CANNAINVESTOR Magazine March / April 2017 - Page 49

Retail Investor's Perspective

For many retail investors, participating in private placements has not been possible due to not being an Accredited Investor (AI). True Leaf has been approved for an offering that exempts participants from the AI requirement. For more information: TRUE LEAF OFFERING This is not a recommendation to participate in the offering or to invest but rather sharing a current example of how the typical Retail Investor can participate in opportunities traditionally reserved only for Accredited Investors.

There are other companies looking at this sector and one to keep an eye on may be Liberty Leaf Holdings Ltd (CSE:LIB; OTC:WSSRF) as not only is this company intending to expand into California with its recent Letter of Intent (LOI) for a 27.5% stake of GR8 Track Inc, but has also signalled its intent to enter the pet market. Per their March 2nd news release:

Veterinarians have been quietly recommending CBD derived supplements to pets and we view this as an untapped market to position Liberty Leaf in” Will Rascan, President and CEO of Liberty Leaf. “CBD pet products such as oils and chews are quickly gaining traction with pet owners to treat suffering from a variety of ailments such as arthritic pain associated with age, anxiety issues and the side effects associated with cancer treatments. Just as we’ve seen the use of cannabis and CBD grow in popularity to treat people by using natural products versus pharmaceuticals, it only stands to reason that the same approach will be used for the pets we all care about … Recent data from the U.S. Bureau of Labor Statistics, the U.S. Census Bureau, the National Pet Owners Survey conducted biannually by the American Pet Products Association, and other resources report that US$77 billion is spent by US consumers on their pets annually. LIN NR

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