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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

Post by KTMFan387on Feb 16, 2021 12:38pm
167 Views
Post# 32574252

BevCanna Deal is Still On

BevCanna Deal is Still OnFollowing the news that BevCanna had been issued their license on Friday, I messaged OILS Investor Relations over the weekend.  Jason's reply is below confirming that the deal is still in place and that the relationship between companies is strong:

"...Bevcanna finally receiving their licence is certainly positive for them and our relationship with them. Our relationship remains strong with Bevcanna as we talk to them on nearly a weekly basis and we anticipate that when they do have products hit shelves, some will feature Nextleaf ingredients.

The deal is still in place and when any material update to the deal happens we would inform the market. Long story short, it's a very positive milestone and we are looking forward to working with them."
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