---
schema_version: "secwatch.filing_event.v1"
accession: "0001096906-25-000193"
form_type: "8-K"
ticker: "LIFD"
cik: "0001391135"
company_name: "LFTD PARTNERS INC."
filed_at: "2025-02-24T23:59:59+00:00"
generated_at: "2026-05-26T05:39:18.206402+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "medium"
source: SEC EDGAR
---

# LFTD Partners enters into five LOIs to acquire cannabis/hemp/real estate businesses for approx 7.6M shares

## Summary
- LOIs target marijuana craft grow, transport, and infuser licenses in Illinois; real estate in Rockford; and hemp/retail brands (Mrs. Buckbee's, District, Half Baked).
- Aggregate consideration up to 7,635,925 unregistered LIFD shares across four acquisition LOIs, plus board/executive changes.
- Board to expand to 10; JM appointed; new 5-year employment agreements for GMJ, NSW, WCJ, JM, EC with performance-based salary increases.
- Closing conditions include license transfers, regulatory approvals (IL, SEC), lender consent from Surety Bank, and audited financials for hemp/retail.
- Either party may terminate if conditions not met by March 15, 2025; parties may extend deadline if good faith efforts ongoing.

## SEC filing metadata
- accession: 0001096906-25-000193
- form_type: 8-K
- ticker: LIFD
- cik: 0001391135
- company_name: LFTD PARTNERS INC.
- filed_at: 2025-02-24T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: medium
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1391135/000109690625000193/0001096906-25-000193-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1391135/000109690625000193/lsfp-20250219.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096906-25-000193
- JSON: https://secwatch.observer/filing/0001096906-25-000193.json
- Plain text: https://secwatch.observer/filing/0001096906-25-000193.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.