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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

Comment by billybonkon Dec 16, 2020 12:59pm
193 Views
Post# 32119631

RE:NextLeaf in 2021

RE:NextLeaf in 2021I think the most important factor now is to show that we're cash flow positive or going to be soon, so I would say for 2021 Nextleaf needs to show that.  Now that Nextleaf is setup, agreements in place, showing that their business is profitable is probably the best way to get us moving up and out of the basment.  Of course it's possible to land some multi million dollar deal with a big name but realistically I don't think that will happen yet, proof of cash flow positive is required now.  So now we wait for financials to back this up.  Most likely January's financials won't show this so we wait for the subsequent financials to be released.  Frustrating as it is, that's where we stand.  JMHO.  
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