NEW YORK, March 16, 2017 (GLOBE NEWSWIRE) -- Green Leaf Investment Fund, Inc. (GLIF) is pleased to announce that it will be launching our Regulation A+ offering on CrowdVest starting today. The offering will allow Green Leaf to raise up to $10.2 million, with a goal of $5 million set by the company. The offering is up to 21,250,000 shares of common stock, priced at $0.48 per share.
Interested investors can learn more about the offering by contacting Douglas DiSanti, Chief Executive Officer of Green Leaf Investment Fund, Inc.
Douglas DiSanti, CEO of Green Leaf Investment Fund, said, "Today's IPO markets are clearly broken and only favoring those with the right connections or individuals with large net worths. The SEC has completely changed the game through its recent mandate under Reg. A+, which allows emerging companies to raise funds and allow every day investors to participate in a pre IPO offering." DiSanti continued, "Monster Beverage, Quicksilver and General Growth Partners, to name a few, started out as penny stocks and are now some of the largest companies in their sector."
John Prettitore, CFO, said, "Green Leaf Investment fund will operate as a real estate company offering warehouse and greenhouse properties to cannabis growers. GLIF invests in and develops real estate throughout the U.S., focusing on states that are currently legal for recreational and medical cannabis use. We capitalize the real estate infrastructure for category-leading businesses, such as dispensaries, grows and marijuana infused products, which are scalable and can be leveraged to other growth markets. We leverage the lack of banking, capital, traditional financing and liquidity available to businesses in the Cannabis Industry to generate attractive returns for the Fund."
Patrick O’Donnell, COO, added, “This offering will allow us to acquire properties that we have already identified as viable investments in legal markets. Upon conversion of the IP into a zoned cultivation facility the value of the property appreciates significantly. It is not uncommon to see growers lease these facilities at 4 to 5 times the market rate. Investing in our offering allows you access to a high growth opportunity at the inception of the deal. Our team has transacted billions of dollars in real estate deals and we look forward to providing significant returns to our investors.”
About Green Leaf Investment Fund Inc.
Green Leaf Investment Fund (GLIF) Inc. is an early-stage company that intends to provide facilities optimized for the cultivation, production and distribution of cannabis in compliance with U.S. state and local regulations for both medical and recreational use. GLIF will purchase warehouse or greenhouse properties in states that currently have cannabis legalization laws in place or anticipated to be in place in the near future. GLIF will then lease these properties to cannabis growers on a NNN basis. For more information, please visit www.greenleafinvestmentfund.com.
Note to Investors
This press release is for informational purposes. This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 1-A filed approved on July 21, 2016. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. The Form 1-A approved on July 21, 2016, together with this press release is available on our website, www.greenleafinvestmentfund.com. Please click on "Investor Relations."