VANCOUVER, British Columbia — LEEF Brands Inc. increased its previously announced private placement offering. The Company now intends to issue up to 7,600,000 units at a price of C$0.25 per Unit, for gross proceeds of up to C$1.9 million.
Each Unit will consist of one common share and one common share purchase warrant. Each Warrant entitles the holder to purchase one additional common share at a price of C$0.30 for a period of 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. Securities issued will not be subject to a statutory hold period under applicable Canadian securities laws.
Net proceeds are anticipated to be used for general working capital purposes, supporting the Company’s continued momentum from its successful harvest at Salisbury Canyon Ranch and accelerating the scale of operations in New York.
“This increased financing underscores investor confidence and better positions us for expanding our extraction operations across both coasts,” said Micah Anderson, CEO of LEEF Brands. “It enhances our ability to vertically integrate, improve margins, and explore new revenue streams.”
The offering is expected to close on or about August 15, 2025, or on such other date(s) determined by the Company, subject to customary closing conditions, including approval of the Canadian Securities Exchange.
About LEEF Brands, Inc.
LEEF Brands Inc. is a leading California- and New York-based extraction and manufacturing cannabis company. With a comprehensive supply chain, innovative manufacturing processes, and a dynamic bulk concentrate portfolio, LEEF powers some of the largest cannabis brands in the United States.
