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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

Comment by Adventurouson Mar 06, 2023 5:27pm
137 Views
Post# 35322379

RE:RE:RE:RE:Every Loosing Sector Has Its Winners

RE:RE:RE:RE:Every Loosing Sector Has Its WinnersPayments in a way or another that kept us from profit level. Once we are done with ATB, not only we are likely debt-free, having a greater number of committed shareholders (who bought ATB shares), but we will be in a position to declare a profit. This profit will be modest at first (while we are still getting out of ATB's hands), but likely impressive in the following debt-free quarters.

I heard Paul say in the recent video that he expects us to be debt-free "in a couple months". You mentioned June. I am not sure if Nextleaf can pay off the remaining debt with current cashflow (or profit) which would explain Paul's comment. Also, I am not totally affirmative ATB's debenture is our only debt.


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