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“Only time will tell if this another example of turning green into gold; however, one gets the sense that good news is just around the corner.” That was the closing sentence to my case study on LIB that was featured in our October 2017 issue.
The share price of LIB was $0.09 at that time and down significantly on the year. Now that we are in February 2018
it is time to see if indeed good news was just around the corner.
The share price of $0.73 at time of writing is down from its high of $1.00 however the entire sector has had a rough week. On January 22nd LIB announced the closing of a $2M private placement priced at $0.40 per unit. With that pricing, the current market cap (and therefore share price) impresses.
The market cap of $78M is based on the current issued and outstanding per www.thecse.com.
With a high of $1.00, LIB was one of the fastest CannaInvestor Magazine case study or strategy companies to join CLUB1000.
So what has happened since that case study?
3 North Road Ventures (wholly owned subsidiary of LIB) to Double its Cannabis Product Lines and Increases Vault Storage Capacity Fivefold.
3 Announced a partnership with BLOX Labs Inc, for the development of a blockchain-based smart contract platform for use in supply chain management within the legalized Cannabis industry.
3 Strengthens Board of Directors with
the Appointment of Doug Macdonell.
3 Liberty Leaf and ESEV CBD Pet Clinical Trials are Well Underway in France.
3 Acquires the Majority Interest in Just
Kush - a Late-Stage ACMPR Applicant
and a Company in Control of a Current MMAR-Licensed Facility.
3 Liberty Leaf Common Shares Now DTC Eligible.
3 Gains Exposure with Inclusion in New Solactive Emerging Marijuana Growers Index
For more detailed information, please
refer the Q&A included in this issue and the detailed content over the last two months.
LIBERTY LEAF HOLDINGS LTD
Your Cannabis Friendly Homes and Lifestyle
Private Investment Opportunity
CLICK HERE: https://canrve.com/
LIBERTY LEAF HOLDINGS LTD
CSE:LIB OTC:LBFF
As At January 29, 2018
Shares Outstanding: 107,032,547 (www.tmxmoney.com)
Share Price: $0.73 Market Cap: $78,133,759
Reserved for Issuance: 15,209,828 122,242,375 (diluted)
“… we recognize the present and future value of their holdings. Liberty Leaf is extremely attractive, especially in the value-added CBD/THC pet product market, where the metrics and economics have substantial additional upside…"
- Dave Doherty, President and CEO, Rockshield Capital Corp. (CSE:RKS;OTC:CRUOF;FRA:6BC)