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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 26, 2020 4:31pm
107 Views
Post# 31983232

RE:RE:RE:RE:NEW DEAL

RE:RE:RE:RE:NEW DEALAll good! I am especially curious about the deal because we can see the investor belief in Bevcanna. Their SP has grown a lot. We have talked about the effect of a NL deal with a well known company on our share price. I think a new announcement of a new deal going forward would have a positive effect on our sp.

If the deal is off, then that's fine. Maybe they hope to sign a new deal, or maybe they don't think it is likely. But I haven't gotten a 100% answer either way saying yes or no. Just that they are hopeful and aren't locked into Bevcanna alone.

As an investor, I think transparency is huge. For me anyways. Also consistency - if something is announced then I expect it to happen. So far, the Bevcanna deal and the IP deal for the equipment is up in the air. News releases don't mean a lot of it doesn't come to fruition.

Don't get me wrong, I still beleive in the company. But for me to park a lot of money and let them build the company the right way over time - I need to feel confident that we are moving forward. It's a bit of a bad taste in my mouth because I feel that both Bevcanna and the IP equipment deal are wins that have been taken off the table.
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