LEEF Brands Inc. Completes CAD$2.1 Million Financing Round

LEEF Brands Inc., a cannabis company based in California, has successfully closed its private placement financing. The company raised CAD$2,118,375, as previously announced. This financing involved the issuance of 8,473,500 units at a price of CAD$0.25 each. Each unit includes one common share and a warrant allowing the purchase of an additional share at CAD$0.40 over two years.

The funds will support LEEF's growth plans, including completing the Salisbury Canyon Ranch project and exploring new market opportunities. CEO Micah Anderson personally participated in the funding, acquiring 140,000 units. A cash fee and finder’s warrants were also issued to a company for introducing investors.

All issued securities are subject to a holding period in Canada and may have additional resale restrictions. They are not registered under U.S. securities laws and are not available in U.S. markets.