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Nextleaf Solutions Ltd C.OILS

Alternate Symbol(s):  OILFF

Healthcare Cannabis Health Care Cannabis
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

Nextleaf Solutions Ltd > Sedar Filings
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Comment by shnepson Jan 29, 2021 11:18am
108 Views
Post# 32420191

RE:RE:RE:RE:RE:RE:RE:RE:Sedar Filings

RE:RE:RE:RE:RE:RE:RE:RE:Sedar Filings2/3 of that quarter was commissioning of the line and I believe they wrote $100K in product off fulfilling that process.
You don't commission anything without spending a lot of money + product to get the bugs out of the system.
You generally have breakdowns, product being tossed out, people standing around, repairs to be completed, etc., etc.
It's not cheap.
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