VANCOUVER, British Columbia, July 24, 2025 (GLOBE NEWSWIRE) -- LEEF Brands, Inc. (CSE: LEEF, OTC: LEEEF) ("LEEF" or the "Company"), a premier California and New York cannabis operator, is pleased to announce a private placement offering (the "Offering") of up to 4,000,000 units of the Company (the “Units”) at a price of C$0.25 per Unit (the "Offering Price"), for gross proceeds of up to C$1,000,000.

Each Unit will consist of one common share and one common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to purchase one additional common share of the Company at a price of C$0.30 for a period of 24 months from the closing date of the Offering (the "Closing Date").

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,” said Micah Anderson, CEO of LEEF Brands. “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 August 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 (the "CSE").

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. For more information, visit www.LeefBrands.com.

Forward-Looking Statements

This news release contains certain forward-looking information and forward-looking statements, as defined in applicable securities laws (collectively, "forward-looking statements"), including, but not limited to, statements regarding the anticipated closing and terms of the Offering, the anticipated use of net proceeds from the Offering, the anticipated approval of the Offering by the CSE, the anticipated effects of the Offering on the Company and the Company's future financial condition, operations, and objectives.

Forward-looking statements reflect current expectations or beliefs regarding future events or the Company's future performance or financial results. All statements other than statements of historical fact are forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "continues", "forecasts", "projects", "predicts", "intends", "anticipates", "targets" or "believes", or variations of, or the negatives of, such words and phrases or state that certain actions, events or results "may", "could", "would", "should", "might" or "will" be taken, occur or be achieved. All forward-looking statements, including those herein, are qualified by this cautionary statement.

Although the Company believes that the expectations expressed in such statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the statements.

There are certain factors that could cause actual results to differ materially from those in the forward-looking information, including, but not limited to the risks that the Company does not close the Offering on the anticipated terms or at all, the Company does not use the net proceeds from the Offering as anticipated, the CSE does not approve the Offering, the Offering does not have the anticipated effects on the Company and the Company's future financial condition, operations, and objectives are not as anticipated, as well as the risks disclosed in the Company's public filings on the Company's issuer profile on SEDAR+ at www.sedarplus.ca. Accordingly, readers should not place undue reliance on forward-looking statements.

For more information on the Company, investors are encouraged to review the Company's public filings on SEDAR+ at www.sedarpIus.ca.

The forward-looking statements and financial outlooks contained in this news release speak only as of the date of this news release or as of the date or dates specified in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

LEEF Brands Inc.

Per: Jesse Redmond, Head of Investor Relations and Business Development

Phone: +1 (707) 703-4111

Email: ir@leefca.com