Substantial doubt about the company's ability to continue as a going concern.
“Such uncertainties related to events and conditions raise substantial doubt about the Company’s ability to continue as a going concern. Management’s plans to address these conditions include the equity financings described in Note 19 and Note 24, which raised aggregate gross proceeds of approximately $14.2 million through July 2026, the continued benefit of vertically integrated biomass supply from Salisbury Canyon Ranch on the Company’s gross margins, and continued discipline over operating costs.”View the 10-Q filed Aug 6, 2026
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Leef Brands, Inc. appointed Hirsh Jain as a director effective October 1, 2026, expanding the Board to six directors and naming him committee chair and member. A press release says Kevin Wilson resigned, resulting in a five-member Board and an independent majority.
