GL Brands Inc. (fka GRLB)

[DFLY]

8k out..ITEM 1.01 ENTRY INTO A DEFINITIVE MATERIAL AGREEMENT



On March 15, 2017, Freedom Leaf Inc. (the “Company”) entered into an Exclusive Distribution Agreement (the “Distribution Agreement”) with NuAxon Bioscience, Inc. (“NuAxon”) to sell NuAxon’s CO2 extraction equipment pursuant to which the Company would be paid increasing commissions depending on gross sales of the equipment.



On March 16, 2017, the Company issued a purchase order (the “Purchase Order”) to NuAxon to purchase extraction equipment for one of the Company’s customers.