Financing ·
On July 27, 2026, Leef Brands completed a non-brokered private placement and share exchange of Series A-2 preferred…
LEEEFLeef Brands Inc.
On July 27, 2026, Leef Brands completed a non-brokered private placement and share exchange of Series A-2 preferred shares. The company issued 20,800,000 new Series A-2 Preferred Shares for US$5.2 million in cash at US$0.25 per share. Additionally, it exchanged 11,204,376 existing Series A-1 Preferred Shares for 12,601,551 Series A-2 Preferred Shares, including supplemental dividends for the period June 1 to July 10, 2026. Total gross proceeds from all closings now stand at approximately US$14.5 million. Proceeds will fund the acquisition of a cannabis processing facility in Mendocino County to dry, cure, and store biomass from Salisbury Canyon Ranch. The company operates in the cannabis extraction and manufacturing industry.