Nextleaf Solutions Ltd C.OILS

Alternate Symbol(s): OILFF

Healthcare Cannabis Health Care

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.

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Nextleaf Solutions Ltd > Monthly Sales Canada - Sept $256.3M

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Post by LastoftheFrankson Nov 20, 2020 10:30am

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Post# 31940229

Monthly Sales Canada - Sept $256.3M

Industry now operating at ~$3B per year and growing. Ontario storefront increases by 20+ retail shops per month starting in October compared to 5/month up to this point.

Canadian cannabis retail sales, seasonally adjusted.

$122.9M - Sept 19

$129.0M - Oct 19

$135.3M - Nov 19

$147.9M - Dec 19

$154.1M - Jan 20

$151.9M - Feb 20

$181.2M - Mar 20

$178.4M - Apr 20

$186.4M - May 20

$201.1M - June 20

$232.7M - July 20