Green Leaf Innovations, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $53.0K
- Price
- $0.0071
- % Change (Daily % change from the live per-ticker quote feed.)
- 0.00%
- Volume
- 26.2K
About
Green Leaf Innovations, Inc. operates within the legal cannabis sector, offering a variety of products and services. The company's portfolio includes MJ-Xchange, an interactive social networking platform featuring discussion forums, personalized user profiles, investment tools, chat rooms, and diverse multimedia content like music, videos, and games. Additionally, it manages 420 Concept, an online retail store providing a wide selection of cannabis-related accessories, such as water pipes, vaporizers, grinders, and scales. Green Leaf Innovations also delivers crucial payment processing services specifically designed for the marijuana industry. The entity, founded in 1985, was previously known as Gold Coast Mining Corp. before adopting its current name, Green Leaf Innovations, Inc., in March 2015. Its corporate headquarters are situated in Wilton, Connecticut.
Quick stats
Shares outstanding7.5M
Computed float6.3M
Float / shares84.0%
Key info
SectorConsumer Defensive
IndustryTobacco
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0000915661
Websitehttps://skycut.co
AI Summary
AI-generated1/4
minormixedearnings
Green Leaf Innovations (OTC PINK:GRLF) Reports 51% Sequential Revenue Growth and 115% Net Income Increase in Q2 2026
Green Leaf Innovations reported Q2 2026 revenue of $424,118, up 51.14% sequentially, with net income up 114.69% to $54,535.
However, Q2 revenue was down roughly 28% from $591,621 a year earlier, as the company says it prioritized margin discipline and inventory turnover over volume; operating expenses fell 84% year-over-year and cash rose 43% from year-end to $69,572.
The micro-cap cigar distributor serves 400+ retail locations via its MGE Cigars subsidiary and is expanding into Dubai luxury hospitality through Le Cigaro FZ-LLC, while management continues to evaluate acquisitions.
Red flags
- year-over-year revenue declined ~28% in Q2 despite sequential growth headlines
- micro-cap OTC Pink issuer with very small absolute revenue and cash balances
- results are unaudited