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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
Comment by Rm90090on Dec 17, 2019 9:32am
60 Views
Post# 30462874

RE:RE:**Big News** Nextleaf enters into patent licensing agreement

RE:RE:**Big News** Nextleaf enters into patent licensing agreementAgreed Stealth. But I am actually fairly happy with this announcement because I didn't actually expect NL to be able to monetize their IP directly like this. This is a completely unique revenue stream that other extractors don't have because they don't own patents (only having trade secrets). If you think about it, NL could potentially have licensing rights to their IP processes to: equipment manufacturers, growers wanting to keep their processing in house, other processing companies, etc.

Also, I am encouraged because this is IP related to equipment - which usually is much stronger and easier defend based on other industry's history.

I assume the other company is private and that is why they didn't release their name. The 3M seems like the best case scenario based on sales - but other extraction equipment sales companies have had explosive growth (based on my research because I was looking at investing in a few of them - however the best ones were all private).

glta
Bullboard Posts