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LEEF Brands posts strong Q4 2025 with 39% revenue growth and positive cash flow, backed by cultivation expansion.

Company Fundamentals
25 Mar 2026
GlobeNewsWire
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Bullish
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LEEF Brands reported a 38.9% revenue increase to $8.3 million in Q4 2025, with gross margin rising to 45.5% and adjusted EBITDA turning positive at $1 million. The company credited its improved performance to the Salisbury Canyon Ranch cultivation, which reduced costs by producing biomass internally at $8 per pound versus $20–$50 externally. A $4.5 million investment from Mindset Capital will fund further expansion of this key asset. LEEF expects some margin pressure in Q2 2026 due to harvest transitions but anticipates stronger results in H2 2026 as cultivation scales up.

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