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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 Keepthedodoalivon Jun 01, 2022 11:14am
121 Views
Post# 34723339

RE:Too Many Managers

RE:Too Many Managers...hence the reason I will be critical of them at times.  Hempcrete kind of set me off.  It's not a bad idea to research and develop new tech, nothing wrong with developing a patent portfolio/ IP.  It's just 3 years in and the area that needs full attention is sales, sales and more sales, not more patents.  In my opinion it's been far too easy for Nextleaf to do a cash raise, PP is not the way to pay management and bring on more managers.  Too top heavy, get more sales already.  The next quarterly financials need to show a huge increase in sales now that Ontario is in the picture.
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