Nextleaf Reports Profitable Second Quarter FY25 Results Including Increased Revenue Growth and Positive Net Income Improvement
Vancouver, British Columbia--(Newsfile Corp. - May 30, 2025) - Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) ("Nextleaf", "OILS", or the "Company"), an innovation-driven life science company and licensed cannabis processor, is pleased to announce its financial results for the second quarter of fiscal year 2025, ended March 31 2025. The Company reported gross revenue of $4,698,331, net revenue of $3,515,435 and gross profit of $1,348,054. The Company has continued making substantial improvements in net income at $348,789 while...
2025-05-30 9:00 AM EDT
Nextleaf Shares Commercial Update Featuring Market Expansion Through Entry into Province of Quebec
Vancouver, British Columbia--(Newsfile Corp. - May 15, 2025) - Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) ("Nextleaf", "OILS", or the "Company"), an innovation-driven life sciences company and licensed cannabis processor, is excited to share a commercial update including 20 new product listings in major markets nationally across 4 categories. This includes the Company's initial entry into branded product sales in the province of Quebec.New Products and InnovationNextleaf is pleased to announce 20 new listings in major markets under...
2025-05-15 9:00 AM EDT
Nextleaf Reports First Quarter Results for Fiscal Year 2025 Including Increased Gross Profit, and Significant Net Income Improvement
Vancouver, British Columbia--(Newsfile Corp. - March 4, 2025) - Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) ("Nextleaf", "OILS", or the "Company"), an innovation-driven life sciences company and licensed cannabis processor, is pleased to announce its financial results for the first quarter of fiscal year 2025 ending Dec 31st 2024. The Company reported gross revenue of $3,852,505 and net revenue of $2,886,673. Notably, a significant improvement in net income at $530,432 alongside gross profit margin increasing by 28% quarter-over-quarter.Q1...
2025-03-04 9:00 AM EST
Nextleaf Reports Fiscal Year 2024 Financial Performance, Achieves Record Growth from Branded Product Sales, and Maintains Debt-Free Status
Vancouver, British Columbia--(Newsfile Corp. - January 29, 2025) - Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) ("Nextleaf", "OILS", or the "Company"), an innovation-driven life sciences company and licensed cannabis processor, is pleased to announce its annual financial results for Fiscal Year (FY) 2024. The Company achieved record growth from branded product sales while maintaining debt-free status, delivering positive EBITDA1, and demonstrating financial resilience despite challenging economic conditions.Key Financial HighlightsGross Revenue $16,567,537Net Revenue $12,478,039Gross Profit $3,742,561Maintained Secured Debt-Free StatusPositive...
2025-01-29 9:00 AM EST
Nextleaf to Host Live Webinar, Featuring Canadian Cannabis Industry Trends and Insights
Vancouver, British Columbia--(Newsfile Corp. - January 20, 2025) - Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) ("Nextleaf", "OILS", or the "Company"), a leading life science firm and licensed cannabis processor, invites shareholders, industry peers and media to the upcoming live webinar, "Extracting Value: Industry Trends and Insights." Taking place on January 22nd, 2025 (4pm EST/1pm PST), this engaging session will deliver fresh perspectives on market trends, emerging opportunities and Nextleaf's vision for growth.
2025-01-20 2:13 PM EST
Nextleaf Shares a Commercial Update Including 14 New Product Listings, and Announces Date for Annual General Meeting
Vancouver, British Columbia--(Newsfile Corp. - December 23, 2024) - Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) ("Nextleaf", "OILS", or the "Company"), a leading life science firm and licensed cannabis processor, is excited to announce 14 new product listings nationally across 4 categories, and the date for their Annual General Meeting, which will be held on January 30th 2025, in Vancouver, BC.New Products and InnovationNextleaf is pleased to announce 14 new listings under their flagship brand Glacial Gold, across...
2024-12-23 9:00 AM EST
Nextleaf Launches Industry-Leading Virtual Facility Tour and Receives Canadian Digital Adoption Grant
Vancouver, British Columbia--(Newsfile Corp. - October 17, 2024) - Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) ("Nextleaf", "OILS", or the "Company"), a leading life science firm and licensed cannabis processor, is excited to announce the launch of an innovative, industry-leading virtual tour of their Coquitlam B.C. processing facility, featuring the Company's multi-patented extraction technology.The on-demand, self-guided, 4-part tour was made possible by a grant from the Canadian Digital Adoption Program (CDAP). This level of transparency into cannabis processing...
2024-10-17 4:00 PM EDT
Nextleaf Shares a Commercial Update Including 12 New Product Listings
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2024) - Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) ("Nextleaf", "OILS", or the "Company"), a leading life science firm and licensed cannabis processor, is excited to announce 12 new product listings nationally across 5 categories, and the permanent appointment of Sam Kassem as Chief Financial Officer.New Products and InnovationNextleaf is pleased to announce 12 new listings across 5 categories, launching between September 2024 and early 2025. Currently the Company manufactures 40...
2024-10-01 4:05 PM EDT
Nextleaf Announces the Appointment of Chief Executive Officer
Vancouver, British Columbia--(Newsfile Corp. - September 26, 2024) - Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) ("Nextleaf", "OILS", or the "Company"), a leading life science firm and licensed cannabis processor, is pleased to announce the permanent appointment of Emma Andrews as the Chief Executive Officer of the Company.Appointment of Chief Executive OfficerThe Board of Directors of the Company (the "Board") is pleased to announce the permanent appointment of Emma Andrews, as the Chief Executive Officer. Andrews has acted...
2024-09-26 9:00 AM EDT
Nextleaf Maintains Debt-Free Status and Reports Record Year-to-Date Third Quarter Financial Results
Vancouver, British Columbia--(Newsfile Corp. - August 29, 2024) - Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) ("Nextleaf", "OILS", or the "Company"), a leading life science firm and licensed cannabis processor, is pleased to announce its financial results for the third quarter ending June 30th, 2024. The Company achieved gross revenue of $4,012,000, reflecting a 50% increase year-over-year and net revenue of $3,050,508, representing a 37% growth year-over-year. Additionally, the Company reported an Adjusted EBITDA of $725,3391.Q3 FY2024 HighlightsDebt-Free...
2024-08-29 4:17 PM EDT
Nextleaf Provides a Strategic Update on Commercial Partners Program
Vancouver, British Columbia--(Newsfile Corp. - August 22, 2024) - Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) ("Nextleaf", "OILS", or the "Company"), a life science firm and licensed cannabis processor has provided a strategic update on their Commercial Partners ProgramTM."We are pleased to enhance our focus on our burgeoning Commercial Partners ProgramTM. This reinvigoration is driven by improved stability in the supply chain, and our enhanced production and manufacturing capacity achieved through sustained internal investment," commented Chris Andrews, Vice...
2024-08-22 9:00 AM EDT
Nextleaf Solutions Reports Record Revenue $3.4 Million in Second Quarter 2024 Financial Results
Vancouver, British Columbia--(Newsfile Corp. - May 29, 2024) - Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) ("Nextleaf", "OILS", or the "Company"), a leading life science firm and licensed cannabis processor, is pleased to release its financial results for their second quarter ended March 31st, 2024. The Company achieved sequential revenue growth, a record $3.4 million net revenue, and an adjusted EBITDA[1] of $232,682.HighlightsAchieved gross margins of 28% in Q2 FY2024, up from 20% in Q2 FY2023.Net revenue grew...
2024-05-29 9:00 AM EDT
Nextleaf Solutions Announces New Product Launches Across Core Recreational Cannabis Categories, Alongside National Brand Activations for Acclaimed Legacy-to-Legal Brand Glacial Gold
Vancouver, British Columbia--(Newsfile Corp. - April 19, 2024) - Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) ("Nextleaf", "OILS", or the "Company"), a leading life science firm and licensed cannabis processor, announces their latest lineup of product launches in advance of 4/20, a commemorative day within the cannabis community worldwide. In celebration, the Company is also pleased to debut a series of innovative national brand activations for its acclaimed legacy-to-legal brand Glacial GoldTM.The spirit of 4/20 (acknowledged globally on...
2024-04-19 4:53 PM EDT
Nextleaf Solutions Announces Category Expansion, and Increased Distribution for Cannabis Softgels, Applauding Health Canada Recommendation to Expand Access to Medical Cannabis Through Pharmacies
Vancouver, British Columbia--(Newsfile Corp. - April 2, 2024) - Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) ("Nextleaf", "OILS", or the "Company"), a leading biotech firm and licensed cannabis processor, is pleased to announce a commercial update, including national category expansion with the launch of infused prerolls under their acclaimed brand Glacial Gold.This announcement comes alongside increased distribution for their category leading Glacial Gold softgels, now with three potencies, available in 10-pack trial sizes, and large format 50-pack &...
2024-04-02 9:30 AM EDT
Nextleaf Solutions Reports Quarterly Results with Record Revenue
Vancouver, British Columbia--(Newsfile Corp. - March 1, 2024) - Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) ("Nextleaf", "OILS", or the "Company"), a leading biotech firm and licensed cannabis processor, is pleased to report financial results for the quarter ended December 31st, 2023. The Company achieved record quarterly revenue growth, driven by market expansion, strong performance across its product portfolio, and successful operational investments and initiatives, bolstering the overall health of the business.Quarterly Financial Highlights:Reports third profitable quarter.This quarter...
2024-03-01 9:15 AM EST
Nextleaf Solutions Announces Market Expansion Through Wholesale Distribution Agreement for Manitoba and the Northern Territories, Alongside Robust Line-Up of National Product Launches in Spring 2024
Vancouver, British Columbia--(Newsfile Corp. - February 9, 2024) - Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) ("Nextleaf", "OILS", or the "Company"), a leading biotech firm and licensed cannabis processor, is pleased to announce a strategic wholesale distribution agreement with Lineage Distribution ("Lineage"), a licensed cannabis processor and distributor based in Niverville, Manitoba. This agreement signifies Nextleaf's commitment to expanding its market presence into Manitoba and the Northern Territories, offering consumers access to its acclaimed Glacial Gold and...
2024-02-09 9:00 AM EST
Nextleaf Solutions Ltd. Achieves Strong Fiscal Year 2023 Financial Performance, Debt-Free Status, and Positive Cash Flow from Operations
Vancouver, British Columbia--(Newsfile Corp. - January 30, 2024) - Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) ("Nextleaf", or the "Company"), a multi-patented biotech company, and Canadian-based cannabis processor with a commercialized portfolio of federally regulated adult-use brands, cannabis derivative products, and high purity bulk ingredients is pleased to announce its annual financial results for Fiscal Year End (FY) 2023, showcasing robust growth, strategic achievements, and significant financial milestones.Key Financial Highlights:Total Gross Revenue: Nextleaf, including its wholly owned subsidiaries,...
2024-01-30 5:49 PM EST
Nextleaf Solutions Announces Results of Annual General and Special Meeting of Shareholders
Vancouver, British Columbia--(Newsfile Corp. - December 19, 2023) - Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) ("Nextleaf", "OILS", or the "Company"), a federally regulated manufacturer and distributor of cannabis extracts, is pleased to announce the results of the Company's annual general and special meeting of shareholders (the "Meeting") held in Vancouver, British Columbia on December 19, 2023. At the Meeting, the shareholders resolved to:Fix the number of directors at four; Elect Emma Andrews, Sam Kassem, Fred Bonner and...
2023-12-19 9:52 PM EST
Nextleaf Announces Adoption of Shareholder Rights Plan
Vancouver, British Columbia--(Newsfile Corp. - November 22, 2023) - Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) ("Nextleaf", "OILS", or the "Company"), a federally regulated manufacturer and distributor of cannabis extracts, announces that it has adopted a shareholder rights plan (the "Rights Plan") and reports that it has not received any nominations for electing persons to the Company's board of directors for the upcoming annual general and special meeting of shareholders, to be held on December 19, 2023...
2023-11-22 7:55 PM EST
Nextleaf Provides Update on Executive Leadership, and Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - October 2, 2023) - Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) ("Nextleaf", "OILS", or the "Company"), a federally regulated manufacturer and distributor of cannabis extracts, provides update on Executive Leadership, and the Board of Directors.Executive Officer UpdateNextleaf is pleased to announce the addition of Sam Kassem, CFA, BBA to its executive team as Interim Chief Financial Officer.As the incoming Chief Financial Officer ("CFO"), Kassem is skilled at streamlining financial processes, implementing effective cash...
2023-10-02 9:01 AM EDT