Business Description

Forward Looking Statements This annual report contains forward-looking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this report. Except as required by applicable law, we do not intend to update any of the forward-looking statements to conform these statements to actual results. As used in this annual report, the terms “we”, “us” and “our” mean Leafbuyer Technologies, Inc., unless otherwise indicated. Business Overview Leafbuyer.com Platform Our wholly owned subsidiary, LB Media Group, LLC has evolved and grown as a listing website to a comprehensive marketing technology platform that focuses on new customer acquisition and retention tools that include texting and loyalty and application software technology. With the increased popularity of Leafbuyer texting/loyalty program, clients can communicate through SMS, MMS as well as push notifications within a custom branded application. The platform gives dispensary owners the ability to target market their customer base by spending limits, brands, frequency, and product types. The Leafbuyer platform alerts consumers of specials as well as online ordering features that help create a more diverse product offering for our clients. Through our total network program, text messages that are sent are converted into add units that are posted to Leafbuyer.com in real-time. This is part of our “Live Deals” section and is up to the minute content that is 100% searchable the minute it goes live. This allows new customers more visibility into the latest deals and specials but also gives the dispensary a new opportunity to sign up a new customer. Leafbuyer’s proprietary systems are integrated to form a seamless process for the user to locate, research, and compare prices on thousands of available products. Our website, Leafbuyer.com, and its progressive web application hosts a robust search algorithm similar to popular travel or hotel sites, where consumers can search the database for appealing offers. Consumers can also search through thousands of menu items and products, create a profile, sign up to receive deal alerts and place online orders for pick up or delivery. With a worldwide pandemic due to Covid-19 and the lockdowns, the need for an instant digital solution in the cannabis industry was put to the test in early March of 2020. We believe we answered that test with new technology enhancements that now include delivery features, increased POS integrations, real-time posting of messages to Leafbuyer.com, notifications through SMS/MMS and push notification technology and the ability to target market consumers buy spending habits. 3 Table of Contents The Leafbuyer Technology Platform reaches millions of cannabis consumers every month through its web-based platform, loyalty platform and smart application technology. Our website’s sophisticated vendor dashboard allows vendors to update menus, deals and create real-time messages to communicate to consumers 24/7. The platform also provides a robust reporting feature to track the vendors’ return on investment. We continue an aggressive push into all legal cannabis states. Increasing our marketing and sales presence in new legal markets as they come open. Along with this expansion, we continue to develop new technologies that will serve cannabis dispensaries and product companies in attracting and retaining consumers. Leafbuyer operates in a rapidly evolving and highly regulated industry that has been estimated by Fortune Business Insights to reach a global market size of 197 billion by 2028. The founders and our Board of Directors have been, and will continue to be, aggressive in pursuing long-term opportunities.…