Leef Brands Inc.

Leef Brands Inc.

LEEEF
Leef Brands Inc.US flagOther OTC
0.16
USD
-0.01
- -
32.91MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2017 Y
2019 Y
2020 Y
2021 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
0.02
0.31
0.34
0.61
0.37
0.26
0.2
0.19
0.17
Basic EPS, GAAP
-15.59
-34.47
-0.2
-0.31
- -
-0.73
-0.34
-0.28
-0.14
-0.4
-0.3
-0.17
-0.1
-0.09
Free Cash Flow per Basic Share
-0.56
-0.13
-0.18
-0.35
- -
-0.26
-0.15
-0.09
-0.01
-0.09
-0.06
-0.05
-0.01
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.01
- -
- -
- -
Book Value per Share
-23.28
-53.99
-53.97
-28.39
- -
5.06
1.7
1.42
-0.63
0.33
-0.02
-0.08
-0.04
-0.68
Tangible Book Value per Share
35.89
-4.35
-4.53
2.13
- -
0.19
1.07
0.91
0.12
-0.02
-0.03
-0.1
-0.05
-0.04
Basic Weighted Avg Shares
- -
- -
- -
- -
5
5
19
23
55
73
116
143
185
205
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
6
8
33
27
31
28
35
35
Operating Margin (%)
- -
- -
- -
- -
- -
-3,680.43
-99.8
-45.68
-8.23
-60.69
-20.4
-18.69
-15.1
-5.93
Depreciation Expense
- -
- -
- -
- -
- -
- -
3
2
2
2
2
2
2
2
Net Income, GAAP
-2
-5
- -
- -
- -
-3
-6
-6
-8
-29
-35
-25
-18
-18
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
177.74
Profit Margin (%)
- -
- -
- -
- -
- -
-4,223.24
-107.84
-80.72
-23.1
-107.11
-114.24
-86.41
-50.68
-52.7
Working Capital
-1
-1
-1
1
- -
-1
3
1
-7
1
-13
-1
- -
6
LT Debt
- -
- -
- -
- -
- -
- -
1
1
1
10
10
22
11
11
Total Equity
5
-1
-1
1
- -
41
37
37
7
28
1
-12
-8
-6
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
3.28
Return on Common Equity (%)
- -
- -
- -
- -
- -
-28.98
-22.84
-19.62
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
3
1
1
LT Borrowings
19
10
10
LT Finance Leases
2
2
2
Preferred Equity and Hybrid Capital
- -
- -
2
Shares Outstanding
186
258
266
Market Capitalization
40
28
36

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
10
8
14
Cash, Cash Equivalents & STI
2
2
6
Accounts Receivable, Net
3
2
3
Inventories
4
3
4
Total Current Liabilities
28
8
8
Payables & Accruals
25
7
7
ST Debt
3
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-293.24%
-33.5%
Free Cash Flow
- -
162.08%
-79.64%
Net Income, GAAP
- -
51.81%
-28.4%
Sales/Revenue/Turnover
- -
67.05%
22.08%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8
8
7
6
28
2025
9
9
8
8
35
2026
9
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
-0.04
-0.06
- -
-0.17
2025
- -
-0.02
-0.02
- -
-0.1
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Micah Anderson
Full Time Employees
72
Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
Address
Park Place Vancouver BC Canada V6C 2X8
IPO Date
Jan 8, 2021
Business
Leef Brands Inc. (CSE: LEEF, OTCQB: LEEEF) operates as a vertically integrated cannabis company focused on extraction, manufacturing, cultivation, and distribution of premium cannabis products in the United States. The company produces a diverse portfolio of bulk concentrates including hydrocarbon extracts, ethanol extracts, solventless products, and distillates; offers white labeling services; manages cultivation at its 1,900-acre Salisbury Canyon Ranch in California with advanced genetic libraries and technology for high-quality biomass optimized for extraction; and operates retail cannabis stores. Leef Brands serves major cannabis brands and retailers primarily through its wholesale concentrates segment, with additional revenue from retail operations. Headquartered in Vancouver, British Columbia, Canada, and founded in 2011, the company maintains primary operations in California and has expanded as a multi-state operator into New York. Its state-of-the-art processing facilities employ pharmaceutical-grade purification, industry-leading extraction methods, and formulation practices to ensure consistency and quality. In recent developments, Leef Brands completed the acquisition of a Tier 1 cannabis processor license in New York in June 2025, launched its New York lab operations in September 2025, and reported breakout Q3 2025 earnings in October 2025 driven by operational improvements at Salisbury Canyon Ranch including successful summer and fall harvests, 24% year-over-year revenue growth, gross margins more than doubling, positive adjusted EBITDA, and positive free cash flow. The company executed initial harvests at the ranch—acquired in 2023 for $5.5 million and recently valued at $40 million—targeting distillate production and specialized strains for hydrocarbon and solventless extraction, alongside a 100-acre hemp permit. Senior leadership, including CEO Micah Anderson and CFO Kevin Wilson, purchased shares on the open market in November 2025 following the strong Q3 results, signaling confidence in the dual-state strategy and national expansion.

Company News

APIChat
  • LEEF Brands Closes Final Round of Oversubscribed US$9.3 Million Financing

  • LEEF Brands Files Applications for DEA Registration, Positioning for Interstate and Global Export Opportunities

  • Leef Brands Inc. (LEEEF) Q1 2026 Earnings Call Transcript

  • LEEF Brands Reports Strongest Quarter in Company History With Record Gross Profit, Margins, and Adjusted EBITDA

  • LEEF Brands Announces First Quarter 2026 Earnings Conference Call and Closing of Himalaya Acquisition

  • LEEF Brands Announces Acquisition of HIMALAYA, a Leading California Concentrates Brand, to Expand Vertical Integration and Drive Margin Expansion

  • LEEF Brands Reports Fourth Quarter And Full Year 2025 Results; Salisbury Canyon Ranch Drives Margin Expansion And Mindset Capital Investment Fuels Next Phase Of Growth

  • LEEF Brands Announces US$4.5M Initial Closing of Up to US$8M Financing Led by Mindset Capital; Appoints Jamie Mendola to Board of Directors

  • Leef Brands to Host Fourth Quarter 2025 Earnings Conference Call on March 25, 2026

  • LEEF Brands Announces Full Early Conversion of CAD Convertible Debentures

  • LEEF Brands Comments on Federal Cannabis Rescheduling and Potential to Participate in Nationwide CBD Program

  • LEEF Brands Announces Full Early Conversion of ~US$10.5 Million of USD Convertible Debentures

  • LEEF Brands Announces Insider Share Purchases Following Strong Q3 Results

  • LEEF Brands Reports Third Quarter 2025 Financial Results with Gross Margins More Than Doubling Year-Over-Year

  • LEEF Brands to Host Third Quarter 2025 Earnings Conference Call on November 4, 2025

  • LEEF Brands Reports Second Quarter 2025 Financial Results

  • LEEF Brands Announces Upsize of Offering and Filing of Amended Offering Document

  • LEEF Brands Announces Successful Completion of Acquisition of its New York License

  • LEEF Brands to Attend Bitcoin 2025 Conference

  • Glass House Brands and LEEF Announce MSA for The Leaf El Paseo Dispensary and Off-take Agreement