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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 RyanB1234on Feb 01, 2022 3:15pm
104 Views
Post# 34386508

RE:RE:RE:RE:Nextleaf Provides Corporate Update and Comments on Year End

RE:RE:RE:RE:Nextleaf Provides Corporate Update and Comments on Year End

Even if they landed 1 or 3 new regular tolling contracts over the year and could increase their current $3M tolling fees by 50% that would be $4.5M in tolling alone.

I feel that 50% growth is ultra conservative. you can start to see how this could be a $10M+ run rate by end of next year. 


 


RyanB1234 wrote:

I am not sure what I am missing here...

Based on the unaudited report, nextleaf would be look at a conservative run rate of $5-6M next year. This would be attainable by continuing a $3M tolling business and the current conservative numbers of glacial goald at $500k a quarter. this would be 100% + from today's unaudited release. 

The conservative figure I just shared would not take into consideration any growth for their tolling business or further market penetration via GG in the current regions as well as new provinces coming online over the next few months.

couple this with the efficiency gains of running full shift and and I would expect to see Nextleaf being closer to $7-9M run rate with better margins. This would equate closer to 150%+ growth YOY 

 

Soopyspoon73 wrote: Nextleaf got me flabbergasted 

 

 



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