Freedom Leaf Inc. (OTCMKTS:FRLF) Files An 8-K Entry into a Material Definitive Agreement
ITEM 1.01
| ENTRY INTO A DEFINITIVE MATERIAL AGREEMENT |
On March 15, 2017, Freedom Leaf Inc. (the Company) entered into
an Exclusive Distribution Agreement (the Distribution Agreement)
with NuAxon Bioscience, Inc. (NuAxon) to sell NuAxons CO2
extraction equipment to which the Company would be paid
increasing commissions depending on gross sales of the equipment.
On March 16, 2017, the Company issued a purchase order (the
Purchase Order) to NuAxon to purchase extraction equipment for
one of the Companys customers.
The foregoing descriptions of the Distribution Agreement and the
Purchase Order are qualified in their entirety by the full text
of such agreements, which are filed as Exhibits 10.4 and 10.5 to,
and incorporated by reference in, this report.
| ITEM 9.01 | FINANCIAL STATEMENTS AND EXHIBITS |
The exhibits listed in the following Exhibit Index are filed as
part of this report:
10.4Distribution Agreement with NuAxon Bioscience, Inc.
10.5Purchase Order with NuAxon Bioscience, Inc.
About Freedom Leaf Inc. (OTCMKTS:FRLF)
Freedom Leaf, Inc. (Freedom Leaf) is focused on being the national and international news source for the Cannabis/Industrial Hemp industry. The Company, through its online and print media channels, is engaged in dissemination of current legislation and legal news, arts and entertainment. The Company provides advertisements in publications, both print and online, in the cannabis/hemp marketplace. It provides consulting services to companies who are in its industry. It contracts with companies to brand, market and sell their products and/or services. It sells licenses, both domestic and foreign, for the use of the Freedom Leaf brand that includes its products and services. The Company also incubates other companies in the cannabis industry. The Company’s magazine, The Good News in Marijuana Reform, reports on arts, fashion and lifestyle, all of the elements of the burgeoning cannabis movements. Freedom Leaf Inc. (OTCMKTS:FRLF) Recent Trading Information
Freedom Leaf Inc. (OTCMKTS:FRLF) closed its last trading session down -0.0130 at 0.0606 with shares trading hands.
