Nextleaf Solutions Ltd C.OILS

Adastra contract

[lscfa]

The east coast cultivator is going to ship its pot all the way to west coast for processing. So much for competitive advantage of Nextleaf.   

https://www.accesswire.com/619612/Adastra-Announces-Processing-Agreement-with-Solargram-to-Reflect-the-Companys-Multi-tiered-Approach-to-Increase-Sales-Revenue

[lscfa]

Adastra undercutting Nextleaf to gain market share. See image....  

[Keepthedodoaliv]

Undercutting to gain market share...will that work???  Proof will be in the multiple financial statements in the next several months that Nextleaf and Adastra will release for us to see.  Until then I'm not impressed with pictures or speculation.  I wan't to see the numbers and those numbers haven't been released yet regarding recent agreements.  Both Adastra and

[Rm90090]

ISCFA do you mean undercutting on price? All deals in the industry are short term deals. So perhaps adastra can get deals signed and serviced in the short term. But their debt is much higher than NL. Also, NL's tech is supposed to allow efficiency at SCALE. As the industry grows and orders needed become bigger, who can provide the best prices then? Market Share for extractors doesn't

[Rat1Race]

I'm excited to get a clear idea of how much we can undercut the market, but don't be fooled by the fear mongering of  bullbord posters or even competitors.  I've been working in sales for a long time, often selling at a premium against countless competitors in the same space with fairly similar tech/end product. And you know what? My current and  previous employers have

[shneps]

Holy cr-p. $434,000 in sales and promotion last quarter for Adastra and their shareprice dropped from $1 to $0.40. That's a 60% drop in share value and a $64 million dollar drop in market cap. Somebody deserves to loss their job for that. They lost almost $4million dollars in the quarter. Again I believe these are two different leagues of companies we are dealing with. Cheers

[Keepthedodoaliv]

I guess we'll have to wait for financial statements which include these recently announced deals from both Nextleaf and Adastra to see what competive advantage exists or doesn't exist.  Until numbers are in, it's all just opinion and speculation.