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To: Goose94 who wrote (23444)	10/27/2016 8:05:21 PM
From: Goose94	Read Replies (1) \| Respond to of 203028

LIB-Cse new 52 week high, 22.5 cents

To: Goose94 who wrote (23444)	11/1/2016 9:23:23 AM
From: Goose94	Read Replies (2) \| Respond to of 203028

Liberty Leaf Holdings (LIB-Cse) Nov 1st 2016 has entered into a memorandum of understanding (MOU) to purchase an interest in a California-based, Cannabis Botanical Group (CBG). As an industry first mover, CBG is a licensed leader in the production, cultivation and distribution of "high-grade" medicinal and/or recreational cannabis. An interest in CBG shall also include rights to local and state licensed production. "With a seasoned management team that has over five years of experience in the Regulated Medical Cannabis Industry, six dispensaries, four revenue producing warehouse grows and a valuable distribution license underneath the CBG umbrella, we are confident that an investment will well position Liberty Leaf and their shareholders for growth in California, the largest cannabis market in the United States." said Will Rascan, CEO of Liberty Leaf. "Liberty Leaf continues to progress our business model and source opportunities in the global legal cannabis industry and we are very excited about this opportunity within the multi-billion dollar legal cannabis industry in the USA ." A spokesperson for CBG stated: "CBG is already well positioned in the current landscape and will continue to expand its growth in both medical retail and commercial cultivation with or without the passing of recreational. California Proposition 64 vote will only advance the efforts to expand to a larger market by collapsing the current time frames set for expansion." The details are yet to be determined and will be set out in a definitive agreement upon the Company's satisfactory due diligence period of up to 90 days to assess product analysis, terms and conditions and any legal issues for distribution of assets in Canada. California Cannabis Market California became the first medical cannabis state in 1996 when voters passed Proposition 215 and now has a well-established medical cannabis market. Legal cannabis sales in California reached $5.4 billion in 2015 and the market for legal cannabis is projected to soar to $22B billion in revenue in 2020. California Proposition 64, the California marijuana legalization initiative, will be on the ballot November 8, 2016. For further info on the Company please visit www.libleaf.com or email info@libleaf.com. For more information about this press release, contact: On Behalf of the Board Will Rascan, President & CEO Liberty Leaf Holdings Ltd. Phone: 604-683-3995