Nextleaf Solutions Ltd. a federally regulated cannabis oil producer that owns one of the largest portfolios of U.S. patents for the extraction and distillation of cannabinoids, is pleased to provide an update on its increased distribution of CBD oil through bulk ingredient wholesale customers and the Company’s Glacial Gold branded consumer products.CBD Ingredient Supply to NASDAQ-listed PartnerThe Company has …
Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (“Nextleaf”, “OILS”, or the “Company”), a federally regulated cannabis oil producer that owns one of the largest portfolios of U.S. patents for the extraction and distillation of cannabinoids, is pleased to provide an update on its increased distribution of CBD oil through bulk ingredient wholesale customers and the Company’s Glacial Gold branded consumer products.
CBD Ingredient Supply to NASDAQ-listed Partner
The Company has received a significant wholesale purchase reorder for high-purity CBD distillate from its NASDAQ-listed partner (the “Partner“). The Company’s wholly-owned subsidiary Nextleaf Labs Ltd. (“Nextleaf Labs“) supplies the Partner with bulk CBD distillate ingredients to power the Partner’s CBD products and brands, including; edibles, ingestible oils, and vape carts distributed by provincially-authorized retailers across Canada. The most recent purchase order has been fulfilled and Nextleaf expects the bulk ingredient supply business to continue at a similar frequency with the opportunity to further...
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