Cannabis Reform Is Occurring All Around The World Fueling The
Rapidly Growing Global Marijuana Industry; Company Books $500K
License Expansion
Coral Springs, FL -- July 21, 2016 -- InvestorsHub NewsWire
-- Cannabis & Marijuana opportunities continue to trudge
forward as one of the hottest sectors as nearly 20 countries have
legalized the plant to some degree. Marijuana revenues forecasted
to triple and even more as reform, legalization &
decriminalization sweeps the globe while companies begin to reap
financial benefits.
Freedom Leaf, Inc., (OTC: FRLF), the successful publishing
and licensing company behind the legal cannabis industry, has
quickly reached important revenue-driving milestones in Spain and
The Netherlands in its international branding effort. Freedom
Leaf, Inc. has drawn interest from overseas licensees seeking
access to its brand, its editorial content, ability to put on
events, along with premium products and services under its banner.
"We're a magnet to attract mergers and acquisitions, incubation of
new companies and spinoffs," said Cliff Perry, CEO of Freedom Leaf,
Inc. "Our news, media, entertainment platforms and other properties
raise awareness for investors and seed more potential deal
flow"
Read the full Freedom Leaf (FRLF) Press Release
at: http://financialnewsmedia.com/profiles/frlf.html
Both the Spain and Netherlands licensees have agreed to pay
Freedom Leaf Inc. $250,000 each for the right to provide exclusive
licensees for the use of the Freedom Leaf Brand and the right to
publish Freedom Leaf Magazine in Spanish and Dutch and sell
advertising abroad. The deals include public relations, business
consulting, brand services, business development and incubation
support for cannabis and hemp companies in the Netherlands and
Spain. Both countries obtained rights to put on Freedom Leaf music
festivals and educational seminars. The licensees in The
Netherlands and Spain will also reach out to other potential
partners across Europe.
Freedom Leaf's success in Europe comes after the launch of the
Freedom Leaf Cup in April as a part of the Via Grow Awards at the
21st annual Via Rock 2016 Music Festival which was attended by
200,000 spectators, in the town of Villarrobledo in Albacete,
Spain.
Freedom Leaf, Inc. is in talks to license its brand, products
and services in three additional European countries. "The
negotiations continue to be very positive," Perry said. "We're in
discussions with additional companies in what promises to be a
meaningful endeavor to speed our growth." The license will allow
licensees to market and publish Freedom Leaf Magazine in their
countries, while offering website advertising, products, business
and consulting services, seminars, musical festivals and other
branded products and services, while also undertaking Public
Relations, Business Consulting, Branding Services, Business
Development and Incubation for the Cannabis/Hemp companies in their
territories.
In other industry news and happenings in the
markets: Hemp, Inc. (OTC: HEMP) executives
are pleased to update shareholders on the progress of the
much-anticipated completion of the country's largest industrial
hemp processing facility and milling operation. Hemp, Inc.'s
decortication facility, spearheaded by its wholly owned subsidiary,
Industrial Hemp Manufacturing, LLC (IHM), is in the final stages of
completion. "Industrial hemp is reclaiming its rightful place in
America as demand for this environmentally friendly natural fiber
continues to increase due to the economic benefits. Hemp, Inc. is
strategically positioned at the forefront of this industry. We are
definitely ahead of the curve in being able to process industrial
hemp and manufacture products made from hemp," said David Schmitt,
COO of IHM.
According to Schmitt, the hemp processing plant which will have
assembled the industry-leading hemp processing machinery is
expected to be officially completed soon with a skilled team of
employees on deck. "This morning, we are positioning the milling
machinery in its permanent location so that it can be secured into
place. We also have meetings at the end of this week with the air
handler manufacturer to ascertain when we can expect the machinery
on-site. Once the air handler and dust collector are on-site, we're
looking to hire specialized contractors to assist with securing all
of the equipment in place, which should save us over 3 to 4 weeks
in time. While I can't say the exact date of when the air handler
and dust collector will be onsite, once it is here, my best
guestimate would be 3 weeks for us to have both mills
operational."
Once the milling machinery is operational, Hemp, Inc. will be
able to produce their Lost Circulation Materials (LCMs) and other
oil absorbent products. "Our 70,000 square foot commercial
industrial hemp processing facility and milling operation, on 9
acres makes Hemp, Inc. the largest industrial hemp processor and
manufacturer in America and with the addition of our milling
facility to produce other hemp-based products, we have
strategically expanded our worldwide industrial base," said Bruce
Perlowin, CEO of Hemp
CannaGrow Holdings, Inc. (OTC: CGRW), a Liaison and
Consultant providing turnkey solutions to licensed growers in the
legal Cannabis industry, announced that along with the existence of
over 1,500 plants comprising the initial Production Cycle there has
been an addition of 130 plants comprising in excess of 12
strains.
Yesterday's cannabis/marijuana leaders experienced mixed results
in trading:
Terra Tech Corp. (OTC: TRTC) (OTCQX: TRTC) closed down very
slightly at $0.315 on over 1.2Million shares traded by the market
close on Wednesday. TRTC operates through multiple
subsidiary businesses, including: Blm, IVXX Inc., Edible Gardens,
MediFarm LLC and GrowOp Technology. Blm's retail medical
cannabis facilities focus on providing the highest quality medical
cannabis to patients who are looking for alternative treatments for
their chronic medical conditions
Medical Marijuana, Inc. (OTC: MJNA) close up slightly at
$0.0405 on over 3.4Million shares traded by the market
close on Wednesday. MJNA recently announced that
Mexico's government has approved 22 additional import permits for
Real Scientific Hemp Oil-X (RSHO-X), expanding the Company's
foothold into a market projected to eventually reach $10-12 billion
annually.
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