Icanic Brands Company, Inc. (OTCQB:ICNAF) (CSE:ICAN) has acquired all of the common stock of LEEF Holdings, Inc., pursuant to the terms of a merger agreement among the company, its wholly-owned subsidiary, Icanic Merger Sub, Inc. and LEEF, dated January 21, 2022.
LEEF’s manufacturing capabilities include a 12,000 square foot extraction and manufacturing facility with significant throughput and distillate extraction capability. Headquartered in Willits, California, LEEF’s core manufacturing competencies include ethanol extraction, hydrocarbon extraction, and solventless extraction. LEEF has also recently received a 186.7 acre cultivation land use permit. The site sits on over 1,900 acres of prime California real estate.
