Expected Passing of Farm Bill to Influence Expansion of Hemp and Cannabis Grow Projects - Seite 2

Other recent developments and major influences in the cannabis industry include: 

MedMen Enterprises Inc (CSE:MMEN.CN) (OTCQX:MMNFF) recently announced it has closed its previously announced acquisition (the "Acquisition") of a dispensary license in Emeryville, California from B12, LLC. Pursuant to the Acquisition, the Company paid a combination of cash at closing and shares of MedMen in an undisclosed amount.* The transaction closed within 90 days of signing. With the closing of the Acquisition, MedMen will have one of only two adult-use cannabis dispensary licenses issued in the City of Emeryville, just outside San Francisco. MedMen currently operates eight dispensaries in Southern California. The Emeryville dispensary will be located in the commercial heart of the East Bay and is expected to open in 2019.

*The Company does not disclose deal values for transactions it deems immaterial from a purchase price standpoint.

Isodiol International Inc. (CSE:ISOL.CN) (OTCQB:ISOLF), expanding the company's sales channels and entering the golf market driving CBD performance products to golf enthusiasts and professionals, recently announced the appointment of Mr. Trent Gray as channel manager of the Iso-Sport Golf Division. With an undeniable passion for golf spanning nearly four decades, Gray's experience in the sport from the fairway to the clubhouse is impressive. He was introduced to golf at the age of 8 and began playing and winning local club tournaments and junior championships just a few short years later. He would go on to compete at a high level in district and state tournaments throughout his youth. Before his first year of college was over, Gray was offered his first official job in golf as an Assistant Golf Professional. This began a career in the industry with jobs ranging from Tournament Director to Head Golf Professional.

Freedom Leaf Inc. (OTCQB:FRLF) recently announced it has entered into an LOI to acquire Hemp2o, a brand of hemp-infused beverages co-founded by San Francisco cannabis entrepreneur and rapper Gilbert Milam Jr., better known by his stage name Berner. Hemp2o, which offers eight flavors of organic hemp-infused beverages including top selling flavors "Sunset Sherbert", "Strawberry Watermelon", and "Blueberry Apricot", expects to generate over $2.0 million of revenue in calendar 2018. Its beverages are currently sold by national retailers including selected Whole Foods on the W. Coast, 700 Safeway/Albertsons on the W. Coast and in the S. West, selected Target locations in Los Angeles and San Francisco as well as on Amazon.com. The transaction, which involves a combination of both cash and Freedom Leaf stock, is expected to close in December. The addition of Hemp2o to the Freedom Leaf family of CBD brands will expand the spectrum of Freedom Leaf products into virtually every delivery medium, adding beverages to its current SKUs of tinctures, vaporizers, and transdermal creams. The combined companies will also benefit from consolidated production operations and economies of scale on selling through both of the respective companies' sales channels.