Our Pick On Freedom Leaf, Inc. (OTCMKTS:FRLF)
Closed Up 113.43% Today To Close At $0.286. We Sent
FRLF To Our Platinum Members When It Was Less Than $.06
Our pick on Freedom Leaf, Inc. (OTCMKTS:FRLF) saw a massive close up 113.43% to close the day out at $0.286 on more than 17.7 million shares traded. As can be seen on our growing list of winning picks we initially released FRLF on 11/9/17 as a secret pick for our Platinum Membership Subscribers, when it was trading at just $.0574. In less than 3 months it gained over 722% for our Platinum Members on a run up to $0.472. After this big move we switched to releasing numerous other solid plays that pulled in exciting gains but now FRLF has hurdled back into the spotlight proving to be the major contender that we told traders to expect even as we moved in other directions.
Well after FRLF was released early to Platinum Members it was released to free members. Our first public release of FRLF can be viewed in its entirety here.
Today's big move on Freedom Leaf, Inc. came after the company announced that it has received a $3 million investment from cannabis private equity firm Merida Capital Partners, for the acceleration of their existing CBD sales channels in the United States and accelerate their European hemp cultivation projects.
Freedom Leaf, Inc. plans to use capital from Merida's investment to do the following:
1. Upgrade production capacity at their recently acquired 430,000 square foot greenhouse facility in Valencia Spain.
2. Secure GMP certification for the Valencia facility. This would allow them to add cannabis cultivation to their existing hemp production.
3. Develop their hemp extraction, distillation, and processing lab in North Las Vegas.
4. Expand their e-commerce endeavors for CBD sales and build upon their online media websites.
5. Optimize their product formulation and distribution supply chain,
The most exciting aspect about receiving an investment from Merida Capital Partners is that they are deeply engrained in providing funding to marijuana related companies and have seen numerous companies that they have invested in kick off significant growth for the core business and investors. An investment like this significantly legitimizes their efforts and goes to show the strengths of this pick. We are very happy to have been able to bring FRLF to the attention of our Platinum Members so early on when it was trading at less than 6 cents per share. This once again goes to show the powerful advantage of being subscribed to a Platinum Membership package with out platform. Remember that you can get special early access to major picks like this before they see big movement by becoming a Platinum Member for early access to many of our best penny stock picks!
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