Leef Brands SEC Filings

Leef Brands Inc. Chief Executive Officer and director Micah Payne reported open-market purchases of both common shares and warrants. On May 18, 2026, he bought 135,870 Common Shares at $0.25 per share, increasing his direct holdings to 14,667,726 Common Shares.

On the same date, he also acquired 135,870 Warrants, each exercisable for one Common Share at a $0.30 conversion or exercise price. Following this derivative transaction, he directly holds 151,870 Warrants. All reported transactions are net open-market buys, with no sales disclosed in this filing.

Leef Brands, Inc. reported Q1 2026 net revenue of $9,377,002, essentially flat versus $9,398,261 a year earlier, but improved gross profit to $4,624,650 from $2,073,290 as cost of sales declined.

The company posted a net loss of $426,253 compared with net income of $265,776 in Q1 2025, driven partly by higher tax expense and derivative-related items. Cash rose to $5,755,972 from $2,190,722 at year-end, helped by $4,500,000 of equity financing including $3,000,000 of new Series A-1 preferred shares. As of March 31, 2026 Leef had a working capital surplus of $5,888,291 but an accumulated deficit of $139,803,363 and a stockholders’ deficit of $5,749,465, and management discloses substantial doubt about its ability to continue as a going concern.

Leef Brands, Inc. completed its previously announced merger with Standard Holdings, Inc. (SHI), making SHI a wholly owned subsidiary. As consideration, Leef Brands issued 12,592,960 common shares to SHI senior preferred holders and paid $10,000 in cash to SHI common and series seed preferred holders.

The merger shares are locked up for twelve months, with one-third released every four months after closing. Leef Brands also issued 1,095,040 common shares and warrants for 547,520 common shares at CAD$0.25 per share, with a two‑year term, to certain SHI executive officers and their affiliates as incentive compensation. All securities were issued as unregistered offerings under Section 4(a)(2) of the Securities Act.

Leef Brands Inc. director Andrew Glashow reported his initial holdings of a derivative equity award. He holds Restricted Stock Units representing rights to acquire 348,800 common shares at an exercise price of 0.2000 per share. These RSUs vest in twelve equal monthly installments beginning from the initial exercise date of 2025-12-04 and expire on 2035-12-04.

Leef Brands, Inc. has agreed to acquire Standard Holdings, Inc., parent of the HIMALAYA cannabis concentrates brand, through a merger. As consideration, Leef will issue 12,592,960 common shares to holders of SHI senior preferred stock and pay $10,000 in cash to SHI common and seed preferred holders.

The deal also includes 1,095,040 incentive shares and warrants for 547,520 shares at CAD$0.25 per share to certain SHI executives, supporting their continued service. The HIMALAYA acquisition, valued at about $2.5 million including warrants, is expected to close on or before April 30, 2026 and is intended to enhance Leef’s vertical integration and margins.

Leef Brands Inc. director and Chief Executive Officer Anderson Micah Payne has filed an initial ownership report detailing his equity stake. He directly holds 14,531,856 Common Shares, plus indirect holdings through three entities totaling several million additional shares. He also holds Restricted Stock Units convertible into 12,867,729 Common Shares at an exercise price of $0.20 per share, vesting in stages over three years from the initial exercise date, and a warrant for 16,000 Common Shares at $0.30 per share.

Leef Brands Inc. filed an initial ownership report for Chief Financial Officer Kevin John Wilson. The filing shows he directly holds 847,233 common shares plus several equity awards: restricted stock units for 6,433,864 underlying common shares at an exercise price of $0.20 expiring on 2035-12-04, options for 1,350,000 underlying common shares at $0.15 expiring on 2034-11-01, and warrants for 16,000 underlying common shares at $0.30 expiring on 2027-08-14. One third of certain shares vest on the initial exercise date and the rest in two equal annual installments.

Leef Brands Inc. director and Chief Revenue Officer Emily Ashley Heitman filed an initial ownership report showing substantial equity in the company. She holds restricted stock units covering 6,433,864 common shares at an exercise price of $0.20 per share, expiring on December 4, 2035. One third of these RSUs vested on the initial exercise date, with the rest vesting in two equal annual installments. She also directly owns 1,624,007 common shares and indirectly holds 6,399,564 common shares through the EH Trust, where she serves as trustee. The filing reports holdings only and does not show any recent share purchases or sales.

Leef Brands Inc. board chairman and CEO Micah P. Anderson filed a Schedule 13D disclosing a significant beneficial ownership position in the company’s common shares. As of March 26, 2026, he reported holding approximately 12.2% of Leef Brands’ outstanding common shares, based on 266,227,997 shares outstanding.

His stake comes from multiple sources, including shares issued in acquisitions, conversions of debt and debentures, vested restricted stock units, a private investment in public equity financing, long-term incentive equity awards, and open market purchases, along with additional shares he can acquire through warrants and vested RSUs within 60 days.