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Nextleaf Solutions Ltd C.OILS

Alternate Symbol(s):  OILFF

Nextleaf Solutions Ltd. is a cannabis processor with a portfolio of federally regulated emerging consumer brands, market validated cannabis derivative products, and high-potency bulk ingredients. The Company’s multi-patented, highly automated, closed loop extraction, and distillation technology sets the global standard for processing cannabis at scale. The Company manufactures over 80 different products, across four categories for white label clients and house brands. It manufactures and distributes cannabis vapes and oils under multiple brands including its brand, Glacial Gold, and the High Plains brand. The Company sells its branded cannabinoid vapes, oils, and soft gels to the British Columbia Liquor Distribution Branch (BCLDB), Ontario Cannabis Store (OCS), Nova Scotia Liquor Commission (NSLC), Manitoba Liquor & Lotteries (MBLL) National Cannabis Distribution in Saskatchewan, and across Canada through multiple medical platforms, select pharmacies, and a distribution agreement.


CSE:OILS - Post by User

Bullboard Posts
Post by Kensin1954on Nov 05, 2019 10:58am
70 Views
Post# 30310273

General Market news-Big I think.

General Market news-Big I think.https://www.marketwatch.com/story/cronos-paid-300-million-for-a-small-cbd-company-and-ceos-private-equity-firm-stands-to-collect-120-million-of-it-2019-11-04?mod=home-page

$300 million dollar buy out for a small CBD company in the USA  . 

I could swear we were all just talking about some big LP or other deep pocketed company buying out NextLeaf.

$300 mil U.S. would be about $3.00 a share here.

Have not had time to look into the CBD company but I suspect because they are barely two years old they might be similar to NextLeaf.

CRONOS obviousley can see where the market is going and decided it can't afford to fighting with others for CBD oproduction.

Sorry I don't know how to make the address alive?

JMHO
Bullboard Posts