Leef Brands begins production at N.Y. extraction lab

Executive Summary

• Leef Brands Inc. has opened its upstate New York extraction lab, now producing solvent‑less concentrate with hydrocarbon capability slated for next quarter.
• All 2025 concentrate production is already fully allocated to existing and new brand partners, indicating immediate revenue impact.
• The company will promote the launch at several industry and investor conferences in October.

Key Details

• Lab installation completed; solvent‑less rosin production underway.
• Hydrocarbon extraction equipment expected online in Q4 2025, enabling a full concentrate portfolio.
• 2025 production fully committed to established brand partners and new in‑state clients.
• New York cannabis market projected >$1 billion sales in 2024; analysts forecast $1.5 billion in 2025 and >$2 billion by 2026, with concentrates comprising ~55% of product mix.
• CFO Kevin Wilson expects the New York operations to drive meaningful revenue growth and higher margins into 2026, complementing successful harvests at Salisbury Canyon Ranch, CA.
• Conference participation in October:
• CEO Micah Anderson – Hall of Flowers conference (NY) Oct 8‑9; Digital Wealth Frontiers Summit (online) Oct 15.
• Head of IR Jesse Redmond – IgniteIt Cannabis Market Spotlight (Anaheim) Oct 8.
• Contact for meeting requests: [email protected].

Notable Quotes

“Launching operations in New York is a landmark moment for Leef,” said Micah Anderson, CEO. “Our solventless lab is already producing premium rosin… the fact that our 2025 production is already fully committed speaks volumes about the trust our partners place in Leef's quality, consistency and execution.”

“As we scale in New York, we expect this market not only to drive meaningful revenue growth but also deliver higher margins as we push into 2026,” said Kevin Wilson, CFO.