- Liberty subsidiary North Road Ventures inks new compliance agreement
- Agreement expands North Road’s existing business model
- Liberty’s diversified investment approach leverages opportunity in legal cannabis markets
Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P) continues to advance its business agenda to capitalize on the burgeoning legal marijuana markets. Liberty Leaf is in the business of acquiring partnership interests in up-and-coming and established companies in the medicinal and recreational cannabis space. The company currently operates in Canada and is actively seeking to enter all of the legal cannabis markets in North America. The recent signing of an agreement between North Road Ventures, a wholly-owned subsidiary of Liberty Leaf, and Cannabis Compliance Inc. is another step forward in the advancement of Liberty’s unique business model (http://ibn.fm/RoKR3).
Liberty Leaf takes calculated and strategic investment positions in established, proven performers in both the medicinal and recreational legal cannabis markets. Liberty Leaf targets and then acquires and/or partners with established, revenue-producing marijuana businesses that have large upside potential. Liberty’s objective is to build a substantial, broad-based portfolio of multiple cannabis-sector businesses, including companies across the full spectrum of activities, from the cultivation and processing of legal medicinal and recreational cannabis to value-added CBD/THC pet products, as well as ancillary and supply-chain products. Liberty Leaf provides professional management, HR resources, marketing expertise and the necessary funding to accelerate growth.
Per the terms of the announced agreement, Cannabis Compliance will be responsible for ensuring Good Manufacturing Practice (GMP)-compliant processing/production of North Road’s cannabis-containing products. North Road is an increasingly large player in the expanding medical marijuana Industry and is expanding into the recreational market this year.
According to Will Rascan, president and CEO of Liberty Leaf, these new developments represent a further extension of North Road’s existing business model. “North Road plans to make available to both pharmacies and licensed retailers our exclusive medicinal-quality cannabis, cannabis-related products and racking jobber service,” Rascan stated in a news release. “The ability for us to expand on our model by including Natural Health Products (NHPs) for human and veterinary use as well as cosmetics/beauty products, topicals, concentrates, foods/edibles and other high-quality products for distribution holds tremendous growth potential for our company.”
With strategic investments in a broad spectrum of businesses in the explosive legal marijuana markets, Liberty Leaf offers investors an interesting option for diversified exposure across the entire cannabis value chain.
For more information, visit the company’s website at www.LibLeaf.ca
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