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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 LastoftheFrankson Feb 06, 2021 5:42pm
107 Views
Post# 32494173

RE:RE:And it seems like the markets don’t really care

RE:RE:And it seems like the markets don’t really care

The lawsuit is not contesting GW's right to manufacture and distribute their products abroad. It's only challenging products distributed within the Domestic US since that's where Canopy's patent protection applies. 

I understand the broader context for how they can use this against competitors within the US, however patent trolling is fun if the person you're doing it to is smaller than you. GW Pharma was just scooped up by Jazz who are an actual Pharma co with real money and real lawyers.  

This is what I mean by slamming your d*ck in a drawer. Canopy is not in a financial position for a drawn out patent battle, especially over a method with questionable origin claims like CO2. GW may also not have been, but Jazz definitely is. If Jazz chooses to challege the claim they can end up either destroying Canopy's patent or litigating them into submission. 

Yes this is a testament to the importance of patent protection in the Cannabis space but color me impressed that Canopy would find a new black hole of money by going after GW instead of testing the smaller MSO's first. 

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