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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.


CSE:OILS - Post by User

Nextleaf Solutions Ltd > Sedar Filings
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Comment by Kawabongaon Jan 29, 2021 1:37pm
105 Views
Post# 32421526

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Sedar Filings

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Sedar FilingsExactly, and you think processing 800k more sales (to get to 1M sales) is gonna cost how much? Probably more than 300k.

The point I'm making is gross margin will still be sh*t for 1M sales. This has to run mutliple Millions to reach respectable gross margins, even more for profitability. Good luck getting those millions worth of sales. Not happening in Q1. Maybe never.

All the while, cash is burning.

You should ask them for specifics on those metrics. (how much for each of them)
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