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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 Blizzy420on Apr 01, 2021 8:57am
75 Views
Post# 32921409

RE:RE:RE:RE:RE:RE:RE:RE:Nextleaf secures financing

RE:RE:RE:RE:RE:RE:RE:RE:Nextleaf secures financing That's the story that was sold to all the cannabis companies in their initial rounds of financing.    I will be happy to see OILS buck that trend.   I dont see it as the top choice, convertible debt financing with its track record in this industry should be a last resort and if Nextleaf is looking to that kind of debt for support then their options must not be great..... they could be worse though, if the terms were more aggressive my theory would be a slam dunk.... the 'favourable' terms does provide a glimmer of light, but its just a small beam right now with this dilutive effort.
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