[PRESS RELEASE] – VANCOUVER, British Columbia, July 24, 2025 – LEEF Brands Inc., a premier California and New York cannabis operator, announced a private placement offering of up to 4 million units of the company for C$0.25 per unit (the "offering price") for gross proceeds of up to C$1 million.
Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share of the company for C$0.30 for 24 months from the closing date of the offering.
The offering is being conducted pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions (the "LIFE Exemption"). Securities issued under the LIFE Exemption will not be subject to a statutory hold period in accordance with applicable Canadian securities laws. There is an offering document related to the Offering that can be accessed under the company's profile at www.sedarplus.ca and at www.LeefBrands.com. Prospective investors should read this offering document before making an investment decision.
The net proceeds from the offering are anticipated to be used for general working capital purposes.
"This financing supports our momentum coming out of the first successful harvest at Salisbury Canyon Ranch and positions us to accelerate our operations in New York,” LEEF Brands CEO Micah Anderson said. “We’re focused on improving margins through vertical integration and unlocking new revenue streams as we scale production on both coasts.”
The offering is expected to close on or about Aug.10, 2025, or on such other date or dates as the company may determine. Closing of the offering is subject to customary closing conditions, including approval of the Canadian Securities Exchange (CSE).
