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Nextleaf Solutions Ltd C.OILS

Alternate Symbol(s):  OILFF

Nextleaf Solutions Ltd. is a Canada-based company, which is a federally regulated manufacturer and distributor of cannabis vapes and oils under its brand, Glacial Gold. The Company is a cannabis extractor and processor, with a focus on developing intellectual property for the extraction, distillation formulation, and delivery of cannabinoids. It commercializes its intellectual property portfolio through IP licensing, production of cannabidiol (CBD) and tetrahydrocannabinol (THC) oils, through its subsidiary, Nextleaf Labs Ltd. (Labs), and selling products through provincial distribution boards for the adult-use market under the brand Glacial Gold. It sells its branded products to government distributors and authorized retailers in four provinces in Canada. Its patented ingredient processing technology transforms unsold cannabis and hemp biomass into distillate at an industrial scale. Its other subsidiary is Nextleaf Innovations Ltd., which operates as an extraction solutions company.


CSE:OILS - Post by User

Bullboard Posts
Post by Rm90090on Oct 31, 2019 10:57am
86 Views
Post# 30291842

No real movement

No real movementI think we may have to face the truth that even news releases showing future revenue isn't enough to move stock prices. The modest performance of Valens this morning so far shows that.

My personal opinion is that the market has been so badly burned by the hype machine from WEED and Aurora, that people are not believing anything positive from the cannabis industry right now. A lot of people lost a lot of money this summer expecting results.

The only way to get over this is with consistent performance over time. I Beleive this means a full 3 to 4 quarters of profitability (or rapidly increasing revenue) from the extraction industry.

I know this may not suit a lot of us on here who were relying on a bump from our nextleaf stock during this time. My advice (as little as it is worth) is that if you can afford to - try to stay in for at least late 2020. I think that's when you will see a real difference.

glta
Bullboard Posts