Green Leaf Innovations Announces Q1 Corporate Update and Board Resolution
Green Leaf Innovations (OTCPK:GRLF), a premium cigar and tobacco products company, has released its Q1 2025 corporate update highlighting continued growth following a record revenue year in 2024. The company's expansion was primarily driven by the SOFLO Wholesaler Group acquisition, extending its distribution network to over 400 retail locations across the United States.
In a significant development, the Board of Directors has announced plans for a stock buyback program, expected to launch in Q3 2025, while deciding against a reverse stock split. CEO Roberto Mederos emphasized that 2024 served as a foundation-building year, with the company now focused on aggressive expansion and improved operating efficiency throughout 2025.
Green Leaf Innovations (OTCPK:GRLF), azienda di prodotti premium per sigari e tabacco, ha pubblicato l'aggiornamento aziendale del primo trimestre 2025, evidenziando una crescita continua dopo un anno record di ricavi nel 2024. L'espansione dell'azienda è stata principalmente guidata dall'acquisizione di SOFLO Wholesaler Group, che ha esteso la rete di distribuzione a oltre 400 punti vendita negli Stati Uniti.
In un importante sviluppo, il Consiglio di Amministrazione ha annunciato i piani per un programma di riacquisto di azioni, previsto per il terzo trimestre 2025, escludendo però un frazionamento inverso delle azioni. Il CEO Roberto Mederos ha sottolineato che il 2024 è stato un anno di consolidamento, con l'azienda ora focalizzata su una crescita aggressiva e un miglioramento dell'efficienza operativa per tutto il 2025.
Green Leaf Innovations (OTCPK:GRLF), una empresa de productos premium de cigarros y tabaco, ha publicado su actualización corporativa del primer trimestre de 2025, destacando un crecimiento continuo tras un año récord de ingresos en 2024. La expansión de la compañía fue impulsada principalmente por la adquisición de SOFLO Wholesaler Group, ampliando su red de distribución a más de 400 puntos de venta en Estados Unidos.
En un desarrollo significativo, la Junta Directiva anunció planes para un programa de recompra de acciones, que se espera lanzar en el tercer trimestre de 2025, descartando una división inversa de acciones. El CEO Roberto Mederos enfatizó que 2024 fue un año de consolidación, y que ahora la empresa se enfoca en una expansión agresiva y en mejorar la eficiencia operativa durante 2025.
Green Leaf Innovations (OTCPK:GRLF)는 프리미엄 시가 및 담배 제품 회사로서 2024년 기록적인 매출 이후 지속적인 성장을 강조하는 2025년 1분기 기업 업데이트를 발표했습니다. 회사의 확장은 주로 SOFLO 도매업체 그룹 인수에 의해 주도되었으며, 미국 전역 400개 이상의 소매점으로 유통망을 확장했습니다.
중요한 발전으로 이사회는 2025년 3분기에 시작될 예정인 자사주 매입 프로그램 계획을 발표했으며, 주식 병합은 하지 않기로 결정했습니다. CEO 로베르토 메데로스는 2024년이 기반을 다지는 해였으며, 이제 회사는 2025년 내내 공격적인 확장과 운영 효율성 향상에 집중하고 있다고 강조했습니다.
Green Leaf Innovations (OTCPK:GRLF), une entreprise de produits premium pour cigares et tabac, a publié sa mise à jour corporative du premier trimestre 2025, soulignant une croissance continue après une année record de revenus en 2024. L'expansion de la société a été principalement portée par l'acquisition du groupe SOFLO Wholesaler, étendant son réseau de distribution à plus de 400 points de vente aux États-Unis.
Dans un développement important, le conseil d'administration a annoncé des plans pour un programme de rachat d'actions, prévu pour le troisième trimestre 2025, tout en décidant de ne pas procéder à une division inversée des actions. Le PDG Roberto Mederos a souligné que 2024 avait été une année de consolidation, l'entreprise se concentrant désormais sur une expansion agressive et une amélioration de l'efficacité opérationnelle tout au long de 2025.
Green Leaf Innovations (OTCPK:GRLF), ein Unternehmen für Premium-Zigarren und Tabakprodukte, hat sein Unternehmensupdate für das erste Quartal 2025 veröffentlicht und dabei ein anhaltendes Wachstum nach einem Rekordumsatzjahr 2024 hervorgehoben. Das Wachstum des Unternehmens wurde hauptsächlich durch die Übernahme der SOFLO Wholesaler Group vorangetrieben, wodurch das Vertriebsnetz auf über 400 Einzelhandelsstandorte in den USA ausgeweitet wurde.
In einer bedeutenden Entwicklung hat der Vorstand Pläne für ein Aktienrückkaufprogramm angekündigt, das im dritten Quartal 2025 starten soll, während eine Aktiensplit-Rückführung abgelehnt wurde. CEO Roberto Mederos betonte, dass 2024 ein Jahr des Aufbaus war und das Unternehmen sich nun auf aggressive Expansion und verbesserte Betriebseffizienz im Jahr 2025 konzentriert.
- Record annual revenue achieved in 2024
- Distribution network expanded to over 400 retail locations nationwide
- Planned stock buyback program to be launched in Q3 2025
- Strategic acquisition of SOFLO Wholesaler Group strengthened market position
- None.
PEMBROKE PINES, FL / ACCESS Newswire / April 23, 2025 / Green Leaf Innovations, Inc. (OTCPK:GRLF), an emerging growth company specializing in the marketing and distribution of handmade premium cigars and packaged tobacco products, its first-quarter corporate update and a key Board resolution focused on enhancing shareholder value.
Corporate Update: Strong Growth Trajectory.
Green Leaf Innovations continues to build on the significant momentum achieved in 2024, primarily driven by the strategic acquisition of SOFLO Wholesaler Group, Inc. This acquisition has substantially strengthened the company's market position, resulting in record annual revenue in 2024.
The company's premium cigar products are now distributed to a diverse and expanding customer base exceeding 400 retail locations, including cigar lounges, smoke shops, convenience stores, and vape shops throughout the United States. Management remains strategically focused on expanding its distribution network to capture additional market share and maximize growth opportunities.
CEO Roberto Mederos has characterized 2024 as a foundation-building year with a clear strategy for aggressive expansion. Building on this strong foundation, Green Leaf Innovations projects continued revenue growth and improved operating efficiency throughout 2025.
Board Resolution: Commitment to Shareholder Value through Stock Buyback.
The Board of Directors has made a significant resolution regarding the company's capital strategy. Recognizing Green Leaf's robust growth potential and commitment to prudent financial stewardship, the Board has resolved not to pursue a reverse stock split at this time. Instead, as revenue continues to increase, the company will focus on implementing a stock buyback program, anticipated to launch as early as Q3 2025. This strategic initiative underscores the Board's confidence in the company's future performance and its dedication to maximizing long-term shareholder value.
Our consistent growth trajectory, coupled with our optimized capital structure, positions Green Leaf Innovations for sustained success," said Roberto Mederos, CEO. "The Board's decision to prioritize a stock buyback program rather than a reverse split reflects our strong belief in the company's intrinsic value and reinforces our unwavering commitment to delivering superior returns to our shareholders."
About Green Leaf Innovations, Inc.
Green Leaf Innovations, Inc. is a premier distributor of handmade premium cigars, including renowned brands such as MEDEROS, MAL.CRI.AO, COCOA (MGE Antalya) CUBANACAN and TABACALERA SERRANO and others. With a commitment to excellence, Green Leaf Innovations is dedicated to delivering the finest products to cigar enthusiasts across the United States. The company is proud to support legislative efforts that protect the integrity of the premium cigar industry.
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Email: info@greenleafinnovation.com
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. The Company may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Annual Reports on Form 10-K and its other filings with the Securities and Exchange Commission. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. The Company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise.
SOURCE: Green Leaf Innovations, Inc.
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