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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 DonRudyon Mar 02, 2021 11:46am
101 Views
Post# 32695107

RE:What more could you hope for? Liking it!

RE:What more could you hope for? Liking it!

Nextleaf proved they can be profitable in the wholesale market with current suppressed pricing. Unfortunately large distillate contracts seem to be spotty at best. Luckily they managed a large contract in December which helped financials. Concerning if large contracts don't continue through this quarter.

Nextleaf will be well positioned when the cannabis market matures and the supply glut works itself out. This may be another year/year+ to show its true value.?


Nextleaf has $755,978 worth of distillate on hand, I assume from the 50/50 split contracts. It would be beneficial if Nextleaf had their own product line for this distillate, having multiple revenue streams rather than relying solely on the wholesale market.

Overall Nextleaf continues to make positive progress!

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