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Nextleaf Solutions Ltd OILFF


Primary Symbol: C.OILS

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 Adventurouson Feb 04, 2023 12:09am
189 Views
Post# 35266476

RE:RE:Latest Proactive Interview

RE:RE:Latest Proactive Interview This new province would be Alberta, I suppose. Delayed for administrative reasons, but still a major market, arguably the third in Canada in size.

Nextleaf is clearly in seach of ways to increase production volume, considering the unused capacity Paul is mentioning. Alberta would be a nice and profitable addition. The way Paul puts it, the profit margin would be higher on this increased volume since fixed production costs are in good part already covered.

It also means my suggestion to increase the prices at which Nextleaf is selling its products might be a bit premature. It looks like it is still possible to make good money by selling cheap. Still, it is a delicate balancing act. If Glacier Gold is indeed desirable in itself, maybe Nextleaf is leaving good money on the table by selling a bit too low. The company must maximize profits and for that possibly increase its prices even if it doesn't need to. For Paul to figure.

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