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INDUSTRIAL HEMP

Freedom Leaf Inc (OTCMKTS:FRLF) Focus On Eliminating Toxic Convertible Securities

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Freedom Leaf Inc (OTCMKTS:FRLF) reported the continuation of retiring due convertible debt. Last year, on December 15, a convertible note of $38,000 was closed through a payment done to the lender. Presently, the company has three other convertible notes on their books that they plan to retire prior to their six-month anniversaries just as they did with the aforesaid convertible note.

The buzz

Clifford Perry, the CEO of Freedom Leaf, expressed that they are dedicated to a program of improving shareholder value by efforts focused on generating revenue with their merchandising assignments derived from their wholly owned subsidiary named Leafceuticals, Inc, and removing toxic convertible securities that can dilute shareholder value.

Presently, their Hempology offerings, CBD Oil, CBD Dog Treats and Vapes are accessible at MyHempology.com. In conjunction with Harris Farms, Ltd and Reliable Steel, an approved Nevada Hemp cultivator, Leafceuticals, Inc is making use of the NuAxon Supercritical ‘CO2’ Extractor in attempt to process the hemp flower. The company intend on utilizing the extracted oil in their product line, and offering Cannabidiol Oil to manufacturers.

Freedom Leaf comes in the list of fully reporting and audited, publicly listed firms trading under the ticker FRLF. The company is a key go-to resource in the medical marijuana, cannabis and industrial hemp market. It is involved in business consulting and mergers and acquisitions in the marijuana market, including acceleration/incubation and spin offs of new marijuana as well as hemp related entities. The firm produces a portfolio of digital multi-media, news and print verticals, web advertising, websites and blogs for the ever-changing buzzing industrial hemp, cannabis and medical marijuana industry.

In the last trading session, the stock price of Freedom Leaf jumped more than 22% to close the day at $0.07. The gains came at a share volume of 2.78 million compared to average share volume of 1.16 million.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of MMJReporter.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure

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