VANCOUVER, British Columbia, Nov. 04, 2025 (GLOBE NEWSWIRE) -- LEEF Brands, Inc. (CSE: LEEF, OTCQB: LEEEF) (“LEEF” or the “Company”), a leading multi-state operator, today announced its financial and operating results for the third quarter ended September 30, 2025. All figures are reported in U.S. dollars unless otherwise indicated. Q3 2025 Financial Highlights Revenue: $8.4 million, up 24% from $6.8 million in Q3 2024, reflecting increased market share in California and strong initial sales in New York.Gro ...

Core Insights - LEEF Brands, Inc. has commenced operations at its extraction lab in Upstate New York, producing solventless concentrates and planning to introduce hydrocarbon capabilities next quarter, positioning the company to meet rising demand in a rapidly growing cannabis market [1][3] - All concentrate production for 2025 has been allocated to established brand partners and new in-state clients, indicating strong demand for LEEF's products [2] - New York's cannabis market generated over $1 billion in sales in 2024, with expectations to exceed $1.5 billion in 2025 and potentially surpass $2 billion in 2026, making it an ideal market for LEEF's concentrates [3] Company Developments - The operational launch in New York marks a significant milestone for LEEF, transforming it into a multi-state operator with a strong presence in two of the top ten cannabis markets in the U.S. [3] - The company expects meaningful revenue growth and higher margins as it scales operations in New York, alongside successful harvests in California [4] - LEEF's leadership team will participate in various industry and investor events in October, enhancing engagement with brand partners and stakeholders [5][6] Market Context - Concentrates account for approximately 55% of products sold in New York, highlighting the market's potential for LEEF's offerings [3] - The rapid transition from license acquisition to operational launch in New York reflects the company's strategic execution and market readiness [4]