BC’s First Craft Cannabis Hub Open to All Investors
June 4th, 2021
App, Exclusive, News, Top Story
British Columbia may be well-known for its legendary cannabis strains and connoisseur-level products, but licensed small-batch producers -known as ‘micro-cultivators’, have struggled to reach the same scale as licensed producers in the legal market. Many lack the resources to remain in compliance, and they are seeking service providers for quality assurance skills, packaging, pricing and distribution capabilities.
True Leaf Brands Inc. (CSE: MJ) (OTC: TRLFF) provides investors with an opportunity to support the B.C. craft cannabis micro-cultivation community through a private placement and equity crowdfunding campaign.
A Craft Cannabis Revolution
True Leaf Brands aims to provide a bridge for legendary, small batch ‘BC Bud’ by supporting micro-cultivators and their path to the regulated market. With a 40-acre site zoned for cannabis production and a 19,500 sq. ft. hub facility built to EU-GMP standards, the company aims to help micro-cultivators reach their full potential in the legal market.
The company began in-house production of craft cannabis at its facility with plans to harvest its first crop this summer. Over the coming quarters, the company plans to subdivide its property to house B.C. craft cannabis growers and provide them with the ancillary support services to help them scale premium products into the legal market.
The company plans to focus on small-batch, hand-trimmed and slow-cured craft cannabis that retails in the regulated market from l $35 to $60 per 3.5-gram (⅛ oz) unit, through its agreement with Velvet Management. With more than 40 sales representatives, 1,800 retail stores and access to every provincial cannabis distribution board nationwide, the company is well-positioned to unlock value.
Improving the Investor Journey
True Leaf Brands is launching an equity crowdfunding campaign to provide individual investors with the same access as high net worth accredited investors. The rare opportunity means that anyone can invest on the same terms as private placements that are typically reserved for wealthy elite investors.
The company is also launching a ‘Craft Talks’ webinar series that aims to help educate investors with regards to the crowdfunding campaign. Every Wednesday, investors have an opportunity to join the call to learn about the company and ask questions directly to the team, providing unprecedented access to executives and operations teams.
On Monday, investors will also have an opportunity to join a special call with Mike Harcourt at 11:00 a.m. PST, Chairman of the Board, who has a long history in British Columbia. He’s the former premier of the province and a former mayor of Vancouver. Investors will also have an opportunity to engage with the people who lead the team at True Leaf Brands.
The company plans to raise up to C$10 million through the equity crowdfunding campaign by selling C$0.40 units that consist of one common share and a one-half share purchase warrant that’s exercisable at C$0.60 per share for a 24-month period following the closing date. Purchasers can use the warrant to acquire additional stock at a C$0.60 price.
True Leaf Brands Inc. (CSE: MJ) (OTC: TRLFF) aims to help legendary B.C. Bud craft growers reach the legal markets via its 40-acre cannabis campus in British Columbia. Investors that believe in the company’s mission have a unique opportunity to participate in the story through its unique equity crowdfunding program and private placement.
This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.
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CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media Group, the premier agency and financial media network reaching executives, entrepreneurs and consumers worldwide. Through its proprietary content creation, video library, and distribution via www.CannabisFN.com, CFN has built an extensive database of cannabis interest, assisting many of the world’s largest cannabis firms and CBD brands to build awareness and thrive. For more information, please visit www.cfnenterprisesinc.com.
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