Welcome to our dedicated page for Leef Brands news (Ticker: LEEEF), a resource for investors and traders seeking the latest updates and insights on Leef Brands stock.
LEEF Brands Inc. reports news on its California cannabis extraction, manufacturing and vertically integrated supply chain operations. Company updates include financial results, cost and operating changes, bulk concentrate production, brand and wellness product activity, and cultivation development at Salisbury Canyon Ranch, a large California ranch used to expand cannabis supply for distillate, hydrocarbon and solventless extraction.
LEEF news also covers capital actions, common-share settlements and its Bitcoin treasury and payments strategy, including Bitcoin holdings, business-to-business acceptance and point-of-sale use at The Leaf at El Paseo. Product and marketing announcements have included LEEF Organics, Paleo Paw and Well-Kept CBD Infused Honey.
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LEEF Brands Inc. (CSE: LEEF, OTCQB: LEEEF) announced the resignation of director Brandon Kou, effective March 3, 2023. Micah Anderson, CEO, expressed gratitude for Kou's contributions and confirmed that the search for a new board member has commenced. Additionally, LEEF approved the issuance of 799,528 restricted stock units (RSUs) to consultants, with 476,947 vesting immediately and the remainder over 12 months. The company also issued 3,973,081 common shares at $0.08 per share to settle a $200,000 note payable, including accrued interest. LEEF aims to continue producing top-tier cannabis products in California.
LEEF Brands Inc. has announced an exclusive sales and licensing agreement with Buddies Brand, a top ten cannabis brand in California known for vapes and concentrates. This partnership aims to leverage combined sales expertise to enhance product distribution and increase efficiency between the two companies. CEO Micah Anderson emphasizes the strategic importance of adding Buddies to LEEF's portfolio to maximize investments in sales and improve revenue per retail location. Buddies CEO Michael Cook also expressed enthusiasm for the collaboration, highlighting the potential benefits for both brands in the competitive California market.