ITEM 1.01 ENTRY INTO A DEFINITIVE MATERIAL AGREEMENT
On February 21, 2017, Freedom Leaf Inc. (the “Company”) received a purchase order from Hemp, Inc. for extraction equipment to be manufactured by NuAxon Bioscience, Inc. for Hemp, Inc., requiring an initial 50% down payment of $130,300 to be paid to the Company, which down payment was received by the Company on February 22, 2017.
The foregoing description of such purchase order is qualified in its entirety by the full text of such agreement, which is filed as Exhibit 10.1 to, and incorporated by reference in, this report.
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