10:10:37 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



True Leaf Brands Inc
Symbol MJ
Shares Issued 100,112,099
Close 2019-08-19 C$ 0.23
Market Cap C$ 23,025,783
Recent Sedar Documents

True Leaf submits campus site evidence package to HC

2019-08-19 08:25 ET - News Release

Mr. Kevin Bottomley reports

TRUE LEAF SUBMITS SITE EVIDENCE PACKAGE TO HEALTH CANADA FOR TRUE LEAF CAMPUS

True Leaf Cannabis Inc., a subsidiary of True Leaf Brands Inc., has submitted its site evidence package to Health Canada for True Leaf campus, the company's cannabis cultivation and production facility in Lumby, B.C. The site evidence package submission is the final step required to obtain a licence to cultivate cannabis at True Leaf campus.

Earlier this year, True Leaf completed construction on the current phase of True Leaf campus. The completed phase includes a two-storey, 18,000-square-foot central hub for the initial grow area and future laboratory services, whole-plant extraction, and packaging of therapeutic cannabis products. The facility sits on a 40-acre site of industrial zoned land in the heart of Lumby, wholly owned by True Leaf.

The site evidence package demonstrates to Health Canada the True Leaf campus facility is fully compliant and ready to operate. Based on a site review and first-hand feedback from industry consultants regarding the approval process, the company expects to receive its cultivation licence for True Leaf campus in the fourth quarter of 2019.

"This site evidence package is a significant milestone for True Leaf towards becoming a licensed producer of cannabis," said Darcy Bomford, founder and chief executive officer of True Leaf. "Our team has spent the last few months ensuring this state-of-the-art, purpose-built facility complies with good manufacturing practice (GMP) standards. Completing this final step puts True Leaf in an ideal position to benefit from the highly anticipated edibles regulations coming to Canada this October."

The company has received full municipal support from the Lumby community and expects the facility to be an ideal processing, packaging and sales location to meet the needs of the burgeoning Canadian cannabis industry.

About True Leaf Brands Inc.

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

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