Nextleaf Solutions Ltd C.OILS

Alternate Symbol(s): OILFF

Healthcare Cannabis Health Care

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.

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Nextleaf Solutions Ltd > Short term pain, mid term gain

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Comment by lscfaon Dec 07, 2021 1:32pm

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Post# 34207100

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Short term pain, mid term gain

Another BS argument of underwriters is that the financing must be offered at a discount to the market price because of dilution. Might be true for co.s that need the cash to keep the lights on but
I have seen cash flow positive co.s who explicating state that the proceeds will be used for accretive purposes and the frigging underwriters still price issue at a discount.

lscfa wrote:

Many small co.s do an equity issue with 1/2 warrant so giving up a whole warrant means OILS is desperate for cash?

signreader wrote: I agree with you. The next time Paul goes on the screen to talk of his excitement I am going ot throw up. Raising money for operations is understandable but why clobber the price down to such pathetic numbers and on top of that a sweetheart deal of warrants at 27c for the next 2 years??? Paul if you can read this, yourshareholders have suffered for too long. No more excitement pls, just deliver on your promises!