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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 Feb 29, 2024 4:57pm
126 Views
Post# 35907663

RE:share price drop?

RE:share price drop?It does not seem to have anything to do with Nextleaf. We should know for sure when the CEO soon talks to the media in relation with today's release of positive Q results.

Otherwise, we will probably never know. I saw only 2 or 3 massive sellers + a few weak hands. Maybe they decided to take their profits or needed the money to cover losses elsewhere or face some March 1st charges. Maybe we will see the same manipulators buying back their shares tomorrow with the hope of closing the trade with a profit. But they can't sell twice the same shares.

What is sure is that every sold share has rapidly found a willing buyer. Including deep pocket buyers, able to face the tide without questioning Nextleaf's solid base. It is just normal that the share price didn't have time to recoup all the lost ground. It could take a little while, just to make sure the crazy sellers are done. But it looks really cheap as it sits now at 14 cents.

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