[PRESS RELEASE] – VANCOUVER, British Columbia, May 8, 2026 – LEEF Brands Inc., a rapidly growing cannabis company, announced that it has filed applications for registration with the U.S. Drug Enforcement Administration (DEA) following recent federal cannabis rescheduling developments.
The applications are a key step in positioning LEEF to participate in potential interstate commerce and international export channels as regulatory frameworks evolve. To support this process, LEEF has engaged attorney Shane Pennington, partner at Blank Rome, and a leading expert in DEA licensing and regulatory strategy.
“Rescheduling is the most significant change our industry has seen in over 50 years,” LEEF Brands CEO Micah Anderson said. “We’ve spent years building a low-cost, vertically integrated platform designed for this moment. For the first time in this industry’s history, federal policy is moving in a direction that makes what we do more valuable, not less.”
LEEF is currently profitable in California – one of the most competitive and lowest-priced cannabis markets in the world – driven by its vertically integrated model and in-house cultivation at Salisbury Canyon Ranch. Interstate and global exports are expected to provide an opportunity to sell into other markets at meaningfully higher prices.
LEEF’s platform includes one of the world’s largest cannabis farms and one of the highest-capacity, most sophisticated extraction labs. The company believes this platform positions it to supply both the U.S. and global markets. While regulatory timelines remain uncertain, LEEF is actively preparing to participate as opportunities emerge.
