Leef Brands posts mixed third quarter results amid transition away from cannabis CPG
California-based Leef Brands Inc. (CSE: LEEF), formerly Icanic Brands, posted higher revenue but wider losses for its third quarter as the company continues to shift its focus to bulk concentrate manufacturing. Net sales rose 19% year-over-year to $6.8 million for the quarter ending Sept. 30, according to Leef’s news release. However, gross margins contracted to […]
