Buying Opportunity • Sep 23
Now 44% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be CA$0.045, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 171% over the last 3 years. Earnings per share has grown by 80%. New Risk • Sep 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Negative equity (-CA$1.8m). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.05m market cap, or US$779.4k). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). New Risk • Sep 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Negative equity (-CA$1.8m). Revenue is less than US$1m. Market cap is less than US$10m (CA$878.5k market cap, or US$645.9k). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Buying Opportunity • Jul 27
Now 33% undervalued after recent price drop Over the last 90 days, the stock is down 38%. The fair value is estimated to be CA$0.037, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 171% over the last 3 years. Earnings per share has grown by 80%. Buying Opportunity • Jun 16
Now 41% undervalued after recent price drop Over the last 90 days, the stock is down 40%. The fair value is estimated to be CA$0.051, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 171% over the last 3 years. Earnings per share has grown by 80%. Buying Opportunity • May 27
Now 33% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be CA$0.037, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 171% over the last 3 years. Earnings per share has grown by 80%. Board Change • May 25
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Chairman of the Board Mike Harcourt was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • May 06
Now 20% undervalued Over the last 90 days, the stock is up 75%. The fair value is estimated to be CA$0.044, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 171% over the last 3 years. Earnings per share has grown by 80%. Buying Opportunity • Apr 17
Now 37% undervalued Over the last 90 days, the stock is up 100%. The fair value is estimated to be CA$0.047, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 171% over the last 3 years. Earnings per share has grown by 80%. Buying Opportunity • Mar 23
Now 30% undervalued Over the last 90 days, the stock is up 100%. The fair value is estimated to be CA$0.057, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 171% over the last 3 years. Earnings per share has grown by 80%. Buying Opportunity • Mar 08
Now 47% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be CA$0.047, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 170% over the last 3 years. Earnings per share has grown by 80%. Annonce • Nov 22
Maven Brands Inc., Annual General Meeting, Jan 31, 2023 Maven Brands Inc., Annual General Meeting, Jan 31, 2023. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Chairman of the Board Mike Harcourt was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Jul 24
Maven Brands Inc., Annual General Meeting, Sep 29, 2022 Maven Brands Inc., Annual General Meeting, Sep 29, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Chairman of the Board Mike Harcourt was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • May 11
True Leaf Brands Inc. announced that it expects to receive CAD 10 million in funding True Leaf Brands Inc. (CNSX:MJ) announced a non-brokered private placement of a maximum of 25,000,000 units at a price of CAD 0.40 per unit for gross proceeds of CAD 10,000,000 on May 10, 2021. A portion of the gross proceeds will be raised through a crowdfunding platform. The transaction will include participation from certain directors and officers of the company. Each unit will consist of one common share and one-half of one common share purchase warrant of the company. Each warrant shall be exercisable for one common share at an exercise price of CAD 0.60 per share for a period of 24 months from the closing date. The warrants are subject to accelerated expiry in the event the closing price of the common shares of the company on the Canadian Securities Exchange is CAD 0.90 or more for a period of ten consecutive trading days on or after the date which is four months and one day from the date of issuance. The company may pay finders’ fees to eligible parties. All securities to be issued in connection with the transaction will be subject to statutory restrictions on resale for a period of four months and one day from the date of issuance. The transaction may close in one or more tranches on or before June 30, 2021, and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals of the Canadian Securities Exchange. Annonce • Mar 03
True Leaf Brands Inc. announced that it has received CAD 1.534477 million in funding On March 1, 2021, True Leaf Brands Inc. (CNSX:MJ) closed the transaction. The company issued 4,262,436 common shares for the gross proceeds of CAD 1,534,476.96. The transaction included participation from Darcy Bomford, Chief Executive Officer and director of the company for 555,556 common shares, Jennifer Pace, the Chief Financial Officer and Director of the company for 180,000 common shares. The company paid finder's fees of CAD 104,899.98 in the transaction. Recent Insider Transactions • Feb 19
Founder & Director recently sold CA$234k worth of stock On the 17th of February, Darcy Bomford sold around 339k shares on-market at roughly CA$0.69 per share. This was the largest sale by an insider in the last 3 months. This was Darcy's only on-market trade for the last 12 months. Annonce • Jan 08
True Leaf Brands Inc. announced that it expects to receive CAD 1 million in funding True Leaf Brands Inc. (CNSX:MJ) announced a non-brokered private placement of a minimum of 416,667 common shares up to a maximum of 2,777,778 common shares at a price of CAD 0.36 per share for minimum gross proceeds of CAD 150,000.12 and maximum gross proceeds of CAD 1,000,000.08. The transaction may close in one or more tranches on or before January 31, 2021. The company may pay finder's fees in connection with this placement of up to 10% of the gross proceeds raised by eligible finders in cash or common shares. All of the securities issued pursuant to this transaction will be subject to a four month hold period. The completion of the transaction is subject to receipt of all required Canadian Stock Exchange, regulatory and other approvals.