Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 GnarlyMungeron Jan 26, 2024 12:37pm
129 Views
Post# 35847268

RE:Date

RE:DateThank you! So that refers specifically to THC-O... a new molecule which (AFAIK) is not in Glacial Gold products. Interestingly, in the video Paul does say Excise Tax on Glacial Gold products can be "anywhere from 40%-50%". So when you see that graph of Nextleaf's softgel sales doing better than their other products... just be aware that half the Revenue could be going straight out the door to the CRA. Canadabis had this problem; the more THC you give customers, the more Tax you pay to the CRA... but you're not able to fully recover it through higher pricing as there's a limit to what consumers will pay for extra THC (and Nextleaf doesn't even try, it prices low). High THC products at low prices is a tricky dynamic, because the tax is based on milligrams not revenue. Interesting date on the video too... just after the majority of the unidentified payables were accrued, vastly in excess of their Revenue or COGS growth (which was basically flat during the period Dec20-Jun22)... so it's unlikely to be liabilities for plant biomass procurement or unpaid staff wages.
<< Previous
Bullboard Posts
Next >>