True Leaf Launches Equity Crowdfunding for B.C. Craft Cannabis
Vernon, British Columbia--(Newsfile Corp. - May 10, 2021) - True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFF) (FSE: TLAA) ("True Leaf" or the "Company") today announced a unique opportunity for the public to invest in what it believes is a first-of-its-kind hub designed to bring quality craft cannabis to the retail market. True Leaf has launched both a traditional private placement and an equity crowdfunding offering (together the "Offering") so institutional investors, the craft cannabis community, and the...
2021-05-10 5:21 PM EDT
True Leaf Receives Preliminary Subdivision Approval for the Okanagan's First Cannabis Business Park
Vernon, British Columbia--(Newsfile Corp. - April 15, 2021) - True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFF) (FSE: TLAA) ("True Leaf" or the "Company") has received preliminary subdivision approval from the Village of Lumby for a first-of-its-kind Cannabis Business Park in the Okanagan Valley. True Leaf's 40-acre parcel of land in Lumby is zoned for cannabis production. Through a phased approach, the Company plans to subdivide the property into 14 lots to offer land packages to regional micro-cultivators. This...
2021-04-15 7:00 AM EDT
True Leaf Launches Cannabis Operations at Lumby Facility
Vernon, British Columbia--(Newsfile Corp. - April 7, 2021) - True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFF) (FSE: TLAA) ("True Leaf" or the "Company") today announced the launch of cannabis operations at its True Leaf Campus facility located in Lumby, British Columbia.The first plants arrived at True Leaf Campus this week, marking the beginning of the Company's planned in-house grow and production operations. The Company recently closed a $1.5 million oversubscribed private placement and received the required Canada Revenue...
2021-04-07 7:00 AM EDT
True Leaf Announces Issuance of Bonus Shares and Grant of Stock Options
Vernon, British Columbia--(Newsfile Corp. - March 8, 2021) - True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFF) (FSE: TLAA) ("True Leaf" or the "Company") has issued 176,886 common shares of the Company as bonus shares ("Bonus Shares") to certain officers, employees, and consultants of the Company. The Bonus Shares are being issued at a deemed price of $0.424 per share, in accordance with the allowable discount policy of the Canadian Securities Exchange. All Bonus Shares issued are subject to...
2021-03-08 5:00 PM EST
True Leaf Closes $1.5 Million Oversubscribed Private Placement
Vernon, B.C.--(Newsfile Corp. - March 1, 2021) - True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFF) (FSE: TLAA) ("True Leaf" or the "Company") is pleased to announce that, further to its news releases of January 6, 2021, and February 1, 2021, the Company has closed a non-brokered private placement (the "Offering") to raise gross proceeds of $1,534,479 (CAD) through the sale of 4,262,436 common shares priced at $0.36 per share, 53% more than the original $1,000,000 target. All shares...
2021-03-01 7:00 AM EST
True Leaf Unveils Plan to Become B.C. Craft Cannabis Hub
Vernon, British Columbia--(Newsfile Corp. - February 9, 2021) - True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFD) (FSE: TLAA) ("True Leaf" or the "Company") has announced a strategic plan to provide British Columbia's burgeoning craft cannabis community with the services they need. B.C.'s cannabis industry is currently a mix of growers grandfathered under the pre-legalization rules and licensed producers under the Cannabis Act with strict requirements for quality assurance, security, and sales. The Company's True Leaf Campus facility will...
2021-02-09 4:30 PM EST
True Leaf Brands Inc. Announces Extension of Private Placement Closing Date
Vernon, British Columbia--(Newsfile Corp. - February 1, 2021) - True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFD) (FSE: TLAA) ("True Leaf" or the "Company") announces that subject to regulatory approval and formal documentation, the Company is extending the close of the non-brokered, private placement financing ("Offering") previously announced on January 6, 2021, to February 19, 2021, which is 45 days from the Company's original announcement.The Offering is being undertaken to raise gross proceeds of not less than CAD $150,000...
2021-02-01 7:00 AM EST
True Leaf Brands Inc. Announces Private Placement of Equity and Entry into Consulting Agreement
Vernon, British Columbia--(Newsfile Corp. - January 6, 2021) - True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFD) (FSE: TLAA) ("True Leaf" or the "Company") is pleased to announce a proposed non-brokered private placement offering to raise gross proceeds of not less than CAD $150,000 up to CAD $1.0 Million (the "Offering"). Under the terms of the Offering, the Company will offer for sale a minimum of 416,667 common shares up to a maximum of 2,777,778 common shares at...
2021-01-06 4:39 PM EST
True Leaf Completes Amalgamation
Vernon, British Columbia--(Newsfile Corp. - December 14, 2020) - True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFD) (FSE: TLA) ("True Leaf" or the "Company") today announced that further to the press release issued on November 17, 2020, the amalgamation (the "Amalgamation") of 1273096 B.C. LTD. ("AcquireCo #1") and 1263809 B.C. LTD. ("AcquireCo #2") (together, the "AcquisitionCos") and a wholly-owned subsidiary of the Company ("Subco"), has closed. "The closing of the Amalgamation is the last step of the...
2020-12-14 7:00 AM EST
True Leaf Announces Management Cease Trade Order Revoked
Vernon, British Columbia--(Newsfile Corp. - December 10, 2020) - True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFD) (FSE: TLA) ("True Leaf" or the "Company") announced today that the Management Cease Trade Order ("MCTO") imposed by the British Columbia Securities Commission ("BCSC") has been revoked. With this resolution of the MCTO, members of management are no longer precluded from trading the Company's common shares.On September 16, 2020, the Company announced that it had been granted an MCTO by the BCSC....
2020-12-10 10:37 AM EST
True Leaf Announces Consolidation of Common Shares
Vernon, British Columbia--(Newsfile Corp. - December 9, 2020) - True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFF) (FSE: TLA) ("True Leaf" or the "Company") announces that it plans to consolidate all of the Company's issued and outstanding common shares (the "Share" and, collectively, "Shares") on the basis of nine (9) to one (1) (the "Consolidation"). The Consolidation was previously announced on November 17, 2020 as part of its restructuring plan.Effective December 10, 2020, with a record date of...
2020-12-09 11:52 AM EST
True Leaf Provides Management Cease Trade Order Update
Vernon, BC--(Newsfile Corp. - November 23, 2020) - True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFF) (FSE: TLA) ("True Leaf" or the "Company") is providing a biweekly default status report in accordance with National Policy 12-203 - Management Cease Trade Orders ("NP 12-203").On September 15, 2020, the Company announced that it had applied to the British Columbia Securities Commission ("BCSC"), under NP 12-203, requesting that a temporary management cease trade order ("MCTO") be granted in respect of the anticipated...
2020-11-23 7:30 PM EST
True Leaf Successfully Restructures; Begins New Chapter
Vernon, British Columbia--(Newsfile Corp. - November 17, 2020) - True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFF) (FSE: TLA) ("TLB" or the "Company") today announced it has closed its previously announced refinancing transaction, completing the final step in its effort to emerge from creditor protection."We are pleased to announce this significant milestone for True Leaf," said interim Chief Executive Officer Darcy Bomford. "This restructuring is a testament to our original vision for True Leaf and the confidence we have...
2020-11-17 7:30 PM EST
True Leaf Receives Court Approval to Complete Refinancing
Vernon, British Columbia--(Newsfile Corp. - November 10, 2020) - True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFF) (FSE: TLA) ("TLB" or the "Company") announced today that it has received approval from the British Columbia Supreme Court (the "Court") to complete the final steps in its refinancing and restructuring process. The approval brings the Company one step closer to successfully emerging from creditor protection. On November 6, 2020, TLB, True Leaf Cannabis Inc. ("TLC") and True Leaf Investments Corp. ("TLI")...
2020-11-10 7:00 AM EST
True Leaf Announces Creditor Approval of Proposals
Vernon, British Columbia--(Newsfile Corp. - October 23, 2020) - True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFF) (FSE: TLA) ("True Leaf" or the "Company") is pleased to announce that the Company's proposals to its creditors pursuant to the Bankruptcy and Insolvency Act (Canada) have been unanimously approved by the creditors. This is a key step, allowing for the True Leaf companies to emerge from their respective proposal proceedings and allowing Canguard Entities ("Canguard") to acquire the assets and...
2020-10-23 7:00 AM EDT
True Leaf Files Proposals to Exit Bankruptcy and Provides Status Update on Audited Year End Financial Statements
Vernon, British Columbia--(Newsfile Corp. - October 5, 2020) - True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFF) (FSE: TLA) ("True Leaf" or the "Company") is providing an update on its restructuring process and this biweekly default status report in accordance with National Policy 12-203 - Management Cease Trade Orders ("NP 12-203").The stay of proceedings in each of the restructuring proceedings of True Leaf and its subsidiaries expired on October 2, 2020. Prior to the expiry of the stay, True...
2020-10-05 5:05 PM EDT
True Leaf Announces Management Cease Trade Order per National Policy 12-203
Vernon, British Columbia--(Newsfile Corp. - September 16, 2020) - True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFF) (FSE: TLA) ("True Leaf" or the "Company") announces that its principal regulator, the British Columbia Securities Commission (the "BCSC"), has accepted the Company's request for, and the BCSC has granted, a management cease trade order (the "MCTO"). As previously announced on September 15, 2020, the application for the MCTO was made by the Company due to a delay in the preparation and...
2020-09-16 4:30 PM EDT
True Leaf Announces Filing of Application for Management Cease Trade Order and Provides Update on Restructuring Process
Vernon, British Columbia--(Newsfile Corp. - September 15, 2020) - True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFF) (FSE: TLA) ("True Leaf" or the "Company") announces today that it will miss its filing deadline of September 14, 2020 to file its audited annual financial statements and accompanying management's discussion and analysis and related CEO and CFO certificates for the year ended March 31, 2020 (collectively, the "Annual Filings"), as required under applicable Canadian securities laws.In connection with the Company's inability...
2020-09-15 8:14 PM EDT
True Leaf Provides Update on Filing of Year End 2020 and First Quarter 2021 Financial Statements
Vernon, British Columbia--(Newsfile Corp. - August 28, 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"). At the same time, the Company is providing an update on the status of the filing of...
2020-08-28 7:00 AM EDT
True Leaf Enters Into Asset Purchase Agreement to Sell True Leaf Pet Inc.
Vernon, British Columbia--(Newsfile Corp. - August 19, 2020) - True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFF) (FSE: TLA) ("True Leaf") announced today that, as part of the sales process approved by Order of the British Columbia Supreme Court (the "Court") made on May 13, 2020, True Leaf Pet Inc. ("TLP") has entered into a purchase and sale agreement dated August 11, 2020, with 4033001 and Hemp Technology Inc. for the sale of substantially all of the assets of...
2020-08-19 7:00 AM EDT