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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 shnepson Jun 10, 2022 11:11am
250 Views
Post# 34747099

Not doing it............

Not doing it............I sold almost all my shares back at 10c-12c and had all those shares to buy sitting at 7.5c and 7c for the past week.
I have been trying to support the shareprice and managment but I'm definitely taking issue with the dramatic increase in middle management positions and the lack of insiders open market buying support.
I pulled all those shares this morning, in response to the lack of company support for shareholders.
I am well aware of the cannabis industry's degradation and feel overall OILS is one of the best out there but cannot place my financials on the line for the growing "lifestyle" attitude of Nextleaf.
I will most likely buy back in at some point but will not lose money in the interim.
Sorry to the shareholders but this is not my company and the "rinse and repeat" of Paul's every interview for the past years has worn out it's welcome. As soon as he stated the "billion dollar IP" regurgitation in the last interview that was the final nail in the coffin.
I may miss something on news but I'm more then willing to wait on the sidelines.
Good luck to all.
Cheers
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