Source: Nextleaf Solutions Ltd.
  • Nextleaf (OILS) has entered into the Newfoundland and Labrador market through a strategic partnership with Atlantic Cultivation Inc.
  • Nextleaf is supplying Atlantic with semi-finished goods to power several products under their Crooked Dory brand
  • Atlantic Cultivation Inc. operates a cannabis cultivation and processing facility and also owns and operates eight Atlantic Cannabis retail locations
  • Nextleaf Solutions Ltd. (OILS) opened trading at C$0.07 per share

Nextleaf (OILS) has entered into the Newfoundland and Labrador market through a strategic partnership with Atlantic Cultivation Inc.

Nextleaf is supplying Atlantic with semi-finished goods to power several products under their Crooked Dory brand. The initial order of cannabis extracts has been shipped to Atlantic, with Crooked Dory products already available in the Newfoundland and Labrador market.

Nextleaf Co-Founder and CEO Paul Pedersen said his company will be supporting Atlantic’s authentic Newfoundland brands by supplying cannabis oils, extracts, and technology.

“Atlantic is currently the #1 cannabis distributor in the Newfoundland and Labrador market, with incredible brands and infrastructure to produce and distribute products that delight consumers.”

Atlantic Founder and COO Chris Crosbie added that his team will provide Nextleaf processed products across Newfoundland and Labrador.

“Nextleaf’s quality and processing efficiency allow us to offer exceptional quality products at the lowest prices in the province. We are proud to have their products become a staple offering in our wholly-owned retail chain.”

Atlantic Cultivation Inc. operates a cannabis cultivation and processing facility in St. John’s. The company also owns and operates eight Atlantic Cannabis retail locations across the province. 

Nextleaf manufactures and distributes cannabis vapes and oils under its award-winning prohibition-era brand, Glacial Gold.

Nextleaf Solutions Ltd. (OILS) opened trading at C$0.07 per share.


More From The Market Online

Tilray Brands seeks US$250M for U.S. cannabis expansion

Global cannabis stock Tilray Brands (TSX:TLRY) intends to raise up to US$250 million to fund its U.S. expansion plan.

The Market Online’s Weekly Cannabis Report – May 17, 2024

This international biopharmaceutical company revealed it has completed the retrospective observational real-world evidence study.

Avicanna finishes study of CBD cream’s use for rare skin disorder

Avicanna (TSX:AVCN) completes an observational study of its RHO Phyto-branded Ultra CBD topical cream on patients with epidermolysis bullosa.