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Nextleaf Solutions Ltd C.OILS

Alternate Symbol(s):  OILFF

Nextleaf Solutions Ltd. is a Canada-based company, which is a federally regulated manufacturer and distributor of cannabis vapes and oils under its brand, Glacial Gold. The Company is a cannabis extractor and processor, with a focus on developing intellectual property for the extraction, distillation formulation, and delivery of cannabinoids. It commercializes its intellectual property portfolio through IP licensing, production of cannabidiol (CBD) and tetrahydrocannabinol (THC) oils, through its subsidiary, Nextleaf Labs Ltd. (Labs), and selling products through provincial distribution boards for the adult-use market under the brand Glacial Gold. It sells its branded products to government distributors and authorized retailers in four provinces in Canada. Its patented ingredient processing technology transforms unsold cannabis and hemp biomass into distillate at an industrial scale. Its other subsidiary is Nextleaf Innovations Ltd., which operates as an extraction solutions company.


CSE:OILS - Post by User

Comment by shnepson Mar 08, 2021 7:31am
91 Views
Post# 32741294

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:BevCanna deal

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:BevCanna dealSorry Blizzy but you suggested I look into Sproutly and I did. Their financials are an absolute nightmare and the current shareprice is reflective of this. Like the Bev/Oils deal (previously) the Moosehead/SPR is only a LOI and not a definitive agreement. SPR has gone from 95c to 5c. Fusion Biosciences will pick up whatever is left of the company (due to all the loans and the crazy interest rates SPR pays) and partner with somebody else. Cost of sales are double the revenue.
Probably the only guarantee right now is for the shares to be consoildated and a slow walk back down. 306M shares and no money except for the bridge loans from Fusion Bio at 15%-20% interest rates. Last of Franks has already shown the remaining financial reasons so no point in repeating.
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