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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

Post by KTMFan387on Nov 09, 2020 7:12am
77 Views
Post# 31861072

Canopy Growth Beats Earnings, Great News for the Sector

Canopy Growth Beats Earnings, Great News for the SectorCanopy Growth just reported a beat, $135 Mil vs. $119 Estimate.  This combined with Biden's win should cause a nice bump, and may mark the beginning of an actual turnaround in the sector: 

https://money.tmx.com/en/quote/WEED/news/7704850238755438/Canopy_Growth_Reports_Second_Quarter_Fiscal_2021_Financial_Results

Canopy has been up anywhere between 8% and 13% in pre-market trading.

A rising tide lifts all boats.  SHould be an interesting few months ahead :)
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