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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 Rm90090on Nov 13, 2020 11:14am
133 Views
Post# 31895052

RE:Whats up with bevcanna

RE:Whats up with bevcanna

Does anyone know the current state of the Bevcanna/NL deal that they signed in Sept of 2019. It was supposed to be for both the provision of oil and the use of their emulsion technology. It was a 3 year deal contingent on commercialization of Bevcanna's operation within 12 months of 2.0 legalization (which would be the end of this year).

How do we define commercialization? does it mean that the beverages are ready to add to the market or simply that they have their license?

As a NL investor this is important because I think their current stock price proves that there are eyes and confidence in the company. People are investing in them getting their license. 


It is a little frustrating because last year a lot of marketing was done in Sept outlining the deal, and this year it seems that they have gone quiet about each other. When I talked to NL IR last they said they couldn't provide any info about Bevcanna and didn't know where they were with production. Any phone number I try to call for Bevcanna doesn't go through.

If Bevcanna goes into production - there is huge potential for oil sales. But, is there still a deal or not?

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