True Hemp available soon in Germany and Austria with latest distribution and sales agreement

ZURICH, SWITZERLAND / ACCESSWIRE / December 20, 2016 / Today, True Leaf Medicine International Ltd. (CNSX: MJ) has announced the completion of an agreement with Germany-based company Pro Pet Koller, a leading supplier of premier pet food, to distribute and sell True Leaf Pet products in stores across Germany and Austria.

Pro Pet Koller will start distributing the True Hemp product line in stores, building the number month by month. The company supplies a total of 1,700 stores directly and through its wholesale network. Pro Pet is a family-run business founded in 1993 by Werner Koller, who was joined in 2016 by his oldest son Michael who commented in today’s news release:
“True Hemp is a truly innovative treat that we can offer to our customers in Germany and Austria. This range of hemp-based treats for dogs meets the real needs of the consumer and will help our retail customers be a force in the burgeoning market for functional treats.
Hemp brings real benefits for pets and we are excited by the opportunity.”

True Leaf CEO Darcy Bomford said today: “Pro Pet represents an important step in
the building of our distributor network in Europe. We now have good coverage of
two of the biggest markets in Europe with Pet’s Corner in the United Kingdom
and now Pro Pet in Germany.”

In late August, True Leaf announced a significant purchase order from Pets Corner, the second largest pet store chain in the UK, which will sell the True Hemp product line in all of its 174 stores. With almost 10 times as many stores in Germany and Austria, alone today’s distribution deal promises that 2017 will see a continuation of the rapid pace of growth in the True Leaf business that began in 2016. Additional distribution agreements for the European markets may follow in early 2017, including online shops.

Over the last months, True Leaf has build a solid distribution base on 2 continents and will now focus on its access to over 10,000 stores, growing sales volumes month by month and also with new products to be added in 2017.

The full report can be accessed with the following links:

English (PDF):

http://rockstone-research.com/images/PDF/TrueLeaf20en.pdf

English (Webversion):

http://rockstone-research.com/index.php/en/research-reports/2227-True-Hemp-available-soon-in-Germany-and-Austria-with-latest-distribution-and-sales-agreement

German (PDF):

http://rockstone-research.com/images/PDF/TrueLeaf20de.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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