LAS VEGAS, NV--(NewMediaWire - Sep 7, 2017) - Freedom Leaf,
Inc.™ (OTCQB: FRLF) The Marijuana Legalization Company™
and WallStreet Research ™ launched their Joint venture at
Los Angeles' Premium Investment Cannabis Event, the InvestorsHub
/ MJAC2017 on September 1st and 2nd.
Clifford J. Perry, Freedom Leaf co-founder and CEO explained,
"The MJAC2017 was the perfect occasion to launch our new JV
with Wall Street Research ™ and to meet
with prospective investors, who were also very interested in our
new ventures in Spain."
As previously announced, Freedom Leaf and Green
Market Europe have signed a letter of intent for
Freedom Leaf to acquire 100% of GME including its IP, projects and
assets. Freedom Leaf has paid the cash stipulated in the contract
as a deposit towards the full transaction, and the acquisition is
expected to close as soon as the legal and accounting review is
completed within the next 30 days. Freedom Leaf has agreed to
support the expansion of GME with two additional growing operations
internationally before the end of 2019 to take advantage of the
skills and the potential of the GME staff.
See http://www.finanznachrichten.de/nachrichten-2017-08/41580940-green-market-europe-will-become-freedom-leaf-s-hemp-production-company-and-research-facilities-in-europe-major-product-developments-in-rare-cannabino-256.htm
"This transaction with GME was found, nurtured and arranged
by Mr. Federico Pando, respectfully known to
everyone as "Fede", the Managing Director of
Freedom Leaf's licensee in Spain. He also arranged our acquisition
of LaMarihuana.com, known as a world leading
Spanish language cannabis portal, and it will offer many new
opportunities for us through the Intellectual Property generated,
as well as products and services offered to our wide network of
clients," noted Perry. With its monthly unique visitors in
excess of 1.5 million, it gives us a leg up on capturing the
Worldwide Spanish speaking market.
Green Market Europe's facilities include a 21,000-sq. ft. light
deprivation greenhouse that allows increasing the number of crops
per year, a 43,000-sq. ft. greenhouse and indoor growing facility
for Genetic research.
GME is strategically located in Elche,
Alicante, an important Spanish business hub, with great
year-round weather conditions for agricultural growing and it is
also a traditional Hemp growing region.
GME has a current collaboration agreement with
local University of Miguel Hernandez to
grow and develop an EU certified Hemp strain with high cannabidiol
(CBD) content that can easily grow in the local climate, and for
researching better methods for growing hemp.
The company has also applied to become a licensed Cannabis
producer in Spain under the supervision of Spanish authorities and
compliant with International Narcotic laws, and is collaborating
with two privately owned European companies for product development
and global marketing to provide a variety of Freedom Leaf branded
products with Rare Cannabinoids, CBG, (Cannabigerol) in addition to
its popular CBD, Cannabidiol.
Luis Miguel Santos, Founder of
GME commented, "We are thrilled to be a part of the
Freedom Leaf group and expect to benefit from our mutual
collaboration in both the near term and into the future. We are
confident Green Market Europe is already
a very technically advanced hemp producer in Spain, but being a
part of Freedom Leaf will help us become a company with global
reach, expand operations overseas and maximize our know how and
expertise required in such a versatile plant."
The company is in negotiations to acquire participations in
local $2M Food grade ethanol extraction plant that can extract up
to 400 pounds of hemp fiber per batch, as well as from fruit and
vegetable sources.
Consequently, the company also is also finalizing studies to
produce either Freedom Leaf affiliated brands and/or white label
CBD infused functional beverages such as water, beer, wine or
pomegranate juice made in Europe and for potential licensed product
development in North America.
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 and
business consulting 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, blogs and web
advertising, for the ever-changing emerging cannabis, medical
marijuana and industrial hemp industry.
Freedom Leaf, Inc. does not handle, grow, sell, or
dispense marijuana.
All of our European activities are in full compliance
with relevant EU laws.
Investor relations information can be
found on the FreedomLeafInc.com company
website.
About WallStreet Research™
Alan Stone & Company, LLC
with its affiliate
WallStreet Research™ provides a strategic approach to enhancing
shareholder value and liquidity. WSR publishes and distributes
corporate profiles, newsletters and in-depth research reports on
emerging small-cap companies. WallStreet Research is ranked #1 on
Google, Yahoo and Bing search engines.
(WSR) has also issued a research report on Freedom
Leaf Read the WSR Freedom Leaf Research
Report
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.