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Leef Brands ( (TSE:LEEF) ) just unveiled an announcement.
LEEF Brands Inc. has successfully closed an oversubscribed private placement, raising CAD $2.09 million, double the initial expectation. The funds will be used to expand its operations in New York and enhance production at its California farm, positioning the company for long-term growth and value creation, especially if federal regulatory changes occur.
More about Leef Brands
LEEF Brands Inc. is a prominent 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: -16.88%
Average Trading Volume: 85,694
Technical Sentiment Signal: Buy
Current Market Cap: C$56.14M
See more insights into LEEF stock on TipRanks’ Stock Analysis page.