Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Maven Brands Inc C.MJ

Alternate Symbol(s):  TRLFF

Maven Brands Inc. is a Canada-based licensed processor serving the burgeoning craft cannabis community in Canada with a full suite of production, processing, and packaging solutions. The Company, through its subsidiary, Maven Cannabis, owns and operates an approximately 19,500 square foot cannabis facility at the 40-acre Monashee Gateway Business Park, situated in the Village of Lumby at the north end of the Okanagan Valley in the Interior of British Columbia, Canada. Its services include Cannabis production, toll-processing and packaging, regulatory support and QA services, supply contracts for co-branded, nation-wide distribution, small scale microbial and analytics services, genetic cleaning, propagation, cloning and bio-banking services and land packages for new micro sites at Monashee Gateway Business Park. It is also engaged in services program to provide seed-to-shelf solutions for cannabis micro-cultivators and small-scale producers across Canada.


CSE:MJ - Post by User

Post by BCStockon Oct 10, 2019 12:09pm
669 Views
Post# 30217548

True Leaf predictions ....... dogs chasing CBD rabbits

True Leaf predictions ....... dogs chasing CBD rabbitsHere is the scenario I predict for True Leaf before they might vanish into a dog dish of debt.  The mystery Lind third party investor entity are trapped and had no path other than to extend their loan.  That is actually good news as they might do all they can to keep True Leaf solvent and maybe some day get their loan paid back.  The shareholders are pooched. Better to sell your shares in December, if there is no positive true news from the company, and take the tax losses.  Averaging in by buying more shares at these low prices is usually a very bad decision.  Watch for signs of real company trouble such as, Directors resigning, Warrants and Options being written back into the money, Insiders quietly selling off shares, assets such as the new True Leaf building in Lumby being sold for cash, late release times for the financials, or shares being  combined in ratios of 4/1 to give an illusion of share value.  Looks good but now you own only 1/4  the number of shares. The shareholders are the big loser in this agonizing wait for some positive moves by True Leaf.  Not only has the entire cannabis market dropped buy 60% in average share value, but the True Leaf investors are being diluted out of existence by continuous printing of more shares and warrants for the institution investors and insiders. The founder of True Leaf is a valuable asset in times of trouble as he has had previous bankruptcies in the pet food industry and now knows what tactics are available to keep afloat, plus he still has a vested huge ownership of company shares.  Let us hope there is some empathy for the shareholders.  The question for the shareholders is what will happen when the federal dope licence for True Leaf is finally issued? Typically shares move up on hype, promotion and anticipation but are flat on the actual news.  True Leaf appear to be heading into the USA CBD market  as that may be the first opportunity to dope some dogs.  Canadian sales are still blocked by the requirement of veterinary prescriptions, which will be reluctantly done as Veterinarians really do no know how much CBD might knock off a million dollar Shih Tzu.  The research into pet CBD is way too little for the Canadian government to be comfortable allowing domestic animals to be freely doped at present.  Imagine the liability risks in the USA when entering the CBD/THC pet markets there.  What would be the cost to True Leaf just for liability insurance?  That could bankrupt them right there.  The waiting game continues, but True Leaf management really should give some positive bark out  indications that they love their obedient shareholders.

<< Previous
Bullboard Posts
Next >>