Cannabis Reform Is Occurring All Around the World Fueling the Rapidly Growing Global Marijuana Industry; Company Books $500K License Expansion

CORAL SPRINGS, FL, July 21, 2016 /CNW/ - Cannabis & Marijuana opportunities continue to trudge forward as one of the hottest sectors as nearly 20 countries have legalized the plant to some degree. Marijuana revenues forecasted to triple and even more as reform, legalization & decriminalization sweeps the globe while companies begin to reap financial benefits.

Freedom Leaf, Inc., (OTC: FRLF), the successful publishing and licensing company behind the legal cannabis industry, has quickly reached important revenue-driving milestones in Spain and The Netherlands in its international branding effort.  Freedom Leaf, Inc. has drawn interest from overseas licensees seeking access to its brand, its editorial content, ability to put on events, along with premium products and services under its banner. "We're a magnet to attract mergers and acquisitions, incubation of new companies and spinoffs," said Cliff Perry, CEO of Freedom Leaf, Inc. "Our news, media, entertainment platforms and other properties raise awareness for investors and seed more potential deal flow"

Read the full Freedom Leaf (FRLF) Press Release at: http://financialnewsmedia.com/profiles/frlf.html

Both the Spain and Netherlands licensees have agreed to pay Freedom Leaf Inc. $250,000 each for the right to provide exclusive licensees for the use of the Freedom Leaf Brand and the right to publish Freedom Leaf Magazine in Spanish and Dutch and sell advertising abroad. The deals include public relations, business consulting, brand services, business development and incubation support for cannabis and hemp companies in the Netherlands and Spain. Both countries obtained rights to put on Freedom Leaf music festivals and educational seminars. The licensees in The Netherlands and Spain will also reach out to other potential partners across Europe.

Freedom Leaf's success in Europe comes after the launch of the Freedom Leaf Cup in April as a part of the Viña Grow Awards at the 21st annual Viña Rock 2016 Music Festival which was attended by 200,000 spectators, in the town of Villarrobledo in Albacete, Spain.

Freedom Leaf, Inc. is in talks to license its brand, products and services in three additional European countries. "The negotiations continue to be very positive," Perry said. "We're in discussions with additional companies in what promises to be a meaningful endeavor to speed our growth." The license will allow licensees to market and publish Freedom Leaf Magazine in their countries, while offering website advertising, products, business and consulting services, seminars, musical festivals and other branded products and services, while also undertaking Public Relations, Business Consulting, Branding Services, Business Development and Incubation for the Cannabis/Hemp companies in their territories.

In other industry news and happenings in the markets:   Hemp, Inc. (OTC: HEMP) executives are pleased to update shareholders on the progress of the much-anticipated completion of the country's largest industrial hemp processing facility and milling operation. Hemp, Inc.'s decortication facility, spearheaded by its wholly owned subsidiary, Industrial Hemp Manufacturing, LLC (IHM), is in the final stages of completion. "Industrial hemp is reclaiming its rightful place in America as demand for this environmentally friendly natural fiber continues to increase due to the economic benefits. Hemp, Inc. is strategically positioned at the forefront of this industry. We are definitely ahead of the curve in being able to process industrial hemp and manufacture products made from hemp," said David Schmitt, COO of IHM.

According to Schmitt, the hemp processing plant which will have assembled the industry-leading hemp processing machinery is expected to be officially completed soon with a skilled team of employees on deck. "This morning, we are positioning the milling machinery in its permanent location so that it can be secured into place. We also have meetings at the end of this week with the air handler manufacturer to ascertain when we can expect the machinery on-site. Once the air handler and dust collector are on-site, we're looking to hire specialized contractors to assist with securing all of the equipment in place, which should save us over 3 to 4 weeks in time. While I can't say the exact date of when the air handler and dust collector will be onsite, once it is here, my best guestimate would be 3 weeks for us to have both mills operational."

Once the milling machinery is operational, Hemp, Inc. will be able to produce their Lost Circulation Materials (LCMs) and other oil absorbent products. "Our 70,000 square foot commercial industrial hemp processing facility and milling operation, on 9 acres makes Hemp, Inc. the largest industrial hemp processor and manufacturer in America and with the addition of our milling facility to produce other hemp-based products, we have strategically expanded our worldwide industrial base," said Bruce Perlowin, CEO of Hemp

CannaGrow Holdings, Inc. (OTC: CGRW), a Liaison and Consultant providing turnkey solutions to licensed growers in the legal Cannabis industry, announced that along with the existence of over 1,500 plants comprising the initial Production Cycle there has been an addition of 130 plants comprising in excess of 12 strains.

Yesterday's cannabis/marijuana leaders experienced mixed results in trading: 

Terra Tech Corp. (OTC: TRTC) (OTCQX: TRTC) closed down very slightly at $0.315 on over 1.2Million shares traded by the market close on Wednesday.  TRTC operates through multiple subsidiary businesses, including: Blüm, IVXX Inc., Edible Gardens, MediFarm LLC and GrowOp Technology.  Blüm's retail medical cannabis facilities focus on providing the highest quality medical cannabis to patients who are looking for alternative treatments for their chronic medical conditions

Medical Marijuana, Inc. (OTC: MJNA) close up slightly at $0.0405 on over 3.4Million shares traded by the market close on Wednesday.  MJNA recently announced that Mexico's government has approved 22 additional import permits for Real Scientific Hemp Oil-X™ (RSHO-X™), expanding the Company's foothold into a market projected to eventually reach $10-12 billion annually.

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DISCLAIMER:  FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNMG is NOT affiliated in any manner with any company mentioned herein.  FNMG and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNMG is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNMG has been compensated three thousand five hundred dollars for news coverage of the current press release issued by Freedom Leaf, Inc by a non-affiliated third party.  FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

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