LEEF Brands Names Jamie Mendola to Board of Directors

*VANCOUVER, BC* — LEEF Brands Inc.appointed Jamie Mendola to the company’s
board of directors. Mendola is an investor, operator, and advisor with more
than two decades of experience across capital markets, private equity, and
scaling cannabis businesses.

He is founder and chief executive officer of Pacific Grove Advisors, where
he advises founders, boards, family offices, and investment funds on growth
strategy, capital deployment, and operational scaling. Previously, he
served as chief revenue officer and chief business development officer at
AYR Wellness and co-founded Mercer Park Brand Acquisition Corp., a
cannabis-focused SPAC that merged with Glass House Group. He also served on
the board of directors for Glass House Brands.

At the same time, LEEF closed a $4.5-million financing round led by Mindset
Capital. LEEF intends to raise as much as another $3.5 million through
subsequent private placements.

According to the company, proceeds from the financing, in the aggregate,
primarily will support the expansion of Salisbury Canyon Ranch, LEEF’s
flagship California cultivation asset designed to supply biomass for the
company’s concentrate production. Expected to be completed in the fall of
2026, Salisbury Canyon Ranch is projected to be one of the largest licensed
cannabis farms in California.