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True Leaf Brands Inc. (C:MJ)

Business Focus: Alternative Medicine

Sector:  Healthcare Industry:  Pharmaceuticals
See Regulatory Filings on SEDAR
Company Contact
Address: 100 Kalamalka Lake Road, Unit 32
Tel: N/A
IR: See website
Key People
Business Overview
True Leaf Brands Inc., formerly True Leaf Medicine International Ltd, is a Canada-based company, which is a manufacturer and wholesaler of medical marijuana. It operates through two segments: True Leaf Medicine Inc. and True Leaf Pet Inc. The True Leaf Medicine Inc. segment caters to Canada's Marihuana for Medical Purposes Regulations (MMPR) program. The True Leaf Pet Inc segment offers mainly products for pets. The Company uses the cannabis plants, hemp seeds, which is a variety of the cannabis sativa plant, to produce and create a product for pets. Its portfolio includes medical grade cannabis, alternative medicine, bio pharmaceutical, quality of life, pet specialty, pet supplements, hemp, and wellness. Apart from Canada, the Company operates in Europe and the United States.
Financial Overview
For the nine months ended 31 December 2020, TrueLeaf Brands Inc revenues was not reported. Net loss beforeextraordinary items increased 16% to C$4.7M. Higher netloss reflects Gain (loss) on disposal increase from C$0K toC$1.6M (expense), Interest Exp-Net of Capitalized Interestincrease from C$168K to C$595K (expense),Selling/General/Admin. Expense increase of 100% to C$760K(expense).
Reporting Currency: Canadian Dollars
Enterprise value: $12.99M as of Dec 31, 2020
Annual revenue (TTM): $0.00M as of Dec 31, 2020
EBITDA (TTM): -$4.26M as of Dec 31, 2020
Net annual income (TTM): -$13.79M as of Dec 31, 2020
Free cash flow (TTM): -$0.90M as of Dec 31, 2020
Net Debt Last Fiscal Year: $4.57M as of Dec 31, 2020
Shares outstanding: 28,791,472 as of Dec 31, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization