- Focus is on investing in and building vertically integrated portfolio in wholesale/retail, distribution and nutraceutical cannabis products for pets through legal cannabis ventures in North America
- Holdings include North Road Ventures, an emerging distributor of cultivated and manufactured cannabis products and holder of a pending ACMPR application for a license amendment to sell, distribute cannabis and related products
- Distribution strategy involves end-to-end, full cycle wholesale delivery
Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P), a vertically integrated cannabis company with strategic investments, continues its push to be ready for the green rush coming to Canada’s cannabis consumers. According to Statista, the medical marijuana market in Canada is projected to be worth C$1.1 billion in 2020 (http://nnw.fm/g6gZQ). Canadian lawmakers are poised to open the adult-use recreational cannabis market by the fall of 2018, which is expected to make the nation’s combined medical/recreational cannabis market worth about $2.8 billion by 2020 (new CIBC report states that the market for Canadian adult use cannabis will approach $6.5 billion in retail sales by 2020) (http://nnw.fm/T7Hjd).
Liberty Leaf and its wholly owned subsidiary, North Road Ventures, recently signed an agreement with Cannabis Compliance Inc. (“CCI”) to establish Good Manufacturing Practice (GMP)-compliant processes and procedures for producing its…
More from NetworkNewsWire
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]