True Leaf just started to take root (to grow big thereafter)
ZURICH, SWITZERLAND / ACCESSWIRE / July 25, 2016 / Today, Stephan Bogner from Rockstone Research published an update on True Leaf Medicine International Ltd. (CSE: MJ). The Chairman of True Leaf Medicine International Ltd., Michael Harcourt, today has sent a letter to all stakeholders bringing up to date on the company’s remarkable achievements over the last 12 months. Since True Leaf went public in February 2015, Harcourt is serving as Chairman, before he was Vancouver’s former Mayor and former Premier of British Columbia.
After a successful market launch recently in Canada, USA and Europe, True Leaf’s hemp-fused dog chews are well received by the market. Chris Parry took his hat off already in May and Rockstone also strongly believes that the company is well on track to become a serious contender in the pet foods industry in North America and Europe, possibly Asia soon as well.
The company appears to be well ahead of the competition as its products take root in each market, a result of being the ‘first mover’ in a huge potential market. Bearing in mind that True Leaf recently just started to sell its products, readers should not expect mammoth revenues to be reported initially. Sales should start to increase significantly as their store penetration increases within their distribution reach and line extensions increase their order book.
The full report can be accessed with the following links:
English (PDF):
http://rockstone-research.com/images/PDF/TrueLeaf17en.pdf
English (Webversion):
German (PDF):
http://rockstone-research.com/images/PDF/TrueLeaf17de.pdf
Disclaimer: Please read
the full disclaimer within the full research report as a PDF as fundamental
risks and conflicts of interest exist.
SOURCE: Rockstone Research
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