(Images via True Leaf Brands Inc.)
Licensed producer True Leaf is collaborating with BC micro-cultivators to bring higher quality, craft grown cannabis to the regulated market – a partnership that will help meet the growing demand for premium product.
The latest offering on the Stockhouse DealRoom is a cannabis Company that is uniquely positioned to support the craft
industry throughout British Columbia by providing the tools and services they need to help bring their product to the regulated market.
To bring a higher quality product to market, licensed cannabis producer
True Leaf Brands Inc. (CSE.MJ, OTC Pink: TRLFF, Forum) is preparing to launch a program to provide seed-to-shelf solutions for licensed micro-cultivators. Many of these operators are entirely focused on cultivation and are finding it hard to access the resources they need to get their product to market. The program will provide a full suite of in-house quality assurance, processing, and packaging services, plus access to True Leaf’s nationwide sales and marketing agency.
Through its 40-acre site located in Lumby, the heart of BC’s cannabis growing region the team is developing a diversified revenue stream from craft cannabis activities. The objective is to capture a portion of the unregulated market which still has over 60% share of a $8 billion cannabis market.
True Leaf has received preliminary subdivision approval for a first-of-its-kind
Cannabis Business Park in the Okanagan Valley. The Company plans to subdivide the property into 14 lots to offer land packages to regional micro-cultivators and industry innovators. This will create a hub for the craft cannabis community adjacent to the Company’s existing operations at its True Leaf Campus grow facility.
True Leaf recently closed a
$1.5 million (CAD) oversubscribed private placement and received the required Canada Revenue Agency cannabis license to begin its first phase of operations. The first plants recently arrived at the True Leaf Campus, marking the beginning of True Leaf's planned in-house cultivation and production operations. The first batch will be harvested in June.
Now the Company is seeking to raise up to $10 million (CAD) with Units priced at $0.40 at a minimum investment of $1,000 through a non-brokered private placement in combination with a crowdfunding campaign.
(True Leaf Brands stock chart - March to May 2021. Click to enlarge.)
Investors take note: True Leaf is conducting the raise through an offering memorandum, which, depending on the province, allows investors the opportunity to participate regardless of their relationship or wealth. The offering memorandum can help an investor understand the opportunities being presented in the investment, imminent risks, potential returns, the operations involved, and the general capital structure.
To participate in the True Leaf Brands Inc. Deal Room offering,
click here.
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FULL DISCLOSURE: True Leaf Brands Inc. is a paid client of Stockhouse Publishing. Stockhouse Publishing Ltd. (Stockhouse) is not registered as a broker, dealer, exempt market dealer, or any other registrant in any securities regulatory jurisdiction and will not be performing any registerable activity as defined by the applicable regulatory bodies. This deal room is for informational purposes only and does not constitute an offer to sell or a solicitation to buy the securities referred to herein. Offers to sell, or the solicitations of offers to buy, any security can only be made through official offering documents that contain important information about risks, fees, and expenses. The information contained in this deal room is selective and does not purport to contain all the information relating to True Leaf Brands Inc. In all cases, parties should conduct their own investigation and due diligence, not rely solely on the data provided herein and are encouraged to consult with a financial adviser, lawyer, accountant, and any other professional that can help to understand and assess the risks associated with any investment opportunity.