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LEEF's strategy is straightforward: win in California today while building the scale, infrastructure, and relationships to compete well beyond it tomorrow.
In Q3, we made meaningful progress:
• Expanded cultivation to 122 acres, up 88% from 2025
• Completed infrastructure for our full 180-acre footprint
• Secured $5.2M for a dedicated processing facility
• Expanded Himalaya distribution by over 100%
• Added to $MSOS, the world's largest cannabis ETF
• Advanced supply-agreement discussions with top MSOs
• Began GACP and GMP preparations for international exports
Read our latest shareholder letter: leefbrands.com/2026/10/26/q3…
$LEEF $LEEEF
Fall harvest is underway at Salisbury Canyon Ranch!
We have 100 acres planted. That's roughly 76 football fields.
With over 60 strains in the ground, our harvest will run through our three extraction lines, producing hundreds of different fractions for California's leading brands to choose from.
$LEEF $LEEEF
“And pretty soon you realize that all we're going to do for eternity is sit around the fire.” — Ram Dass
Some of our favorite moments from Investor Day were the simplest ones. Sitting around the fire, sharing stories, making s'mores, and getting to know each other.
We even learned that @MorganPaxhia thought you were supposed to roast the entire s'more over the fire, graham cracker, chocolate, marshmallow and all. He may have been high lol.
We made a lot of great memories at Salisbury Canyon Ranch, but it's the connections that will stay with us.
$LEEF $LEEEF
LEEF Brands retweeted
Someone turned me onto this life hack 20 years ago and now I'm passing it along to you.
We recently welcomed investors, operators, analysts, and industry leaders to Salisbury Canyon Ranch for LEEF's inaugural Institutional Investor Day.
Two days of meaningful conversations, new connections, and a firsthand look at the scale of what we're building.
We're excited to share a look back at a special event with an incredible group of people.
Clean Cannabis Brings Us Together: youtube.com/watch?v=5RHs0PGG…
$LEEF $LEEEF
Bright citrus, sweet herbs, and a touch of peppery Kush.
Vision is an indica live resin sauce with genetics tracing back to Ohio Lemon G and Do-Si-Dos, bringing a flavorful combination of citrus, spice, and earthy undertones to the LEEF Labs lineup.
With 7,806 grams currently available, this is another example of LEEF's ability to deliver premium concentrates at the scale and consistency leading cannabis brands need.
Explore our current live menu: leeflabs.com/live-menu
$LEEF $LEEEF
LEEF Brands retweeted
Replying to @cupofcoffeecap
Yep, far from old news. More than half the material we test in California fails for pesticides once concentrated, and it's getting worse.
Our experience is that pesticide contamination in cannabis often isn't the result of cultivators spraying illegal pesticides, but rather drift from surrounding large-scale agriculture. Crops like grapes, strawberries, and blueberries can legally be treated with pesticides that are prohibited in cannabis.
So you can follow every best practice, have a vineyard down the road, and still end up with an entire crop testing positive for pesticides despite doing nothing wrong.
Our solution was to find a remote farm surrounded by mountains that provide a natural barrier against pesticide drift. Controlling our supply chain and producing clean cannabis at scale represents a meaningful long-term competitive advantage.
My 2 cents on the issue.
LEEF Brands retweeted
Good to see all of @LeefBrands applications on the DEA's published list, confirming they were filed on time and are in the queue.
nam12.safelinks.protection.o…
LEEF Brands retweeted
Pesticides In Cannabis: Why Clean Is Now A Business Strategy
@micah_A_leef @LeefBrands 👀
forbes.com/sites/petersu/202…
Clean cannabis isn't just about quality. It's increasingly becoming a business advantage.
In a new @Forbes article, LEEF CEO Micah Anderson discusses why we've invested in controlling our own biomass supply at Salisbury Canyon Ranch and how that strategy is driving stronger margins and more consistent production.
"Clean is the differentiation, scale is what makes it commercially important, California is the proof, and the world is our opportunity."
Thanks to Peter Su and Forbes for highlighting this important topic.
forbes.com/sites/petersu/202…
$LEEF $LEEEF
LEEF Brands retweeted
They say sunlight is the best disinfectant. It's good to see more media groups shining a light on the pesticide topic. Thanks @Forbes and @PeterSu07 for including @LeefBrands in the article. 🌱
forbes.com/sites/petersu/202…
LEEF Brands retweeted
Clear direction given in the investor letter. Plans and expectations laid out and well articulated. I can't ask for more as an investor. You either buy the vision a company lays out, or you don't.
$LEEEF is still my sleeper pick of the smaller public cannabis operators.
Last week, we welcomed investors, analysts, and major cannabis operators to Salisbury Canyon Ranch for LEEF Brands' 2026 Institutional Investor Day.
A few highlights from our lunch presentation:
• Stronger margins: 46.5% average gross margins during SCR-supplied quarters vs. 26.3% during third-party-supplied quarters.
• Scaling cultivation: ~100 acres planted in 2026, with plans to utilize our full 180-acre permit in 2027.
• International expansion: Advancing GACP and GMP initiatives to prepare for potential export opportunities.
• Strategic partnerships: Exploring long-term supply agreements with top MSOs and opportunities for partner-funded expansion.
Our full Institutional Investor Day presentation is now available: leefbrands.com/wp-content/up…
Built in California. Ready for the World.
$LEEF $LEEEF
Last week, we welcomed investors, analysts, and major cannabis operators to Salisbury Canyon Ranch for LEEF Brands' 2026 Institutional Investor Day.
A few highlights from our lunch presentation:
• Stronger margins: 46.5% average gross margins during SCR-supplied quarters vs. 26.3% during third-party-supplied quarters.
• Scaling cultivation: ~100 acres planted in 2026, with plans to utilize our full 180-acre permit in 2027.
• International expansion: Advancing GACP and GMP initiatives to prepare for potential export opportunities.
• Strategic partnerships: Exploring long-term supply agreements with top MSOs and opportunities for partner-funded expansion.
Our full Institutional Investor Day presentation is now available: leefbrands.com/wp-content/up…
Built in California. Ready for the World.
$LEEF $LEEEF
LEEF Brands retweeted
Thanks for coming out to see what we are up to, Todd. It was a great event with a great group of people. Morning workouts for the win! 💪🌱🌱🌱
Turning a New LEEF
The Autumn wind is in Cuyama Valley.
#CannabisConfidential 🌿@LeefBrands
toddharrison.substack.com/p/…
LEEF Brands retweeted
Turning a New LEEF
The Autumn wind is in Cuyama Valley.
#CannabisConfidential 🌿@LeefBrands
toddharrison.substack.com/p/…
LEEF Brands retweeted
Thanks, @todd_harrison, for joining us for our first annual @LeefBrands Institutional Investor Day! Great to hear that both the ranch and our team made a strong impression.
I'll be sharing more highlights and content from the event later this week.
$LEEF $LEEEF
Turning a New LEEF
The Autumn wind is in Cuyama Valley.
#CannabisConfidential 🌿@LeefBrands
toddharrison.substack.com/p/…
Replying to @CommonSens24374
Love it. May be one of best kept secrets in public markets. Well known in Cali. Great crew sound ethics and good vision. Sleeper I love it



















