LEEF Brands Reports 39% Revenue Growth and Positive Cash Flow in Q4 2025

Key Facts

1LEEF Brands reported a 39% revenue growth in the fourth quarter.

2Gross margins doubled to 45.5% driven by vertical integration at Salisbury Canyon Ranch.

3The company achieved positive EBITDA and positive free cash flow.

LEEF Brands announced its financial results for the fourth quarter and full year 2025, highlighting a significant 39% increase in quarterly revenue. The company's gross margins saw a remarkable doubling to reach 45.5%, a move largely attributed to successful vertical integration at its Salisbury Canyon Ranch operations. A major operational milestone was achieved as the company reported positive EBITDA and positive free cash flow for the period. These improvements were further bolstered by strategic investments from Mindset Capital, which supported the company's expansion and efficiency efforts. Management indicated that the shift toward profitability reflects the strength of their current business model and strategic focus. The results underscore a strong recovery and growth trajectory for the firm within the cannabis sector, marking a pivotal moment for its future operations.