Green Leaf Innovations Extends DURTEQ Letter of Intent

Green Leaf Innovations, Inc., an emerging growth company and distributor of premium cigars and agricultural integration platforms, has extended the terms of its Letter of Intent (LOI) with DURTEQ™, a company that specializes in fertilizers, marine biotechnology, and sargassum valorization systems. The extension allows both parties to continue negotiations toward a definitive agreement, with a target date of October 15, 2026.

The strategic partnership aims to provide Green Leaf Innovations with exclusive or preferred distribution and integration rights for DURTEQ™'s comprehensive commercial line of liquid and dry powder organic fertilizers. DURTEQ™ has developed a proprietary Hub-and-Spoke robotic architecture to intercept, process, and valorize the Great Atlantic Sargassum Belt, addressing a significant environmental challenge while creating opportunities for high-value commercial applications.

Roberto Mederos, CEO of Green Leaf Innovations, Inc., expressed satisfaction with the progress made since the LOI was announced in August.

DURTEQ™, formerly CERA CELL CORP., has pioneered a Hub-and-Spoke robotic architecture to intercept, process, and valorize the Great Atlantic Sargassum Belt, converting environmental nuisances into high-value agricultural product verticals, including premium liquid and dry powder organic fertilizers. Daniel Brody, MBA, Chief Investment Officer of DURTEQ™, added, "The extension of the LOI reflects the commitment of both parties to completing the process carefully and strategically. We remain focused on establishing the appropriate framework for a long-term partnership with Green Leaf Innovations and believe their distribution capabilities and international relationships can play an important role in the commercialization and expansion of DURTEQ's agricultural product platform."

The parties are continuing discussions regarding the definitive structure of the proposed transaction, commercial arrangements, distribution and integration rights, manufacturing and deployment initiatives, and other customary terms. The parties currently anticipate targeting October 15, 2026, for execution of a definitive agreement; however, there can be no assurance that a definitive agreement will be executed by that date, or at all.

Green Leaf Innovations, Inc. is an emerging growth company and distributor of premium consumer goods and agricultural integration platforms. The company's portfolio features renowned handmade cigar brands, including CUBANACAN, MEDEROS, and TABACALERA SERRANO, manufactured in Estelí, Nicaragua by the third-generation Mederos tobacco family. Through its wholly owned subsidiary, SOFLO Wholesaler Group, Inc., and international partnerships, Green Leaf distributes to over 400 retail locations and luxury properties worldwide, including the Ritz-Carlton and Bvlgari in the UAE. Building on this established footprint, the company is dedicated to expanding a diversified portfolio of high-value brands and strategic partnerships to drive sustainable, long-term shareholder value.