viewTrue Leaf Brands Inc

True Leaf Brands expands hemp-based offerings for pets further into the European market

The Canadian company has secured distribution agreements with OSCAR Pet Foods in the UK and with Pocurull in Spain and Portugal

OSCAR Pet Foods’ home-delivery service reaches 30,000 pet owners in the UK

True Leaf Brands Inc (CSE:MJ)(OTCQX:TRLFF) (FSE:TLA), a producer of CBD and hemp-based products for pets, announced Wednesday it is expanding further into the European market.

The company, based in Vernon, British Columbia, said it has secured distribution agreements with OSCAR Pet Foods in the UK and with Pocurull in Spain and Portugal.

True Leaf’s hemp-based products for dogs and cats will be distributed via OSCAR Pet Foods’ home-delivery service to 30,000 pet owners across the UK and will available in 1,000 retail stores in Spain and Portugal as part of an exclusive distribution agreement with organic pet-food producer Pocurull.

READ: True Leaf signs first CBD supply agreement ahead of summer debut of CBD pet products

“True Leaf is leading the way in introducing European pet owners to the benefits of legal and safe hemp pet solutions,” said CEO Darcy Bomford. “European expansion is a major growth opportunity for us and we are pleased to be partnering with established companies in the EU who share the same stringent standards for delivering superior pet products.”

Bomford also said OSCAR and Pocurull are natural additions to True Leaf’s growing retail distribution network in Europe, which includes Arcaplanet, a leading pet-retail chain in Italy, Pets Corner in the UK and Das Futterhaus in Germany.

True Leaf Pet, a division of True Leaf Brands, has pioneered a line of hemp-based chews, supplement oils, and dental sticks for dogs designed to reduce joint pain, boost immunity and alleviate anxiety. In Europe, the company also offers a line of hemp-based treats specially formulated to address issues unique to cats, including anti-hairball and urinary tract support.

The vast majority of CBD, or cannabidiol, is extracted from hemp, which is a cannabis plant that has trace amounts of THC (0.3% or less when dried). THC, or tetrahydrocannabinol, is the psychoactive compound that gets people “high.”

--UPDATED to distinguish hemp-based products from CBD products--

Contact the author: [email protected]

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Quick facts: True Leaf Brands Inc

Price: 0.2 CAD

Market: CSE
Market Cap: $19.97 m

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