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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 Buyhigheatchipson Mar 01, 2022 9:16am
181 Views
Post# 34470551

good update

good updateHighlights:
  • The Company earned processing revenues from cannabis concentrate and branded product sales of approximately $1,150,000, with a gross margin of approximately 30%.
  • Nextleaf became a top-10 supplier of cannabis oils and vapes in British Columbia ("B.C.").
  • Established distribution of Glacial Gold™ branded products into three provincial adult-use markets and nationally for medical cannabis patients.
  • Established a commercial supply partnership with a Nasdaq-listed global cannabis company, with Nextleaf supplying THC ingredients to power the partner's THC vape cartridges distributed nationally under their brands.

We continue our upward climb relative to our peers who are losing vast quantities of cash.
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