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LEEF Brands secures US$5.2 million in preferred financing to purchase a processing facility, enhancing its operational capacity and supporting expansion plans.
Amount Raised
$5.2 Million
Round Type
Venture - Series Unknown
WillitsOtherManufacturingAgriculture and FarmingCommunity And LifestyleHealth CareSales And MarketingFood And BeverageDescription
LEEF Brands has closed an oversubscribed financing round, raising US$5.2 million to purchase a cannabis processing and storage facility. This facility will enhance LEEF's operations at Salisbury Canyon Ranch and support future expansion plans. The investment aims to strengthen their supply chain and capitalize on growth opportunities. This follows previous announcements of total funding raised of approximately US$14.5 million.
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