"The name change reflects the company's commitment to be a global brand leader in the cannabis industry, with a focus on improving the quality of life for both pets and their owners," noted the company in a release.
The firm noted that the name of the company's subsidiary, True Leaf Medicine Inc, which is an applicant to be a licensed cultivator, processor and seller of medicinal cannabis in Canada, will change to True Leaf Cannabis Inc.
The company's global pet business will continue to operate under its True Leaf Pet Inc subsidiary.
Shares of True Leaf were at C$0.47 on Thursday.
Contact Katie Lewis at [email protected]