California cannabis company LEEF Brands consolidates 10-for-1 shares, plans to raise up to CAD $2.5M via private placement.

LEEF Brands Inc., a California cannabis company, is implementing a 10-for-1 share consolidation to enhance its capital structure and attract institutional investors. The consolidation, effective November 18, 2024, will result in about 162,762,651 common shares. Additionally, LEEF plans to raise up to CAD $2,500,000 through a private placement of up to 10,000,000 units, priced at $0.25 each, to support growth and market expansion.

5 months ago
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