Freedom Leaf Inc. announced that Merida Capital Partners Senior Partner David Goldburg has been named Chairman of company's Board of Directors. Mr. Goldburg replaces Paul F. Pelosi Jr., who leaves the Board to devote more time to his other business endeavors. Mr. Goldburg has specialized in credit investing for the past 25 years, having managed investment portfolios at leading Wall Street firms and hedge funds.

Prior to joining Merida in 2017, Mr. Goldburg established the New York office of Silver Rock Financial, the Milken family office. Mr. Goldburg also served as a Managing Director at Goldman Sachs, overseeing a billion dollar proprietary investment portfolio. The company also announced the promotion of Laurence Ruhe, currently the company's controller, to Chief Financial Officer.

Ruhe replaces Richard Groberg, who will remain on the company's Board and also serve on the Board's newly-formed Finance Committee. Mr. Ruhe joined Freedom Leaf in July with over 30 years of finance experience, most recently as SVP of Global Finance at BMM International.