Freedom Leaf Announces Hempology CBD Line Now Available In
Multiple Retail Locations Across the Country
Las Vegas, NV -- February 22, 2018 -- InvestorsHub NewsWire
-- Freedom Leaf, Inc. (OTCQB: FRLF)
today announced it has filed its 10Q for the Quarter Ended December
31, 2017.
Noted recently hired CFO Richard Groberg: “Given my insertion
into the middle of the year-end process, the tax law changes,
international acquisitions, the retirement of all convertible debt
repayments and equity infusions before and after quarter end, that
was quite the learning curve. I’m looking forward to now
turning part of my attention to the numerous revenue-generating
projects the Company has initiated.”
"Thanks to the efforts of our new CFO and our team, we now
expect to move quickly into a new phase of the Company’s
development as we continue to acquire and integrate additional
revenue-producing companies," said Cliff Perry, Freedom Leaf’s
President and CEO. Perry went on, “This 10Q is only a stepping
stone to our goal to become debt free and move forward with our new
revenue streams: Hempology and Leafceuticals.”
Hempology is Freedom Leaf’s exclusive line
of Hemp CBD products, including CBD Herbal Vapors, Mint CBD Oil,
and CBD Pet Treats. After two successful trade shows at
the Tobacco Plus
Expo and CHAMPS in Las
Vegas, Freedom Leaf is announcing that its CBD product line will
soon be available in retail locations in more than ten states
across the country, including California, Nevada, Washington,
Oregon, Texas, Michigan, Georgia, and Alaska.
Chris Thompson, Freedom Leaf’s Director of Digital Marketing, who
has been heading up the Hempology marketing and branding,
explained, “Securing these important wholesale orders shows that
the Hempology CBD brand is attractive to retail stores who are
excited to start carrying our products. These stores are only the
beginning; Freedom Leaf will continue to expand our Hempology
distribution throughout 2018.”
Additionally, Freedom Leaf’s wholly owned
division, Leafceuticals,
Inc. operates
a NuAxon industrial CO2 supercritical
extraction facility in North Las Vegas. The Leafceuticals
extraction facility is operating under the guidelines of the Nevada
Department of Agriculture Industrial Hemp pilot project to
extract Cannabidiol (CBD) and other
valuable components of hemp grown locally in Pahrump, NV. The
project has produced 12 kilos to date, with a market value over
$200,000 in gross revenue. This process can be replicated on a
monthly basis. The company intends to meet all of its (CBD) needs
for production of the Hempology product line.
In March, Freedom Leaf co-founders Richard Cowan and Clifford J.
Perry are attending Spannabis, the huge
Cannabis expo in Barcelona, and meeting with partners and other
potential acquisitions for Freedom Leaf
Europe, our European subsidiary.
Cowan explained, “Our potential growth in Europe and Latin
America is at least as great as in the US.”
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 and
recreational marijuana, CBD and industrial hemp industries.
It is involved in mergers and acquisitions in these
industries, including incubation/acceleration and spin offs of new
companies involved in those industries.
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, and web
advertising, for the ever-changing emerging cannabis, medical
marijuana and industrial hemp industry. The Company also
owns LaMarihuana.com, the world’s leading Spanish digital
publication focused on these industries,
and Marihuana-Medicinal.com.
Freedom Leaf, Inc. does not handle, grow, sell, or disperse
marijuana or related products in the United States.
All of our European activities are in full compliance
with relevant EU laws.
Investor relations information can be found on
the FreedomLeafInc.com company
website.
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 generally can be identified by phrases
such as Freedom Leaf, Inc. or its management "believes," "expects,"
"anticipates," "foresees," "forecasts," "estimates" 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, 2016 and quarterly reports on
Form 10-Q.
Investor relations information can be found on
the FreedomLeafInc.com company website.
Contact InformationCONTACT INFORMATIONRaymond MedeirosPR and Business Development DirectorPhone: 415-601-1974ray@freedomleaf.comFreedom Leaf, Inc.3571 East Sunset RoadLas Vegas, Nevada 89120