Freedom Leaf, Inc. Is Eliminating Its Toxic Convertible Securities; Management Focused on Generating Multiple Revenue Streams
January 04 2018 - 1:43PM
InvestorsHub NewsWire
Freedom
Leaf, Inc. Is Eliminating Its Toxic Convertible Securities;
Management Focused on Generating Multiple Revenue Streams
Freedom Leaf, Inc. does not handle, grow, sell, or dispense
marijuana; our European activities are in full compliance with
relevant EU laws
LAS VEGAS, NV -- January 04, 2018 -- InvestorsHub
NewsWire -- Freedom Leaf, Inc. (OTCQB: FRLF),
The Marijuana Legalization Company®, a group of diversified,
international, vertically-integrated Cannabis/Hemp businesses and
media companies, announced yesterday the continuation of retiring
outstanding convertible debt. On December 15, 2017, a convertible
note of $38,000 was retired through a payment made to the lender.
Currently, Freedom Leaf, Inc. has 3 other convertible notes on our
books that we intend to retire prior to their 6-month anniversaries
just as we did with the aforementioned convertible note.
Clifford Perry, CEO, stated, "We are committed to a program of
enhancing shareholder value by focusing on generating revenue with
our merchandising projects derived from our wholly owned
subsidiary Leafceuticals,
Inc, and eliminating toxic convertible securities that
could dilute shareholder value. Currently, our Hempology products,
Vapes, CBD Oil and CBD Dog Treats are available
at MyHempology.com Also in conjunction
with Reliable Steel and Harris Farms, Ltd, a licensed Nevada Hemp
grower, Leafceuticals,
Inc is using the NuAxon Supercritical CO2
Extractor to process the hemp flower and we plan on using the
extracted oil in our product line, as well as selling CBD Oil to
manufacturers."
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.
Corporate Website and Investor
Relations: http://www.FreedomLeafInc.com
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, including any financial projections above, generally
can be identified by phrases such as Freedom Leaf, Inc. or its
management "believes," "expects," "anticipates," "foresees,"
"forecasts," "estimates" "projections" 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, 2017 and quarterly reports on
Form 10-Q.
CONTACT INFORMATION: Raymond MedeirosPR and Business Development Director
Phone: 415-601-1974
Email: Ray@FreedomLeaf.com
Freedom Leaf, Inc.
3571 East Sunset Road
Las Vegas, NV 89120