Leef Brands Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 5.67 million compared to USD 6.99 million a year ago. Net loss was USD 1.99 million compared to net income of USD 10.5 million a year ago.
For the nine months, sales was USD 24.65 million compared to USD 22.48 million a year ago. Net loss was USD 23.77 million compared to USD 6.91 million a year ago. Basic loss per share from continuing operations was USD 0.02. Diluted loss per share from continuing operations was USD 0.02.