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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 Rat1Raceon Jan 29, 2021 1:09pm
140 Views
Post# 32421280

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Sedar FilingsIR mentioned the financials around the production and sale revenue they have were comprised of:
• biomass cost
• direct production costs (direct labour and direct overhead)
• unallocated capacity
 
The last point is the item that pushes the GP negative. If the machine is running at speed, this negative turns into a possitive, like i believe it did and will be evident in the Q1 numbers since they actually had biomass to process continuously. 

See you guys in late feb for the run up to financials :)
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