Nextleaf Solutions Ltd C.OILS

Financials out.

[shneps]

37% Gross profit margin.
Not any in the industry that are hitting that mark.

[LastoftheFranks]

Parsing through everything now, these don't include Ontario either until next Q. Winds blowing in the right direction as death comes knocking for others. 

[Buyhigheatchips]

What do you folks think of a merger with a similarly sized partner? The idea would be to combine our process with someone else's market share. 

[shneps]

What companies do you think would fall into the merger of equals?

[Buyhigheatchips]

Not sure but say LABS for speculation purposes.  I take Franks point though.  

[LastoftheFranks]

I know this is supposed to be hypothetical but if we did any kind of deal with Medipharms the only thing that would be certain is you wouldn't see me on this message board anymore. 

[Buyhigheatchips]

Cmon get off the fence :D

[LastoftheFranks]

If the brand requires Nextleaf's oil to be profitable then they can purchase it through bulk supply. Every bulk supply partner's sales is effectively ___% kickback to Nextleaf, I'd rather that model than a press release with a partner we'd inevitably become direct competitiors with in a provincial market.  Any deal in which they restrict themselves to individual sales

[shneps]

Until the day comes that all these "non-profitable" extraction companies have finally gone belly up I don't believe Nextleaf is going to see a significant increase in bulk sales. These other extraction companies have (and continue) to extract at a loss in order to keep the doors temporarily open. Nextleaf is on track with the retail sales and the bulk sales will come back in the

[shneps]

Things are moving in the right direction. Two offtakes would be the continuing increase in wages and salaries. I would like for management to speak about the $150,000+ a month and justification of these every increasing costs. I get it that we are rolling out in new provinces but to look at the corporate directory it seems were are merely fattening middle management levels and increasing upper