Freedom Leaf Secures Branding Deal with NORML
Ryan Allway
November 25th, 2015
News, Top News
[stockchart symbol=FRLF]
Freedom Leaf Inc. [stockquote symbol=FRLF], a leading marijuana news, multimedia, entertainment, branding, business development, and incubator, recently announced a brand management agreement with NORML, the oldest, largest, and most famous non-profit pro-cannabis advocacy group in the country. Under the terms of the agreement, Freedom Leaf will solicit companies to join the NORML business network, develop the brand, and generate sales.
“I know from personal experience how difficult it is for an activist organization to raise funds and vet prospective business support, and now to get support from businesses in the emerging marijuana industries, all of which is essential, but a distraction from advocacy,” said Richard Cowan, Co-Founder of Freedom Leaf. “That is why I joined with Cliff Perry to create Freedom Leaf to support NORML and to encourage others to do the same.”
Freedom Leaf Co-Founder Richard Cowan served as National Director of NORML from 1992 to 1995 and ranked as its largest financial supporter last year, with approximately $200,000 in cash contributions.
“By helping to manage many of the NORML business aspects, Freedom Leaf, Inc. can help our team focus on NORML’s real goal: ending cannabis prohibition and being an advocate for the consumer in states that have legalized Cannabis and Hemp,” said Allen St. Pierre, Executive Director of NORML.
Through merchandising and licensing agreements, Freedom Leaf hopes to earn incremental revenue for both NORML and its own shareholders under the agreement.
Shares of Freedom Leaf Inc. were unchanged in early trading on Wednesday, November 25, 2015 following the news release.
This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.
About Ryan Allway
Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.
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