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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

Post by LastoftheFrankson Feb 22, 2021 10:55pm
138 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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