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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 LastoftheFrankson Jan 15, 2021 9:35am
190 Views
Post# 32304902

RE:RE:Question for the board............

RE:RE:Question for the board............

The contracted extraction and manufacturing opportunities will grow as the Canadian market grows and settles. That will increase in due time. 

The emphasis on the machine itself, it's superior efficiency capabilities, and their growing technological solutions to scale processing is what was being sold here. The American cannabis market will not be like Cnada's roll out because they already have legalized state operators. 

Michigan for example, edibles and vapes make up 44% of the market sales. They're also experiencing price collapse as more states begin operating cannabis grow-ops, which will lead to oversaturation and the same significant write-down issues experienced by early canadian extractors operating CO2 equipment. 

Canadian edibles and extract sales only make up 32% of the entire market.

The revenue is from Canadian operations currently but the value is in their technology portfolio. Every state online is like adding an entire Canada (excluding fly over states) and the American market in every available dataset shows a heavy preference for edibles/vape/extraction products. Nextleaf the tech company is worth significantly more than Nextleaf the extractor. 

https://www.newcannabisventures.com/michigan-cannabis-sales-surge-in-december-to-reach-985-million-in-2020/

https://www.canada.ca/en/health-canada/services/drugs-medication/cannabis/research-data/market.html

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