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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 Dec 20, 2020 3:32pm
112 Views
Post# 32149621

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Bevcanna 67 cents?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Bevcanna 67 cents?

Ultimately, as a NL investor my main question is does Bevcanna still WANT to use NL oil. Whether it is THC or CBD.

I know there are a lot of factors here. But if Bevcanna is not coming forward and saying they will exclusively use NL oil then I will not count on continuing revenue from them. If they do - great - but it isn't something I will count on or think about anymore.

It is just a bit of a red flag that a deal was announced and celebrated - and then maybe nothing will come to fruition from it. We are left to make our own guesses and hypothesis? If NL came out and gave us the real situation (even through IR levelling with one of us when we call), then we can at least feel comfortable that it isn't something on NL's end.

This is a new industry with a lot of shady practices taking place by new businesses. I don't blame NL if they are being left hanging by one of them (if that is what is happening). But as an investor - I wish we could gain transparency here. I think this is why a lot of retail investors have let the cannabis industry as a whole. Trust is important.

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