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True Leaf Medicine International Ltd. (C:MJ)

Business Focus: Alternative Medicine

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Sector:  Healthcare Industry:  Pharmaceuticals
 
See Regulatory Filings on SEDAR
Company Contact
Address: 100 Kalamalka Lake Rd Unit 32
VERNON BC V1T 9G1
Tel: N/A
Website: https://www.trueleaf.com
IR: See website
Key People
N/A    
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 2018, True Leaf Brands Inc revenues increased 69% to C$1.7M. Net loss increased 65% to C$3.5M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Selling/General/Admin. Expens increase from C$942K to C$2.1M (expense), Selling and marketing increase from C$411K to C$1.4M (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $31.39M as of Dec 31, 2018
Annual revenue (TTM): $2.08M as of Dec 31, 2018
EBITDA (TTM): -$4.75M as of Dec 31, 2018
Net annual income (TTM): -$4.76M as of Dec 31, 2018
Free cash flow (TTM): -$12.78M as of Dec 31, 2018
Net Debt Last Fiscal Year: N/A
Shares outstanding: 99,297,099 as of Apr 24, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization