LEEF Brands to Become One of the First Publicly Traded

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NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

VANCOUVER, British Columbia, Dec. 16, 2024 (GLOBE NEWSWIRE) — LEEF Brands, Inc. (“LEEF” or the “Company”) (CSE: LEEF) (OTC: LEEEF), a leading publicly traded cannabis company, announces its adoption of Bitcoin as a treasury reserve asset, making it one of the first publicly traded cannabis companies to take this step. To further support its Bitcoin strategy, the Company has announced that it has entered into an agreement with Canaccord Genuity (the “Lead Agent”), to act as the lead agent, in connection with a best-efforts private placement offering (the “Offering”) of up to approximately US$5,000,000 in convertible debenture units (the “Debenture Units”). Each Debenture Unit shall consist of: (i) US$1,000 principal amount of convertible debenture (each, a “Debenture”); and (ii) 5,660 detachable common share…

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