North Road Ventures was acquired by Liberty Leaf in October, 2016. It is an emerging distributor of cultivated and manufactured cannabis products to licenced legal retailers. The company is expanding into the recreational market.
North Road currently occupies a leased commercial space in Metro Vancouver. North Road has an application pending with Health Canada for a ACMPR license for the distribution of up to 7,500 kilos (16,500 pounds) of cannabis in its first year of operations.
North Road’s personnel include a marijuana expert with over ten years’ experience, retired from the RCMP; a manufacturing and logistics expert; and a management consultant with four years’ experience advising in Canada’s legal marijuana industry.
Since April 1, 2014, new producers have been required to be licensed by Health Canada and to conform to strict new regulations. Due to the stringent requirements, only 52 licenses have been issued under the ACMPR since their implementation. It is North Road’s intent to become an ever-larger player in the expanding medical marijuana Industry, using their expertise in logistics and distribution.
North Road Ventures, a wholly-owned subsidiary of Liberty Leaf Holdings Ltd. (CSE: LIB, OTCQB: LIBFF and FSE: HN3P)