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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 stealthcton Oct 29, 2020 2:47pm
78 Views
Post# 31804817

RE:RE:RE:1,000 lb a week re: interview?

RE:RE:RE:1,000 lb a week re: interview?he said 1 tonne or 1000kg per week 

but there machine can do 3000kg or 3 tonnes per week Monday to Friday at minimum. 

the 50kg deal shipped. 100kg probably shipping in November. So where is all that OIL going since we're doing 1000kg per week? maybe some back to the LP that we signed in April. They are producing a lot but for what reason? Maybe more deal coming down the pipe soon.

I believe the break even per year is 4M.
To Date: 2.3M approx based on IP, 50kg deal and 100kg deal. 
Need to get: 1.7M Revenue on the books in the next two months. Can we do it? that's a lot of revenue to post in two months since we haven't signed anything new.

Just used the lower end of the spectrum to conlude on the 50kg and 100kg deals. 
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