf Ventures (NLVVF) reports the potential to hit $30 million in revenue over the next three years. It’s also the biggest reason that New Leaf (NLVVF) could soar from a virtually unknown pot stock to the hottest ticket in town.
This Careful Pot Stock Turn into Such a Moonshot… Even A Nun Would Buy It
In a sea of unscrupulous cannabis companies, the “tortoise of cannabis” has separated itself from the speedy pack of hares, building a name for itself and thriving since the beginning of legalization in Washington State.
New Leaf Ventures (NLVVF) recently inked a deal with New Leaf USA, which has successfully withstood over 10 years in one of the oldest legal marijuana markets. So, what’s the key to New Leaf’s (NLVVF) success and longevity?
After watching so many newbie cannabis companies crash and burn while facing the everchanging regulations during early legalization efforts nearly a decade ago, New Leaf (NLVVF) quickly realized it must invest wisely, be nimble, and not spend its capital in one concentrated area of the cannabis market.
As such, New Leaf (NLVVF) has painstakingly systemized its processes and capital management plans to endure and thrive in the ever-changing cannabis landscape. This fiscally responsible, methodical, mature company is a rarity among the reckless spending and huge operating losses causing so much volatility with pot stocks nowadays.
Judging by its business plan, it’s easy to see that New Leaf (NLVVF) has dedicated its mission to NOT be like the “Big 5.”
New Leaf (NLVVF) is honest and transparent, which is unlike the “popular” pot stocks that spent every dime from investors on unscrupulous business dealings…
After all, while all bubbles burst, the legal cannabis debacle is one of the worst I can remember.
And, yet, there’s no denying that until the end of Q1 2019, pot stocks were the sweethearts of the stock market rodeo.
Companies like Tilray, Chronos, and Aphria were riding high… delivering triple-digit and even quadruple-digit gains, completely immersed in dreams of cannabis market domination.
With an influx of investor capital, these flashy pot stocks became their own worst enemy with speculative acquisitions, rapid facility expansions, legal problems from early transactions, investing in too many companies with underperforming assets—all in their quest to become the biggest and best during the green rush.
The “Big 5” cannabis stocks suffered massive valuation declines as they wrote checks their revenues couldn’t cover. Their overconfidence and breakneck pace were their own undoing.
The result? As suddenly as it inflated, the bubble exploded. Investors of all sizes took ugly haircuts as cannabis stocks declined as much as 90%.
Since then, it’s no surprise that investors have become gun shy with pot stocks.
In other words, it’s primary mission is being the vital middleman in the retail supply chain… like the company that takes raw corn and turns it into breakfast cereal.
And, Washington State records show New Leaf (NLVVF) in the legal cannabis industry’s sweet spot.
The revenue records indicate New LEAF (NLVVF) is a steady, well-run company.
It’s why I am convinced New Leaf Ventures (NLVVF) has carved out an important place in the legal marijuana industry’s sturdy new foundation.
Because of that, even bruised and battered legal cannabis investors – who still rightly sense the legal marijuana industry’s vast potential – should closely examine New Leaf Ventures (NLVVF).
What you’ll find is a pedigree that suggests New Leaf (NLVVF) could soon be one of the biggest winners in legal marijuana’s next wave.
In short, I’ve been an investment authority for nearly 40 years, and I must say this is one of the very best, huge-upside young companies I have ever seen.
When the legal marijuana market crashed, its rubble, dust, and debris spread quickly across the markets.
The massive swoon left legal cannabis in state of panic and despair… teetering on the edge of complete destruction.
Unnoticed amid the chaos were the few nimble companies that outraced the devastation.
One such company is Washington State-based New Leaf Ventures (NLVVF).
It’s why, today, as the broken, greedy, and profane cannabis corporations beg investors for life support, New Leaf (NLVVF) offer a results’ based beacon of hope
That’s because New Leaf (NLVVF), through it’s wholly owned subsidiaries, offer real property, consulting, intellectual property and enhanced ancillary services to licensed holders in Washington. Ultimately, making well-known marijuana products for the Washington market.
In fact, New Leaf’s (NLVVF) co-founder, Dax Colwell, says some of his company’s legal products were first ever to be sold retail in Washington.
But processing is New Leaf’s (NLVVF) expertise.
New Leaf (NLVVF) does the integral work. Through their SOP’s, the raw weed is turned into packages of consumer products.
New Leaf Ventures (P (NLVVF)
0.38 ? -0.025 (-6.17%)
Volume: 58,297 @09/21/20 3:57:39 PM EDT
Bid Ask Day's Range
0.3657 0.3934 0.369 - 0.42
NLVVF Detailed Quote
$NLVVF 4-MOS- [-chart]www.stockscores.com/chart.asp?TickerSymbol=NLVVF&TimeRange=90&Interval=d&Volume=1&ChartType=CandleStick&Stockscores=1&ChartWidth=830&ChartHeight=500&LogScale=None&Band=BB&avgType1=None&movAvg1=10&avgType2=None&movAvg2=30&Indicator1=MACD&Indicator2=AccDist&Indicator3=FStoch&Indicator4=RSI&endDate=&CompareWith=&entryPrice=&stopLossPrice=&candles=redgreen[/chart]
New Leaf Ventures Reports Positive Operational Outlook
July 16, 2020, 6:00 AM MST
https://www.bloomberg.com/press-releases/2020-07-16/new-leaf-ventures-reports-positive-operational-outlook
New Leaf Ventures Reports Positive Operational Outlook
VANCOUVER, British Columbia, July 16, 2020 (GLOBE NEWSWIRE) -- New Leaf
Ventures Inc. (CSE: NLV) (“New Leaf,” “NLV” or the “Company”), a management
and investment organization dedicated to evaluating and accelerating advanced
stage operations in the North American Cannabis sector is pleased to advise on
operational activities reported by its New Leaf USA team.
New Leaf USA Inc. (and its subsidiaries) provides licenses, consulting
services, physical and intellectual property, production equipment and related
services to a Washington-based Tier 3 Producer/Processor focused on
industrial-scale agronomy, processing, packaging, marketing and distributing
cannabis and cannabis related products. While recent global events have
created uncertainty in many industries, reports from the Seattle-based team
provide strategic insight and cautious optimism for the coming harvest season.
Product Sales Price Increase Averages 28%
o Over the past two years, the cannabis industry in Washington state has
experienced stabilization in supply due to consolidation of producers and
processors.
o The stabilization has resulted in an increase in wholesale costs of flower
and extraction material throughout the regional sector.
o Beginning June 1st, the New Leaf USA licensee competitively matched the
industry trend by increasing fees on flower sales to retailers by an
average of 28% with virtually no impact to COGS. Retailer acceptance has
been positive across the board.
o Based on information gathered from its industry partners, New Leaf USA
expects wholesale prices to remain stable throughout the 2020-2021 harvest
season, subject to normal seasonal fluctuations.
Harvest Season Preparations
o New Leaf USA has been actively establishing and building relationships
with regional producers and processors in preparation for the upcoming
harvest season.
o Early light deprivation greenhouse and auto-flower harvests are expected
to start in late July, ramping up in August. Large scale outdoor and
greenhouse harvests will begin in September through October.
o The license holder anticipates the purchase and processing of several
thousand pounds of material in August, ramping up through the fall. New
Leaf USA participates in earnings through its licensed IP whereby monthly
revenues are earned relative to units sold. Therefore, the more biomass
processed and sold ensures positive cash flow to New Leaf USA.
o A portion of purchased material will be packaged and sold via New Leaf
USA’s affiliate Weed brand, with the remainder slated for sales in bulk to
processors.
Cultivation Facility Upgrades
o New Leaf USA has received funding and initiated a series of upgrades to
increase the scope of licensed indoor cultivation facilities.
o Phase one upgrades include higher efficiency lighting with increased light
output. The operator expects a 25-35% increase in production volume of
usable material based on initial tests of the new lighting configuration.
o The Company has also advanced changes to the drying and curing process
that will result in increases in quality of flower production.
o New Leaf USA has authorized the implementation of an integrated software
system for scheduling, managing, and tracking cultivation operations. This
system will increase efficiencies in the cultivation cycle, improve the
ability to identify issues, implement corrective measures and improvements
(such as the introduction of new strains), and facilitate
inter-departmental communication in support of lean manufacturing
processes.
o Phase two upgrades will focus on environmental and process controls within
the cultivation facility, resulting in improvements in consistency and
quality of overall flower production, packaging and logistics.
Michael Stier, CEO of New Leaf Ventures states, “The reports and activities
from our New Leaf USA subsidiary are welcome news. Our investment strategy and
management controls are delivering a focused approach to production
improvements and a practical pathway to revenue growth. We are delighted by
these early successes including news of increased product interest by a
growing number of regional retailers and processors. With an increased ability
to deliver consistent high-quality products we aim to focus on cost-efficient
replicable methods to achieve a dominant role as a leader in best practices
and shareholder value.”
About New Leaf Ventures Inc. (CSE: NLV)
New Leaf Ventures Inc. is developing a cannabis sector-based scalable
securities concept of focused financing and applied management to achieve
earnings growth through targeted investment. The Company’s flagship enterprise
is New Leaf USA and its subsidiaries, which provide licenses, consulting
services, real property, intellectual property and equipment for lease and
ancillary services to a Washington-based Tier 3 Producer/Processor focused on
cultivating, growing, processing, packaging, and distributing cannabis and
cannabis related products.
For further information, please contact:
New Leaf Ventures Inc.
Invictus Investor Relations
Tel: +1 (604) 343-8661
Email: investors@newleafventuresinc.com
Forward Looking Statement
This news release contains statements and information that, to the extent that
they are not historical fact, may constitute “forward-looking information”
within the meaning of applicable securities legislation. Forward-looking
information may include financial and other projections, as well as statements
regarding future plans, objectives or economic performance, or the assumption
underlying any of the foregoing. In some cases, forward-looking statements can
be identified by terms such as “may”, “would”, “could”, “will”, “likely”,
“except”, “anticipate”, “believe”, “intend”, “plan”, “forecast”, “project”,
“estimate”, “outlook”, or the negative thereof or other similar expressions
concerning matters that are not historical facts. Examples of such statements
include, but are not limited to, statements with respect to the objectives and
business plans of the Company; ability to realize benefits from its recent
corporate appointments; ability to retain its key personnel; the intention to
grow the Company’s business and operations; the competitive conditions of the
industries in which the Company operates; and laws and any amendments thereto
applicable to the Company.
Forward-looking information is based on the assumptions, estimates, analysis
and opinions of management made in light of its experience and its perception
of trends, current conditions and expected developments, as well as other
factors that management believes to be relevant and reasonable in the
circumstances at the date that such statements are made, but which may prove
to be incorrect. The material factors and assumptions used to develop the
forward-looking information contained in this news release include, but are
not limited to, key personnel and qualified employees continuing their
involvement with the Company; and the Company’s ability to secure financing on
reasonable terms.
Forward-looking information involves known and unknown risks, uncertainties
and other factors that may cause the actual results, performance or
achievements of the Company to differ materially from any future results,
performance or achievements expressed or implied by the forward-looking
information, including, without limitation, risks relating to the future
business plans of the Company; risks that the Company will not be able to
retain its key personnel; risks that the Company will not be able to secure
financing on reasonable terms or at all, as well as all of the other risks as
described in the Company’s management discussion and analysis for year ended
December 31, 2019 under the heading “Risks and Uncertainties”. Accordingly,
readers should not place undue reliance on any such forward-looking
information. Further, any forward-looking information speaks only as of the
date on which such statement is made. New factors emerge from time to time,
and it is not possible for the Company’s management to predict all of such
factors and to assess in advance the impact of each such factor on the
Company’s business or the extent to which any factor, or combination of
factors, may cause actual results to differ materially from those contained in
any forward-looking information. The Company does not undertake any obligation
to update any forward-looking information to reflect information or events
after the date on which it is made or to reflect the occurrence of
unanticipated events, except as required by law, including securities laws.
The CSE does not accept responsibility for the adequacy or accuracy of this
release.
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New Leaf Ventures Inc. (CSE: NLV / OTC: NLVVF) is a professional management group dedicated to evaluating
and accelerating advanced stage operations in the North American Cannabis sector.
New Leaf Ventures Inc. engages in acquiring assets and businesses in the cannabis industry. It provides licenses, consulting services,
real property, intellectual property, and equipment for lease and ancillary services through its subsidiaries.
The company was founded on June 4, 2018 and is headquartered in Vancouver, Canada.
http://www.newleafventuresinc.com
New Leaf Ventures Announces DTC Eligibility for its Common Shares VANCOUVER, British Columbia, July 23, 2020 (GLOBE NEWSWIRE) -- New Leaf Ventures Inc. (CSE: NLV) (OTC: NLVVF) (“New Leaf,” “NLV” or the “Company”), a management and investment organization dedicated to evaluating and accelerating advanced stage operations in the North American Cannabis sector is pleased to announce that it’s US-based OTC Markets listing under the symbol “NLVVF” has received approval from the Depository Trust Company (“DTC”) to make the Company’s common shares eligible to be electronically cleared and settled through DTC (“DTC Eligibility”). DTC is a subsidiary of the Depository Trust and Clearing Corporation, a United States company that manages the electronic clearing and settlement of publicly traded companies. DTC Eligibility incorporates an electronic method of clearing securities that speeds up the receipt of stock and cash, and thus accelerates the settlement process for certain investors. DTC is a member of the U.S. Federal Reserve System, a limited-purpose trust company under New York State banking law and a registered clearing agency with the U.S. Securities and Exchange Commission. In addition to trading in the United States, New Leaf’s common shares continue to trade on the Canadian Securities Exchange under NLV.
Michael Stier, CEO of New Leaf Ventures notes, “DTC eligibility will allow current and prospective shareholders of New Leaf Ventures a reliable, cost-efficient, and timely method for clearing and settlement of our common shares. Todays news is an important milestone towards broadening our market presence across the United States as we engage with this significant shareholder audience." About New Leaf Ventures Inc. (CSE: NLV) (OTC: NLVVF) New Leaf Ventures Inc. is developing a cannabis sector-based scalable securities concept of focused financing and applied management to achieve earnings growth through targeted investment. The Company’s flagship enterprise is New Leaf USA and its subsidiaries, which provide licenses, consulting services, real property, intellectual property and equipment for lease and ancillary services to a Washington-based Tier 3 Producer/Processor focused on cultivating, growing, processing, packaging, and distributing cannabis and cannabis related products. For further information, please contact:
http://www.newleafventuresinc.com
New Leaf Ventures Inc. Invictus Investor Relations Tel: +1 (604) 330-9220 Email: investors@newleafventuresinc.com https://www.bloomberg.com/press-releases/2020-07-23/new-leaf-ventures-announces-dtc-eligibility-for-its-common-shares
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