|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.3500 - 0.4268|
|52 Week Range||0.2990 - 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, July 4, 2019 /PRNewswire/ - Westleaf Inc. (WL.V)(WSLFF) ("Westleaf" or the "Company") is pleased to announce the appointment of Cody Church to the Board of Directors of the Company. Mr. Church joins Westleaf after a successful career in finance in New York and Calgary. Most recently, Mr. Church was the co-founder and senior managing director of TriWest Capital Partners, one of the largest general buyout funds in Western Canada and one of the leading private equity groups in the country.
CALGARY, July 3, 2019 /PRNewswire/ - Westleaf Inc. (WL.V) (WSLFF) ("Westleaf" or the "Company") is pleased to announce the completion of construction on its wholly owned cannabis extraction, processing and product formulation facility, The Plant by Westleaf Labs, which will have throughput capacity of up to 65,000 kilograms per annum in Phase I. The facility is now entering the final stages of the Health Canada licensing process. The Company expects to receive a Standard Processing license for The Plant as early as Q3 2019 and anticipates that production at the facility would commence shortly thereafter. This marks a major operational milestone for Westleaf and, once licensed, will allow the Company to produce its own branded cannabis products, as well as provide contract manufacturing and white-label opportunities to other cannabis companies.
ATLANTA, GA / ACCESSWIRE / June 24, 2019 / CannaInvestor Magazine, the leading industry investment magazine for cannabis investors, analysts, executives, entrepreneurs, and financial media, announced today ...
CALGARY, June 21, 2019 /PRNewswire/ - Westleaf Inc. (WL.V)(WSLFF) ("Westleaf"), is pleased to announce it is now offering same-day delivery service for customers in the greater Saskatoon region who purchase cannabis products from Prairierecords.ca. "Adding another customer-centric feature is all part of enhancing the Prairie Records brand among our customers and making it that much easier to purchase our premium products," noted Adam Coates, Chief Commercial Officer, Westleaf Inc. Prairierecords.ca is the online e-commerce outlet of Prairie Records, a distinctive cannabis retail concept with three stores operating in the Saskatoon region.
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 /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 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.