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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 Apr 30, 2020 2:04am
125 Views
Post# 30969898

RE:RE:RE:RE:RE:RE:RE:RE:RE:Loading up

RE:RE:RE:RE:RE:RE:RE:RE:RE:Loading up

I think everyone is right here: a) they are at the starting line and there is a lot of optimism to be had AND b) they need to show that they can sign contracts (that bring in actual revenue in exchange for the oil they sell).

However, what I am especially excited about is the thought process on display. They seem to be strategically partnering with companies that are sound financially and have long term capability. This way they can focus on using any money raised to grow their capacity to be able to process more (knowing that their current capacity is locked down and safe with steady long term customers).

Some of the other extractors have ridden the hype to higher stock prices because they announced contracts with the biggest LPs in Canada. However, as vertical integration fails - a lot of these companies (like Canopy) are going to be moving away from growing and they won't have extraction that will be needed to be done. Their revenue that they had signed isn't in the bag anymore.

NL has signed contracts with sole growers to provide their plant material. Now if they can sign smart contracts with companies that simply need to add an oil supply to their products - then NL's sp will have growth with a solid foundation.

Good luck to everyone here.

Bullboard Posts