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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 Oct 04, 2020 12:17pm
91 Views
Post# 31664429

RE:RE:RE:RE:RE:RE:RE:On the plus side

RE:RE:RE:RE:RE:RE:RE:On the plus side

 Edibles and Vapes make up <30% of the market and are growing steadily as more retail stores open along with ongoing product approvals. 2.0 hasn't even been legal for a full year. These numbers are encouraging and should be a window into the inevitable US market. 

[Gov't data ends June 30, 2020. Sales through June and August both saw record growth and sales year over year. ]


Table 1: Cannabis extracts (packaged units)
Year-Month Packaged production Packaged inventory Sales
Federal licence holders Provincial distributors and retailers Medical Non-Medical
2019-10 732,388 5,630,075 1,820,111 242,452 320,201
2019-11 430,658 5,595,722 1,676,016 240,863 328,908
2019-12 1,245,160 5,882,326 1,776,396 255,879 400,707
2020-01 973,120 6,009,120 1,803,543 266,876 527,978
2020-02 1,127,995 5,877,090 2,023,192 237,998 599,407
2020-03 1,568,246 6,261,853 2,261,735 313,932 791,435
2020-04 2,088,349 6,931,819 2,430,559 280,039 813,972
2020-05 1,574,352 6,989,660 2,290,549 270,408 844,430
2020-06 1,795,493 7,007,428 2,732,289 289,163

934,089
 


Table 1: Edible cannabis (packaged units)
Year-Month Packaged production Packaged inventory Sales
Federal licence holders Provincial distributors and retailers Medical Non-Medical
2019-10 0 0 0 0 0
2019-11 451,027 451,027 0 0 0
2019-12 812,793 547,761 189,895 2.373 81,698
2020-01 780,229 806,059 254,024 2,861 359,230
2020-02 1,579,731 1,355,031 688,353 6,746 511,372
2020-03 2,191,867 1,879,271 1,547,073 9,142 767,957
2020-04 2,289,280 2,670,393 2,015,202 14,131 901,583
2020-05 2,764,441 3,872,253 2,463,071 20,241 982,161
2020-06 2,925,408 4,913,525 2,849,316 22,630 1,090,424
https://www.canada.ca/en/health-canada/services/drugs-medication/cannabis/research-data/market.html
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