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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

Comment by billybonkon Sep 11, 2020 1:02pm
171 Views
Post# 31543257

RE:RE:RE:RE:RE:RE:RE:RE:RE:Quick Notes: Presentation- Paul Pedersen

RE:RE:RE:RE:RE:RE:RE:RE:RE:Quick Notes: Presentation- Paul PedersenYes, the market wants results this time around.  I believe Paul and Nextleaf management are trying to do the right thing and establish more solid business relationships, more mutually beneficial deals but obviously those are proving to be a challenge to get up and running.  No different than the delivery of the big extraction machine last December and it ended up being end of May beginning of June to get up and running, everything is taking much longer than anticipated.  The talk of companies moving to Nextleaf has been going on now for months and Paul is mentioning he's still talking with a bigger company and over the next few months, he's looking forward to doing deals with bigger companies down sizing and looking for better pricing.  I would have thought these types of deals would've been in negotiation back in January and February or even before due to the massive lead time it takes to get things approved and papers signed and released in a NR.  I get it, yes we're a startup and things take time and  Yes, I would say Nextleaf is making progress and it's encouraging that the machines are running and things are going well with the equipement and processing of bulk oils is being put into the wholesale market.  So I don't think our beaten down share price is from us not caring or the market not caring ( I've been part of the market since the beggining of trading here), I've tried many times to bid the price up, I've many times been the last trade of the day buying the ask.  I think it's that capital in general is much wiser this time around and is very cautious about committing large sums of cash into a sector that is having some difficulty proving itself thus far.  That's the challenge to get investors back because they care about their investments and need some progress, some kind of green light.  Nextleaf may need to re think their business strategy some, maybe they need to hire someone else to help with sales, maybe look at some smaller deals rather than trying to establish a relationship with bigger companies looking for better pricing.  At least try to give more deal updates, try to slowly establish more sentiment with the company by showing more business progress, even smaller deals are stepping stones that can have a accumulative affect on people's sentiment.  There's really no follow up and just like any bull momentum trying to make a move, their feet get kicked out from under by the bears.  Our volume isn't too high most of the time, so it must also be a concern to investors as to "what happens with the private placement shares when those are free to sell."  10 million shares coming into our typical low volume days won't necessarily get absorbed too quickly, I can see by the bids most of us are waiting for someone to dump on panic.  It's obvious by now that the average person can't sustain a panic selloff, yes it's been great to buy at these low prices and I've picked up some recently too but without the market makers, without institutional capital it's difficult to sustain any type of bull move.  Bottom line, we need results, 4th quarter financials with solid deals in place going into the New Year.  In the shorter term, we need a deal announcement this month and continued deal announcements there after.  Like I said, "I have a big investment here at Nextleaf and I don't mind waiting, months or 2, 3 plus years to wait it out, I'm very patient."  But...sustained results are needed.  Conferences are ok, videos are ok, pictures or vidoes of Nextleaf lab is good too.  We just need to ink more deals to get some confidence flowing in Nextleaf's direction.  Nothing changes overnight but a deal this month would be a good start.  I know it's challenging times out their but we must be creative about our situation here, manangement needs to be creative, not just try to survive and wait things out until better times.  Maybe that was a bad choice of words Paul made and "Stealth pointed that out that it's probably just bad wording so I'll give some slack here.  It's time to be creative and improvise to overcome the situation and it's important to keep writing so that Nextleaf will read what we're thinking.  JMHO
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