20:39:30 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



True Leaf Brands Inc
Symbol MJ
Shares Issued 99,297,099
Close 2019-06-11 C$ 0.49
Market Cap C$ 48,655,579
Recent Sedar Documents

True Leaf to sell products in Asia

2019-06-12 07:26 ET - News Release

Mr. Darcy Bomford reports

TRUE LEAF ANNOUNCES FIRST DISTRIBUTION AGREEMENT IN ASIA WITH EAGLE VET

On May 23, 2019, True Leaf Brands Inc. signed a non-binding memorandum of understanding (MOU) with international pet care distributor Eagle Vet, launching True Leaf's expansion into the Asian market.

Eagle Vet distributes pet health care products to more than 20 countries in southeast Asia, Africa and the Middle East. Under the terms of the agreement, Eagle Vet will initially introduce True Leaf products to the expanding Korean pet care market, which is estimated to grow to $4.8-billion (U.S.) by 2020 (Statista). Eagle Vet distributes to 5,000 retail stores and veterinary clinics in Korea, and to Coupang and Interpark, two of Korea's largest e-commerce sites.

"We are excited to announce this agreement with Eagle Vet," said Darcy Bomford, founder and chief executive officer of True Leaf. "Today's announcement speaks to the level of trust True Leaf has built in the global marketplace and the international recognition we've achieved as a leading hemp-for-pets brand."

True Leaf products use an innovative formula of active ingredients -- anchored by hemp -- to target specific pet health challenges such as calming support, hip and joint function, and the supplementation of omega-3s. The company's advanced formulas were developed by a team of pet industry veterans with over 200 years of collective expertise in making supplements for pets and are currently available at more than 3,500 retail stores worldwide.

True Leaf products are also available on-line at the company's website.

About True Leaf Brands Inc.

True Leaf is a leading global cannabis and hemp wellness brand for pets.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.