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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 BlueShipson Nov 17, 2021 8:49am
81 Views
Post# 34135315

RE:RE:RE:RE:RE:RE:RE:RE:RE:Short Form Base Shelf Prospectus On sedar

RE:RE:RE:RE:RE:RE:RE:RE:RE:Short Form Base Shelf Prospectus On sedar
Salbrom wrote: They should be heading to a bank and not diluting us like this what shareholder value Paul keeps talking about poison pill was ment for them lol and not a buyer what arrogance got us in the end 


They don't have the capacity to service much more debt. They're already working on a convertible deb with face vlaue of $3,000,000. This is all with negative operating cash flows. 

We don't know what the intention is with this. It could easily be postitve news. Maybe they're expecing a run up in share price and would like to issue equity at those elevated levels? Only management knows. 

-BS
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