Leef Brands (TSE:LEEF) has released an update.
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LEEF Brands is consolidating its shares on a 10-for-1 basis to enhance its capital structure and appeal to institutional investors. In addition, the company is planning a private placement to raise up to CAD $2,500,000, offering units priced at $0.25 each, which include a common share and a purchase warrant.
For further insights into TSE:LEEF stock, check out TipRanks’ Stock Analysis page.