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Green Leaf Innovations (GRLF) Celebrates FDA's Decision to Halt Flavored Cigar BanPress Release | 02/03/2025
Announces Expansion of (COCOA-MGE-Antalya) Flavored Cigar Line.
PEMBROKE PINES, FLORIDA / ACCESS Newswire / February 3, 2025 / Green Leaf Innovations, Inc. (OTC PINK:GRLF), a leading innovator in premium Tobacco and specialty cigar products, applauds the U.S. Food and Drug Administration (FDA) for halting its proposed ban on flavored cigars. This regulatory decision ensures continued consumer choice and paves the way for sustainable industry growth, allowing companies like Green Leaf Innovations to expand product offerings and innovation.
On January 21, 2025, the FDA formally withdrew its proposed rules that would have banned menthol cigarettes and flavored cigars, citing ongoing review processes and external considerations. This decision marks a critical win for both the premium cigar industry and adult consumers who prefer flavored cigars. More details about the FDA's decision can be found in the agency's official update:
OIRA Conclusion of EO 12866 Regulatory Review
With this favorable development, Green Leaf Innovations is excited to announce the expansion of its premium flavored cigar line, including the highly anticipated (COCOA-MGE-Antalya) flavored cigars. The company is now increasing production capacity to meet growing demand while reinforcing its commitment to responsible marketing and compliance with regulatory guidelines.
"The FDA's latest decision represents a significant moment for our industry," said Roberto Mederos, CEO of Green Leaf Innovations. "We remain committed to delivering high-quality, responsibly crafted flavored cigars to adult consumers who appreciate variety in their smoking experiences. This regulatory clarity allows us to confidently move forward with expansion and innovation."
Flavored Cigar Market Size 2024-2028
The Flavored Cigar Market size is estimated to grow by USD 5.43 billion at a CAGR of 8.8% between 2023 and 2028. The flavored cigar market is experiencing significant growth, driven by the high appeal of these products among young adults. Customization and discounted prices are also key growth factors, making flavored cigars an attractive option for consumers seeking unique experiences. However, convincing veteran cigar consumers to switch to flavored cigars remains a challenge for market players. The trend toward personalized smoking experiences is expected to continue, with an increasing number of consumers looking for innovative and exotic flavors.
The market is witnessing significant growth due to the increasing preference among young adults for unique and innovative smoking experiences. With hectic work schedules, people seek relaxation and enjoyment, making flavored cigars a popular choice. Infused flavors such as chocolate, strawberry, fruit, spices, herbs, coffee, and vanilla add to the appeal. These cigars are used for gifting purposes and as status symbols. These Hand-rolled cigars offer a more authentic smoking experience. Customization options allow cigar connoisseurs to mix and match flavors for social occasions. The fusion of flavors provides innovative sensory experiences, with limited edition flavors adding exclusivity.
Recent market research highlights that the flavored cigar industry is projected to experience continued growth in 2025, driven by increasing demand among Gen Z and millennial consumers who prefer specialty cigar flavors. Despite challenges such as supply chain disruptions, evolving regulations, and economic fluctuations, the market remains resilient and poised for expansion as companies refine their product offerings and adapt to digital consumer engagement strategies.
Green Leaf Innovations remains committed to responsible product development and compliance, ensuring that all flavored cigar products, meeting the highest quality standards while aligning with industry regulations.
About Green Leaf Innovations, Inc.
Green Leaf Innovations, Inc. is a premier distributor of handmade premium cigars, including renowned brands such as MEDEROS, MAL.CRI.AO, COCOA (MGE Antalya) CUBANACAN and TABACALERA SERRANO and others. With a commitment to excellence, Green Leaf Innovations is dedicated to delivering the finest products to cigar enthusiasts across the United States. The company is proud to support legislative efforts that protect the integrity of the premium cigar industry.
For more information about Green Leaf Innovations, Inc. (GRLF) and its latest product developments, please visit our websites http://www.greenleafinnovation.com or follow us on Green Leaf Innovations, Inc. $GRLF (@otcgrlf) / X. or contact:
For more information, press only:
Phone number: (800) 303-6268
Email: info@greenleafinnovation.com
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. The Company may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Annual Reports on Form 10-K and its other filings with the Securities and Exchange Commission. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. The Company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise.
SOURCE: Green Leaf Innovations, Inc.
View the original press release on ACCESS Newswire
https://www.otcmarkets.com/stock/GRLF/news/Green-Leaf-Innovations-GRLF-Celebrates-FDAs-Decision-to-Halt-Flavored-Cigar-Ban?id=466468
Green Leaf Innovations, Inc. Celebrates Landmark U.S. Court of Appeals Ruling on FDA Regulation of Premium CigarsPress Release | 01/27/2025
PEMBROKE PINES, FL / ACCESS Newswire / January 27, 2025 / Green Leaf Innovations, Inc. (OTC PINK:GRLF), a leader in the premium cigar industry, welcomes the recent decision by the U.S. Court of Appeals for the District of Columbia Circuit to uphold the vacatur of the FDA's "deeming rule" for premium cigars. This landmark ruling prevents the FDA from imposing overreaching regulations on premium cigars, a development that will significantly benefit the industry and cigar enthusiasts nationwide.
The court's decision recognizes the unique characteristics of premium cigars and their distinction from other tobacco products, ensuring a more tailored approach to regulation. This outcome is a major victory for the premium cigar industry and affirms the dedication of industry leaders and advocates who have worked tirelessly to protect premium cigars from unnecessary restrictions.
"We applaud the court's decision, which safeguards the artisanal craft and cultural heritage of premium cigars," said Roberto Mederos, CEO of Green Leaf Innovations, Inc. "This ruling is not just a win for the industry but for the millions of cigar aficionados who appreciate the artistry, craftsmanship, and tradition of premium cigars. Green Leaf Innovations remains committed to delivering exceptional quality products and supporting the preservation of this rich heritage."
The ruling has the potential to reduce regulatory burdens, streamline operations, and foster innovation within the premium cigar industry. Green Leaf Innovations is confident that this decision will pave the way for growth and strengthen its position as a leader in the market.
Learn More About the Ruling.
For a detailed legal update on the court's decision and its implications for the premium cigar industry. Additional information about this case can be found by searching for "U.S. Court of Appeals FDA premium cigars ruling."
CIGAR ASSOCIATION OF AMERICA v. UNITED STATES FOOD AND DRUG ADMINISTRATION (2025) | FindLaw
Additional information can be found on our websites http://www.greenleafinnovation.com or follow us on Green Leaf Innovations, Inc. $GRLF (@otcgrlf) / X.
For more information, press only:
Phone number: (800) 303-6268
Email: info@greenleafinnovation.com
About Green Leaf Innovations, Inc.
Green Leaf Innovations, Inc. is a premier distributor of handmade premium cigars, including renowned brands such as MEDEROS, MAL.CRI.AO, COCOA (MGE Antalya) CUBANACAN and TABACALERA SERRANO and others. With a commitment to excellence, Green Leaf Innovations is dedicated to delivering the finest products to cigar enthusiasts across the United States. The company is proud to support legislative efforts that protect the integrity of the premium cigar industry.
For press inquiries, please contact:
Media Contact:
Green Leaf Innovations, Inc.
Phone: (800) 303-6268
Email: info@greenleafinnovation.com
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. The Company may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Annual Reports on Form 10-K and its other filings with the Securities and Exchange Commission. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. The Company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise.
Contact Information
RYAN MEDICO
MARKETING MANAGER
info@greenleafinnovation.com
8003036268
SOURCE: Green Leaf Innovations, Inc.
View the original press release on ACCESS Newswire
https://www.otcmarkets.com/stock/GRLF/news/Green-Leaf-Innovations-Inc-Celebrates-Landmark-US-Court-of-Appeals-Ruling-on-FDA-Regulation-of-Premium-Cigars?id=465709
Green Leaf Innovations, Inc. Strengthens Retail Presence and Update Growth in 2025 With More New Key Partnerships - 03Press Release | 01/22/2025
PEMBROKE PINES, FLORIDA / ACCESS Newswire / January 22, 2025 / Green Leaf Innovations, Inc. (OTC PINK:GRLF), a leading distributor of premium handmade cigars & accessories, today announces significant progress in its 2025 expansion strategy, securing partnerships with 12 new key independent cigar retailers carrying some of our brands. This strategic move positions the company for substantial growth and enhanced profitability, aligning with our commitment to maximizing shareholder value.
Green Leaf Innovations' curated portfolio of premium brands, including EL MAGO, MAL.CRI.AO, EL CUBANO, COCOA (MGE Antalya), CUBANACAN, MEDEROS, TABACALERA SERRANO are known for its exceptional quality and craftsmanship. This expansion into select independent cigar shops across the United States represents a direct-to-consumer strategy, enhancing brand visibility and maximizing the reach of our high-quality Nicaraguan cigars to a broader and more engaged enthusiast base.
"These strategic partnerships reflect our commitment to driving sustainable growth and enhancing shareholder value," stated Roberto Mederos, CEO. "These 11 key retailers represent a prime distribution channel for our premium brands and provide us with a crucial opportunity for market penetration. Strong sales growth through these partnerships is a key factor in our projected Q1 2025 financial performance."
The 12 partner stores are strategically located and are recognized for their high standards of customer service and expertise in the cigar industry. This network will provide critical distribution channels, contributing to enhanced market penetration and sales growth in the upcoming quarter. Details on the individual store locations and anticipated financial contributions are available below.
Cigar Room II & Bar 52
cigarroom2.com
Leaf & Bean
leafandbean.com
Knights Cigar Lounge
kingpalm.com/stores/knigh…
Casa Havana Cigar Lounge
casahavanacigarlounge.com
Orange Cigar Lounge
orangecigarlounge.com
Essex Cigars
essexcigarlounge.com
La Cultura
laculturacigars.com
White Ash Cigar River Oaks
whiteashcigar.com
Churchills Cigar Lounge
churchillscigarlounge.com
Tinder Box Charlotte
tinderboxcigars.com
The Black River Tobacco Company
blackrivertobacco.com
David's Fine Tobaccos
davidsfinetobaccos.com
The successful execution of this expansion initiative reinforces Green Leaf Innovations' focus on building strong, long-term partnerships with premium retailers. This approach is expected to drive significant revenue growth and operational efficiencies, ultimately improving profitability and creating greater shareholder value in the coming months. Preliminary projections for Q1 2025 revenue are expected to reflect a strong positive trend driven by this new partnership initiative. A detailed financial outlook will be provided in the upcoming quarterly shareholder report.
About Green Leaf Innovations, Inc.
Green Leaf Innovations, Inc., a Florida corporation, is an emerging growth company engaged in the Marketing and Distribution of handmade premium cigars. The company strategically imports and exclusively distributes some of the best known premium cigar brands in the Market created by the Mederos family a Third generation Cigar maker with Robert Mederos at the helm who has owned and operated handmade cigar operation in Nicaragua and the US for over 20 years with a rich family history in the craft dating back to the 1800s Cuba, brands such as CUBANACAN, MEDEROS and TABACALERA SERRANO. In addition to it the company also distributes packaged whole leaf Tobacco to cigar lounges, smoke shops, C-stores and vape shops across the United States and soon International Markets.
Additional information can be found on our websites http://www.greenleafinnovation.com or follow us on Twitter
For more information, press only:
Phone number: (800) 303-6268
Email: info@greenleafinnovation.com
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. The Company may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Annual Reports on Form 10-K and its other filings with the Securities and Exchange Commission. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. The Company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise.
Contact Information
RYAN MEDICO
MARKETING MANAGER
info@greenleafinnovation.com
8003036268
SOURCE: Green Leaf Innovations, Inc.
View the original press release on ACCESS Newswire
https://www.otcmarkets.com/stock/GRLF/news/Green-Leaf-Innovations-Inc-Strengthens-Retail-Presence-and-Update-Growth-in-2025-With-More-New-Key-Partnerships---03?id=465361
Green Leaf Innovations, Inc. Strengthens Retail Presence and Update Growth in 2025 With New Key Partnerships - 02Press Release | 01/13/2025
PEMBROKE PINES, FL / ACCESSWIRE / January 13, 2025 / Green Leaf Innovations, Inc. (OTCPK:GRLF), a leading distributor of premium handmade cigars & accessories, today announces significant progress in its 2025 expansion strategy, securing partnerships with 11 new key independent cigar retailers carrying some of our brands. This strategic move positions the company for substantial growth and enhanced profitability, aligning with our commitment to maximizing shareholder value.
Green Leaf Innovations' curated portfolio of premium brands, including EL MAGO, MAL.CRI.AO, EL CUBANO, COCOA (MGE Antalya), CUBANACAN, MEDEROS, TABACALERA SERRANO are known for its exceptional quality and craftsmanship. This expansion into select independent cigar shops across the United States represents a direct-to-consumer strategy, enhancing brand visibility and maximizing the reach of our high-quality Nicaraguan cigars to a broader and more engaged enthusiast base.
"These strategic partnerships reflect our commitment to driving sustainable growth and enhancing shareholder value," stated Roberto Mederos, CEO. "These 11 key retailers represent a prime distribution channel for our premium brands and provide us with a crucial opportunity for market penetration. Strong sales growth through these partnerships is a key factor in our projected Q1 2025 financial performance."
The 11 partner stores are strategically located and are recognized for their high standards of customer service and expertise in the cigar industry. This network will provide critical distribution channels, contributing to enhanced market penetration and sales growth in the upcoming quarter. Details on the individual store locations and anticipated financial contributions are available below.
Tinder Box Charlotte tinderboxcigars.com
Humidor Cigar Lounge humidorpatx.com
Cigar Club Texas cigarclublatx.com
Empire Social Fort empiresociallounge.com/la…
Royal Cigars royalcigarsgulfstream.com
Republica Cigar Lounge republicaofcigars.com
Bayside Cigars baysidecigars.com
Cigar Bar Pembroke Pines Cigar Bar - Pembroke Gardens
Stogie's Fine Cigars stogiesfinecigar.com
Blue Smoke Cigar bluesmoke-cigar.com
Belle Meade Premium Cigars bellemeadecigars.com
The successful execution of this expansion initiative reinforces Green Leaf Innovations' focus on building strong, long-term partnerships with premium retailers. This approach is expected to drive significant revenue growth and operational efficiencies, ultimately improving profitability and creating greater shareholder value in the coming months. Preliminary projections for Q1 2025 revenue are expected to reflect a strong positive trend driven by this new partnership initiative. A detailed financial outlook will be provided in the upcoming quarterly shareholder report.
About Green Leaf Innovations, Inc.
Green Leaf Innovations, Inc., a Florida corporation, is an emerging growth company engaged in the Marketing and Distribution of handmade premium cigars. The company strategically imports and exclusively distributes some of the best known premium cigar brands in the Market created by the Mederos family a Third generation Cigar maker with Robert Mederos at the helm who has owned and operated handmade cigar operation in Nicaragua and the US for over 20 years with a rich family history in the craft dating back to the 1800s Cuba, brands such as CUBANACAN, MEDEROS and TABACALERA SERRANO. In addition to it the company also distributes packaged whole leaf Tobacco to cigar lounges, smoke shops, C-stores and vape shops across the United States and soon International Markets.
Additional information can be found on our websites http://www.greenleafinnovation.com or follow us on Twitter
For more information, press only:
Phone number: (800) 303-6268
Email: info@greenleafinnovation.com
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. The Company may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Annual Reports on Form 10-K and its other filings with the Securities and Exchange Commission. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. The Company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise.
Contact Information
RYAN MEDICO
MARKETING MANAGER
info@greenleafinnovation.com
8003036268
SOURCE: Green Leaf Innovations, Inc.
View the original press release on accesswire.com
https://www.otcmarkets.com/stock/GRLF/news/Green-Leaf-Innovations-Inc-Strengthens-Retail-Presence-and-Update-Growth-in-2025-With-New-Key-Partnerships---02?id=464312
Green Leaf Innovations, Inc. 40 Billion Authorized Share Reduction UpdatePress Release | 01/10/2025
PEMBROKE PINES, FL / ACCESSWIRE / January 10, 2025 / Green Leaf Innovations, Inc. (OTC PINK:GRLF), a leading distributor of premium handmade cigars, today announced the completion regarding its authorized share reduction. The company has successfully reduced its authorized share count by 40 billion, a move that strengthens the company's capital structure and enhances shareholder value. This strategic action reflects Green Leaf Innovations' commitment to financial efficiency and long-term growth.
"This reduction in authorized shares is a crucial step in optimizing our capital structure," stated Roberto Mederos, CEO. "It reflects our continued focus on maximizing shareholder value and reinforces our commitment to responsible financial management. We believe this action will positively impact investor confidence and provide greater flexibility as we pursue growth opportunities."
The reduction of authorized shares from 60 billion to 20 billion is a significant step in aligning our capital structure with our current and future operational needs. This strategic move will streamline accounting procedures and potentially offer investors the opportunity for increased returns on their investments.
This action does not impact outstanding shares or existing shareholder holdings. Furthermore, no adjustments to outstanding options or warrants are anticipated at this time.
Green Leaf Innovations will continue to provide updates on key financial and operational developments as they unfold. A detailed financial analysis of the authorized share reduction will be included in the upcoming quarterly shareholder report.
About Green Leaf Innovations, Inc.
Green Leaf Innovations, Inc., a Florida corporation, is an emerging growth company engaged in the Marketing and Distribution of handmade premium cigars. The company strategically imports and exclusively distributes some of the best known premium cigar brands in the Market created by the Mederos family a Third generation Cigar maker with Robert Mederos at the helm who has owned and operated handmade cigar operation in Nicaragua and the US for over 20 years with a rich family history in the craft dating back to the 1800s Cuba, brands such as CUBANACAN, MEDEROS and TABACALERA SERRANO. In addition to it the company also distributes packaged whole leaf Tobacco to cigar lounges, smoke shops, C-stores and vape shops across the United States and soon International Markets.
Additional information can be found on our websites http://www.greenleafinnovation.com or follow us on Twitter
For more information, press only:
Phone number: (800) 303-6268
Email: info@greenleafinnovation.com
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. The Company may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Annual Reports on Form 10-K and its other filings with the Securities and Exchange Commission. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. The Company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise.
Contact Information
RYAN MEDICO
MARKETING MANAGER
info@greenleafinnovation.com
8003036268
SOURCE: Green Leaf Innovations, Inc.
View the original press release on accesswire.com
https://www.otcmarkets.com/stock/GRLF/news/Green-Leaf-Innovations-Inc-40-Billion-Authorized-Share-Reduction-Update?id=464178
Green Leaf Innovations, Inc. Strengthens Retail Presence and Positions for Growth in 2025 With Key Partnerships - 01.Press Release | 01/06/2025
PEMBROKE PINES, FL / ACCESSWIRE / January 6, 2025 / Green Leaf Innovations, Inc. (OTCPK:GRLF), a leading distributor of premium handmade cigars & accessories, today announces significant progress in its 2025 expansion strategy, securing partnerships with 10 key independent cigar retailers carrying some of our brands. This strategic move positions the company for substantial growth and enhanced profitability, aligning with our commitment to maximizing shareholder value.
Green Leaf Innovations' curated portfolio of premium brands, including EL MAGO, MAL.CRI.AO, EL CUBANO, COCOA (MGE Antalya), CUBANACAN, MEDEROS, TABACALERA SERRANO are known for its exceptional quality and craftsmanship. This expansion into select independent cigar shops across the United States represents a direct-to-consumer strategy, enhancing brand visibility and maximizing the reach of our high-quality Nicaraguan cigars to a broader and more engaged enthusiast base.
"These strategic partnerships reflect our commitment to driving sustainable growth and enhancing shareholder value," stated Roberto Mederos, CEO. "These 10 key retailers represent a prime distribution channel for our premium brands and provide us with a crucial opportunity for market penetration. Strong sales growth through these partnerships is a key factor in our projected Q1 2025 financial performance."
The 10 partner stores are strategically located and are recognized for their high standards of customer service and expertise in the cigar industry. This network will provide critical distribution channels, contributing to enhanced market penetration and sales growth in the upcoming quarter. Details on the individual store locations and anticipated financial contributions are available below.
Neptune Cigar SuperStore neptunecigar.com
The District Cigars The District Cigar Lounge
Miami Humidor miamihumidor.net
Empire Social Dadeland Empire Social Lounge
Smoke on the Water Smoke On the Water Cigar Bar in Weston, Florida
Stixx Cigar Lounge and Whiskey Bar Stixx Cigar Lounge
Tobacco Depot Tobacco Depot
Silver Leaf Cigar Lounge Silver Leaf Cigar Lounge
Outlaw Cigar Co - South The Outlaw Cigar Company | Online Cigars & Accessories
Two Guys Smoke Shop 2 Guys Cigars | Online Premium Cigar Shopping - Buy Premium Cigars Online From 2 Guys Cigars
The successful execution of this expansion initiative reinforces Green Leaf Innovations' focus on building strong, long-term partnerships with premium retailers. This approach is expected to drive significant revenue growth and operational efficiencies, ultimately improving profitability and creating greater shareholder value in the coming months. Preliminary projections for Q1 2025 revenue are expected to reflect a strong positive trend driven by this new partnership initiative. A detailed financial outlook will be provided in the upcoming quarterly shareholder report.
About Green Leaf Innovations, Inc.
Green Leaf Innovations, Inc., a Florida corporation, is an emerging growth company engaged in the Marketing and Distribution of handmade premium cigars. The company strategically imports and exclusively distributes some of the best known premium cigar brands in the Market created by the Mederos family a Third generation Cigar maker with Robert Mederos at the helm who has owned and operated handmade cigar operation in Nicaragua and the US for over 20 years with a rich family history in the craft dating back to the 1800s Cuba, brands such as CUBANACAN, MEDEROS and TABACALERA SERRANO. In addition to it the company also distributes packaged whole leaf Tobacco to cigar lounges, smoke shops, C-stores and vape shops across the United States and soon International Markets.
Additional information can be found on our websites http://www.greenleafinnovation.com or follow us on Twitter
For more information, press only:
Phone number: (800) 303-6268
Email: info@greenleafinnovation.com
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. The Company may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Annual Reports on Form 10-K and its other filings with the Securities and Exchange Commission. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. The Company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise.
Contact Information
RYAN MEDICO
MARKETING MANAGER
info@greenleafinnovation.com
8003036268
SOURCE: Green Leaf Innovations,Inc.
View the original press release on accesswire.com
https://www.otcmarkets.com/stock/GRLF/news/Green-Leaf-Innovations-Inc-Strengthens-Retail-Presence-and-Positions-for-Growth-in-2025-With-Key-Partnerships---01?id=463690
Green Leaf Innovations Sets Ambitious 2025 Goal of Reaching 1,000 Independent Retail Cigar Shops Carrying Our Cigar & Accessories Product LinePress Release | 01/03/2025
PEMBROKE PINES, FLORIDA / ACCESSWIRE / January 3, 2025 / Green Leaf Innovations, Inc. (OTC PINK:GRLF), a leading distributor of premium handmade cigars announces a bold new goal: to secure partnerships with 1,000 independent Retail Cigar Shops across America by the end of 2025. This initiative underscores Green Leaf's commitment to growth and expansion while providing a platform for its select portfolio of different taste profiles uniquely blended with USA, Nicaraguan, Honduran, Dominican, Ecuadorian and Mexican Tobacco to reach a wider consumer base.
Green Leaf Innovations' diverse portfolio of premium brands, including EL MAGO, MAL.CRI.AO, EL CUBANO, COCOA (MGE Antalya), CUBANACAN, MEDEROS, TABACALERA SERRANO already known for their quality craftsmanship and distinctive flavor profiles. This expansion strategy aims to place these high-quality cigars into the hands of consumers through independent retailers who value expertise and authenticity in their offerings.
"Our commitment to quality and craftsmanship extends to our retail partners," stated Roberto Mederos, CEO. "By partnering with 1,000 independent cigar shops, we are not just increasing our market reach, but also supporting the vibrant culture of cigar enthusiasts. These partnerships will enable us to connect directly with our target consumer and provide an enhanced experience."
The collaboration between Green Leaf Innovations and independent cigar shops is expected to provide mutual benefits. The shops will gain access to a premium selection of Nicaraguan manufactured handmade cigars and benefit from the brand recognition of Green Leaf's portfolio. In turn, Green Leaf Innovations, Inc. through it's Subsidiary SOFLO wholesale Group, Inc. dba/Green Leaf Heritage Group will expand its distribution network and reach a broader consumer base.
"This aggressive but achievable goal reflects our strategic vision for growth. We are confident that this initiative will be crucial in growing our company as a significant player in the premium cigar market in the coming years."
Green Leaf Innovations will continue to invest in its marketing and distribution channels to support this expansive partnership initiative, ensuring that its select portfolio of premium handmade cigars reaches the desired target audience through a significant network of independent cigar shops.
About Green Leaf Innovations, Inc.
Green Leaf Innovations, Inc., a Florida corporation, is an emerging growth company engaged in the Marketing and Distribution of handmade premium cigars. The company strategically imports and exclusively distributes some of the best known premium cigar brands in the Market created by the Mederos family a Third generation Cigar maker with Robert Mederos at the helm who has owned and operated handmade cigar operation in Nicaragua and the US for over 20 years with a rich family history in the craft dating back to the 1800s Cuba, brands such as CUBANACAN, MEDEROS and TABACALERA SERRANO. In addition to it the company also distributes packaged whole leaf Tobacco to cigar lounges, smoke shops, C-stores and vape shops across the United States and soon International Markets.
Additional information can be found on our websites http://www.greenleafinnovation.com or follow us on Twitter
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. The Company may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Annual Reports on Form 10-K and its other filings with the Securities and Exchange Commission. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. The Company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise.
Contact Information
RYAN MEDICO
MARKETING MANAGER
info@greenleafinnovation.com
8003036268
SOURCE: Green Leaf Innovations,Inc.
View the original press release on accesswire.com
https://www.otcmarkets.com/stock/GRLF/news/Green-Leaf-Innovations-Sets-Ambitious-2025-Goal-of-Reaching-1000-Independent-Retail-Cigar-Shops-Carrying-Our-Cigar--Acce?id=463601
Green Leaf Innovations's Strategic Capital Reduction Update and a Key Component of the Company's 2025 Restructuring Plans AheadPress Release | 12/19/2024
PEMBROKE PINES, FLORIDA / ACCESSWIRE / December 19, 2024 / Green Leaf Innovations, Inc. (OTC PINK:GRLF), a Florida-based company specializing in the marketing and distribution of premium handmade cigars, today announced the successful approval by the State of Florida of a significant reduction in its authorized shares. This reduction, effective immediately, lowers the authorized common shares from 60 billion to 20 billion.
https://search.sunbiz.org/Inquiry/CorporationSearch/ConvertTiffToPDF?storagePath=COR%5C2024%5C1218%5C00414109.Tif&documentNumber=P01000117523
This strategic capital reduction is a key component of GRLF's 2025 restructuring plan, significantly enhances the company's financial flexibility and positions it for accelerated growth. The move addresses existing debt obligations, improves liquidity, and facilitates the execution of key acquisition plans. Crucially, this reduction supports the company's 2025 financial plan which will incorporate potentially a stock buyback plan by Q2 2025, further demonstrating our commitment to financial responsibility and maximizing long-term shareholder value.
"This authorized share reduction is a decisive step forward in strengthening GRLF's financial foundation for long-term success," stated CEO Roberto Mederos. "By streamlining our capital structure and proactively managing our debt, we are creating the ideal platform to capitalize on the significant opportunities emerging in the premium cigar market. The recent SOFLO Wholesaler Group acquisition, combined with this share reduction, demonstrates our commitment to maximizing shareholder value and positioning GRLF for substantial growth in 2025 and beyond."
GRLF anticipates the streamlined capital structure will foster greater market confidence and enhance its ability to execute on its 2025 strategic objectives. A detailed update on the company's 2025 restructuring plan and acquisition strategy will be forthcoming in a dedicated investor presentation scheduled for end of Q1 2025.
About Green Leaf Innovations, Inc.
Green Leaf Innovations, Inc., a Florida corporation, is an emerging growth company engaged in the Marketing and Distribution of handmade premium cigars. The company strategically imports and exclusively distributes some of the best known premium cigar brands in the Market created by the Mederos family a Third generation Cigar maker with Robert Mederos at the helm who has owned and operated handmade cigar operation in Nicaragua and the US for over 20 years with a rich family history in the craft dating back to the 1800s Cuba, brands such as CUBANACAN, MEDEROS and TABACALERA SERRANO. In addition to it the company also distributes packaged whole leaf Tobacco to cigar lounges, smoke shops, C-stores and vape shops across the United States and soon International Markets.
Additional information can be found on our websites http://www.greenleafinnovation.com or follow us on Twitter @otcgrlf.
For more information, press only:
Phone number: (800) 303-6268
Email: info@greenleafinnovation.com
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. The Company may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Annual Reports on Form 10-K and its other filings with the Securities and Exchange Commission. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. The Company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise.
Contact Information
RYAN MEDICO
MARKETING MANAGER
info@greenleafinnovation.com
800-303-6268
SOURCE: Green Leaf Innovations, Inc.
View the original press release on accesswire.com
https://www.otcmarkets.com/stock/GRLF/news/Green-Leaf-Innovationss-Strategic-Capital-Reduction-Update-and-a-Key-Component-of-the-Companys-2025-Restructuring-Plans-?id=462933
Green Leaf Innovations,Inc. Completes Capital Share Reduction by 66%Press Release | 12/17/2024
PEMBROKE PINES, FL / ACCESSWIRE / December 17, 2024 / Green Leaf Innovations, Inc. (OTC PINK:GRLF), a Florida-based company specializing in the marketing and distribution of premium handmade cigars, today announces a significant capital reduction, streamlining our corporate structure for 2025. We've reduced the authorized shares by 66%, bringing the total authorized common shares from 60 billion to 20 billion, effective immediately.
This decisive action, approved by the Board of Directors and filed with the State of Florida is a critical component of our restructuring plan for 2025. We will proactively address existing financial obligations by continue renegotiating the company's debt to bolstering our financial position and strengthening our foundation for future growth. This reduction demonstrates our commitment to financial responsibility and long-term value for our shareholders and our acquisition plans for 2025.
Mr. Mederos, CEO, stated "Our recent acquisition of SOFLO Wholesaler Group and the common share authorized reduction will significantly strengthen our 2024 year-end financials, boosting market confidence and shareholder value. We believe the company is currently undervalued, compared to other public companies in the tobacco industry and that the 2025 restructuring and acquisition plans will increase shareholder value and position the company appropriately for 2025 and beyond.
About Green Leaf Innovations, Inc.
Green Leaf Innovations, Inc., a Florida corporation, is an emerging growth company engaged in the Marketing and Distribution of handmade premium cigars. The company strategically imports and exclusively distributes some of the best known premium cigar brands in the Market created by the Mederos family a Third generation Cigar maker with Robert Mederos at the helm who has owned and operated handmade cigar operation in Nicaragua and the US for over 20 years with a rich family history in the craft dating back to the 1800s Cuba, brands such as CUBANACAN, MEDEROS and TABACALERA SERRANO. In addition to it the company also distributes packaged whole leaf Tobacco to cigar lounges, smoke shops, C-stores and vape shops across the United States and soon International Markets.
Additional information can be found on our websites http://www.greenleafinnovation.com or follow us on Twitter @otcgrlf.
For more information, press only:
Phone number: (800) 303-6268
Email: info@greenleafinnovation.com
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. The Company may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Annual Reports on Form 10-K and its other filings with the Securities and Exchange Commission. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. The Company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise.
Contact Information
RYAN MEDICO
MARKETING MANAGER
info@greenleafinnovation.com
8003036268
SOURCE: Green Leaf Innovations, Inc.
View the original press release on accesswire.com
https://www.otcmarkets.com/stock/GRLF/news/Green-Leaf-InnovationsInc-Completes-Capital-Share-Reduction-by-66?id=462575
Green Leaf Innovations, Inc. Achieves Over 2,200% Revenue Growth Year-Over-YearPress Release | 11/18/2024
Company Eliminates Debt, Avoiding a 950 Million Share Dilution.
PEMBROKE PINES, FL / ACCESSWIRE / November 18, 2024 / Green Leaf Innovations, Inc. (OTC PINK:GRLF), a Florida-based emerging growth company specializing in the marketing and distribution of premium handmade cigars, is thrilled to announce its highest quarterly revenue in company history, fueled by the successful acquisition of SOFLO Wholesaler Group, Inc. This milestone highlights Green Leaf's commitment to strategic expansion and shareholder value.
For Q3 2024, Green Leaf Innovations reports consolidated revenues of over $1.1 million, representing an extraordinary 2,200% year over year. This transformational growth is a direct result of integrating SOFLO's robust distribution network and premium cigar product portfolio, showcasing the company's ability to execute and scale effectively.
Beyond its remarkable revenue performance, Green Leaf Innovations has taken significant steps to strengthen its financial foundation. The company successfully eliminated several convertible notes from its balance sheet, notes that could have potentially converted into over 950 million shares. These proactive measures reflect Green Leaf's dedication to protecting its shareholders and preserving its capital structure.
"The acquisition of SOFLO Wholesaler Group, Inc. has not only redefined our financial trajectory but also reinforced our commitment to delivering shareholder value," said Roberto Mederos, CEO of Green Leaf Innovations, Inc. "Achieving over 2,200% year-over-year revenue growth is a testament to our team's strategic vision and execution, as well as the enduring demand for premium cigars in the marketplace."
Green Leaf Innovations continues to expand its footprint across domestic and international markets, serving a growing customer base that includes cigar lounges, smoke shops, and duty-free retailers. The company remains focused on scaling operations, driving profitability, and sustaining long-term growth.
About Green Leaf Innovations, Inc.
Green Leaf Innovations, Inc., a Florida corporation, is an emerging growth company engaged in the Marketing and Distribution of handmade premium cigars. The company strategically imports and exclusively distributes some of the best known premium cigar brands in the Market created by the Mederos family a Third generation Cigar maker with Robert Mederos at the helm who has owned and operated handmade cigar operation in Nicaragua and the US for over 20 years with a rich family history in the craft dating back to the 1800s Cuba, brands such as CUBANACAN, MEDEROS and TABACALERA SERRANO. In addition to it the company also distributes packaged whole leaf Tobacco to cigar lounges, smoke shops, C-stores and vape shops across the United States and soon International Markets.
Additional information can be found on our websites http://www.greenleafinnovation.com or follow us on Twitter @otcgrlf.
For more information, press only:
Phone number: (800) 303-6268
Email: info@greenleafinnovation.com
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. The Company may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Annual Reports on Form 10-K and its other filings with the Securities and Exchange Commission. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. The Company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise.
Contact Information
RYAN MEDICO
MARKETING MANAGER
info@greenleafinnovation.com
8003036268
SOURCE: Green Leaf Innovations, Inc.
View the original press release on accesswire.com
https://www.otcmarkets.com/stock/GRLF/news/Green-Leaf-Innovations-Inc-Achieves-Over-2200-Revenue-Growth-Year-Over-Year?id=459443
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