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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
Comment by LastoftheFrankson Mar 04, 2020 4:07pm
66 Views
Post# 30767102

RE:RE:RE:RE:RE:Revenue

RE:RE:RE:RE:RE:Revenue

Stop working yourself into a lather. Nextleaf Solutions and Nextleaf Labs entered a consolodation agreement in October. If they were unable to enter into tolling contracts they'd also be unable to license out their technology. The focus since has mainly been on HC/enclosure delays and a December update slated consolodation finalizing for mid 2020.

However this sentence from their November corporate update has not aged well. 

 "Based on the timing of milestones achieved to date and our current critical path, we expect Nextleaf to be in full production reporting revenue significantly quicker than 8 months from date of licensing"

Licence received Sept 2019. It's month 6. 

stealthct wrote: I wonder why they still haven't completed the acquisition of Nextleaf Labs? What is the delay?


I suppose that's why the tolling contracts are delayed. No company would sign a contract with Nextleaf Solutions since the license is with Nextleaf Labs. 

Really frustrated!


 

Bullboard Posts