Asset Manager

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LFTD Partners

LFTD Partners operates as a publicly traded holding company built around its wholly-owned subsidiary Lifted Made, a manufacturer and seller of...

LFTD Partners

LFTD Partners operates as a publicly traded holding company built around its wholly-owned subsidiary Lifted Made, a manufacturer and seller of hemp-derived psychoactive cannabinoid products. The firm was shaped by CEO Gerard M. Jacobs, who previously ran a publicly traded entity and repurposed the corporate structure to acquire Lifted Made in a transaction that gave the target company's founders majority control of the public vehicle. Lifted Made was co-founded by Nicholas S. Warrender, a former bandmate of country artist Zac Brown, and operates from a manufacturing facility in Kenosha, Wisconsin. The firm's core product line consists of consumable goods containing Delta-8 THC, Delta-9 THC, and other intoxicating compounds derived from hemp — molecules chemically identical or similar to those found in marijuana but sourced from plants with less than 0.3% Delta-9 THC by dry weight, fitting a legal definition established by the 2018 Farm Bill. Revenue is generated through direct-to-consumer e-commerce via the Urb brand, as well as wholesale distribution to smoke shops, convenience stores, and gas stations across the United States. The product catalog spans vape cartridges, gummies, and disposable devices, often in flavors and packaging formats that closely resemble conventional candy and snack branding. LFTD Partners occupies a narrow legal corridor under federal law, but operates in a landscape where multiple state attorneys general and the DEA have taken inconsistent enforcement positions on hemp-derived intoxicants. The firm discloses in SEC filings the material risk that regulatory reclassification or enforcement action could halt operations. Total revenue for the years 2022 and 2023 topped $50 million annually, per corporate filings, though profitability has been constrained by the cost of scaling manufacturing capacity in Kenosha.

General information

Firm type

Asset Manager

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Jacksonville

Corporate office

Jacksonville, FL, United States

Principals

Gerard M. Jacobs

Chief Executive Officer

Sector focus

CannabisConsumer Packaged Goods

Frequently asked questions

Who runs investment and operational decisions at LFTD Partners?

Gerard M. Jacobs serves as CEO and controls the strategic direction of the holding company, while Nicholas S. Warrender runs day-to-day operations at Lifted Made, the wholly-owned operating subsidiary. The acquisition was structured as a reverse merger, which left Warrender and his co-founders as the largest shareholders of the public entity.

How does LFTD Partners generate revenue?

The firm manufactures psychoactive hemp-derived cannabinoid products — primarily Delta-8 and Delta-9 THC vapes and edibles — sold under the Urb brand. Distribution runs through e-commerce direct-to-consumer channels and wholesale to brick-and-mortar retailers, with manufacturing concentrated in a single facility in Kenosha, Wisconsin.

What is the legal risk embedded in LFTD Partners' business model?

The company relies on the 2018 Farm Bill's definition of legal hemp, but the DEA and several state governments have asserted that synthetically converted Delta-8 THC is a controlled substance. LFTD Partners discloses in its 10-K that a shift in federal interpretation, or state-level bans, could materially impair the entire revenue base. The firm operates with the knowledge that its products are functionally indistinguishable from marijuana in jurisdictions where marijuana remains illegal.

Is LFTD Partners a cannabis company or a CPG company?

It is legally a hemp company, but its products target the same consumer demand as state-licensed marijuana products. The distinction is primarily regulatory: the source plant is hemp rather than marijuana, and the company does not hold any state-licensed cannabis dispensary or cultivation licenses.

What is the relationship between LFTD Partners and the Zac Brown Band?

Nicholas S. Warrender, co-founder and president of Lifted Made, performed as a member of the Zac Brown Band before founding the company. The band itself has no disclosed equity stake or operational role in LFTD Partners, but Warrender's biography and network are frequently referenced in the firm's public materials.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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