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Nextleaf Q1 FY23 Net Revenue Grows 3% YoY, What About Profit?
Thursday, March 2, 2023 - 9:55am | 403Nextleaf Solutions Ltd. (OTCQB: OILFF) (CSE:OILS) (FSE:L0MA) net revenue in Q1 FY 2023 was CA$1.2 million, ($880,000) a 3% increase compared to CA$1.1 million. Q1 FY 2023 Financial Highlights Gross profit was CA$25,215, an unfavorable decrease of 92% compared to CA$343,419 in Q1 FY 2022. Gross...
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Nextleaf Stock Skyrockets On 30% Net Revenue Growth In FY 2022
Tuesday, January 31, 2023 - 11:44am | 524Nextleaf Solutions Ltd. (OTCQB: OILFF) (CSE:OILS) (FSE:L0MA) released its audited annual financial statements for the fiscal year ended September 30, 2022, revealing net revenue of CA$4.4 million ($3.3 million), a 30% increase compared to 3.4 million in 2021. FY 2022 Financial Highlights Gross...
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Nextleaf Enters New Market Via Atlantic Cultivation
Wednesday, November 16, 2022 - 10:45am | 380Nextleaf Solutions Ltd. (OTCQB: OILFF) (CSE:OILS) (FSE:L0MA), a federally regulated manufacturer and distributor of cannabis extracts, announced its entry into the Newfoundland and Labrador market through a strategic partnership with Atlantic Cultivation Inc. Nextleaf is supplying Atlantic with...
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Nextleaf Launches Glacial Gold CBD 3:1 Vape
Tuesday, July 12, 2022 - 11:13am | 492Nextleaf Solutions Ltd. (OTCQB: OILFF) (CSE:OILS) (FSE:L0MA), a federally regulated manufacturer and distributor of cannabis extracts including vapes and oils, launched its new CBD 3:1 vape under the prohibition-era brand, Glacial Gold. The company's technology stack enables the transformation...
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Nextleaf Q2 2022 Revenue Grows 774% YoY, Reports Management Changes
Tuesday, May 31, 2022 - 11:15am | 495Nextleaf Solutions Ltd. (OTCQB: OILFF) (CSE:OILS) (FSE:L0MA) released its Q2 financial and operational results for the quarter ended March 31, 2022, revealing revenue of $1.14 million compared to $131,000 in Q2 2021. Q2 Financial Highlights The increase in revenue was a result of the company...
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Nextleaf Granted U.S. Patent For Technology That Maximizes Cannabinoid Yield & Reduces Waste
Tuesday, April 5, 2022 - 11:12am | 455Cannabis vapes distributor and manufacturer Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) announced that the United States Patent and Trademark Office has granted the company its 18th issued U.S. patent. How It Works? Nextleaf's latest U.S. patent describes a system in which...
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Nextleaf Solutions Touts Positive Trends In Gross Margin, Posts $1.15M In Q1 Revenue
Tuesday, March 1, 2022 - 10:29am | 698Cannabis company Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) announced business and financial results for its first quarter fiscal 2022 period ended December 31, 2021. Q1 2022 Business Highlights The company earned processing revenues from cannabis concentrate and branded...
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Nextleaf Enters Ontario With Glacial Gold Vape Cartridges And Distilled Oils
Thursday, February 3, 2022 - 10:00am | 473Nextleaf Solutions Ltd. (CSE:OILS) (OTCQB: OILFF) (FSE:L0MA) revealed Thursday it has received approval from the Ontario Cannabis Store to list the Company's Glacial Gold products in Ontario. Wholly-owned by the Province of Ontario, the OCS is the sole distributor in the province and all...
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Why Nextleaf Solutions Is Betting That Patents Are The Future Of Cannabis
Wednesday, July 15, 2020 - 11:51am | 1250As the economic crisis brought upon by COVID-19 lays waist to industries like retail, tourism, and restaurants, the cannabis industry is facing a different kind of crisis. Despite record legal cannabis sales in major markets (which can be attributed to the pandemic) cannabis producers have...
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'We Have A Responsibility': Cannabis Execs On The Importance Of Branding, Development
Tuesday, October 29, 2019 - 3:22pm | 883Guests at the Benzinga Cannabis Capital Conference in Chicago last week heard from industry execs about their branding and corporate development during breakout sessions at the Palmer House. VerdeMed José Bacellar, president and CEO of Canadian pharmaceutical company...
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Canadian Cannabis Extraction Execs Talk Tech, Staffing, Innovation
Thursday, October 24, 2019 - 2:39pm | 528Cannabis extraction technology was the subject of a panel discussion Tuesday at the Benzinga Cannabis Capital Conference. Moderated by Mitch Osak, partner at MNP, the panel included experts from several Canadian brands. Keith Strachen, president of Medipharm Labs Corp (OTC: MEDIF) (...
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Nextleaf Solutions Reports Nextleaf Labs Has Obtained Health Canada's Standard Processing License
Monday, September 9, 2019 - 11:44am | 301Nextleaf Solutions Ltd. (CSE: OILS) (OTC: OILFF) said Monday that Nextleaf Labs Ltd. has obtained Health Canada’s Standard Processing Licence that will allow it to commercialize its intellectual property portfolio via cannabis oils manufacturing. The company’s portfolio contains four...
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Cannabis CEOs See Holistic Branding As Key To Consumer Experience
Friday, August 16, 2019 - 10:47am | 629Creating brands that represent the entire consumer experience is the key to success, according to three cannabis executives who presented Thursday at the Benzinga Cannabis Capital Conference on creating reputable brands in the space. Michigan Is Key Michigan provided a unique business...