Freedom Leaf's Wholly Owned Division, Leafceuticals Inc., Launches CO2 Supercritical Extraction Facility Operations in Nevada
December 05 2017 - 11:37AM
InvestorsHub NewsWire
Freedom Leaf’s Wholly Owned
Division, Leafceuticals Inc., Launches CO2 Supercritical Extraction
Facility Operations in Nevada In Conjunction With NV Hemp Producer
and Reliable Steel, a Leading Las Vegas Fabricator
The success of this project is
expected to produce significant income for 2018 & enable FRLF
to build out a multi million$ facility in Vegas
Las Vegas, NV -- December 05, 2017 -- 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 that it has
entered into a purchase agreement for organically grown hemp that
will allow it to legally extract Industrial Hemp in the State of
Nevada under NV SB396 and the 2014 US Farm Bill.
Leafceuticals, Inc., a wholly
owned division of FRLF has entered into
an initial purchase agreement with hemp producer Harris Farms, Ltd, of Pahrump,
NV to fully extract the broad spectrum of phytocannabinoids (CBD),
terpenes and other valuable byproducts from 600 pounds of nurtured
Hemp flower that has been grown under the NV
Department of Agricultures Industrial Hemp Pilot
project.
Freedom Leaf CEO and co-founder, Clifford J. Perry, explained,
“Leafceuticals is also applying for its own
license that will allow it to process hemp from other states
approved under the 2014 US Farm Bill which are currently major
producers of industrial Hemp. Freedom Leaf is the exclusive global NuAxon
distributor for the cannabis and hemp industry.
Leafceuticals will be using the NuAxon Supercritical CO2 extraction
equipment that was demonstrated to over fifty
perspective purchasers at the
recent MJBIZCON Expo in Las Vegas.
“The success of this joint venture is expected to produce
significant income for 2018 and enable Freedom Leaf, Inc. to build
out a multi million dollar facility in conjunction with Reliable
Steel. The company is proud to announce it will be working with Tim
Puetz, the founder of Reliable Steel, Inc., builders and
fabricators of some of Las Vegas’s most famous hotels,
the Cleveland Clinic Lou Ruvo Center for Brain
Health, designed by the
world-renowned architect Frank Gehry, and landmark attractions
like the Big Shot atop the Stratosphere Hotel and
the NY NY Roller coaster. Mr Puetz has been an innovator in product
research and development for a host of Fortune 500 companies.”
Hempology®, Freedom Leaf’s
exclusively branded product line, is now vertically integrated from
seed to consumer, processing not only CBD but also a full spectrum
of whole-hemp extracts for the entourage-effect. Freedom Leaf will
also be producing specific “Rare Cannabinoids” that it will
cultivate in its own green houses, Green Market
Europe in Elche, Spain, and next year in Freedom
Leaf’s own grow facilities in Nevada, built in partnership with
Reliable Steel.
Freedom Leaf’s wholly-owned media companies, including Freedom
Leaf publications, online and in print, remain a major part of it’s
branding, marketing and deal flow development programs.
LaMarihuana.com, the world’s
leading Spanish language website, and Marihuana-Medicinal.com, the
world’s leading Spanish language medical cannabis site will play a
major role in marketing the company’s products to the more than
half-a-billion Spanish speaking potential customers as medical
marijuana is recognized around the world, and the legalization of
recreational marijuana.
Freedom Leaf also remains committed to the highest
standards of Product Quality, Corporate Governance and Consumer
Equitability.
MEDIA: BRANDING
FreedomLeaf.com/ Mag & Online
MarijuanaNews.com
LaMarijuana.com
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 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.
Freedom Leaf, Inc.Raymond P MedierosPR and Business Development DirectorPhone: 415-601-1974Ray@FreedomLeaf.com