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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 Apr 03, 2020 12:10pm
89 Views
Post# 30876117

RE:RE:"First of many deals" - Proactive Investor Interview April 2

RE:RE:"First of many deals" - Proactive Investor Interview April 2

If the machine does half a ton per day they'll process the 15ton deal within a month. The 400,000tons from greenhouses in vaults needs to move before the market gets flooded with even outdoor cultivation. I would expect more processing deals to fill the time before October, then watch for processing margins to increase when outdoor floods the market. 

Side note: Illinois has sold $100M USD worth of cannabis since legalization in January. Bottlenecks are starting to open. 

Buyhigheatchips wrote:
So the really big fish NL is looking to land are outdoor growers. Converting to oils helps manage the risk of outdoor cultivation. I've got that right?

What does that mean for timing of those deals? Doens't mean anything I guess. Deals could come anytime.

 

Bullboard Posts