|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.3000 - 0.3490|
|52 Week Range||0.3000 - 5.0000|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
CALGARY , June 11, 2019 /CNW/ - Westleaf Inc. (WL.V) (WSLFF), ("Westleaf"), is pleased to announce that it has been approved for graduation from Tier 2 to Tier 1 issuer status on the TSX Venture Exchange (the "TSXV"). "Graduating to a Tier 1 listing on the TSXV reflects the ongoing progress of Westleaf as we continue the development of our vertically integrated cannabis company engaged in retail operations, cultivation, production and extraction of cannabis products" said Scott Hurd , Chief Executive Officer of Westleaf. The TSXV classifies issuers into different tiers based on standards including historical financial performance, stage of development and financial resources.
Seattle, Washington--(Newsfile Corp. - June 10, 2019) - CFN Media Group ("CFN Media"), the leading agency and financial media network dedicated to the North American cannabis industry, announces the publication of an article covering a strategic cannabis partnership. As a relatively new market, the cannabis industry in Canada is seeing tremendous growth amongst its leading companies. Westleaf Inc. (TSXV: WL), a cannabis company headquartered in Calgary, Alberta, has firmly established itself as a serious ...
CALGARY , June 4, 2019 /CNW/ - Westleaf Inc. (the "Company" or "Westleaf") (WL.V) (WSLFF), is pleased to announce that its subsidiary, Westleaf Labs LP, has entered into a definitive agreement with a subsidiary of Xabis Inc. ("Xabis"), whereunder Xabis will provide technical expertise to the Company's Calgary -based extraction, processing and manufacturing facility ("The Plant"), which is on schedule to complete construction this month. The agreement will provide Westleaf with exclusive access to Xabis's extraction, processing, manufacturing and product development expertise in the Canadian market. "This partnership is another part of the execution on Westleaf's strategy of becoming a significant vertically integrated player in the Canadian cannabis industry," said Scott Hurd , President and CEO of Westleaf.
CALGARY , May 30, 2019 /CNW/ - Westleaf Inc. (WL.V)(WSLFF) ("Westleaf") is pleased to announce the appointment of John Radostits of Edmonton to the Board of Directors of the Company. Mr. Radostits comes to Westleaf with a distinguished career in retail operations as well as more recent experience in developing cannabis retail in Canada's legalized recreational market. "John's presence at the Board table will increase our senior leadership capacity, particularly around operating large-scale retail operations in multiple locations," said Stephen Mason , Founder and Executive Chairman of Westleaf.
CALGARY , May 21, 2019 /CNW/ - Westleaf Inc. (the "Company" or "Westleaf") (WL.V) (WSLFF) is proud to be one of only seven retail operators selected by the province of Manitoba for new retail cannabis licences. Westleaf has been chosen to open a store in the southern Manitoba border community of Altona . Westleaf has 10 days from the draw date to confirm its interest to the Government of Manitoba and the opening of the store is subject to the province's standard licensing process including completion of due diligence and obtaining all municipal permits and inspections.
CALGARY , May 10, 2019 /CNW/ - Westleaf Inc. (the "Company" or "Westleaf") (WL.V)(WSLFF) is pleased to announce that it has closed its previously announced bought deal financing (the "Offering") of 12,000 convertible debenture units of the Company (the "Units"), by way of short form prospectus, at a price of $1,000 per Unit for aggregate gross proceeds of $12,000,000 .
CALGARY, April 30, 2019 /PRNewswire/ - Westleaf Inc. (WL.V) (WSLFF) ("Westleaf") announces that it has received voluntary commitments from each of its executive officers and directors (the "D&O's") pursuant to which the D&O's have agreed that they will not offer, sell, assign, transfer, contract to sell or otherwise dispose of, or announce the intention to otherwise dispose of, any of their common shares of Westleaf ("Westleaf Shares") or any securities convertible into Westleaf Shares such that all of the Westleaf Shares held either directly or indirectly by D&O's will now be restricted from any trading, unless approved by Westleaf's board of directors, until September 29, 2019. This commitment is in addition to any escrow imposed by the TSX Venture Exchange. "Westleaf's directors and officers remain committed to Westleaf and its growth, and their voluntary commitment to not sell their Westleaf Shares or their securities convertible into Westleaf Shares, as an act of good faith, is expected to send a positive message to our shareholders," stated Scott Hurd, Director, President and CEO.
CALGARY , April 30, 2019 /CNW/ - Westleaf Inc. (the "Company" or "Westleaf") (WL.V)(WSLFF) announces that it has agreed to amend the terms of its previously announced bought deal financing (the "Offering") of convertible debenture units of the Company (the "Units") to lower the conversion price at which the convertible debentures of the Company ("Convertible Debentures") are convertible into common shares of the Company (the "Debenture Shares") from $2.13 per Debenture Share to $1.30 per Debenture Share. The number of warrants per Unit has been revised from 235 common share purchase warrants of the Company (each, a "Warrant") to 385 Warrants.
CALGARY, April 18, 2019 /PRNewswire/ - Westleaf Inc. (WL.V)(WSLFF) ("Westleaf"), is pleased to announce it has exercised its previously announced option (the "Option") to purchase all of the issued and outstanding shares of 102053592 Saskatchewan Ltd. ("592"), which operates a cannabis retail store located at 170-3020 Preston Avenue, Saskatoon. Westleaf has now exercised options to purchase two retail cannabis stores in Saskatoon. Well Defined and Regulated Market: Saskatoon is the 17th largest city in Canada with around 300,000 people in the metropolitan area.
CALGARY , April 17, 2019 /CNW/ - Westleaf Inc. (WL.V)(WSLFF) ("Westleaf"), is pleased to announce it has exercised its previously announced option (the "Option") to purchase all of the issued and outstanding shares of 102053012 Saskatchewan Ltd. ("102"), which operates a cannabis retail store located at 720 Broadway Avenue, Saskatoon . Well Defined and Regulated Market: Saskatoon is the 17th largest city in Canada with around 300,000 people in the metropolitan area. The Saskatchewan Liquor and Gaming Authority (the "SLGA") has approved seven licenses for the Saskatoon market, with Westleaf owning one of such locations upon the anticipated closing of the Option, while having a previously announced option to purchase a second location.
CALGARY , April 10, 2019 /CNW/ - Westleaf Inc. (the "Company" or "Westleaf") (WL.V)(WSLFF) is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Canaccord Genuity Corp. (the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis pursuant to the filing of a short form prospectus, an aggregate of 12,000 convertible debenture units of the Company (the "Units") at a price of $1,000 per Unit for aggregate gross proceeds to the Company of $12,000,000 (the "Offering"). Each Unit shall consist of one 9.5% senior unsecured convertible debenture (each a "Convertible Debenture") of the Company having a principal amount of $1,000 (the "Principal Amount") and 235 common share purchase warrants of the Company (each a "Warrant").
Cannabis e-commerce platforms, both medical and recreational, are becoming increasingly important as Canada's legal marijuana market matures. To get a better understanding of how Canada's online marijuana market is developing, we take a closer look at some of Canada’s most promising medical and recreational cannabis e-commerce platforms.
Investorideas.com, a leading investor news resource covering hemp and cannabis stocks concludes our two part series looking at the Canadian cannabis landscape and the numerous companies ensuring not only a brick and mortar footprint, but also creating a significant online e-commerce presence as well. With the many supply shortages the Canadian cannabis market has faced since legalization last year, having the store’s menus and the capability of reserving products online for pickup just might be the way for Canadian cannabis consumers to beat the low inventory situation. Grab, a new legal cannabis app based in Canada, is set to launch in the Alberta and Ontario markets this April.
Recreational cannabis may have been legalized in Canada on October 17th, 2018 but there is still much to be desired with regards to infrastructure and retail availability. Westleaf Inc. (TSX-V: WL) (OTCQB: WSLFF), set to become one of Western Canada’s largest premium cannabis retailers, is looking to make the most of April.
Cannabis retail has rapidly emerged as one of the most important components of the marijuana value chain. Not only do retail gatekeepers control one of the most intimate parts of the cannabis purchasing experience, but they do so at a premium — making cannabis retail a likely determinant of any marijuana company’s staying power. In this article, we explore some of the leading cannabis retail brands in Canada.
CALGARY , April 1, 2019 /CNW/ - Westleaf Inc. (WL.V)(WSLFF) ("Westleaf"), is pleased to announce it has launched its e-commerce site for sales across the entire province of Saskatchewan . The retail site at www.prairierecords.ca, provides consumers in the province convenient online access to a wide variety of products through the unique Prairie Records retail concept, which combines music and cannabis in an engaging online experience. "The launch of online retail is an important next step in rolling out the Prairie Records brand across Saskatchewan and the rest of Western Canada over the coming months," said Scott Hurd , President and CEO of Westleaf.
Although often overshadowed by the importance of marijuana retail and branding, cannabis extraction is a vital component of any vertically integrated cannabis company. Not only do in-house extraction operations allow cannabis companies to avoid outsourcing costs, but it also enables the potential for additional revenue streams and more rapid product ideation. With cannabis edibles, extracts, and topicals expected to be legal in the Canadian market later this year, we examine some of the marijuana industry’s largest cannabis extractors.
CALGARY, March 22, 2019 /PRNewswire/ - Westleaf Inc. (WL.V) (WSLFF) ("Westleaf"), is pleased to announce it has been included on the Horizons Marijuana Life Sciences ETF ("HMMJ") ("TSX:HMMJ"). HMMJ is an index (or passively managed) ETF, which seeks to replicate, to the extent possible, the performance of the North American Marijuana Index, net of expenses. This index is designed to provide exposure to the performance of a basket of North American publicly listed life sciences companies with significant business activities in the cannabis industry.
CALGARY , March 21, 2019 /CNW/ - Westleaf Inc. (WL.V) ("Westleaf"), is pleased to announce it plans to open two Prairie Records stores in Saskatoon by April 20 , in celebration of the day that was synonymous with cannabis legalization activities. Under a license agreement, the two stores are being built out under the Prairie Records brand by the current license holders. Westleaf holds an option to purchase both locations, which it plans to exercise once the Saskatchewan Liquor and Gaming Agency (SLGA) approves the purchase and transfer.