[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 contain one common stock and one warrant for the purchase of common shares. 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”). The securities issued under the LIFE Exemption are not subject to any statutory holding period as per applicable Canadian securities law. The Offering Document can be found under the Company’s Profile. www.sedarplus.ca At least www.LeefBrands.com. Before making an investment, prospective investors are advised to read the offering document.
It is expected that the net proceeds of this offering will be used to fund general working capital.
LEEF Brands’ CEO Micah Anderson stated that “this financing will help us build on our success from the harvest in Salisbury Canyon Ranch, and position us to expand our New York operations.” We’re focused to improve margins by vertically integrating and unlocking revenue streams while we scale up production on both sides of the country.
It is anticipated that the offering will close around Aug. 10, 2025 or at any other dates determined by the company. Closing the offering depends on customary conditions including the approval of CSE.