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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 LastoftheFrankson Jun 17, 2021 3:56pm
148 Views
Post# 33405857

RE:RE:Lastofthefranks

RE:RE:Lastofthefranks

Nextleaf is in a legal dispute with the company originally slated to manufacture and sell their non-core IP. They were given $800K upfront for launch costs then abruptly stopped at the start of the pandemic and seemingly have never gotten around to restarting. 

Nextleaf has filed a claim against the company and according to the recent financials, said company is filing a counter claim involving a 3rd party. 

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