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Bullboard - Stock Discussion Forum 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... see more

CSE:MJ - Post Discussion

Maven Brands Inc > True Leaf is the most undervalued weed stock
View:
Post by Quikfix73 on Feb 12, 2021 1:22pm

True Leaf is the most undervalued weed stock

Have you guys checkout out True Leaf? It trades in CAD/US markets below:


https://finance.yahoo.com/quote/MJ.CN

https://finance.yahoo.com/quote/TRLFF


True Leaf has just gone through restructuring (refer to PR below) and this restructuring has been accepted by the courts and is now completely finalized, and it has outstanding shares of 28.79 million and a current market cap of $21.3 million Canadian dollars (based on a closing share price of $0.74 CAD today on the Canadian ticker MJ)


https://ir.trueleafbrands.com/press-releases/detail/102/true-leaf-completes-amalgamation


Insiders and existing shareholders prior to the consolidation/amalgamation also own 24.68% of the outstanding shares (40.8% of 17,416,980 post consolidation shares as mentioned in PR below multiplied by the current outstanding shares of 28,791,535 as mentioned in this PR above) so the FLOAT is TINY (float of 10.2 million as indicated here https://finance.yahoo.com/quote/MJ.CN/key-statistics?p=MJ.CN) and any major volume action will make this one pop big time!


https://ir.trueleafbrands.com/press-releases/detail/97/true-leaf-successfully-restructures-begins-new-chapter


This one is SO UNDERVALUED and volume has been picking up BIG TIME on this one.


As of Feb 11, 2021 for MJ on Canadian Exchange.

Share Volume: 539,667 Avg. Share Volume for last 3 months: 84,129


As of Feb 11, 2021 for TRLFF on American Exchange.

Share Volume: 751,463 Avg. Share Volume for last 3 months: 102,381

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