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.

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Nextleaf Solutions Ltd > Nextleaf Provides Corporate Update and Comments on Year End

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Comment by RyanB1234on Feb 01, 2022 2:57pm

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Post# 34386415

RE:RE:RE:Nextleaf Provides Corporate Update and Comments on Year End

I am not sure what I am missing here...

Based on the unaudited report, nextleaf would be look at a conservative run rate of $5-6M next year. This would be attainable by continuing a $3M tolling business and the current conservative numbers of glacial goald at $500k a quarter. this would be 100% + from today's unaudited release.

The conservative figure I just shared would not take into consideration any growth for their tolling business or further market penetration via GG in the current regions as well as new provinces coming online over the next few months.

couple this with the efficiency gains of running full shift and and I would expect to see Nextleaf being closer to $7-9M run rate with better margins. This would equate closer to 150%+ growth YOY