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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 lscfaon Nov 10, 2020 5:16pm
158 Views
Post# 31874593

RE:RE:RE:RE:RE:RE:RE:RE:NEWS OUT: Extraction Agreement with Eve & Co

RE:RE:RE:RE:RE:RE:RE:RE:NEWS OUT: Extraction Agreement with Eve & Co

EVE has no trouble selling weed.....
 

2020-11-10 10:23 ET - News Release

 

Ms. Melinda Rombouts reports

EVE & CO ANNOUNCES FIRST COMMERCIAL SHIPMENT OF EU GMP CANNABIS TO GERMAN PARTNER

Eve & Co. Inc.'s Natural MedCo Ltd. (NMC) has successfully completed its first significant commercial shipment of European Union GMP-certified (good manufacturing practices) cannabis to Bavaria Weed GmbH, one of its European cannabis distribution partners. This commercial shipment follows its initial required scientific-purposes shipment to Germany, which was completed during the summer months.

The Company has executed five supply agreements with its European partners and is ideally positioned to fulfil its European supply agreements from its purpose-built EU GMP licensed facility. We expect to continue shipping bulk cannabis to Germany as regulatory permits are regularly issued in Canada and Germany.

"In addition to our strategic priority of female-focussed cannabis 2.0 products, with the launch of our bath bombs, we have built our facility and partnerships to deliver EU GMP certified cannabis to the international market, a key component of our core business plan," said Melinda Rombouts, chief executive officer and president of Eve & Co. "We are very proud of our team for having reached this important milestone and look forward to our additional shipments and fulfilling our multiple foreign supply contracts".

About Eve & Co.

Eve & Co., through NMC, holds cultivation and processing licences under the Cannabis Act (Canada) for the production and sale of various cannabis products, including dried cannabis, cannabis plants and extraction of cannabis oil and has received its European Union certificate of Good Manufacturing Practice. NMC was Canada's first female-founded licensed producer of medicinal marijuana and received its cultivation licence from Health Canada in 2016. Eve & Co is led by a team of agricultural experts and has a licensed one-million-square-foot greenhouse located in Strathroy, Ontario. 

We seek Safe Harbor.

© 2020 Canjex Publishing Ltd. All rights reserved.




Rm90090 wrote:

To me this seems like a win win on both sides. 

The Grower (Eve) gets to monetize biomass that they couldn't sell and is perhaps going bad. NL gets to have free biomass (protecting them from price compression) and utilize their IP to extract the oil and sell it for split profit. This is an extremely low overhead way to make money isn't it?



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