Leef Brands (OTCMKTS:ICNAF) Trading 22.1% Higher – Still a Buy?

Leef Brands Inc. (OTCMKTS:ICNAFGet Free Report) shares shot up 22.1% on Thursday . The stock traded as high as $0.2149 and last traded at $0.2075. 969,587 shares traded hands during mid-day trading, an increase of 1,108% from the average daily volume of 80,264 shares. The stock had previously closed at $0.17.

Leef Brands Stock Performance

The company’s 50 day moving average price is $0.17 and its two-hundred day moving average price is $0.16.

Leef Brands Company Profile

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Leef Brands Corp. (OTCMKTS:ICNAF) is a Canadian consumer packaged goods company focused on the development, manufacturing and distribution of cannabis-infused edible products. Primarily serving adult-use recreational markets, the company’s core portfolio includes honey squares, fruit-flavored gummies and chocolate bars formulated to deliver precise dosing of THC and other cannabinoid compounds.

Leef Brands operates through strategic partnerships with licensed cultivators and co-manufacturing facilities to source hemp- and cannabis-derived extracts.

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