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 > Something fishy.

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Comment by GnarlyMungeron Feb 01, 2024 4:19pm

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Post# 35858067

RE:RE:RE:Something fishy.

See shareholder rights plan (24/11/2023) - it prevents a takeover 'on the cheap'. Also, sophisticated buyers will realise the earnings are non-cash (gain on settlement of payables), the cash flow is probably unsustainable (movements in working capital), and whether they are really debt free is a matter of debate (i.e. current liabilities). So takeover is unlikely IMO.

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