Welcome to our dedicated page for Leef Brands SEC filings (Ticker: LEEEF), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
LEEF Brands Inc. filings document the regulatory record for a California cannabis extraction and manufacturing company with public securities traded under LEEEF. Its S-1/A registration statement amendments describe offering-related disclosures, historical financial statements, property and equipment accounting, share structure and other issuer information tied to its public-company status.
Material-event reports add disclosures on material agreements, shareholder voting matters, governance items, capital-structure changes, security-structure matters, and operating and financial results. For this issuer, the filings center on cannabis operating economics, financing and share activity, and formal corporate actions reported through SEC filings.
Leef Brands, Inc. reported Q1 2026 net revenue of $9,377,002, essentially flat versus $9,398,261 a year earlier, but improved gross profit to $4,624,650 from $2,073,290 as cost of sales declined.
The company posted a net loss of $426,253 compared with net income of $265,776 in Q1 2025, driven partly by higher tax expense and derivative-related items. Cash rose to $5,755,972 from $2,190,722 at year-end, helped by $4,500,000 of equity financing including $3,000,000 of new Series A-1 preferred shares. As of March 31, 2026 Leef had a working capital surplus of $5,888,291 but an accumulated deficit of $139,803,363 and a stockholders’ deficit of $5,749,465, and management discloses substantial doubt about its ability to continue as a going concern.
Leef Brands, Inc. completed its previously announced merger with Standard Holdings, Inc. (SHI), making SHI a wholly owned subsidiary. As consideration, Leef Brands issued 12,592,960 common shares to SHI senior preferred holders and paid $10,000 in cash to SHI common and series seed preferred holders.
The merger shares are locked up for twelve months, with one-third released every four months after closing. Leef Brands also issued 1,095,040 common shares and warrants for 547,520 common shares at CAD$0.25 per share, with a two‑year term, to certain SHI executive officers and their affiliates as incentive compensation. All securities were issued as unregistered offerings under Section 4(a)(2) of the Securities Act.
Leef Brands Inc. director Andrew Glashow reported his initial holdings of a derivative equity award. He holds Restricted Stock Units representing rights to acquire 348,800 common shares at an exercise price of 0.2000 per share. These RSUs vest in twelve equal monthly installments beginning from the initial exercise date of 2025-12-04 and expire on 2035-12-04.
Leef Brands, Inc. has agreed to acquire Standard Holdings, Inc., parent of the HIMALAYA cannabis concentrates brand, through a merger. As consideration, Leef will issue 12,592,960 common shares to holders of SHI senior preferred stock and pay $10,000 in cash to SHI common and seed preferred holders.
The deal also includes 1,095,040 incentive shares and warrants for 547,520 shares at CAD$0.25 per share to certain SHI executives, supporting their continued service. The HIMALAYA acquisition, valued at about $2.5 million including warrants, is expected to close on or before April 30, 2026 and is intended to enhance Leef’s vertical integration and margins.
Leef Brands Inc. director and Chief Executive Officer Anderson Micah Payne has filed an initial ownership report detailing his equity stake. He directly holds 14,531,856 Common Shares, plus indirect holdings through three entities totaling several million additional shares. He also holds Restricted Stock Units convertible into 12,867,729 Common Shares at an exercise price of $0.20 per share, vesting in stages over three years from the initial exercise date, and a warrant for 16,000 Common Shares at $0.30 per share.
Leef Brands Inc. filed an initial ownership report for Chief Financial Officer Kevin John Wilson. The filing shows he directly holds 847,233 common shares plus several equity awards: restricted stock units for 6,433,864 underlying common shares at an exercise price of $0.20 expiring on 2035-12-04, options for 1,350,000 underlying common shares at $0.15 expiring on 2034-11-01, and warrants for 16,000 underlying common shares at $0.30 expiring on 2027-08-14. One third of certain shares vest on the initial exercise date and the rest in two equal annual installments.
Leef Brands Inc. director and Chief Revenue Officer Emily Ashley Heitman filed an initial ownership report showing substantial equity in the company. She holds restricted stock units covering 6,433,864 common shares at an exercise price of $0.20 per share, expiring on December 4, 2035. One third of these RSUs vested on the initial exercise date, with the rest vesting in two equal annual installments. She also directly owns 1,624,007 common shares and indirectly holds 6,399,564 common shares through the EH Trust, where she serves as trustee. The filing reports holdings only and does not show any recent share purchases or sales.
Leef Brands Inc. board chairman and CEO Micah P. Anderson filed a Schedule 13D disclosing a significant beneficial ownership position in the company’s common shares. As of March 26, 2026, he reported holding approximately 12.2% of Leef Brands’ outstanding common shares, based on 266,227,997 shares outstanding.
His stake comes from multiple sources, including shares issued in acquisitions, conversions of debt and debentures, vested restricted stock units, a private investment in public equity financing, long-term incentive equity awards, and open market purchases, along with additional shares he can acquire through warrants and vested RSUs within 60 days.
Leef Brands Inc. is a British Columbia–incorporated, vertically integrated cannabis company focused on bulk concentrates for brands in California and New York. It operates a 12,000 sq. ft. extraction facility and a 1,900‑acre Salisbury Canyon Ranch in Santa Barbara County, with 57 canopy acres planted in 2025 and permits for up to 179.9 acres.
Bulk concentrate-based sales to California and New York brands were $31.3 million in 2025, contributing to total revenue of $34.8 million, up 22% year over year. Gross margin improved from 27% in 2024 to 30% in 2025, with the second half reaching 41%, as in‑house cultivation began reducing biomass costs. The company remains unprofitable, reporting a net loss of $17.6 million for 2025 versus $24.6 million in 2024.
As of March 25, 2026, there were 266,227,997 common shares outstanding. Leef adopted a Bitcoin treasury strategy in December 2024, accumulating BTC through business transactions rather than cash purchases, and held approximately 81 full‑time employees as of December 31, 2025. Management highlights extensive regulatory, tax (Section 280E), banking, capital‑access, market, and product‑liability risks tied to operating in the U.S. cannabis industry, along with ongoing needs for additional financing and potential share dilution.
LEEF Brands, Inc. filed a Form 10 registration statement describing its vertically integrated cannabis extraction and cultivation platform and corporate status as an emerging growth company. The filing discloses 2024 concentrate sales of $28.5 million, net losses of $24.6 million (2024) and $17.6 million (2025), and 81 full-time employees as of March 25, 2026.
The company describes a multi-state footprint (California and New York), ownership of a 1,900‑acre Salisbury Canyon Ranch with 179.9 licensed acres (57 acres planted in 2025), extraction capacity in excess of 1 million lbs of concentrates annually, recent extraction-line expansions in early 2025, and a disclosed Bitcoin treasury strategy adopted December 2024.