WSLFF - Westleaf Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
0.3075
+0.0317 (+11.49%)
At close: 3:29PM EDT
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Previous Close0.2758
Open0.3110
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.2890 - 0.3293
52 Week Range0.1949 - 5.0000
Volume145,579
Avg. Volume52,244
Market Cap44.338M
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-0.1740
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • Westleaf Receives Health Canada Standard Processing Licence
    CNW Group

    Westleaf Receives Health Canada Standard Processing Licence

    CALGARY, Oct. 15, 2019 /CNW/ - Westleaf Inc. (the "Company" or "Westleaf") (TSX-V:WL.V - News) (OTCQB:WSLFF - News) is pleased to announce its large scale cannabis extraction, processing and product formulation facility, The Plant by Westleaf Labs, received a standard processing licence from Health Canada (the "Standard Processing Licence") and is ready to start operations immediately. The Standard Processing Licence will allow Westleaf to process bulk cannabis to create and sell derivative products through a variety of commercial arrangements. "This is a major catalyst for Westleaf to generate material revenue through the sale of derivative cannabis products and by offering contract manufacturing services," said Scott Hurd, President and CEO of Westleaf.

  • CNW Group

    Westleaf Receives Additional $5.7 Million of Capital from ATB Financial

    CALGARY, Oct. 2, 2019 /CNW/ - Westleaf Inc. (the "Company" or "Westleaf") (TSX-V:WL.V - News) (OTCQB:WSLFF - News), is pleased to announce that it has signed amendment agreements to two of its existing credit facility commitment letters with ATB Financial ("ATB") resulting in an additional $5.7 million of capital available for use by the Company. Westleaf has increased its term loan on The Plant, its fully completed extraction, manufacturing and product formulation facility, by $2.7 million and has secured a $1.0 million revolving credit facility to assist with working capital provided that any draw downs in relation thereto can only be made after final receipt of a standard processing license for The Plant from Health Canada.

  • Westleaf Issues Common Shares to Xabis
    CNW Group

    Westleaf Issues Common Shares to Xabis

    CALGARY, Sept. 17, 2019 /CNW/ - Westleaf Inc. (the "Company" or "Westleaf") (TSX-V:WL.V - News) (OTCQB:WSLFF - News) is pleased to announce that pursuant to a Consulting and Extraction Services Agreement between a subsidiary of Xabis Inc. ("Xabis") and Westleaf Labs LP, a wholly owned subsidiary of the Company (the "Agreement"), the Company has issued 909,090 common shares ("Common Shares") in the capital of the Company to Xabis at a deemed price of $0.44 per share (the "Tranche 1 Shares"). The issuance of the Tranche 1 Shares is the first of three tranches of Common Shares to be issued to Xabis pursuant to the Agreement.

  • Prairie Records Tops the Charts: Named Top Cannabis Retailer in Canada at Grow UP
    CNW Group

    Prairie Records Tops the Charts: Named Top Cannabis Retailer in Canada at Grow UP

    CALGARY, Sept. 13, 2019 /CNW/ - Westleaf Inc. (the "Company" or "Westleaf") (TSX-V:WL.V - News) (OTCQB:WSLFF - News) is proud to announce its Prairie Records retail stores have been named top cannabis retailer in Canada at the GrowUP Conference & Expo. Singing a different tune in cannabis retail, the award win is a testament to how Prairie Records is offering Canadian's a truly unprecedented purchasing experience. "It is extremely gratifying to have Prairie Records be recognized at one of the industry's largest events and to be able to stand out amongst a field of very worthy retail competitors," says Adam Coates, Chief Commercial Officer at Westleaf and Retail Brand Strategist for Prairie Records.

  • Spinning a new, interactive cannabis retail mix: Prairie Records commemorates first Calgary store launch on September 14th
    CNW Group

    Spinning a new, interactive cannabis retail mix: Prairie Records commemorates first Calgary store launch on September 14th

    CALGARY, Sept. 11, 2019 /CNW/ - Westleaf Inc. (the "Company" or "Westleaf") (TSX-V:WL.V - News) (OTCQB:WSLFF - News) is pleased to announce the opening of its first Alberta retail location. Calgary residents who are 18+ now have the chance to experience a new spin on cannabis retail through an immersive and inclusive in-store environment with the grand opening of Prairie Records' first Calgary location on Saturday, September 14th.

  • Westleaf Inc. Announces Second Quarter 2019 Results and Update on Positioning for Cannabis 2.0
    CNW Group

    Westleaf Inc. Announces Second Quarter 2019 Results and Update on Positioning for Cannabis 2.0

    CALGARY, Aug. 29, 2019 /CNW/ - Westleaf Inc. (the "Company" or "Westleaf") (TSX-V:WL.V - News) (OTCQB:WSLFF - News), released today its second quarter financial results for the fiscal year 2019, ending June 30, 2019 and provided an update on operations.

  • CNW Group

    Westleaf Receives License for Alberta Prairie Records Cannabis Store in Calgary

    CALGARY, Aug. 7, 2019 /CNW/ - Westleaf Inc. (the "Company" or "Westleaf") (TSX-V:WL.V - News) (OTCQB:WSLFF - News), is pleased to announce that its subsidiary, Westleaf Retail Inc. has been granted a license by Alberta Gaming, Liquor and Cannabis (AGLC) for its first Prairie Records branded retail cannabis store in Alberta. The store located at 4420 17th Avenue SE, also known as International Avenue, is in the middle of one of the busiest commercial strips in Calgary.

  • Westleaf Signs One Year $4 Million White-Label Cannabis Derivative Product Sale Agreement with an Option to Increase to $16 Million
    CNW Group

    Westleaf Signs One Year $4 Million White-Label Cannabis Derivative Product Sale Agreement with an Option to Increase to $16 Million

    CALGARY, July 24, 2019 /CNW/ - Westleaf Inc. (the "Company" or "Westleaf") (TSX-V:WL.V - News) (OTCQB:WSLFF - News), is pleased to announce that its subsidiary, Westleaf Labs LP, has entered into a white labeling agreement with Delta 9 (TSXV:NINE.V - News)(OTCQX:VRNDF - News) to supply approximately $4 million of cannabis derivative products from its large-scale extraction and manufacturing facility located in Calgary, known as The Plant. Under the terms of the agreement, the contract will begin on October 1, subject to receipt of final license approval from Health Canada, and will carry an initial term of one year, whereby Delta 9 will be required to purchase a minimum of ~$4 million of various white labelled derivative products (such products are expected to include a mix of vape pens, gel caps, tincture oil, and edibles) with an option to increase such amount up to $16 million per year.

  • Delta 9 Signs One-Year White Label Cannabis Derivative Manufacturing Agreement with Westleaf
    CNW Group

    Delta 9 Signs One-Year White Label Cannabis Derivative Manufacturing Agreement with Westleaf

    WINNIPEG, July 24, 2019 /CNW/ - DELTA 9 CANNABIS INC. (TSXV:DN) (OTCQX:VRNDF - News) ("Delta 9" or the "Company") is pleased to announce that its subsidiary, Delta 9 Bio-Tech Inc., has entered into a one-year white labeling agreement with Westleaf Inc.("Westleaf") (TSX-V:WL.V - News) (OTCQB:WSLFF - News) to supply approximately $4 million of cannabis derivative products from Westleaf's large-scale extraction and manufacturing facility located in Calgary, known as The Plant. Under the terms of the agreement, the deliveries of cannabis derivative products will begin on October 1, 2019 subject to receipt of final license approval from Health Canada for The Plant, and will continue an initial term of one year. During this initial year, Delta 9 will be required to purchase a minimum of approximately $4 million of various white labeled cannabis derivative products (subject to regulation, such products are expected to include a mix of vape pens, gel caps, tincture oil, and edibles) with an option to increase such amount up to $16 million per year.

  • Westleaf Announces Appointment of New Board Director
    CNW Group

    Westleaf Announces Appointment of New Board Director

    CALGARY, July 4, 2019 /CNW/ - Westleaf Inc. (TSX-V:WL.V - News)(OTCQB:WSLFF - News) ("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.

  • Westleaf positions itself for the next wave of cannabis derivative products with the completion of construction of its large-scale extraction, processing and product formulation facility, The Plant
    CNW Group

    Westleaf positions itself for the next wave of cannabis derivative products with the completion of construction of its large-scale extraction, processing and product formulation facility, The Plant

    CALGARY, July 3, 2019 /CNW/ - Westleaf Inc. (TSX-V:WL.V - News) (OTCQB:WSLFF - News) ("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.

  • ACCESSWIRE

    Marijuana Investor Magazine June/July 2019 Issue Now Available

    ATLANTA, GA / ACCESSWIRE / June 24, 2019 / CannaInvestor Magazine, the leading industry investment magazine for cannabis investors, analysts, executives, entrepreneurs, and financial media, announced today ...

  • Westleaf's Prairie Records Announces Same Day Delivery Service
    CNW Group

    Westleaf's Prairie Records Announces Same Day Delivery Service

    CALGARY, June 21, 2019 /CNW/ - Westleaf Inc. (TSX-V:WL.V - News)(OTCQB:WSLFF - News) ("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.

  • Westleaf Inc. Announces Graduation to Tier 1 on the TSX Venture Exchange
    CNW Group

    Westleaf Inc. Announces Graduation to Tier 1 on the TSX Venture Exchange

    CALGARY, June 11, 2019 /CNW/ - Westleaf Inc. (TSX-V:WL.V - News) (OTCQB:WSLFF - News),  ("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.

  • Newsfile

    Westleaf's Exclusive Partnership with Xabis: Prepared for the Next Phase of the Cannabis Industry -- CFN Media

    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 ...

  • Westleaf Closes Exclusive Partnership with an Industry Leader in Cannabis Derivative Product Manufacturing and Formulation
    CNW Group

    Westleaf Closes Exclusive Partnership with an Industry Leader in Cannabis Derivative Product Manufacturing and Formulation

    CALGARY, June 4, 2019 /CNW/ - Westleaf Inc. (the "Company" or "Westleaf") (TSX-V:WL.V - News) (OTCQB:WSLFF - News), 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.

  • Westleaf Announces New Board Director
    CNW Group

    Westleaf Announces New Board Director

    CALGARY, May 30, 2019 /CNW/ - Westleaf Inc. (TSX-V:WL.V - News)(OTCQB:WSLFF - News) ("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.

  • Westleaf Selected for Manitoba Cannabis Store Licence
    CNW Group

    Westleaf Selected for Manitoba Cannabis Store Licence

    CALGARY, May 21, 2019 /CNW/ - Westleaf Inc. (the "Company" or "Westleaf") (TSX-V:WL.V - News) (OTCQB:WSLFF - News) 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.

  • Westleaf Inc. Announces Closing of Convertible Debenture Unit Financing and Provides Corporate Update
    CNW Group

    Westleaf Inc. Announces Closing of Convertible Debenture Unit Financing and Provides Corporate Update

    CALGARY, May 10, 2019 /CNW/ - Westleaf Inc. (the "Company" or "Westleaf") (TSX-V:WL.V - News)(OTCQB:WSLFF - News) 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.

  • Westleaf Announces That Its Executive Officers and Directors Have Committed to Not Sell or Trade Their Westleaf Shares
    CNW Group

    Westleaf Announces That Its Executive Officers and Directors Have Committed to Not Sell or Trade Their Westleaf Shares

    CALGARY, April 30, 2019 /CNW/ - Westleaf Inc. (TSX-V:WL.V - News) (OTCQB:WSLFF - News) ("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.

  • Westleaf Inc. Announces Repricing of Bought Deal Financing
    CNW Group

    Westleaf Inc. Announces Repricing of Bought Deal Financing

    CALGARY, April 30, 2019 /CNW/ - Westleaf Inc. (the "Company" or "Westleaf") (TSX-V:WL.V - News)(OTCQB:WSLFF - News) 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.

  • Westleaf Announces Exercise of Second Option to Purchase Cannabis Store in Saskatoon located on Preston Ave.
    CNW Group

    Westleaf Announces Exercise of Second Option to Purchase Cannabis Store in Saskatoon located on Preston Ave.

    CALGARY, April 18, 2019 /CNW/ - Westleaf Inc. (TSX-V:WL.V - News)(OTCQB:WSLFF - News) ("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.

  • Westleaf Announces Closing of Option to Purchase Cannabis Store located on Broadway in Saskatoon
    CNW Group

    Westleaf Announces Closing of Option to Purchase Cannabis Store located on Broadway in Saskatoon

    CALGARY, April 17, 2019 /CNW/ - Westleaf Inc. (TSX-V:WL.V - News)(OTCQB:WSLFF - News) ("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.

  • CNW Group

    Westleaf Inc. Announces C$12 Million Bought Deal Financing

    CALGARY, April 10, 2019 /CNW/ - Westleaf Inc. (the "Company" or "Westleaf") (TSX-V:WL.V - News)(OTCQB:WSLFF - News) 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").

  • GlobeNewswire

    The Most Prevalent Cannabis E-commerce Platforms in Canada

    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.