Looks like I'm almost there.
Exported the plant .obj. and made the 2 material groups with the Grouping Tool.
But when I applied the Xfrog textures this happened. Looks the same rendered.
The leaf and bark (stem) textures are .png files. When opened in Photoshop, the edges are selected and I can copy and paste just the leaf/stem (separate from the background).
Things like transparency maps come to mind, I have seen leaves on other poser plants with this type of set-up, but don't know the ins and outs of how they work.