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Nextleaf Solutions Ltd C.OILS

Alternate Symbol(s):  OILFF

Nextleaf Solutions Ltd. is a Canada-based company, which is a federally regulated manufacturer and distributor of cannabis vapes and oils under its brand, Glacial Gold. The Company is a cannabis extractor and processor, with a focus on developing intellectual property for the extraction, distillation formulation, and delivery of cannabinoids. It commercializes its intellectual property portfolio through IP licensing, production of cannabidiol (CBD) and tetrahydrocannabinol (THC) oils, through its subsidiary, Nextleaf Labs Ltd. (Labs), and selling products through provincial distribution boards for the adult-use market under the brand Glacial Gold. It sells its branded products to government distributors and authorized retailers in four provinces in Canada. Its patented ingredient processing technology transforms unsold cannabis and hemp biomass into distillate at an industrial scale. Its other subsidiary is Nextleaf Innovations Ltd., which operates as an extraction solutions company.


CSE:OILS - Post by User

Post by Adventurouson Jun 28, 2022 5:21pm
241 Views
Post# 34788775

British Columbia Premier to Step Down This Fall

British Columbia Premier to Step Down This FallOne more potential catalyst. A change of Premier in BC might reactivate discussions on the 20% tax the province is the only one to impose in Canada on cannabis vapes, which limits Nextleaf progression towards profitability.

Any tax is good to take for the NDP government, but what about the objectives of going against the illicit market and making BC the national leader in the cannabis industry? It's a long shot, but the next Premier might have a different appreciation of the matter. Especially ahead of a provincial election, with the Cannabis Table going on in Ottawa and looking at ways to help the industry.
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