ExportationsSomething more to take from yesterday's firework press release and CEO presentation is the idea of Nextleaf becoming a cannabis oil exporter. That would be our first venture outside Canada and a brand new line of business.
Hopefully you are done by now with Nextleaf being a local British Columbia company. At this juncture we are building dominant niche positions on the whole Canadian market. Best in class in several products. Being dominant in Canada also means being dominant at the international level. The only thing missing to take advantage of this is financial muscle. This might be about to change.
Yep, our baby has grown and is getting ready to take up new challenges. The Nextleaf way, building on an unhurried well-thought strategy. Remember Neptune Wellness (NEPT) and Medifarm (LABS) who were rushing to announce one international initiative after another before Covid? These companies are now worth 12.5M et 21M respectively. Our humble 19 cents a share Nextleaf is currently worth 27M. Enough to look beyond the horizon. And this humble valuation might be seen as totally ridiculous six months from now.