Company Overview

Company name: Freedom Leaf (PINX: FRLF)
Description: Provider of diversified cannabis related news intended to offer lower risk to protect and safely enhance their investment by continually adding assets and holdings. The company’s diversified cannabis related news through online and print media channels offers current legislation and legal news, arts and entertainment information enabling cannabis, medical marijuana, and industrial hemp companies avail the enhanced ability to raise money for operations or expansion also an equity exit and liquidity strategy for investors.
Year founded:
Parent company:
Industry: Consumer Products and Services (B2C) | Group: Media | Code:
Employees: 12
City: Las Vegas
State: Nevada
Country: United States
Region: Americas

Financial Highlights

Start up capital raised (USD Million):
Business status: Profitable
Ownership: Publicly Held
Exchange: PINX
Ticker: FRLF
Revenue (USD Million): 1.02
Gross profit (USD Million): 0.47
Net income (USD Million) -4.72
Enterprise value: 25.45
Earnings before interest, tax, depreciation and amortization (EBITDA): -3.96
Fiscal period: TTM 1Q2019
Financing Status: The company (PINX: FRLF) received an undisclosed amount development capital from Merida Capital Partners on October 1, 2018 through a private placement. The funds will be used for upgrading production capacity at the company’s recently acquired 430,000 square foot greenhouse facility in Valencia and Spain, for securing GMP certification for the Valencia facility, for developing the company’s hemp extraction, distillation and processing lab in North Las Vegas, for expanding the Company’s e-commerce funnel for CBD sales as well as its online media properties and for optimizing the Company’s product formulation and distribution supply chain.
Number of active investors:
Profile last updated: 14-Nov-2018
Last known valuation:
Last known valuation date: