Lucky Leaf Co.

What Lucky Leaf Co. does

Lucky Leaf Co. is a privately held, direct-to-consumer cannabis retail dispensary operating in Washington State under ownership of David Morgan. The company was founded in 2018 and opened its first store on First Avenue in downtown Spokane, subsequently adding a second location in Pasco in the Tri-Cities area after the city lifted a decade-long ban on retail cannabis operations in June 2023. Lucky Leaf sells a standard dispensary assortment including flower, prerolled joints, concentrates, and CBD/THC products to adult retail consumers, operating on a cash-only basis as required by Washington state regulations and not offering delivery. The business supports in-store purchases with an online menu system, a customer loyalty program delivered through enrollnow.vip, and social media channels on Instagram, Facebook, and Twitter for customer acquisition and engagement.

The business model is straightforward multi-unit retail: revenue is generated per transaction at the point of sale across two physical storefronts, with no wholesale, B2B, or contract revenue streams. There is no disclosed institutional investment, no public financial reporting, and no evidence of AI/ML or proprietary technology beyond standard SMB retail tooling. Competitive positioning is anchored on licensed access to the Washington retail cannabis market, early presence in Pasco following the municipal regulatory opening, and local brand visibility through community and social channels rather than on technology differentiation or scale advantages.

Name

Lucky Leaf Co.

Legal name

Lucky Leaf

Website

https://luckyleaf.co

Company type

Private

Founded year

2018

Operating status

Operating

Short description

Lucky Leaf Co. is a privately held, owner-operated cannabis retail dispensary founded in 2018, operating two cash-only storefronts in Spokane and Pasco, Washington, selling flower, prerolls, concentrates, and CBD/THC products to adult retail consumers.

Ownership category

akta.pro rank

Product category

Cannabis Retail Dispensary

SIC

Retail-Drug Stores And Proprietary Stores (5912)

akta.pro primary industry

Independent/Single-Location Cannabis Dispensaries (CRANAFAE)

akta.pro secondary industry

Cannabis Online Ordering for Dispensary Pickup (Click-and-Collect) (CRANAGAC)

Keywords

• Cannabis retail dispensary
• Recreational marijuana sales
• Flower and concentrates
• Adult-use cannabis
• Retail cannabis store

Headquarters

HQ city

Spokane

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales

Revenue model

1. Cannabis Retail Sales: Lucky Leaf generates revenue through direct retail sales of cannabis products including flower, concentrates, prerolled joints, and related items. The company operates two retail locations in Washington State (Spokane and Pasco) serving recreational cannabis consumers aged 21 and older. Sales are conducted in-store with cash payments as required by state regulations.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Lucky Leaf is a cannabis retail dispensary that sells recreational cannabis products directly to adults aged 21 and older through two physical storefronts in Spokane and Pasco (Tri-Cities), Washington. The product assortment includes cannabis flower, prerolled joints, concentrates, and CBD/THC products, with customers browsing via an online menu before completing purchases in-store under Washington State regulations.

Product overview

Lucky Leaf is a single-location cannabis retail dispensary operating in downtown Spokane, Washington, with an additional location in Pasco (Tri-Cities area) following the lifting of that city's cannabis retail ban in June 2023. The company sells recreational cannabis products including flower, prerolled joints, concentrates, and CBD/THC formulations. Lucky Leaf does not operate a multi-module platform—its offering is a straightforward retail dispensary service with both in-store and limited online ordering capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Lucky Leaf Cannabis Retail Brick-and-mortar recreational cannabis dispensary serving adults 21 and older in Spokane and the Tri-Cities (Pasco) area of Washington State, offering flower, prerolled joints, concentrates, and CBD/THC products through in-store purchases.
• Lucky Leaf Loyalty Program Repeat-customer loyalty enrollment program operated via enrollnow.vip/join/2753 that supports ongoing engagement for in-store cannabis retail customers at Lucky Leaf's Spokane and Pasco locations.
• Lucky Leaf Pasco/Tri-Cities Dispensary Second brick-and-mortar Lucky Leaf dispensary located in Pasco, Washington, serving the Tri-Cities region following the lifting of the local cannabis retail ban and operationalized through the company's separate Tri-Cities menu system.

Quantifiable outcome

• First cannabis retailer in Tri-Cities market following Pasco ban lift

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• Curaleaf: Large multi-state cannabis operator with retail dispensaries across numerous U.S. legal markets. Comparable to Lucky Leaf in core retail format and product mix, though it operates at significantly greater scale and geographic breadth.
• Trulieve: Multi-state cannabis operator with a substantial dispensary footprint across legalized U.S. states. Comparable to Lucky Leaf as a recreational cannabis retailer, though with far greater scale, capital base, and geographic diversification.
• MedMen: Multi-state cannabis retail operator with stores in multiple legalized states. Comparable to Lucky Leaf as a recreational cannabis retailer, though substantially larger in scale and operating beyond Washington's borders.

Emerging players

• New Leaf Cannabis: Privately held cannabis retailer in the Pacific Northwest. Comparable to Lucky Leaf in scale and independent-operator positioning, with partial overlap in retail format and customer demographic.

Direct peers

• Have a Heart: Cannabis retail operator with a presence in Washington State operating adult-use and medical dispensaries. Comparable to Lucky Leaf in store format, regulated retail execution, and Washington-market customer base.
• Canna West Seattle: Independence-minded cannabis dispensary operating in Washington State. Closely comparable to Lucky Leaf as a privately held, single/dual-store Washington adult-use retailer with similar menu-driven, walk-in retail operations.
• The Reef: Seattle-based cannabis dispensary offering adult-use flower, concentrates, and prerolls. Comparable to Lucky Leaf as a small-format Washington retail dispensary serving the same regulated 21+ consumer segments.
• Lux Cannabis: Washington-based cannabis retailer offering recreational cannabis products to adult consumers. Directly comparable to Lucky Leaf in product mix, regulated retail format, and Washington customer base.
• Uncle Ike's: Independent cannabis retail chain operating multiple dispensaries in Washington State, including Seattle. Directly comparable to Lucky Leaf as a Washington adult-use-only dispensary serving similar 21+ consumer segments with a multi-store, owner-operated retail model.
• The Joint Cannabis: Multi-location cannabis retail chain operating in Washington State. Comparable to Lucky Leaf as a state-licensed adult-use dispensary with a brick-and-mortar retail format serving recreational cannabis consumers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights5 records

Customer concentration

• Xtwitter.com/luckyleafco?lang=en
• Facebookfacebook.com/lucky.leaf.co
• Instagraminstagram.com/lucky.leaf.co

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lucky Leaf Co.