LFTD Partners Inc (OTC: LIFD) is a holding company that operates in the hemp-derived cannabinoid and distilled spirits sectors through its subsidiaries. Revenue is generated primarily through the sale of hemp-derived products under the Lifted brand, with additional equity investments in Ablis and Bendistillery, an Oregon-based distillery located in Bend, Oregon. Lifted sources certain components, including vapes and cartridges, exclusively from China, and uses third-party co-packers, including a facility in Orange County, California. The company pursues an acquisition-oriented strategy, seeking additional merger and acquisition targets alongside its existing operating subsidiaries. As of the 10-K filed April 1, 2026, net cash provided by operating activities was $1,321,503 for the year ended December 31, 2025, compared to net cash used in operating activities of $960,067 for the year ended December 31, 2024. Gerard M. Jacobs and Nicholas S. Warrender are among the principal shareholders. The company carries preferred stock with dividend obligations and disclosed limited cash resources as of December 31, 2025.

Revenue model

Transactional product sales of hemp-derived cannabinoid goods under the Lifted brand, sold through third-party distributors and direct shipping. Subsidiary Bendistillery generates revenue from distilled spirits sales. The company also holds equity investments in Ablis and Bendistillery rather than consolidating all operations.

Products and services

Hemp-derived cannabinoid products including vapes and cartridges sold under the Lifted brand, with a proprietary trademark for 'Urbar'. Distilled spirits produced at Bendistillery's facility in Bend, Oregon. Equity investments in Ablis and Bendistillery are held on the balance sheet as of December 31, 2025.

Customers and end markets

End consumers of hemp-derived cannabinoid products and alcoholic beverages. Products are distributed through third-party shippers and distributors. No specific customer concentration percentages are disclosed in the filing excerpts.

Value-chain role

Brand owner and holding company. Lifted outsources manufacturing to third-party co-packers, including a facility in Orange County, California, and sources vapes and cartridges exclusively from Chinese suppliers. Bendistillery operates its own distillery in Bend, Oregon. The company relies on third-party shippers for product fulfillment.

Geographic exposure

Primary operations in the United States. Lifted sources vapes and cartridges exclusively from China. Bendistillery operates in Bend, Oregon. Co-packing occurs in Orange County, California.

Competitors

Domestic and international alcoholic beverage companies (unnamed in filing), Hard seltzer producers (unnamed in filing), Ready-to-drink canned cocktail producers (unnamed in filing)

Source: SEC 10-K, filed 2026-04-01

Industry: Pharmaceutical Preparations Peers: ALTEROLA BIOTECH INC. BioForce Nanosciences Holdings Inc FitLife Brands Inc LifeMD Inc Estee Lauder Companies Inc Upexi, Inc Nature's Sunshine Products Inc United-Guardian Inc