Richard Morrissy
On June 14, 2026, Richard (“Rich”) Morrissy notified LFTD Partners Inc. (the “Company”) of his resignation from the Company’s Board of Directors, effective immediately.
Highest-materiality recent filing
LFTD Partners subsidiary agrees to sell Kenosha facility for $1.5M
Purchase price $1.5M; buyer to deposit $150K earnest money.
LFTD Partners loses $350k in USDC stablecoin theft; obtains insider loan for working capital
On April 1, 2025, $350k of USD Coin (USDC) stolen from Company's digital wallet by unauthorized third party.
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).
LFTD Partners secures $3.91M in loans at 9.5%-10%, buys Kenosha building for $1.375M
Joint borrowers LIFD and Lifted Made borrowed $3M working capital (9.5% fixed) and $910K (10% fixed) from Surety Bank.
Revenue split: 60% to Jeeter, 40% to Lifted after cost offsets.
Lifted Made purchases Oculus CRS assets for $368K; merger earn-out capped at $6M
Paid $368,488 cash for Oculus CRS assets including equipment, inventory, and a machine purchase contract for $309,213.
Lifted Made to be exclusive worldwide manufacturer of Diamond-branded vapes, gummies, pre-rolls, and hard candies containing CBD, hemp, delta-8/10-THC, cannabis.
LFTD Partners subsidiary recoups ~$1M from vape manufacturer for clogged devices
Agreement forgives $630,000 in payables and provides $370,047 in future purchase credits.
LFTD Partners accelerates $1.375M note repayment to Dec 2022; extends building purchase to Dec 2023
Remaining note balance $1,833,334; $1,374,999 (75%) accelerated to Dec 31, 2022; final $458,335 due Dec 31, 2024.
Nicholas Warrender loans $2.75M at 2.5%; previous $3.75M note repaid; loan secured by all assets and stock.
LOI dated June 15, 2021 to acquire Savage Enterprises, Premier Greens LLC, and MKRC Holdings, LLC terminated Dec 15, 2021.
LFTD Partners signs LOI to acquire Fresh Farms for ~$45.6M in cash and stock
Total consideration of $14.17M cash plus 7.08M unregistered shares valued at $31.45M using $4.44 closing price.
On June 14, 2026, Richard (“Rich”) Morrissy notified LFTD Partners Inc. (the “Company”) of his resignation from the Company’s Board of Directors, effective immediately.
On August 20, 2024, the Board of Directors of LFTD Partners Inc. appointed Sharial Howard to fill a vacancy to serve as the ninth member of LFTD Partners Inc.'s nine-member Board of Directors, formally accepted by Ms. Howard on August 20, 2024.
Max materiality 0.75 · Median 0.55 · Most common event other_material