- Nextleaf Solutions (OILS) has completed its initial shipment of Glacial Gold™ vapes and distilled oils to the Ontario Cannabis Store (OCS)
- Glacial Gold™ continues to see strong consumer demand and sell-through during the brand’s initial six months in the British Columbia market
- Nextleaf has been issued 10 U.S. patents to produce high-purity cannabinoid distillate
- Nextleaf is a federally regulated cannabis oil producer that owns one of the largest portfolios of U.S. patents for the extraction and distillation of cannabinoids
- Nextleaf Solutions Ltd. (OILS) is up 3.7 per cent, trading at C$0.14 per share at 11:30 am ET
Nextleaf Solutions (OILS) has completed its initial shipment of Glacial Gold™ vapes and distilled oils to the Ontario Cannabis Store (OCS).
The company also provided an update on its cannabis sales in British Columbia.
Vapes and distilled oils under Nextleaf’saward-winning prohibition-era brand, Glacial Gold™ will be available at retail stores across Ontario and online in early May.
“Shipping our initial order to the OCS is a major milestone as we look forward to growing our relationship with the provincial distributor by delighting consumers in Ontario the way we have delighted consumers in B.C. with quality products at accessible price points,” said Nextleaf CEO and co-founder Paul Pedersen.
Glacial Gold™ continues to see strong consumer demand and sell-through during the brand’s initial six months in the British Columbia market.
Nextleaf is pleased to provide the following key metrics in B.C. for the quarter ended March 31, 2022:
- Nextleaf is a top-10 supplier of vapes and oils
- Glacial Gold™ Anytime 1:1 is the #1 selling CBD forward vape SKU
- Glacial Gold™ is the #2 brand in CBD & balanced oils by revenue
- Glacial Gold™ is the #6 brand in 1-gram vapes by revenue
- 44 per cent increase in market share quarter-over-quarter in the oil category
- 14 per cent increase in market share quarter-over-quarter in the vape category
- Glacial Gold™ has seven SKUs in the 1-gram vape sub-category, second amongst all brands
Nextleaf has been issued 10 U.S. patents for what it believes to be the most efficient technology to produce high-purity cannabinoid distillate in a regulated market.
Nextleaf is a federally regulated cannabis oil producer that owns one of the largest portfolios of U.S. patents for the extraction and distillation of cannabinoids.
Nextleaf Solutions Ltd. (OILS) is up 3.7 per cent, trading at C$0.14 per share at 11:30 am ET.