$FRLF The Hempology online store was recently launched with sales starting November 20, 2017 having seven initial products: four blends of herbal CBD vapor oil, two flavors of hemp CBD
oil, and all-natural CBD pet treats.
By starting with this variety of products, Freedom Leaf is
capitalizing on both the natural-focused markets and pet care industry. After initial market research is complete, Freedom Leaf has the ability to add more than 30 other SKUs to their online marketplace, including skin care and beauty products..
Freedom Leaf is currently in serious discussions with two nationwide distributors for the Hempology line; one targeting big box stores like Walmart, and the other targeting dispensaries in recreationally legal states.
We expect to see Hempology in more than 25 storefront locations
within 6 months through these distributor contracts.
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$FRLF This news has no doubt caught the interest of investors, and could very well help set the stage for FRLF to become a powerful force within the cannabis and marijuana industry.
Summary
There are several factors that could make FRLF an attractive play when looked at as a whole.
1) Hempology products, which sales will launch on November 20, 2017, could be a major revenue generator for FRLF in the coming quarters, and could quickly improve their overall financial outlook going forward.
The Company is expecting to sell $500,000 through their
www.myhempology.com website through the end of their fiscal year, June 30, 2018.
2) Their acquisition of LaMarihuana.com and Marihuana-Medicinal.com could also expand Hempology’s customer base, and with the 1.7 million monthly visitors the company is has
projected $250,000 ad and product sales.
These sites have an amazing reach throughout the highly attractive Latin America market. Of the monthly visitors 70%, 1.2 million, are out of Central and South America. The sites also have in excess of 1.2 million Facebook Likes.
3) Green Market Europe S. L. is also expected to bring a major jump in revenues before the end of Freedom Leaf’s fiscal year with projection of $1.0 million in revenue, and could position FRLF
footprint in the European market.
4) Finally, the appointment of Mr. Pelosi is a real boost of credibility for the company, but also opens the door for FRLF to become a major lobbying force for the legalization of marijuana and
cannabis on the State and Federal level.
- ofthegreens
AI
