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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

Comment by Blizzy420on Apr 01, 2021 8:57am
85 Views
Post# 32921409

RE:RE:RE:RE:RE:RE:RE:RE:Nextleaf secures financing

RE:RE:RE:RE:RE:RE:RE:RE:Nextleaf secures financing That's the story that was sold to all the cannabis companies in their initial rounds of financing.    I will be happy to see OILS buck that trend.   I dont see it as the top choice, convertible debt financing with its track record in this industry should be a last resort and if Nextleaf is looking to that kind of debt for support then their options must not be great..... they could be worse though, if the terms were more aggressive my theory would be a slam dunk.... the 'favourable' terms does provide a glimmer of light, but its just a small beam right now with this dilutive effort.
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