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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

Post by LastoftheFrankson Feb 22, 2021 10:55pm
150 Views
Post# 32633902

New York State Cannabinoid Hemp Program

New York State Cannabinoid Hemp Program

Any business extracting or manufacturing cannabinoid hemp in New York State, whether in intermediate or final form, must obtain a Cannabinoid Hemp Processor license. Cannabinoid Hemp Processor licenses are divided into two license types: "Extracting and Manufacturing" and "Manufacturing Only." An "Extracting and Manufacturing" license permits a processor to extract and/or isolate cannabinoids from hemp to create crude oil, distillate, isolate or other intermediary products for further refinement, and allows licensees to manufacture cannabinoid hemp products. A "Manufacturing Only" license allows processors to purchase crude oil, distillate, isolate or other intermediary product and use it to manufacture cannabinoid hemp products

Any business selling or intending to sell cannabinoid hemp products to consumers in New York State must be licensed as a Cannabinoid Hemp Retailer. Additionally, distributors of cannabinoid hemp products manufactured outside of New York State must obtain a Cannabinoid Hemp Distributor Permit to sell cannabinoid hemp products to Cannabinoid Hemp Retailers in New York State. 

To be sold in New York State, cannabinoid hemp products must be manufactured using good manufacturing practices, laboratory tested by an approved third-party laboratory, and properly labeled to inform consumers of the amount of cannabinoids per serving and warn of any risks associated with use of the product.

 Full Story:
https://www.governor.ny.gov/news/governor-cuomo-announces-new-york-state-department-healths-cannabinoid-hemp-program-now

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