Today's News Release
Liberty Leaf cheers Blox Labs deal with Best Cannabis
2019-03-01 12:34 PT - News Release
Mr. William Rascan reports
LIBERTY LEAF CONGRATULATES BLOX LABS ON MOVE TO CANNABIS SECTOR
Liberty Leaf Holdings Ltd. has congratulated Blox Labs Inc. on entering into a definitive agreement with Best Cannabis Products (BCP) and its move into the cannabis sector.
BCP is headquartered in Toronto, Ontario and is backed by a group of successful entrepreneurs who have extensive experience in the areas of manufacturing, logistics and renewable energy. BCP has secured a state-of-the-art agricultural facility in Leamington, Ontario - a preeminent locale for cannabis cultivation in Canada. The current facility consists of 180,000 square feet of cultivation space and is situated on 50 acres of land. BCP is in the process of submitting its final Licensed Producer application under the Cannabis Act.
Liberty Leaf holds 2,000,001 shares of Blox Labs, 666,667 shares purchased through a private placement closed in June 2018 and 1,333,334 received in July 2018 pursuant to a 3 for 1 stock split.
As disclosed on November 29, 2018 Liberty Leaf Holdings Ltd.'s subsidiary, Just Kush Enterprises Ltd., submitted its affirmation of readiness evidence package to Health Canada. The Company anticipates Health Canada's review of the evidence package in due course and issuance of its cannabis production license shortly thereafter.
The company has a production facility situated on 13 acres in the Okanagan Valley near Oliver, B.C. It is also an applicant for cannabis licences that will enable it to cultivate, process and sell cannabis for the medicinal and recreational market