Record Sales Growth After Strategic Acquisitions; New Distribution Agreements for Established Premium Cigar Supplier: Green Leaf Innovations $GRLF

WILTON, Conn. - March 17, 2026 - PRLog -- Emerging Growth Company Engaged in Marketing and Distribution of Handmade Premium Cigars.

Manufacturing Led by Mederos Family-Third-Generation Cuban Cigar Makers with Heritage Dating Back to the 1800s in Cuba.

Portfolio Includes CUBANACAN, MEDEROS, TABACALERA SERRANO, MAL.CRI.AO, and COCOA Brands.

Positioned for Massive Growth as Premium Cigar Market Can Expand in the Island of Cuba with Political Changes.

Cigar Association of America Reports 4.6% Increase in Q3 2025 Imports; Nicaragua Leads with 190.4 Million Cigars.

Record 2024 Annual Revenue Driven by Acquisition of SOFLO Wholesaler Group, Inc., Adding Significant Revenue and Expanded Distribution.

Partnership with Le Cigaro FZ-LLC Securing Distribution via Ritz-Carlton Dubai, Bvlgari Hotels & Resorts, W Hotel Abu Dhabi, and Abu Dhabi National Hotels.

Expanded Distribution to Serve Over 400 Retail Locations Including Cigar Lounges, Smoke and Cape Shops, Convenience Stores and Duty-Free Outlets.

Authorized Common Shares Reduced from Sixty Billion to Fifty Million to Dramatically Reduce Dilution Risk and Attract Institutional Capital.

Advancing e-Commerce and Digital Infrastructure to Capture Growing Online Premium Cigar Market and Enhance Direct-to-Consumer Engagement.

Green Leaf Innovations, Inc. (Stock Symbol: GRLF) is a Florida corporation and emerging growth company engaged in the marketing and distribution of handmade premium cigars. GRLF strategically imports and distributes premium cigar brands manufactured in Estelí, Nicaragua, led by the Mederos family-third-generation Cuban cigar makers with heritage dating back to the 1800s in CUBA. The GRLF portfolio includes CUBANACAN, MEDEROS, TABACALERA SERRANO, MAL.CRI.AO, and COCOA brands.

GRLF distributes to cigar lounges, smoke shops, convenience stores, and vape shops across the United States and international markets and committed to delivering exceptional products to cigar enthusiasts while building shareholder value.

Positioned for Massive Growth as Premium Cigar Market Can Expand in the Island of Cuba

On February 19^th GRLF commented on recent developments in Cuba and potential Implications for the tobacco industry.  GRLF management stated they are focused on opportunities within the global tobacco sector closely monitoring recent developments in Cuba and the evolving regulatory and economic landscape that may shape future trade and investment conditions.

Cuba has long held a historic and internationally recognized position in the premium tobacco industry. The country's tobacco-growing regions, established cultivation practices, and globally respected brands have contributed significantly to its reputation in the global premium cigar and leaf markets. Cuba's cigar monopoly reports $827 million in revenues in 2024.

For many years, demand for Cuban cigars has far outstripped supply. "The demand of clients are not fully covered," acknowledged commercial vice president Jorge Pérez Martell.Habanos sells no cigars to the United States, due to the longstanding U.S. Embargo on Cuba.

"Our industry has deep historical ties to Cuba's heritage and craftsmanship," added GRLF CEO Roberto Mederos. "We remain optimistic about any development that supports economic stability, quality tobacco cultivation, and responsible trade within a transparent regulatory framework."

If further normalization of trade or regulatory adjustments were to occur, potential implications for GRLF and the broader tobacco industry could include:

Expanded access to Cuban-grown tobacco products in new markets.

Increased supply chain integration opportunities.

Strategic partnerships between domestic and international tobacco companies.

Greater competition and product diversification in the premium segment.

Potential investment opportunities related to cultivation, processing, distribution, and branding.

The premium tobacco segment, in particular, could experience structural shifts should broader market access develop. Cuban tobacco is widely regarded for its distinct characteristics, and changes in trade frameworks could influence pricing dynamics, brand positioning, and competitive strategy across the industry.

GRLF believes that disciplined monitoring of geopolitical developments is an important component of long-term strategic planning. GRLF continues to evaluate global trends, regulatory environments, and supply chain opportunities consistent with its growth objectives and compliance obligations.

Premium Cigar Market Expands: Cigar Association of America Reports 4.6% Increase in Q3 2025 Imports; Nicaragua Leads with 190.4 Million Cigars

On February 3^rd GRLF highlighted the company's strategic positioning within a thriving premium cigar market following the release of robust industry data from the Cigar Association of America (CAA).

According to the latest CAA import figures reported by Cigar Aficionado, U.S. handmade cigar imports rose 4.6 percent during the first three quarters of 2025, reaching 318.6 million cigars. Nicaragua, where GRLF manufactures its premium cigar portfolio, continues to lead all producing nations with 190.4 million cigars imported-a 2.1 percent increase over the same period in 2024. The data suggests 2025 will mark the fifth consecutive year where premium cigar imports exceed 400 million units.

GRLF is uniquely positioned to capitalize on this sustained market growth through its vertically integrated operations. The GRLF manufacturing facility in Estelí, Nicaragua-the heart of premium cigar country-combined with its expanded distribution network following the September 2024 acquisition of SOFLO Wholesaler Group, provides a competitive foundation for capturing additional market share.

The GRLF distribution network serves over 400 retail locations across the United States. GRLF continues to pursue its strategic objective of expanding partnerships with independent cigar retailers, offering its diverse portfolio of Nicaraguan, Honduran, Dominican, Ecuadorian, and Mexican tobacco blends.

Additionally, the GRLF international expansion through partnerships such as Le Cigaro FZ-LLC in Dubai and the UAE demonstrates GRLF ability to extend its reach into high-value global markets, further diversifying its revenue streams.

Corporate Update Highlights Record 2024 Revenue, Successful SOFLO Integration, and Strategic Growth Initiatives

On January 13^th GRLF announced a corporate update highlighting the company's transformational 2024 achievements and strategic initiatives in 2025.

Fiscal year 2024 marked a pivotal transformation for GRLF, establishing the foundation for sustainable long-term growth. GRLF achieved record annual revenue driven by the successful September 2024 acquisition of SOFLO Wholesaler Group, Inc., which added significant revenue streams and expanded distribution capabilities.

Key 2024-2025 accomplishments included:

Strategic Acquisition: GRLF completed the acquisition of SOFLO Wholesaler Group, Inc., known for distributing the #1 rated cigars among the Top 30 in the industry, significantly expanding the company's brand portfolio and market presence.

International Expansion: GRLF established a strategic partnership with Le Cigaro FZ-LLC in Dubai and the UAE, securing distribution agreements with prestigious hospitality brands including The Ritz-Carlton Dubai, Bvlgari Hotels & Resorts, W Hotel Abu Dhabi, and Abu Dhabi National Hotels.

Distribution Network Growth: GRLF expanded distribution channels to serve over 400 retail locations including cigar lounges, smoke shops, convenience stores, vape shops, and duty-free outlets.

Brand Portfolio Enhancement: GRLF integrated flagship brands MAL.CRI.AO, CUBANACAN, MEDEROS, and TABACALERA SERRANO, creating a comprehensive portfolio of premium handmade cigars.

2025 Strategic Growth Initiatives

GRLF has outlined an aggressive growth strategy in 2025 focused on domestic expansion, operational efficiency, and shareholder value creation.

Retail Partnership Initiative: GRLF set a goal to secure partnerships with 1,000 independent retail cigar shops across America doubling its current distribution footprint.

Capital Structure Optimization: The GRLF authorized common shares were reduced from Sixty Billion (60,000,000,000) shares to Fifty Million (50,000,000) shares, dramatically reducing shareholder dilution risk and create a capital structure that attracts institutional capital. GRLF is now positioned to compete for capital in markets previously inaccessible to us, while simultaneously protecting existing shareholders from the dilution concerns that plagued our previous structure.

Digital Transformation: GRLF is advancing its e-commerce capabilities and digital infrastructure to capture the growing online premium cigar market and enhance direct-to-consumer engagement.

For more information on GRLF, visit www.greenleafinnovation.com or follow @otcgrlf on X

Media Contact:
Company: Green Leaf Innovations, Inc. (Stock Symbol: GRLF)
Contact: Roberto Mederos, CEO
Email: info@greenleafinnovation.com
Phone: +1 800-303-6268
Country: United States
Website: www.greenleafinnovation.com

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