Mr. Will Rascan reports

LIBERTY LEAF HOLDINGS LTD. ANNOUNCES CLOSING OF $2 MILLION FINANCING

Liberty Leaf Holdings Ltd. has closed a non-brokered private placement financing for total gross proceeds of $2-million.

The company has allotted and issued five million units at a price of 40 cents per unit. Each unit consists of one common share and one-half of one transferable share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share of the company for a period of up to 24 months at a price of 60 cents.

In addition, the company has paid finder's fees of a total of $6,250 and issued an aggregate 259,485 finder's units. Each finders unit consists of one common share and one-half of one non-transferable share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share of the company for a period of up to 24 months at a price of 60 cents.

"Liberty Leaf is pleased to have cornerstone investors from the cannabis industry participate in our equity offering," said Will Rascan, president and chief executive officer of Liberty Leaf.

Proceeds will be used to accelerate the facility build-outs for both of the company's North Road Ventures and Just Kush Enterprises operations, seeking out revenue generating cannabis related ventures, and general working capital.

All securities issued under the private placement are subject to a four-month-and-one-day hold period expiring on May 23, 2018.

About Liberty Leaf Holdings Ltd.

Liberty Leaf is a new Canadian-based, public company whose focus is to build and support a diversified portfolio of cannabis-sector businesses, including cultivation, processing, value-added cannabidiol/tetrahydrocannabinol pet products and supply chain products within this dynamic and fast-growing sector.

Liberty Leaf owns a 60-per-cent interest in Just Kush, along with 100 per cent of North Road Ventures, which is another late-stage applicant under Health Canada's Access to Cannabis for Medical Purposes Regulations.

We seek Safe Harbor.