My brief list of things Nextleaf has going for them I believe that 2021 will be Nextleaf’s year and the start of big things and solid share price appreciation.
Some of the things Nextleaf has going for them:
- Already have inked deals to supply oils to other companies, including Eve and Co and others, including one of the top Canadian cannabis sellers
- They are one of the few licensed cannabis companies to have a license to conduct human trials, which can be used to assist other companies in expediting product development and generate revenue. It can also assist in honing Nextleaf’s own brand which I would expect would be available for direct sale one their license is approved (remember that high capacity vape cartridge line they have)
- They have a deal to and have provided their patent pending rapid emulsion oil drops to BevCanna which Keef Brands (the #1 cannabis beverage company in the US has taken an equity position in). Nextleaf’s ingredients are ‘preferred ingredients’ in BevCanna’s products.
- Nextleaf’s lab requires only a fraction of the staff to run vs traditional extraction labs, and the geographic footprint is smaller which also decreases overhead. This is made possible though their proprietary technology
- The purity of the oil is high and the cost is low, meaning Nextleaf is poised to be potentially the Only extractor to not only survive, but thrive under price compression
- Should be increasing throughput capacity within the same footprint by up to 50% this year due to further process and automation improvements
- Long-term they will likely be rewarded by their patent portfolio which is the second largest of any cannabis company and only second to Canopy Growth
- Insider ownership is incredibly high
I am sure there are many other positive things which could be added to this list, and so feel free to comment on those things.
I realize the stock price has been frustrating for some time, however, we have now seen upward movement from 0.14 and seem to have a base of sorts at 0.25. Things have stabilized. Glad I loaded up at 0.14 but I think in a few months time even 0.40 will see like a steal. Looking forward to the next leg up before another stabilization.
Cheers to the longs !