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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 Adventurouson Feb 04, 2023 12:09am
205 Views
Post# 35266476

RE:RE:Latest Proactive Interview

RE:RE:Latest Proactive Interview This new province would be Alberta, I suppose. Delayed for administrative reasons, but still a major market, arguably the third in Canada in size.

Nextleaf is clearly in seach of ways to increase production volume, considering the unused capacity Paul is mentioning. Alberta would be a nice and profitable addition. The way Paul puts it, the profit margin would be higher on this increased volume since fixed production costs are in good part already covered.

It also means my suggestion to increase the prices at which Nextleaf is selling its products might be a bit premature. It looks like it is still possible to make good money by selling cheap. Still, it is a delicate balancing act. If Glacier Gold is indeed desirable in itself, maybe Nextleaf is leaving good money on the table by selling a bit too low. The company must maximize profits and for that possibly increase its prices even if it doesn't need to. For Paul to figure.

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