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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 billybonkon Oct 26, 2022 5:25pm
284 Views
Post# 35051414

RE:RE:Only...

RE:RE:Only...Yup.   Lack of progress getting sales after numerous cash raises.  It's not surprising the share price is sitting almost back at the all time low.  Nextleaf gives the impression of a money pit, a black hole.  They need to show significant progress but it doesn't look like that will happen anytime soon.  So this is where the share price sits, the market currently values Nextleaf at 6.5 cents per share.  The share price is not surprising at all considering all that we know. 
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