Company Overview

Company name: Seven Leaf Ventures
Description: Provider of investment services in cannabis sector.
Year founded: 2018
Parent company: Stem Holdings
Industry: Financial Services | Group: | Code:
Website: www.7lv.co
Employees:
City: Calgary
State: Alberta
Country: Canada
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Financial Highlights

Start up capital raised (USD Million):
Business status: Generating Revenue
Ownership: Acquired/Merged (Operating Subsidiary)
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Net income (USD Million)
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Financing Status: The company was acquired by Stem Holdings (PINX: STMH) for an undisclosed amount on March 6, 2020. The acquisition of the company further solidifies Stem Holdings’ growth strategy by expanding operations in the largest United States cannabis markets. In connection with the Acquisition, Stem issued 11,999,008 shares of common stock of Stem to former shareholders of 7LV. Stem issued an aggregate 682,000 Stem Shares and replacement 10% unsecured convertible debentures of Stem in the aggregate principal amount of CAD 3,410,000, convertible into Stem Shares at a conversion price of CAD 1.67 per Stem Share at any time prior to May 3, 2021, to former holders of unsecured convertible debentures of 7LV.
Number of active investors:
Profile last updated: 11-Mar-2020
Last known valuation:
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