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Bullboard - Stock Discussion Forum 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... see more

CSE:OILS - Post Discussion

Nextleaf Solutions Ltd > Still potential for an Update This Week
View:
Post by KTMFan387 on Oct 08, 2020 7:13am

Still potential for an Update This Week

I heard back from IR about the postponed update.  He said that it may be delayed until next week, but they would still like to try and have it out this week if possible:

"....the update is very important but we think it's more important to include one of these opportunities as a demonstration of the traction we are getting on the commercial side."

Its been a long 18 months but things are looking up, and good things come to those who wait.

GLTA
Comment by LastoftheFranks on Oct 08, 2020 8:14am
If it's not out today I'd rather them hold it until after the long weekend. Never dump good news on a Friday. 
Comment by Buyhigheatchips on Oct 08, 2020 8:27am
If they sign a deal they have to disclose. I'd rather they sign than wait. That being said I don't care so much about which day they update. It is the deals and revenue I really care about. As long as they get them done eventually and that they're big. 
Comment by KTMFan387 on Oct 08, 2020 8:39am
Re-reading one part I quoted earlier from IR's message, it says "include one of these opportunities".  So it sounds like they have several on the go that are close to signed. I'd love to see 2 or 3 deals released fairly close to each other to build some momentum.  We'll get back into the 30's and 40's in no time.  And once we have some signed deals and ...more  
Comment by stealthct on Oct 08, 2020 8:53am
There sales pipeline probably has some opportunities that were supposed to close in Q3 but now they are closing in Q4...so could see 2-4 deals this quarter with partners that want to sign-up with NL before the year end so they are prepared next year to move into action.
Comment by Rm90090 on Oct 08, 2020 9:02am
Also they are a low cost operation. One or two deals may be all we need to show profitability for the calendar year. I wonder if that would get noticed in the greater Cannabis market; or we wouldn't get much credit for it because of our small size.
Comment by stealthct on Oct 08, 2020 10:11am
Depends on the size of the deal and partner name. SONA went from 19 cents last year to over $12.00 this year. Crazy insane growth.  We are in a different industry but the market is looking for an extraction leader with creative deals and sustainable growth with proven sales. If can show the market that we are profitable quarter after quarter with deals that are sustainable, then we will ...more  
Comment by Rusty2018 on Oct 08, 2020 10:36am
Lot's of talk here about deals. Last I talked to IR there were at least a couple of "opportunities" that were near being finalized, so I have to agree things look very optimistic. It will take some time to get the SP considerably higher IMO but if Nextleaf can string a few revenue generating oppotunites back to back this will go higher - not sure how high....but look at the current ...more  
Comment by stealthct on Oct 08, 2020 11:05am
extremely green day in the cannabis sector. could have rised today with our peers if robust sales were confirmed. 
Comment by LI33VESTREAM on Oct 08, 2020 1:07pm
This post has been removed in accordance with Community Policy
Comment by stealthct on Oct 08, 2020 1:32pm
Is is that hard to punch through 19 cents? 
Comment by Weedmsterbadger on Oct 08, 2020 3:37pm
Maybe trump put sanctions on nextleaf lol
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