LFTD Partners Inc.

Company and structure

• Legal status: Nevada corporation and holding company for Lifted Liquids, Inc. (d/b/a Lifted Made), Urb Finest Flowers (Urb), LM Nutra, and Highlandia Inc. (Florida subsidiary).
• Public listing: OTCQB, ticker LIFD.
• Principal operations: Lifted is the primary revenue-generating operating entity; Highlandia is a newly formed beverage brand. Ablis and Bendistillery are minority investments.
• Management: G. Jacobs (Chairman, CEO, Secretary), W. Jacobs (Director, President, CFO, Treasurer), N. Warrender (Vice Chairman, COO).

Core business activities

• Manufacturing and sales of hemp-derived and other psychoactive consumer products under Urb Finest Flowers and related brands.
• Development and sale of hemp-derived beverages under the Highlandia brand; Highlandia Inc. formed October 24, 2025.
• Sale of hemp-free health and wellness gummies under Mielos and hemp-free energy gummies under Rebel Energy Gummy (launched 2024).
• Exclusive worldwide manufacturer and seller of Diamond Supply Co. hemp-derived products.
• Private-label manufacturing, fulfillment, regulatory compliance, and distribution services for third parties.
• Licenses the Urb brand to Extrax NM LLC for use on marijuana products in New Mexico.
• Minority investments include a 4.99% stake in Ablis (hemp-beverage products) and an interest in Bendistillery (Crater Lake Spirits); Bendistillery later merged with Bend Spirits.

Brands, products, and go-to-market

• Urb Finest Flowers: hemp-derived and psychoactive product lines (vapes, cartridges, edibles, joints, etc.).
• Highlandia: hemp-derived beverage brand, sales began in 2026.
• Mielos: hemp-free health and wellness gummies (launched 2024).
• Rebel Energy Gummy: hemp-free energy gummies (launched 2024).
• Diamond-branded hemp-derived products manufactured and sold exclusively by Lifted.
• Provides contract and private-label manufacturing and related services; revenue recognition follows ASC 606 and is reported gross or net depending on the nature of each customer relationship.

Customers, distribution, and scale

• Distribution model: majority sales through distributors, smaller direct-to-retailer sales, and a minority of direct-to-consumer online sales.
• Customer concentration exists through distributor relationships; the company reports some distributors with slow payment patterns.
• Hemp-derived products accounted for approximately 52% of Lifted’s sales for the year ended December 31, 2025.
• Online sales are subject to federal and state regulatory constraints, including amendments to the PACT Act.

Financial highlights (selected)

• Accumulated deficit: $28,839,889 as of December 31, 2025.
• Revenue from manufacturing/sales/marketing agreements (Lifted):
  • 2023: $5,728,663
  • 2024: $2,094,864
  • 2025: $159,968
• License fee revenue:
  • 2023: $0
  • 2024: $280,814
  • 2025: $0
• Extrax NM (ENM) receivables and activity:
  • ENM owed Lifted $421,835 in non-interest-bearing loans and $102,686 in unpaid invoices at year-end 2025.
  • Prior to a July 2025 modification, ENM remitted $286,860.
  • Lifted recognized $481,063 of gross sales to ENM in 2025 under ASC 606 (as principal).
• Impairments and investment valuations as of December 31, 2025:
  • Lifted goodwill impaired to $0 (previous Lifted goodwill $22,292,767; Oculus goodwill $800,027 also fully impaired).
  • Ablis investment written down to $0.
  • Bendistillery (Crater Lake Spirits) investment carried at $99,800.
• Real estate and facilities:
  • 5511 Building (Kenosha, WI) purchased December 14, 2023 for $1,375,000; mortgage outstanding $852,755.
  • Additional leased space in Kenosha totaling approximately 41,000 square feet.
• Employees: approximately 100 full-time and part-time employees and independent contractors as of December 31, 2025.
• Corporate offices are largely operated from home; main production and logistics based in Kenosha, Wisconsin.
• Par value adjustment: Lifted (Illinois entity) changed par value to $0.001 per share in 2025; no change to outstanding share counts.

Intellectual property and branding

• Trademarks and brand identities include Urb Finest Flowers and related brands; retains trade secrets and proprietary formulations.
• Patents: none registered as of the reporting date.
• Brand focus: Urb, Highlandia, Mielos, Rebel Energy Gummy, and Diamond-branded hemp products; licensing arrangements used where appropriate.

Properties and facilities

• 5511 Building: 11,238 sq ft in Kenosha, WI used for offices, manufacturing, and storage; mortgage balance $852,755; company has indicated plans to sell certain properties to consolidate operations.
• Leased facilities: approximately 41,000 sq ft across Kenosha locations, including additions through February 2026.

Corporate strategy and capital needs

• Growth strategy emphasizes acquisitions, including targets outside the hemp/marijuana sectors to diversify regulatory exposure.
• Acquisition financing may include debt and equity and could result in dilution.
• May require substantial capital to fund acquisitions, working capital, potential uplisting efforts, and ongoing operations; no assurance of raising capital on favorable terms.
• Investment Committee evaluates acquisition opportunities; the company may consider stock-for-stock transactions.

Regulatory and risk context

• Operations face evolving federal, state, and local laws affecting hemp, kratom, psychoactive substances, nicotine, and cannabis-related products.
• H.R. 5371 (Continuing Appropriations Act, 2026) includes a national ban on intoxicating hemp-derived consumable products effective November 12, 2026; the company identifies this as a potential material threat to Lifted’s revenue and market value depending on enforcement and changes.
• Regulatory risk includes FDA and DEA positions on hemp-derived cannabinoids and related enforcement actions.
• Tax considerations include potential impacts from Section 280E for cannabis-related activities.
• Banking and capital markets access is constrained by industry stigma and regulatory uncertainty; SAFER Banking Act status affects available options.
• Intellectual property exposure includes trademark and trade secret protection and reliance on license and supplier agreements.

Summary

LFTD Partners Inc. is a Nevada holding company whose primary operating asset is Lifted Liquids, Inc., a manufacturer and seller of hemp-derived and psychoactive consumer products under the Urb brand and related labels. The company also markets hemp-derived beverages under Highlandia and hemp-free gummies under Mielos and Rebel Energy Gummy. Lifted sells primarily through distributors, provides private-label and contract manufacturing services, and is the exclusive worldwide manufacturer for Diamond Supply Co. hemp-derived products. The company holds minority investments in Ablis and Bendistillery and has recognized material impairments in 2025. LFTD reports an accumulated deficit of approximately $28.8 million as of December 31, 2025, and faces regulatory, liquidity, and market risks that could affect future operations and capital access.