Business
Freedom Leaf's New European Licensees Drive Revenue
Freedom Leaf's New European Licensees Drive Revenue.
About this update from Hemp, Inc.
[{"type":"text","content":"\n \n \n Freedom Leaf's New European Licensees Drive Revenue\n \n \nFreedom Leaf's New European Licensees Drive Revenue\n\nFreedom Leaf, Inc. Signs MOU for $250,000USD for a Second International License Agreement, This Time for Spain\n\n \n LAS VEGAS, NV--(Marketwired - Jun 8, 2016) - Freedom Leaf, Inc., (OTC PINK: FRLF), the successful publishing and licensing company behind the legal cannabis industry, has quickly reached important revenue-driving milestones in Spain and The Netherlands in its international branding effort.\n \n \n Netherlands partner sends payment ahead of schedule\n \nThis will bring the total payments to $50,000 received toward $250,000 contract\n \nNew licensee in Spain signs MOU requiring a $25,000 deposit on a $250,000 licensing fee\n \n \n \"I'm pleased with our success in rapidly bringing in two new European licensees,\" said Cliff Perry, Publisher and CEO of Freedom Leaf, Inc. \"We've added overseas clients at a much faster rate than anticipated. The company is only two years old and we have earned the credibility to attract overseas licensees. A great feat in such a short time period.\"\n Freedom Leaf is receiving a non-refundable deposit of $25,000 against a total licensing fee of $250,000 under a mutual letter of understanding to provide its premier content and brand to Freedom Leaf Iberia BV, a freshly-launched licensee in Spain led by Federico Pando, a leading branding developer for international companies in the Spanish speaking Cannabis Industry. The final contract will be signed by June 30. Mr. Pando has worked for WeedMaps (an online legal marijuana community that allows users to review and discuss cannabis strains and local dispensaries), developing their overseas business and branding strategy. He has already negotiated a strategic relationship between Freedom Leaf and LaMarihuana.com the largest Spanish website in the world about everything marijuana. Freedom Leaf and LaMarihuana will be featured on each other's sites and will trade original content.  Mr. Pando stated, \"Spain is currently Europe's leading Cannabis and Industrial HEMP industry hub, it just made sense to join Freedom Leaf to start industry specific platforms that focus on content, education, entertainment, business and activism; all at the same time.\"\n In May, Freedom Leaf signed its first internationa...