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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 Aug 01, 2020 8:08pm
149 Views
Post# 31354554

RE:RE:BS

RE:RE:BS

The market for manufacturing equipment will be larger than you think. You're looking at the wrong market. 

The FDA has just submitted their recommendations for a nationally regulated CBD product market. Nextleaf's IP is useful for both THC and CBD, cannabis or hemp. GMP standards are expected to be included in the rule set. The CBD market was always the immediate growth pathway internationally and it's in that market where large CPG like Nestle, Pepsi Co, and Unilever hang out. Once the rules are announced the real money can enter. The current hemp CBD industry mainly uses CO2 extraction equipment. 

This will happen within a matter of weeks. 

https://hempindustrydaily.com/fda-submits-cbd-enforcement-policy-draft-guidance-to-white-house/

Cannabis wise the OCS is finally opening a second larger warehouse to accomodate the expanding store count. Ontario currently opens 5 new stores a week, but it was announced previously they would be increasing that number around September once supply chain issues could be fixed. The warehouse is that fix. The OCS no longer buys products packaged older than 3 months, so SKU's need to stay fresh. Processing will always be needed even within the current glut. The OCS will also be making large purchases to initially stock the warehouse. 

https://mjbizdaily.com/ontario-to-open-second-cannabis-warehouse-by-september-analyst-says/

The winds are blowing in the right direction. 

 

 

 

Bullboard Posts