(NEW YORK)–Freedom Leaf, Inc. (OTCMKTS:FRLF), a leading go-to resource in the cannabis, medical marijuana, and industrial hemp industry, reported a sharp increase in fiscal year revenues based on growing magazine subscriptions and licensing fees. Given that more and more people are getting marijuana cards every day, this news does not come as much of a surprise. There are so many people who are now using medical marijuana to help them with their pain. For some people this might be a new idea, however, if you are currently suffering then it mihgt be worthwhile for you to consider taking medical marijuana to help you out. If you are thinking that you would like to try it but you don’t know where to get it from, then you might be interested to learn that MMJ certification is available in Columbia, MO. However, there are loads of other places you can get medical marijuana from nowadays. It’s not just medical marijuana that is becoming increasingly more acceptable, but in some places recreational marijuana has also been legalised. If you are interested in trying marijuana and it is legal where you live, then why don’t you take a look at something like the comatose strain or something similar. You might find it helps you to feel extremely relaxed.
For the year ended June 30, 2017, the Company reported total revenues of $817,457, as compared to $118,473 for the same period in 2016. The increase in revenue was attributable to increased sales related to increased magazine subscriptions and licensing fees.
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, blogs and web advertising, for the ever-changing emerging cannabis, medical marijuana and industrial hemp industry.
Think of it as a version of the popularly known High Times Magazine.
Freedom Leaf has published and circulated hundreds of thousands of copies of their 27 editions in 38 states with the assistance of over 160 activist marketers. Freedom Leaf magazine, “The Good News in Marijuana Reform,” reports on arts, fashion, and lifestyle, all of the elements of the burgeoning cannabis movements. Freedom Leaf magazine provides activists, consumers, patients and entrepreneurs with a means to stay informed on the emerging industry’s most cutting edge marijuana-related information, innovations and legislation.
This magazine gives FRLF an ever growing network of industry players and connections that can be marketed to other cannabis companies, or be used for their our operational businesses.
Note: Freedom Leaf, Inc. does not handle, grow, sell, or dispense marijuana, and their European activities are in full compliance with relevant EU laws.
This is very key point for investors to look at when investing into a marijuana stock as this places FRLF on the safer side of the investment spectrum.
Sell the Growers, Buy Medical
Just recently, Ludlow Research issued a note to their subscribers regarding investors wanting to invest in marijuana stocks that they may want to sell the growers, dispensaries, and recreational plays, and focus investment capital more in a diversified basket of stocks focused strictly on medical research and non-recreational use side due to potential regulatory risks.
For this reason Ludlow Research has initiated coverage on FRLF based on their strict focus on non-psychoactive cannabis operations, growing revenues, and launch of the Hempology and Leafceuticals operations, with a ‘speculative’ short-term target of around $0.10+ per share.
This would place FRLF with similar medical and non-recreational marijuana plays such as OWC Pharmaceutical Research Corp (OTC:OWCP), India Globalization Capital, Inc. (NYSE: IGC), 22nd Century Group, Inc. (NYSE:XXII), International Endeavor Corp. (OTC:IDVV), or Medical Marijuana Inc. (OTC:MJNA) to name just a few.
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 marijuana, and industrial hemp industry. It is involved in mergers and acquisitions and business consulting in the marijuana industry, including incubation/acceleration and spin offs of new marijuana/hemp related companies. www.FreedomLeafInc.com
This is NOT a solicitation to Buy or Sell any security, but rather is for informational purposes only. Content contained herein includes facts, views, opinions and recommendations of individuals and organizations deemed of interest. Wall Street Newscast (“WSNC”) does not guarantee the accuracy, completeness or timeliness of, or otherwise endorse these views, opinions or recommendations, or give investment advice. WSNC, its affiliates, or directors, may or may not hold a position in the above security from time to time, and investors are encourage to consider this as a possible conflict of interest when reviewing this information. In Compliance with SEC Rule 17B Wall Street Newscast was compensated three thousand dollars for ongoing media advisory services. WSNC, or its affiliates, may hold a position in above securities from time to time, and thus should be considered a possible conflict of interest when reviewing this report and information. These investments may involve a high degree of risk, thus investors are highly encouraged to consult with a financial advisor before any and all investments.
Safe Harbor Statements:
This website includes statements that may constitute forward-looking statements made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Although the Company believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected.
Small and Micro cap, or ‘penny stocks’, involve a high degree of risk, and we highly encourage investors to consult with a financial advisor before making any and all investment decisions when investing in these type of securities.
- Data Elf Launches Online Network for AI and Data Science Programmers - January 20, 2020
- These Small Cap IoT Stocks Offer Real Upside Potential - December 3, 2019
- Orbsat (OSAT) Potential for Global IoT Data Provider Through Satellite Network - November 20, 2019
- Alpine 4 (ALPP) Stock Pulls Back After Major Run in Share Price - November 6, 2019
- GTX Corp (GTXO) Stock Offers Upside Valuation Potential as Wearable IoT Play - October 31, 2019
- Cannabis Stocks get Upgrade at Oversold Levels - October 10, 2019
- FDA Guidance on CBD Infused Products May Signal Bottom for Stock Sector - August 17, 2019
- Vectorspace AI (VXV) and ESTC Discuss Visualizing Alpha Utilizing Datasets and Canvas - August 8, 2019
- Vectorspace (VXV) Crypto Coin Big Uses for Quant Hedge Funds - July 1, 2019
- BioHemp (BKIT) Added to Watch List as CBD Distribution Play - June 28, 2019