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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 DonRudyon Sep 02, 2021 5:43pm
78 Views
Post# 33807371

RE:Confused

RE:Confused

BurlapSack wrote: So the OILS pumpers were telling me how revolutionary and cost effective the setup is. Why did they post a negative gross margin? Doesn't that go against everything this company set out to do?

 

I agree, and not sure to all the factors that could affect this. Next leaf has a closed loop system and would do best with large bulk orders rather than small batches that would require stopping the closed loop process, cleaning machines and setting up a new batch. 

I believe things are just getting started at Nextleaf, coming into 2022 they are set to prove their viability of a low cost supplier of
oils. Let's see what price they set their gram vape carts at compared to their peers. If Nextleaf can secure lowest cost while maintaining a high purity for glacial gold, then that may be a way to prove their process is as efficient as claimed. 

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