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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
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Post by Buyhigheatchipson Mar 01, 2022 9:16am
160 Views
Post# 34470551

good update

good updateHighlights:
  • The Company earned processing revenues from cannabis concentrate and branded product sales of approximately $1,150,000, with a gross margin of approximately 30%.
  • Nextleaf became a top-10 supplier of cannabis oils and vapes in British Columbia ("B.C.").
  • Established distribution of Glacial Gold™ branded products into three provincial adult-use markets and nationally for medical cannabis patients.
  • Established a commercial supply partnership with a Nasdaq-listed global cannabis company, with Nextleaf supplying THC ingredients to power the partner's THC vape cartridges distributed nationally under their brands.

We continue our upward climb relative to our peers who are losing vast quantities of cash.
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