True Leaf Provides Update on Restructuring Process
Vernon, British Columbia--(Newsfile Corp. - August 5, 2020) - True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFF) (FSE: TLA) ("True Leaf") announced today that, on July 31, 2020, True Leaf and its subsidiaries obtained Orders from the Supreme Court of British Columbia extending the stay of proceedings in the companies' restructuring proceedings under the Bankruptcy and Insolvency Act (Canada). The stay of proceedings has been extended to September 15, 2020.About True LeafTrue Leaf Brands Inc. is a wellness company...
2020-08-05 7:00 AM EDT
True Leaf Provides Update on Filing of Year End 2020 and First Quarter 2021 Financial Statements
Vernon, British Columbia--(Newsfile Corp. - July 21, 2020) - True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFF) (FSE: TLA) ("True Leaf" or the "Company") is providing an update on the status of the filing of its operating and financial results for the fiscal year ended March 31, 2020, accompanying management's discussion and analysis, and related CEO and CFO certifications (collectively "Annual Filings"), and the filing of its operating and financial results for the first quarter ended June 30, 2020,...
2020-07-21 4:30 PM EDT
True Leaf Provides Update on Restructuring Process
Vernon, British Columbia--(Newsfile Corp. - June 22, 2020) - True Leaf Brands Inc. (CSE: MJ) (OTCQX: TRLFF) (FSE: TLA) ("True Leaf") announced today that, on June 16, 2020, True Leaf and its subsidiaries obtained Orders from the Supreme Court of British Columbia extending the stay of proceedings in the companies' restructuring proceedings under the Bankruptcy and Insolvency Act (Canada). The stay of proceedings has been extended to July 31, 2020. About True LeafTrue Leaf Brands Inc. is a wellness...
2020-06-22 7:00 AM EDT
True Leaf Provides Update on Restructuring Process
Vernon, British Columbia--(Newsfile Corp. - May 15, 2020) - True Leaf Brands Inc. (CSE: MJ) (OTCQX: TRLFF) (FSE: TLA) ("True Leaf" or the "Company") announced today that, as part of its ongoing restructuring process, FTI Consulting Canada Inc. ("FTI"), in its capacity as Proposal Trustee of the Company and its subsidiaries, is soliciting offers for the assets of True Leaf Brands Inc.This is a required step in True Leaf's previously announced Interim Financing Facility. The potential sale of assets is...
2020-05-15 7:00 AM EDT
True Leaf Provides Interim Financing Update and Announces Leadership Change
Vernon, British Columbia--(Newsfile Corp. - May 6, 2020) - True Leaf Brands Inc. (CSE: MJ) (OTCQX: TRLFF) (FSE: TLA) ("True Leaf" or the "Company") announces today that, on May 1, 2020, the Supreme Court of British Columbia granted orders approving the interim financing facility between Lind Asset Management XV, LLC, True Leaf Brands Inc., True Leaf Cannabis Inc., True Leaf Pet Inc., and True Leaf Investments Corp. (collectively, the "Companies") (the "Interim Financing Facility") in the Companies' restructuring proceedings under...
2020-05-06 7:00 AM EDT
True Leaf Announces Filing for Stay of Proceedings on Creditors
Vernon, British Columbia--(Newsfile Corp. - April 2, 2020) - True Leaf Brands Inc. (CSE: MJ) (OTCQX: TRLFF) (FSE: TLA) ("True Leaf" or the "Company") announces today that, after careful consideration of all available alternatives, it has commenced restructuring proceedings and is seeking creditor protection by filing a Notice of Intention to make a proposal under the Bankruptcy and Insolvency Act (Canada) (the "NOI Proceeding").As previously announced by press release on March 23, 2020, True Leaf received a "Notice Event of...
2020-04-02 9:18 AM EDT
True Leaf Receives Notice Event of Default, Investigation of Event of Default and Reservation of Rights
Vernon, British Columbia--(Newsfile Corp. - March 23, 2020) - True Leaf Brands Inc. (CSE: MJ) (OTCQX: TRLFF) (FSE: TLA) ("True Leaf" or the "Company") today announced that Lind Asset Management XV, LLC (the "Lender") managed by alternative asset management firm The Lind Partners, LLC, under the Company's convertible security funding agreement dated February 12, 2019, and under the waiver, amendment and funding supplement agreement dated October 7, 2019 (together the "Credit Agreement"), provided the Company with a "Notice Event of...
2020-03-23 10:11 PM EDT
True Leaf Reports Third Quarter 2020 Financial Results and Corporate Update
Vernon, British Columbia--(Newsfile Corp. - March 2, 2020) - True Leaf Brands Inc. (CSE: MJ) (OTCQX: TRLFF) (FSE: TLA) ("True Leaf" or the "Company") today announced its operating and financial results for the third quarter ended December 31, 2019.Q3 2020 and Recent HighlightsTrue Leaf PetReported revenues from global sales totaling $491,040 (CAD).Secured several new listings with PetSmart Canada (petsmart.ca), expanding the Company's product line in 140 stores and online. The expanded range of hemp supplements and oil of oregano pet...
2020-03-02 7:30 PM EST
True Leaf Issues Clarification
Vernon, British Columbia--(Newsfile Corp. - January 20, 2020) - At the request of IIROC, True Leaf Brands Inc. (CSE: MJ) (OTCQX: TRLFF) (FSE: TLA) ("True Leaf" or the "Company"), would like to clarify the Company is at full disclosure and there are no material changes which are generating recent activity. The Company believes this activity can be traced to a mistaken reference to True Leaf and its trading symbol in a U.S.-based news story.About True LeafTrue Leaf Cannabis Inc., a...
2020-01-20 7:00 AM EST
True Leaf Grants Stock Options
Vernon, British Columbia--(Newsfile Corp. - April 2, 2019) - True Leaf Medicine International Ltd. ("True Leaf" or the "Company") (CSE: MJ) (OTCQX: TRLFF) (FSE: TLA), a leading global cannabis and hemp wellness brand for pets, today announced the Company has granted stock options to directors, officers, employees and consultants to purchase up to a total 1,675,000 common shares, exercisable at a price of 56 cents per share, and 750,000 common shares, exercisable at a price of 61 cents per...
2019-04-02 7:30 PM EDT
True Leaf Announces Clarification of March 15, 2019 News Release
Vernon, British Columbia--(Newsfile Corp. - March 22, 2019) - True Leaf Medicine International Ltd. (CSE: MJ) (OTCQX: TRLFF) (FSE: TLA) ("True Leaf" or the "Company"), a leading global cannabis and hemp wellness brand for pets, at the request of IIROC, wishes to clarify the news release issued on March 15, 2019. On March 15, 2019, True Leaf announced: "Working to raise its profile among U.S. investors, the Company has also retained KCSA Strategic Communications as its investor relations counsel."True Leaf...
2019-03-22 7:30 PM EDT
True Leaf Announces Acceleration of Warrant Expiry
Vernon, British Columbia--(Newsfile Corp. - March 15, 2019) - True Leaf Medicine International Ltd. (CSE: MJ) (OTCQX: TRLFF) (FSE: TLA) ("True Leaf" or the "Company"), a leading global cannabis and hemp wellness brand for pets, announced today that market conditions have triggered the acceleration of the expiry of the following share purchase warrants of the Company (the "Warrants"): 871,795 warrants issued May 29, 2017 with an amended exercise price of $0.355 per common share 1,861,432 warrants issued June 12,...
2019-03-15 7:30 PM EDT
True Leaf to Participate in the 31st Annual ROTH Capital Conference, March 17-19, 2019
Vernon, British Columbia--(Newsfile Corp. - March 15, 2019) - True Leaf Medicine International Ltd. (CSE: MJ) (OTCQX: TRLFF) (FSE: TLA) ("True Leaf" or the "Company"), a leading global cannabis and hemp wellness brand for pets, today announced that Tenzin Khangsar, the Company's Executive Vice President, and Kerry Biggs, Chief Financial Officer, are scheduled to participate in the 31st Annual ROTH Capital Conference to be held March 17-19, 2019, at The Ritz-Carlton, Laguna Niguel in Orange County, CA.Management will be available...
2019-03-15 7:00 AM EDT
True Leaf Retains Hillcrest Merchant Partners as its Canadian Capital Markets Advisor
Vernon, British Columbia--(Newsfile Corp. - March 7, 2019) - True Leaf Medicine International Ltd. (CSE: MJ) (OTCQX: TRLFF) (FSE: TLA) (“True Leaf” or the “Company”), a leading global cannabis and hemp wellness brand for pets, announced today that it has retained Hillcrest Merchant Partners, a respected Toronto-based merchant bank firm, as the Company’s Canadian capital markets advisor. Co-founded by Donato Sferra and Mark Attanasio, Hillcrest Merchant Partners advises companies with considerable growth potential that seek additional capital and/or strategic acquisitions. Hillcrest...
2019-03-07 7:00 AM EST
True Leaf Reports Third Consecutive Quarter of Record Sales
Vernon, British Columbia--(Newsfile Corp. - February 28, 2019) - True Leaf Medicine International Ltd. (CSE: MJ) (OTCQX: TRLFF) (FSE: TLA) ("True Leaf" or the "Company"), a leading global cannabis and hemp wellness brand for pets, has announced its best sales quarter ever for the three-months ended December 31, 2018.The revenues were generated from global sales of the Company's legal hemp-based products for pets. Sales of the products totaled $652,370 (CAD), making it the Company's third record-setting quarter in a row.Revenue...
2019-02-28 7:00 AM EST
True Leaf Begins Trading on OTCQX(R) Best Market
Vernon, British Columbia--(Newsfile Corp. - February 26, 2019) - True Leaf Medicine International Ltd. (CSE: MJ) (OTCQX: TRLFF) (FSE: TLA) ("True Leaf" or the "Company"), a leading global cannabis and hemp wellness brand for pets, has announced that it has qualified to trade on the OTCQX® Best Market by OTC Markets Group under the ticker symbol TRLFF effective today.The OTCQX Market is reserved for established U.S. and global companies that meet high financial standards, provide timely news and disclosure to...
2019-02-26 7:00 AM EST
True Leaf Closes Convertible Security Funding Agreement with The Lind Partners
Vernon, British Columbia--(Newsfile Corp. - February 21, 2019) - True Leaf Medicine International Ltd. (CSE: MJ) (OTCQB: TRLFF) (FSE: TLA) ("True Leaf" or the "Company"), a leading global cannabis and hemp wellness brand for pets, announced today that the Company has closed its previously announced convertible security financing for gross proceeds of $4,500,000.About True LeafTrue Leaf is a leading global cannabis and hemp wellness brand for pets. Inspired by the unconditional love our pets give us every day, we return...
2019-02-21 6:23 PM EST
True Leaf Executes Convertible Security Funding Agreement for Gross Proceeds of $4.5 million
Vernon, British Columbia--(Newsfile Corp. - February 12, 2019) - True Leaf Medicine International Ltd. (CSE: MJ) (OTCQB: TRLFF) (FSE: TLA) ("True Leaf" or the "Company"), a leading global cannabis and hemp wellness brand for pets, announced today that it has executed a funding agreement (the "Funding Agreement") for the issue of a convertible security for gross proceeds of $4,500,000 (the "Investment") with an entity managed by The Lind Partners, a New York-based institutional fund manager (the "Investor")."This capital investment...
2019-02-12 11:09 PM EST
True Leaf Finalizes Warrant Repricing
Vernon, British Columbia--(Newsfile Corp. - February 5, 2019) - True Leaf Medicine International Ltd. (CSE: MJ) (OTCQB: TRLFF) (FSE: TLA) ("True Leaf" or the "Company"), a leading global cannabis and hemp wellness brand for pets, announced today that warrantholders holding 3,223,227 of the Company's warrants expiring on May 29, 2019 and June 12, 2019, have consented to and agreed with the repricing of the exercise price of their warrants from $0.45 per share to $0.355 per share. On December...
2019-02-05 10:34 PM EST
True Leaf Expands Retail Distribution in Europe
Vernon, British Columbia--(Newsfile Corp. - January 29, 2019) - True Leaf Medicine International Ltd. (CSE: MJ) (OTCQB: TRLFF) (FSE: TLA) ("True Leaf" or the "Company"), a leading global cannabis and hemp wellness brand for pets, today announced its True Hemp™ product line will soon be available in Arcaplanet stores in Italy, expanding its total retail distribution to 1,000 stores across Europe. True Leaf has added Arcaplanet, a leading pet retail chain in Italy, to its list of partners in...
2019-01-29 7:00 AM EST