Lifted Made cuts workforce to 77 in cost restructuring, targets $736,000 annual savings

LFTD PARTNERS INC

LFTD PARTNERS INC

LIFD

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  • Lifted Made, a subsidiary of LFTD Partners, launched a restructuring to cut operating costs amid regulatory uncertainty in hemp-derived, kratom-derived products.
  • Workforce reduced to 77 from about 100 between June 12-26, 2026.
  • Operating expense run-rate expected to fall by about USD 736,000 per year.
  • Move follows a federal appropriations law signed Nov. 12, 2025 that could restrict intoxicating hemp-derived consumables nationwide from Nov. 12, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LFTD Partners Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606300630PRIMZONEFULLFEED9754554) on June 30, 2026, and is solely responsible for the information contained therein.