LEEF Brands Begins Planting Salisbury Canyon Ranch, One of the Largest Cannabis Farms in the World
LEEF Brands Inc. (OTCQB: LEEEF) has begun planting cannabis at Salisbury Canyon Ranch, a 1,900-acre property poised to become one of the world's largest cannabis farms. The company is initially cultivating 65 acres with plans to expand to 187 acres by 2027.
The operation includes two harvests planned for 2025: a summer harvest for distillate production and a fall harvest focused on hydrocarbon and solventless extraction-optimized strains. LEEF also holds a 100-acre hemp permit for the property.
The ranch, acquired in 2023 for $5.5 million with $7 million in infrastructure improvements, was recently independently valued at $40 million. This valuation is approximately double the company's current market capitalization. The company expects the farm to drive margin improvements starting in H2 2025 through reduced input costs and enhanced supply chain control.
Additionally, LEEF issued 600,000 common shares at $0.24 CAD per share to settle $100,000 USD in payables.
LEEF Brands Inc. (OTCQB: LEEEF) ha iniziato a coltivare cannabis presso Salisbury Canyon Ranch, una proprietà di 1.900 acri destinata a diventare una delle più grandi aziende agricole di cannabis al mondo. L'azienda sta coltivando inizialmente 65 acri con l'intenzione di espandersi fino a 187 acri entro il 2027.
L'operazione prevede due raccolti programmati per il 2025: uno estivo per la produzione di distillati e uno autunnale focalizzato su varietà ottimizzate per l'estrazione con idrocarburi e senza solventi. LEEF detiene inoltre un permesso per la coltivazione di canapa su 100 acri della proprietà.
Il ranch, acquisito nel 2023 per 5,5 milioni di dollari con miglioramenti infrastrutturali per 7 milioni, è stato recentemente valutato indipendentemente a 40 milioni di dollari. Questa valutazione è circa il doppio della capitalizzazione di mercato attuale dell'azienda. Si prevede che la fattoria migliori i margini a partire dalla seconda metà del 2025 grazie alla riduzione dei costi di produzione e a un controllo più efficiente della catena di approvvigionamento.
Inoltre, LEEF ha emesso 600.000 azioni ordinarie a 0,24 CAD ciascuna per saldare debiti per 100.000 USD.
LEEF Brands Inc. (OTCQB: LEEEF) ha comenzado a plantar cannabis en Salisbury Canyon Ranch, una propiedad de 1,900 acres que se perfila como una de las granjas de cannabis más grandes del mundo. La compañía está cultivando inicialmente 65 acres con planes de expandirse a 187 acres para 2027.
La operación incluye dos cosechas previstas para 2025: una cosecha de verano para producción de destilados y una cosecha de otoño enfocada en variedades optimizadas para extracción con hidrocarburos y sin solventes. LEEF también posee un permiso para cultivar cáñamo en 100 acres de la propiedad.
El rancho, adquirido en 2023 por 5.5 millones de dólares con mejoras en infraestructura por 7 millones, fue valorado recientemente de manera independiente en 40 millones de dólares. Esta valoración es aproximadamente el doble de la capitalización de mercado actual de la compañía. Se espera que la granja impulse mejoras en los márgenes a partir de la segunda mitad de 2025 mediante la reducción de costos de insumos y un mayor control de la cadena de suministro.
Además, LEEF emitió 600,000 acciones comunes a 0.24 CAD por acción para saldar cuentas por pagar por 100,000 USD.
LEEF Brands Inc. (OTCQB: LEEEF)는 세계에서 가장 큰 대마초 농장 중 하나가 될 1,900에이커 규모의 Salisbury Canyon Ranch에서 대마초 재배를 시작했습니다. 회사는 처음에 65에이커를 재배하며 2027년까지 187에이커로 확장할 계획입니다.
이 사업은 2025년에 두 번의 수확을 계획하고 있습니다: 증류물 생산을 위한 여름 수확과 탄화수소 및 용매 없는 추출에 최적화된 품종을 위한 가을 수확입니다. 또한 LEEF는 이 부지에 대해 100에이커 규모의 대마 재배 허가를 보유하고 있습니다.
2023년에 550만 달러에 인수하고 700만 달러의 인프라 개선을 진행한 이 목장은 최근 독립적으로 4,000만 달러로 평가받았습니다. 이 평가는 회사의 현재 시가총액의 약 두 배에 해당합니다. 회사는 2025년 하반기부터 투입 비용 절감과 공급망 관리 강화로 마진 개선을 기대하고 있습니다.
추가로, LEEF는 10만 달러의 미지급금을 상환하기 위해 주당 0.24 캐나다 달러에 보통주 60만 주를 발행했습니다.
LEEF Brands Inc. (OTCQB : LEEEF) a commencé à planter du cannabis à Salisbury Canyon Ranch, une propriété de 1 900 acres destinée à devenir l'une des plus grandes fermes de cannabis au monde. L'entreprise cultive initialement 65 acres avec l'intention d'étendre à 187 acres d'ici 2027.
L'opération prévoit deux récoltes en 2025 : une récolte d'été pour la production de distillats et une récolte d'automne axée sur des variétés optimisées pour l'extraction par hydrocarbures et sans solvants. LEEF détient également un permis pour la culture du chanvre sur 100 acres de la propriété.
Le ranch, acquis en 2023 pour 5,5 millions de dollars avec 7 millions investis dans les infrastructures, a récemment été évalué de manière indépendante à 40 millions de dollars. Cette valorisation est environ le double de la capitalisation boursière actuelle de la société. L'entreprise prévoit que la ferme améliorera les marges à partir du second semestre 2025 grâce à la réduction des coûts d'intrants et un meilleur contrôle de la chaîne d'approvisionnement.
De plus, LEEF a émis 600 000 actions ordinaires à 0,24 CAD par action pour régler des dettes de 100 000 USD.
LEEF Brands Inc. (OTCQB: LEEEF) hat mit dem Anbau von Cannabis auf der Salisbury Canyon Ranch begonnen, einem 1.900 Acres großen Grundstück, das eine der weltweit größten Cannabisfarmen werden soll. Das Unternehmen kultiviert zunächst 65 Acres und plant eine Erweiterung auf 187 Acres bis 2027.
Der Betrieb sieht zwei Ernten im Jahr 2025 vor: eine Sommerernte für die Destillatproduktion und eine Herbsterte, die sich auf Sorten konzentriert, die für die Extraktion mit Kohlenwasserstoffen und lösungsmittelfreie Verfahren optimiert sind. LEEF besitzt außerdem eine Genehmigung für den Hanfanbau auf 100 Acres des Grundstücks.
Die Ranch, die 2023 für 5,5 Millionen US-Dollar erworben wurde und in die 7 Millionen US-Dollar in Infrastrukturmaßnahmen investiert wurden, wurde kürzlich unabhängig mit 40 Millionen US-Dollar bewertet. Diese Bewertung entspricht etwa dem Doppelten der aktuellen Marktkapitalisierung des Unternehmens. Das Unternehmen erwartet, dass die Farm ab der zweiten Hälfte 2025 die Margen durch reduzierte Inputkosten und verbesserte Kontrolle der Lieferkette steigert.
Zusätzlich gab LEEF 600.000 Stammaktien zu je 0,24 CAD aus, um Verbindlichkeiten in Höhe von 100.000 USD zu begleichen.
- Expansion to 187 acres of cannabis cultivation by 2027
- Property valued at $40M, representing ~7x return on initial $5.5M investment
- Two harvest cycles planned for 2025
- Expected margin improvements from H2 2025 through reduced input costs
- Share issuance of 600,000 common shares causing dilution
VANCOUVER, British Columbia, April 17, 2025 (GLOBE NEWSWIRE) -- LEEF Brands Inc. (CSE: LEEF) (OTCQB: LEEEF) (the “Company” or “LEEF Brands“), one of California’s largest and most sophisticated cannabis companies, has successfully begun planting Salisbury Canyon Ranch, a 1,900-acre trophy ranch that is set to become one of the largest cannabis farms in the world.
LEEF is planting 65 acres of cannabis this spring, and Salisbury Canyon Ranch will have two harvests this year—one in the summer and another in the fall. The summer harvest will primarily be used for distillate production, and the fall run will add strains optimized for hydrocarbon and solventless extraction.
The Company plans to expand operations to 187 acres of cannabis cultivation by 2027. LEEF also holds a 100-acre hemp permit for the property, which it is strategically evaluating for optimal implementation.
"This is the culmination of years of hard work and is a transformational milestone for our company," said Micah Anderson, Chief Executive Officer of LEEF Brands. "Salisbury Canyon Ranch represents not just a massive scaling of our production capabilities, but a fundamental shift in how we control our supply chain, ensure product quality, and manage costs."
By bringing cultivation in-house at this scale, LEEF expects to significantly reduce input costs while gaining greater control over supply and enhancing the quality of its concentrates. The farm is expected to drive margin improvements beginning in the second half of 2025 and beyond.
A Media Snippet accompanying this announcement is available by clicking on this link.
Salisbury Canyon Ranch Valuation
Salisbury Canyon Ranch was recently independently valued at
Jesse Redmond, Head of Investor Relations and Business Development, recently discussed the valuation and plans for planting the farm with our CEO, Micah Anderson, and CFO, Kevin Wilson. You can watch the full video here.
Corporate Update
LEEF issued 600,000 common shares at an average price of
About LEEF Brands, Inc.
LEEF Brands Inc. is a leading California-based extraction and manufacturing cannabis company, recognized for its large-scale vertical integration and as one of the state’s most sophisticated operators. With a comprehensive supply chain, cutting-edge manufacturing processes, and a dynamic bulk concentrate portfolio, LEEF powers some of the largest brands in the country. For more information, visit www.LeefBrands.com.
LEEF Brands Inc.
Per: Jesse Redmond, Head of Investor Relations and Business Development
Forward-Looking Statements
This news release contains certain forward-looking information and forward-looking statements, as defined in applicable securities laws (collectively, “forward-looking statements”), including, but not limited to, statements regarding the anticipated use of proceeds from the Financing and the Company’s future financial condition, operations, and objectives.
Forward-looking statements reflect current expectations or beliefs regarding future events or the Company’s future performance or financial results. All statements other than statements of historical fact are forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “continues”, “forecasts”, “projects”, “predicts”, “intends”, “anticipates”, “targets” or “believes”, or variations of, or the negatives of, such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “should”, “might” or “will” be taken, occur or be achieved. All forward-looking statements, including those herein, are qualified by this cautionary statement.
Although the Company believes that the expectations expressed in such statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the statements.
There are certain factors that could cause actual results to differ materially from those in the forward-looking information, including, but not limited to, the risks disclosed in the Company’s public filings on the Company’s issuer profile on SEDAR+ at www.sedarplus.ca. Accordingly, readers should not place undue reliance on forward-looking statements.
For more information on the Company, investors are encouraged to review the Company’s public filings on SEDAR+ at www.sedarplus.ca.
The forward-looking statements and financial outlooks contained in this news release speak only as of the date of this news release or as of the date or dates specified in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
LEEF Brands, Inc., Jesse Redmond, Head of Investor Relations and Business Development, 707-703-4111, ir@leefca.com
FAQ
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