Welcome to our dedicated page for Leef Brands news (Ticker: LEEED), a resource for investors and traders seeking the latest updates and insights on Leef Brands stock.
LEEF Brands Inc. (LEEED) is a vertically integrated leader in cannabis extraction and manufacturing, producing premium concentrates for California's regulated market. This page aggregates official announcements and verified news covering operational milestones, regulatory compliance, and strategic initiatives.
Investors and industry observers will find timely updates on earnings reports, extraction technology advancements, and supply chain developments. The curated news selection emphasizes LEEF Brands' commitment to quality control through its closed-loop production system and adherence to strict manufacturing protocols.
Key focus areas include vertical integration benefits, bulk concentrate production, and regulatory adaptation strategies. All content undergoes verification to ensure accuracy and relevance for stakeholders monitoring the cannabis sector's evolving landscape.
Bookmark this page for streamlined access to LEEF Brands' latest developments, including partnership announcements, facility expansions, and market positioning updates within California's competitive cannabis industry.
LEEF Brands announces its groundbreaking move to adopt Bitcoin as a treasury reserve asset, becoming one of the first publicly traded cannabis companies to take this step. The company has entered into an agreement with Canaccord Genuity for a US$5 million convertible debenture offering, with potential for an additional US$750,000 through an Over-Allotment Option.
The debentures, due in 2030, will bear 10% annual interest and be convertible to common shares at US$0.18 per share. They will be secured by Bitcoin holdings, making them the company's first lien debt obligations regarding Bitcoin assets. LEEF has already acquired 3.937 Bitcoin at an average cost of US$88,255.17, stored in a multi-signature cold wallet.
LEEF Brands has successfully closed a private placement financing, raising CAD$2,118,375 through the issuance of 8,473,500 units at CAD$0.25 per unit. Each unit includes one common share and one purchase warrant exercisable at CAD$0.40 for two years.
The proceeds will fund growth initiatives, including the completion of Salisbury Canyon Ranch and new market opportunities. The company's CEO, Micah Anderson, participated by acquiring 140,000 units for CAD$35,000. The financing included a cash fee of CAD$50,400 and 201,600 finder's warrants as compensation to a finder.
All securities issued are subject to a four-month and one-day hold period in Canada.
