LAS VEGAS, NV--(NewMediaWire - Aug 1, 2017) - Freedom Leaf,
Inc. The Marijuana Legalization Company (OTCQB: FRLF) CEO,
Clifford J Perry, tells its story.
Dear Fellow Shareholders:
Before we bring you up to date on important business
developments, I think it would be appropriate to remind everyone
about what we think makes Freedom Leaf Inc different from other
companies in the booming Cannabis and Hemp Industry.
First, our founders, executive team and advisory board have more
than two centuries of combined dedication to the marijuana
legalization movement. Go
to http://www.freedomleafinc.com/Team for biographies of
the executives and other staff members.
Second, starting with the creation of Freedom Leaf Magazine we
have been supporting activists around the country. Hundreds of
Thousands of copies of Freedom Leaf Magazine are circulated through
our nonprofit partners NORML, Women Grow and SSDP as well as
marijuana dispensaries, collectives and other Canna friendly
individuals and businesses.
Freedom Leaf and many of our team members were here way before
the "Green Rush" and we are committed for the duration, until the
end of prohibition and the victory of marijuana legalization is
reached. That is also one reason that we refuse to panic when
prohibitionists threaten to turn back the clock and attack the
movement and the industry. We are not going to be intimidated. We
have seen it all before and we believe the Cannabis Community and
Patients have earned its success and will continue to move
forward.
Here in the United States we have decided to refrain from
cultivation or dispensing the plant at this time but to support
others in the Cannabis and Hemp Industry. We are currently
entering into projects that are ancillary to the Cannabis and Hemp
Industry until it becomes legal nationwide, such as
most CBD (Cannabidiol) and Hemp products
have.
Here are some basics about Freedom Leaf Inc. (go to our
background page for this press release which is on our Freedom
Leaf Story Continued for more detailed information on all
topics below)
1. The magazine and our www.FreedomLeaf.com website
were our first business initiatives published in October 2014 after
the reverse merger. The magazine was chosen as the first
initiative to accomplish:
- A good quality magazine rather than concentrating on stoner
type content like "bongs and thongs" about the Cannabis and Hemp
Community to give activists the ability to give the magazine to
non-consumers so as to let them realize Cannabis consumers are all
part of the mainstream.
Our goal was also to create credibility for Freedom Leaf in the
Cannabis and Hemp Community so as to draw the attention of
individuals and companies in the Industry who are desirous of
guidance to expand or to be acquired by a knowledgeable and
reputable public company. We also want to attract those
individuals and companies who are desirous of entering the Cannabis
and Hemp Industry. We felt that Freedom Leaf Inc would become
a magnet to attract these individuals and companies. We now
receive numerous inquiries and potential deal flow weekly so we
feel that we have become the magnet that we envisioned for
attracting proposals. Plants to Paper, LLC is one company that we
accepted into our acceleration program by acquiring 25% of its
equity. We also acquired www.LaMarihuana.com the
most visited Spanish Cannabis website in the world with 1.0
million+ monthly visitors and 1.2 million Facebook likes
and http://www.Marihuana-Medicinal.comsee press
release. We have entered into a Letter of Intent with Green
Market Europe S. L. see press release. The acquisition is
scheduled to close within 45 days once our auditor has finished
with the required audit. Go to Freedom Leaf Story
Continued for a more detailed explanation.
2. Freedom Leaf has also entered into an agreement to market, to
sell and to distribute NuAxon Bioscience large capacity
super critical CO2 extraction units. This is an exclusive sales
agreement for the Cannabis and Hemp Industry, worldwide. There
appears to be a booming demand for high grade cannabinoid extracts,
such as CBD (cannabidiol), that we think can only be met with large
capacity super critical CO2 extraction devices that are
manufactured to maximize efficiency for the Cannabis and Industrial
Hemp sector. You can review the press
release here. Our sales personnel are currently working
with over 54 leads through website inquiries for potential purchase
of a unit. We have completed the sale of one unit and it was
just recently installed and commissioned in North Carolina to Hemp
Inc. see press release here.
3. Freedom Leaf purchased a unit from NuAxon, see press
release here. The intention was to use this unit as a
production extractor for hemp grown in Nevada and to have for a
demonstration unit. For two reasons we have decided to lease
this unit. Read more about this decision at Freedom Leaf
Story Continued
4. Freedom Leaf has developed a new product line called
hempOLOGY. We have created a temporary website to introduce
the brand www.MyHempOLOGY.com. Initially there will be a line
of two products planned for hempOLOGY. The first product to be
introduced on the New Website will be the Herbal Vapor blends, with
American produced hemp CBD and organically grown Ayurvedic herbs
produced by a leader in India's ancient Ayurvedic herbal medicines.
The second will be a concentrated high CBD extract product for oral
ingestion. This appears to be a unique product in the market. Read
more about this decision at Freedom Leaf Story Continued.
5. Freedom Leaf License -- We currently have sold three licenses
to companies who wish to run their businesses under the auspice of
our Freedom Leaf Brand in the Netherlands, another for Spain and
Portugal and another for the state of Florida. The license price
obviously will vary by territory. Besides the income from license
fees and royalties the licensees widen our reach to consumers for
the magazines, products and other services that we will be
introducing. The activities of the licensees will strengthen
the Freedom Leaf Brand. We plan on starting a nationwide tour
to give seminars to educate about the plant, its medicinal
properties and the emerging industry as well as to promote the sale
of the licenses.
Questions that have been asked by our Shareholders can be read
along with answers on our corporate website at Freedom Leaf
Story Continued
About Freedom Leaf
Freedom Leaf, Inc., The Marijuana Legalization Company™, is a
fully reporting and audited, publicly traded company trading under
the symbol (OTCQB: FRLF). Freedom Leaf, Inc. is a leading
go-to resource in the cannabis, medical marijuana, and industrial
hemp industry. It is involved in mergers and acquisitions in the
marijuana industry, including incubation/acceleration and spin offs
of new marijuana/hemp related companies.
Freedom Leaf Inc.'s flagship publication is Freedom Leaf
Magazine, The Good News in Marijuana Reform. The company produces a
portfolio of news, print and digital multi-media verticals,
websites, and web advertising, for the ever changing emerging
cannabis, medical marijuana and industrial hemp industry.
Safe Harbor Statement
Statements in this press release that are not strictly
historical are "forward-looking" statements within the meaning of
Section 27A of the Securities Act of 1933, as amended and Section
21E of the Securities Exchange Act of 1934, as amended. These
forward-looking statements generally can be identified by phrases
such as Freedom Leaf, Inc. or its management "believes," "expects,"
"anticipates," "foresees," "forecasts," "estimates" or other words
or phrases of similar import. Similarly, statements herein that
describe the Company's business strategy, outlook, objectives,
plans, intentions or goals also are forward-looking statements. All
such forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those in forward-looking statements. Factors that could cause
or contribute to differences include the uncertainty regarding
viability and market acceptance of the Company's products and
services, changes in relationships with third parties, and other
factors described in the Company's most recent periodic filings
with the Securities and Exchange Commission, including its Annual
Report on Form 10-K dated June 30, 2016 and quarterly reports on
Form 10-Q.
Investor relations information can be found on
the FreedomLeafInc.com company website.