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True Leaf Brands Inc.: True Leaf Unveils Plan to Become B.C. Craft Cannabis Hub
True Leaf Campus will be the first facility of its kind to serve the burgeoning B.C. craft cannabis community
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 serve growers and micro-cultivators seeking a gateway to the legal market.
True Leaf Brands Inc. Announces Private Placement of Equity and Entry into Consulting Agreement
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 CAD $0.36 per share. The Offering may close in one or more tranches on or before January 31, 2021.
At this time, the Company does not anticipate any related parties will subscribe for shares under the Offering. Therefore, the Offering does not constitute a related party transaction as defined in
True Leaf Brands Inc.: True Leaf Announces Management Cease Trade Order Revoked
True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFD) (FSE: TLA) (
True Leaf or the
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BCSC ) has been revoked.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. The application for the MCTO was made in respect to the expected late filing of its annual financial statements, management s discussion and analysis (
MD&A ), and the related officer certifications (