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True Leaf Brands Inc.

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Market:
CSE
Market Cap:
$15.56 m
Price
0.16 CAD
Change
0.00%
52 weeks high
0.64
52 weeks low
0.11

In brief

True Leaf is a leading global cannabis and hemp wellness brand for pets. Founded in 2013, True Leaf has two main operating divisions: True Leaf Medicine Inc. and True Leaf Pet Inc.

True Leaf Medicine Inc. was launched in July 2013 to become a licensed producer of federally-approved medicinal cannabis for the Canadian market. The company is in the final stages of approval and will be subject to a Health Canada inspection to allow for the production, manufacture, and distribution of cannabis products upon the completion of its cannabis cultivation facility being built in Lumby, British Columbia. Construction 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 1,800 stores across North America and Europe.

Deep dive We explore the investor case for growth companies

Snapshot

The company says both the cannabis and pet sectors represent high-growth industries as it continues to expand its footprint

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on 18/7/19