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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 shnepson Aug 31, 2021 8:49am
124 Views
Post# 33786978

RE:RE:RE:Financials are out on sedar

RE:RE:RE:Financials are out on sedarYou can't just look at the revenue because they are also sitting on $1.8M in inventory. That inventory has costs connected to it. It just hasn't gone out the door yet.
Don't get me wrong the sales aren't as high as expected, for sure.
The company is in the phase of ramping up the "Glacial Gold" and there are alot of costs associated with this before revenues are being received from sales.
These are just going on the shelves know.
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