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