Freedom Leaf's Wholly Owned Division, Leafceuticals Inc., Launches CO2 Supercritical Extraction Facility Operations...
December 06 2017 - 8:15AM
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.
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 which
are major producers of 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 NYNY Rollercoaster. 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 we will cultivate in its own green houses
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 its 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
advances.
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