Leafbuyer Technologies, Inc. (OTC: LBUY)

Leafbuyer Technologies, Inc. operates a marketing technology platform that serves the cannabis industry. The company’s wholly owned subsidiary, LB Media Group, LLC, provides a suite of tools for customer acquisition and retention, including text messaging, loyalty programs, and custom branded applications. Its platform enables dispensaries to send SMS and MMS messages, push notifications, and to publish real time deals on Leafbuyer.com. The technology also supports online ordering, menu management, and analytics for tracking return on investment. Leafbuyer’s headquarters are located in Greenwood Village, Colorado, and the company employs a team of 12 full-time and part-time staff. Sales representatives are based in Colorado, Oklahoma, and Iowa, and the firm works with various development and referral contractors.

Leafbuyer Technologies, Inc. generates revenue primarily from recurring subscription fees for its platform services. Customers pay a monthly usage fee for text marketing capabilities and a separate subscription fee for custom branded applications. The company also offers premium add ons such as an enhanced loyalty program, the Total Network Solution that posts SMS and MMS messages in real time to Leafbuyer.com, and Instant Action which enables video messaging within MMS streams. These premium services are priced as upgrades to the core messaging offering and contribute to higher average revenue per user. In addition, Leafbuyer earns income from analytics and reporting tools that help dispensaries measure the effectiveness of their marketing campaigns.

Leafbuyer Technologies, Inc. competes in a rapidly expanding cannabis technology market that Fortune Business Insights projects to reach 197 billion dollars by 2028. The company faces competition from other marketing platforms, point of sale providers, and loyalty program specialists. Leafbuyer differentiates itself through its real time deal posting system that instantly displays promotional messages on its searchable website, giving dispensaries direct access to new consumers. Its technology integrates with approximately 90% of the leading point of sale systems, reducing friction for retailers adopting the platform. Because Leafbuyer does not cultivate or sell cannabis, it can enter new legal markets with minimal incremental cost, relying mainly on sales and marketing efforts to onboard dispensaries. The firm’s continuous product updates, such as the June 2024 release of an enhanced loyalty program and Instant Action, help maintain a competitive edge in attracting and retaining customers.

Leafbuyer Technologies, Inc. serves licensed cannabis dispensaries and product companies operating in legal medical and recreational markets. As of June 2025, the company had clients in 26 states, including California, Colorado, Washington, Oklahoma, Oregon, and Michigan. Its customer base ranges from independent retailers to multi state operators seeking digital marketing and loyalty solutions. The firm also works with ancillary cannabis businesses that want to reach consumers through targeted text and video messaging campaigns.