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Nextleaf Solutions Ltd C.OILS

Alternate Symbol(s):  OILFF

Nextleaf Solutions Ltd. is a Canada-based company, which is a federally regulated manufacturer and distributor of cannabis vapes and oils under its brand, Glacial Gold. The Company is a cannabis extractor and processor, with a focus on developing intellectual property for the extraction, distillation formulation, and delivery of cannabinoids. It commercializes its intellectual property portfolio through IP licensing, production of cannabidiol (CBD) and tetrahydrocannabinol (THC) oils, through its subsidiary, Nextleaf Labs Ltd. (Labs), and selling products through provincial distribution boards for the adult-use market under the brand Glacial Gold. It sells its branded products to government distributors and authorized retailers in four provinces in Canada. Its patented ingredient processing technology transforms unsold cannabis and hemp biomass into distillate at an industrial scale. Its other subsidiary is Nextleaf Innovations Ltd., which operates as an extraction solutions company.


CSE:OILS - Post by User

Comment by LastoftheFrankson Oct 03, 2020 11:06pm
123 Views
Post# 31663923

RE:Let’s Use Our Main Advantage

RE:Let’s Use Our Main Advantage

The largest outdoor harvest is occuring. Outdoor cannabis is a fraction of indoor cultivation, ranging from $0.10-0.25 per gram. Low cost indoor is ~$0.80 if you're very good at what you do. 

Outdoor harvest is highly unlikely to be premium flower. At ~$0.17 per gram, fresh crop is immediately competitive with flower in oversupply vaults for processing.  

It's not that they haven't dropped prices to beat competition yet, its that market prices haven't collapsed yet. Why would I take your garbage when there's a fresh supply coming online for a better/competitive price? 

The oversupply is a growers issue. Leveraging supply glut is Nextleafs plan. As the price collapses, processing costs become paramount. This is where the long-term advantage is held. Nextleaf doesn't care what ______ grower does with their _____ amount of flower.

LP's no longer want shelves of "crude" returned to them. Few manufacturers now do their own purification/distillation/product manufacturing. Supply is not the issue. It's the demand side where competition for dollars is. 

Cannabis has gone through a massive shift, and much like Bevcanna, there will be many other 2.0 companies that realize IT'S EASIER TO BUY THE INGREDIENT. 

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