News Summary
LEEF Brands Inc. has officially commenced operations at its new extraction lab in Upstate New York, marking a significant milestone for the company in the growing cannabis market. The lab’s opening allows LEEF to produce solventless concentrates and prepare for hydrocarbon extraction in the near future. With production fully allocated to partners in the state, LEEF is positioned to meet rising demand as New York’s cannabis sales continue to surge. The company’s leadership anticipates expansion in this crucial market will lead to substantial revenue growth and operational success.
Upstate New York – LEEF Brands Inc., a cannabis extraction company, has officially launched operations at its new extraction lab in Upstate New York as of September 30, 2025. This strategic move allows LEEF to commence solventless concentrate production, a significant step considering the rapid growth of the cannabis market in the state. Additionally, LEEF plans to bring hydrocarbon extraction capabilities online in the next quarter, further enhancing its operational capacity.
The New York operations are designed to satisfy the increasing demand within one of the fastest-growing cannabis markets in the United States. All concentrate production for the year 2025 has been entirely allocated to both established brand partners and new clients within the state. This full commitment to production not only reflects a robust demand for LEEF’s concentrates but also signals an immediate impact on revenue.
LEEF’s Chief Executive Officer emphasized that this launch represents a landmark moment for the company, highlighting the production of premium rosin concentrates. The allocation of production to trusted partners showcases LEEF’s reputation for quality and consistency, critical factors for success in the competitive cannabis industry.
With the concentration of sales in New York so high — approximately 55% of cannabis products sold in the state are concentrates — this market presents an optimal opportunity for LEEF to thrive. Recent statistics from the New York Office of Cannabis Management noted that the state generated over $1 billion in sales in 2024, with expectations to exceed $1.5 billion in 2025 and potentially surpass $2 billion by 2026.
LEEF’s Chief Financial Officer predicts that scaling operations in New York will lead to significant revenue growth and improved profit margins as the company moves into 2026. The operational launch of the New York lab follows LEEF’s acquisition of a New York license in June 2025, demonstrating the company’s quick transition from acquisition to operational readiness and initial sales.
As part of this expansion, LEEF’s leadership team plans to engage with industry and investor stakeholders through various events in October, aiming to enhance relationships with brand partners. The company’s extraction capabilities are not only set to support growth opportunities in New York but are also designed to strengthen its financial standing as it navigates the evolving cannabis landscape heading into the next year.
The establishment of the New York extraction lab positions LEEF as a multistate operator in the cannabis sector, as it now holds a presence in two of the top ten cannabis markets in the U.S. As the market continues to expand, LEEF Brands Inc. is strategically positioned to capitalize on the growing demand for cannabis products, ensuring a sustainable future in an increasingly lucrative industry.
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- Cannabis Business Times: LEEF Brands Launches New York Lab
- Wikipedia: Cannabis in New York
- GlobeNewswire: LEEF Brands Launches New York Lab
- Google Search: LEEF Brands New York lab
- TipRanks: LEEF Brands Expands Operations
- Google Scholar: LEEF Brands New York
- Cannabis Business Times: LEEF Brands Acquires NY License
- Encyclopedia Britannica: Cannabis Industry
- MarketScreener: LEEF Brands Launches NY Lab
- Google News: LEEF Brands
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