Nextleaf Solutions Ltd C.OILS

Alternate Symbol(s): OILFF

Healthcare Cannabis Health Care

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

Nextleaf Solutions Ltd

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Comment by YellowBrickRoadon May 08, 2020 5:26pm

159 Views

Post# 31005413

RE:So Much Wrong With This

GreenWave85 wrote: "The Company intends to use the proceeds of the Offering to fund operating expenses related to its recently announced extraction contracts and for general working capital"

Nowhere does it say that it's going to buy biomass.

You are right, it doesn't state that, but Paul said in the OTC interview that 80% of their COGS is biomass. I don't think it is a large leap to think that money raised would be used to buy biomass.

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