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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

Post by Gotime2on Oct 05, 2021 9:59am
183 Views
Post# 33966433

Are we in the black?

Are we in the black?

Here is some napkin math on B to C sales for September , remember this does not include any B to B wholesale sales
40,000 items @$15 (low guesstimate of average price)
=$600,000
50% margin = $300,000
I believe average monthly burn rate was around $350k,
looks like financials should show no more losses, no more dilution, profitable first quarter.
this is officially a growth story!!

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