Nextleaf Becomes Top 10 Supplier of Vapes and Oils in British Columbia (CSE:OILS) (OTCQB:OILFF)
December 10, 2021 MJ Shareholders
Saskatchewan Market Entry
Nextleaf has shipped the initial order of Glacial Gold™ products to the Company’s distribution partner in Saskatchewan and expects nine Glacial Gold™ CBD and THC Vapes and Distilled Oils to be available at private cannabis retailers across Saskatchewan by the end of December 2021.
Nova Scotia Market Entry
The Company has received its first purchase order from the Nova Scotia Liquor Corporation and expects select Glacial Gold™ products to be available across Nova Scotia in the new year.
Distilled CBD 100 and Distilled CBD 200 Oil
Glacial Gold™ Distilled CBD 200 Oil is a first in Canada, with the highest amount of CBD in a single unit (5700 mg), highest potency of CBD available in an ingestible oil format (200 mg/g = 20%), and best dollar value per milligram for CBD in Canada.
Nextleaf has completed its first shipments of Glacial Gold™ Distilled CBD 100 Oil and Distilled CBD 200 Oil and expects both products to be available by the end of December 2021 at B.C. Cannabis Stores and private cannabis retailers across British Columbia and Saskatchewan.
Learn more about Glacial Gold™ at www.Glacial.Gold
Nextleaf is a federally regulated producer of cannabis oil that distributes CBD and THC vapes and distilled oils under its award-winning prohibition-era brand, Glacial Gold™. Nextleaf’s patented closed-loop automated extraction plant in Metro Vancouver efficiently transforms cannabis and hemp grown in British Columbia and throughout Canada into high-purity cannabis distillate at an industrial scale. Nextleaf is developing proprietary delivery technology and formulations through its Health Canada Research Licence with sensory evaluation of cannabis via human testing. The Company owns 17 U.S. patents and has been issued 95 patents globally.
Nextleaf Solutions trades as OILS on the Canadian Securities Exchange, OILFF on the OTCQB Market in the United States, and L0MA on the Frankfurt Stock Exchange.
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For more information please contact:
Jason McBride, Corporate Development
604-283-2301 (ext. 219)
On behalf of the Board of Directors of the Company,
Paul Pedersen, CEO
Certain statements contained in this press release constitute “forward-looking statements”. All statements other than statements of historical fact contained in this press release, including, without limitation, those regarding the Company’s ability to capitalize on its IP portfolio,the Company’s strategy, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words “believe”, “expect”, “aim”, “intend”, “plan”, “continue”, “will”, “may”, “would”, “anticipate”, “estimate”, “forecast”, “predict”, “project”, “seek”, “should” or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements. Additional factors that could cause actual results, performance or achievements to differ materially include, but are not limited to the risk factors discussed in the Company’s MD&A for the most recent fiscal period. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law. The CSE has not reviewed or approved the contents of this press release.
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