Leef Brands (CSE: LEEF; OTCQB: LEEEF) announced it has officially closed on the acquisition of a Type 1 Cannabis Processor License in New York, enabling the company to engage in extraction, blending, infusion, packaging, labeling, and branding its products.
According to Leef, plans to replicate its proven California operations will be tailored to meet the unique demands of the New York market.
“This marks a major step on our expansion beyond California,” Micah Anderson, CEO of Leef commented. “Securing a Type 1 Cannabis Processor License in New York gives us a gateway into one of the most exciting cannabis markets in the country, and we’re eager to bring our expertise and build partnerships in the region. Our goal is to replicate our business model in California and leverage the long-standing client relationships we’ve build with many of the brands that are already performing well in the New York market.”
