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An update from Leef Brands ( (TSE:LEEF) ) is now available.
LEEF Brands, Inc. has announced a private placement offering of up to 4,000,000 units at C$0.25 per unit, aiming to raise C$1,000,000. This financing is intended to support the company’s growth following a successful harvest at Salisbury Canyon Ranch and to bolster operations in New York. The funds will be used for general working capital, with the offering expected to close by August 10, 2025, pending customary closing conditions and approval from the Canadian Securities Exchange.
More about Leef Brands
LEEF Brands Inc. is a leading cannabis company based in California and New York, specializing in extraction and manufacturing. The company boasts a comprehensive supply chain, innovative manufacturing processes, and a dynamic bulk concentrate portfolio, powering some of the largest cannabis brands in the United States.
YTD Price Performance: -40.26%
Average Trading Volume: 69,105
Technical Sentiment Signal: Hold
Current Market Cap: C$40.35M
For a thorough assessment of LEEF stock, go to TipRanks’ Stock Analysis page.