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.

CSE:OILS - Post by User

Nextleaf Solutions Ltd > 270% Increase in the Last Month

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Comment by Bullchart1on Jul 25, 2022 9:47am

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Post# 34847676

RE:270% Increase in the Last Month

The news today is very good. .16 is the 200 day. Solid close above that and this will moive back into the 20's. .06 to .08 in June was a great deal. Hindsight

Adventurous wrote: From 5 cents to today's 13.5 cents a share. That's that for the "sky is falling" theory.

Nextleaf's trend was up because it simply did not make sense to see this great company's shares at 5 cents a piece. Despite down markets.

Where do we go from here? Your guess is as good as mine. Normal level would be 25-30 cents a share. Deep pockets bought a lot last December at 20 cents. Penny flippers might start being more active, but I suspect they already sold off and don't understand the company well enough to re-entry just now, hoping for a big "sky-is-falling" episode to refill. This might, or not, happen. If it does, it would likely be because of the coming rate increase this week in Europe and next week in the US impacting markets.