LEEF Brands closes US$5.2 million private placement of Series A-2 preferred shares

• Leef Brands closed an oversubscribed preferred share financing, lifting total gross proceeds across closings to about US$14.5 million.
• Issued 20,800,000 Preferred Shares - Series 2 at US$0.25 for US$5.2 million in gross proceeds.
• Also issued 12,601,551 Series 2 preferred shares in an exchange that cancelled 11,204,376 Preferred Shares - Series 1.
• Series 2 preferred shares are convertible into common shares at an initial conversion price of US$0.25.
• Proceeds earmarked to buy a cannabis processing and storage facility supporting Salisbury Canyon Ranch biomass handling before transport to LEEF Labs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Leef Brands Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607270800PRIMZONECNPR____9788244) on July 27, 2026, and is solely responsible for the information contained therein.