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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 12, 2019 8:18pm
94 Views
Post# 30342760

tax loss

tax lossIf I were a betting soul....what else on the CSE?

I would say WEED, OGI. TRST and the like that peaked and created dynamic wealth/loss   for quite a few who got out around the peak or crash would be candidates for TLS. 

You can go back three years if I'm not mistaken and put your loss against your wins. 

Some might sell here and create a loss with hopes of profits in 2020 they can bank against.

However with stocks like OILS that appear to be just at the edge of going over the cliff into production and viability your taking a real risk of losing your spot. 

If you bought at $0.80c CDN not so much , but if your average is at $0.55c you could get caught as you must leave 30 working days ( might be calender days) between the time you sell and buy again.

In terms of dollars, unless you have been very cagey , not many hold a big enough position with OILS to make a dent in the profits you might have made on WEED or by shorting TRST.

So this is my long winded way of saying I agree their is little incentive for much TLS happening here. 

JMHO
Bullboard Posts