CSE: LEEF – OTCQB: LEEEF
THE LAB BEHIND THE LABELS
LEEF is the lab behind the labels, supplying clean concentrates to many of California’s leading cannabis brands. Anchored by a 180-acre cultivation permit (~7.8M sq. ft.) at Salisbury Canyon Ranch and an extraction facility capable of processing one-million dry pounds annually, LEEF operates one of the largest and most sophisticated vertically integrated cannabis platforms in the world. Purpose-built for today’s regulated markets and tomorrow’s interstate commerce and international export opportunities.
WHO WE ARE
The CLEAN CANNABIS extraction platform supplying California's leading brands
LEEF is a vertically integrated platform combining one of the world’s largest clean cannabis cultivation sites
with a large-scale, state-of-the-art extraction facility.
Salisbury Canyon Ranch
Salisbury Canyon Ranch is our 1,900-acre trophy ranch in Santa Barbara County, California. The property includes a 180-acre cultivation permit (7.8 million sq. ft.), one of the largest in California.
Surrounded by mountains and national forest, Salisbury Canyon Ranch is pesticide-free, producing clean, low-cost biomass at scale and giving LEEF a significant supply advantage as interstate commerce and international export opportunities emerge.
Large-scale Extraction Platform
Capable of processing approximately one million dry pounds annually, LEEF operates one of the world’s most advanced cannabis extraction platforms.
We cover all three major extraction methods: ethanol, hydrocarbon, and solventless. This gives brands a complete concentrate solution and significant excess capacity to support future growth.
Powering the Top Brands
LEEF supplies concentrates to many of California’s leading cannabis brands, including Kiva, Cake, and Heavy Hitters. Because we control both cultivation and extraction, brands get reliable supply and consistent quality at scale.
unparalleled scale
60%
At full scale, Salisbury Canyon Ranch is capable of supplying approximately 60% of California’s entire vape market
Built in California
Ready for the World
California’s $4.4 billion cannabis market is the largest and most sophisticated regulated cannabis market in the United States, and LEEF already supplies many of its leading brands. With approximately half of our extraction capacity still available and significant cultivation expansion ahead, we have substantial room to grow within California.
At the same time, we are positioning the company to serve larger, higher-margin opportunities through interstate commerce and international exports.
Pillars of Growth
Scaling Salisbury Canyon Ranch
Expanding from 65 to 180 acres, reducing input costs, increasing gross margins, and producing clean biomass for LEEF’s extraction platform.
Interstate Commerce & Global Export
DEA registration applications filed; concentrates selling ~$1/gram in California can sell for $2–$10 in other U.S. and international markets.
Opportunistic M&A
Acquiring quality, capital-constrained brands where LEEF’s low-cost, clean inputs drive immediate margin expansion, beginning with the HIMALAYA acquisition.
Execution Track Record
Ownership
founder led. institutionally backed.
Our founder and Mindset Capital together hold over 20% of the company.
9%
FOUNDER OWNERSHIP
MICAH ANDERSON
12%
LEAD INVESTOR
MINDSET CAPITAL
21%
COMBINED FOUNDER +
LEAD INVESTOR OWNERSHIP
micah anderson
FOUNDER & CHIEF EXECUTIVE OFFICER
Mr. Anderson is a serial entrepreneur and the CEO of LEEF Brands. He is responsible for setting and delivering on the overall strategy of LEEF. Micah has extensive experience in all aspects of the cannabis industry and currently holds every cannabis license type. Under his leadership, LEEF has recruited a world-class team of executives and board members, developed distribution relationships with leading retailers in the U.S., and has built the most sophisticated extraction facility in North America.
Micah has raised private equity and institutional debt to capitalize LEEF and has negotiated a wide range of complex sourcing and operating agreements. Recognized at the Federal and state level as a key opinion leader, Micah speaks regularly at conferences and advises government officials on public policy matters.
Institutional Backing & Research
mindset capital
Mindset has published independent research on LEEF, including a public deep dive memo outlining its investment thesis.
“We believe Salisbury Canyon Ranch is the most important cannabis farm in America.”
Home - The Lab - The Ranch - The Vision - Retail - Press - Investor Relations - Contact - Careers
Copyright LEEF Brands, 2026, All Rights Reserved.
DCC-10002848