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Nextleaf Solutions Ltd C.OILS

Alternate Symbol(s):  OILFF

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

Bullboard Posts
Comment by Rusty2018on Jun 11, 2020 12:18pm
184 Views
Post# 31138947

RE:RE:Downward pressure on Share price

RE:RE:Downward pressure on Share priceVery many great points by everyone in the last several posts.
I agree with most of it.
I personally think we have te remember that this company is pivoting from the research & development stage into actual revenue generating. They are utilizing equipment that is not "off the shelf" and had to be engineered, manufactured, tested and is now extracting (and generating revenue).
Most new businesses need time and often get setbacks/delays....it all comes down to expertise and the team the company has to move the business forward.
If they are smart (which I believe they are) they wil have this first machine running at a decent capacity before any announcements. This can instill confidence in the equipment and engineering. Follow that up with additional contract news and the financials (if negative) may be overshadowed by these positive things.
Just my 2 cents

Bullboard Posts