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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 30, 2020 9:59pm
98 Views
Post# 30622962

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Page 12, Paragraph 3

"The Company generates revenue through three verticals: toll processing, private label production, and licensing its intellectual property. With its current Health Canada licences, Nextleaf Labs can complete sales of cannabis oil and cannabis derived products to other companies that hold the appropriate processing licence. In order to complete any sales of cannabis oil to directly to provincial distributors the Company must be granted an oil sales amendment to its Standard Processing Licence. A distribution authorization will permit the Company to complete sales to other Cannabis Act licensed producers. The distribution authorization is contingent upon “practice lot” production, an evidence package submission and an additional inspection."


https://webfiles.thecse.com/Nextleaf_-_2020-01-28_CSE_Form_2A_-_Updated_Listing_Statement_final_w_FS_and_MDA.pdf?q7iEqzWZdergnt66Nq1TaN3I2KnP2QgA=

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