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Nextleaf Solutions Ltd C.OILS

Alternate Symbol(s):  OILFF

Nextleaf is a federally regulated manufacturer and distributor of cannabis vapes and oils under its prohibition-era brand, Glacial Gold. The Company’s multi-patented ingredient processing technology transforms cannabis and hemp biomass into high-purity distillate at an industrial scale. Nextleaf is a low-cost producer of cannabis oils, and supplies THC and CBD ingredients to partners across Canada. Nextleaf has been issued 19 U.S. patents and over 100 patents globally, on cannabinoid processing.


CSE:OILS - Post by User

Bullboard Posts
Post by LastoftheFrankson Jan 29, 2020 1:51pm
98 Views
Post# 30615273

M&A quotes that matter

M&A quotes that matter

"Nextleaf has completed construction of its dedicated extraction and processing facility in Greater Vancouver, British Columbia. The Company’s facility is awaiting Health Canada licensing, which requires an inspection and approval of site evidence package submission."

"Nextleaf’s facility has been designed with an annual production capacity to process 182,500 kg of dried cannabis biomass. The Company’s facility also includes dedicated research and laboratory infrastructure, allowing for the continued and rapid development of new intellectual property related to cannabis processing technologies and formulations "

"As of the date of the MD&A the Company has recognized initial revenue of $350,000 in royalty fees, for the initial month of the Royalty Agreement. This initial traction, puts the contract ahead of Managements annual guidance of $3,000,000 in revenue generated from the contract in 2020. "

Bullboard Posts