Company: LIFD
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001096906-25-000346
Chunk: 1393

Company: LFTD PARTNERS INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 2
Chunk 1393
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LFTD Partners’ CEO GJacobs and its President and CFO WJacobs live in Florida, and LFTD Partners’ COO NWarrender lives part time in Wisconsin and part time in Florida. The Company currently does not have a dedicated corporate office for LFTD Partners other than in the home office spaces provided by the Company’s CEO and President and CFO in Florida. The future location of LFTD Partners’ corporate office will depend upon a number of factors, including where our CEO is living at the time. 

Summary of Real Property Owned or Leased by LFTD and Lifted:

Address: 5511 95th Avenue, Kenosha, WI, 53144

Purchase Date: December 14, 2023

Purchase Price: $1,375,000

Square Footage: 11,238 sq. ft.

Use: Office space, manufacturing, storage

 94Table of Contents

Address: 8910 58th Place Suites 100, 600 and 700, Kenosha WI 53144

Lease Began: 2021

Square Footage: 31,000 sq. ft.

Use: Shipping & Receiving, Packaging, Offices

Address: 5732 95th Ave, Suites 100, 200 and 300, Kenosha, WI 53144

Lease Began: 2022

Square Footage: 7,325 sq. ft.

Use: Gummy Manufacturing

Address: 789 Tech Center Drive, Unit C, Durango, Colorado 81301

Lease Began: 2024

Square Footage: 2,205 sq. ft.

Use: Joint and other flower product production

Refer to NOTE 10 – CONTINGENT CONTRACTUAL OBLIGATIONS AND COMMERCIAL COMMITMENTS for descriptions of the leased and real property owned by Lifted. From time to time, the Company maintains inventory at third party facilities around the United States.

ITEM 3. LEGAL PROCEEDINGS

From time to time, we may become involved in various lawsuits and legal proceedings which arise in the ordinary course of business. However, litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm our business. 

For more information, please refer to NOTE 11 – LEGAL PROCEEDINGS under the Notes to the Consolidated Financial Statements.

ITEM 4. MINE SAFETY DISCLOSURES