Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (ESF: L0MA) (“Nextleaf”, “OILS” or “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 have today announced the launch of Distilled CBD 100 Oil and Distilled CBD 200 Oil under the brand name of the ban era of the company Glacial Gold ™.
Glacial Gold ™ Distilled CBD 200 Oil is the first in the medical and adult use markets of Canada, with the highest amount of CBD in a single unit (5700 mg), the highest potency of CBD available in a d ingestible oil (200 mg / g = 20%) and the best dollar value per milligram of CBD in both the legal and illicit market in Canada.
Glacial gold distilled CBD oil 100 and distilled CBD oil 200
To see an improved version of this chart, visit:
https://orders.newsfilecorp.com/files/5347/101830_7c37128fd436f93a_001full.jpg
The company’s multi-patented filtration and winterization technology is the secret to the production of high-purity CBD distillates free of waxes, sugars and other undesirable compounds.
A recent CBC Marketplace research report showed that the unregulated CBD market is full of misleading and polluting claims that are harmful to consumers and would not meet regulated market standards.[1].
“We are proud to be the first company to launch a high potency CBD product in Canada. Taking advantage of Nextleaf’s competitive advantage by producing high purity distillates to scale, we can offer the Glacial Gold CBD product line at affordable prices. disruptive, ”said Nextleaf CEO and co-founder Paul Pedersen. “When consumers buy Glacial Gold products, they have the confidence that every milliliter is standardized for a predictable, safe and repeatable result that simply cannot be guaranteed in products available from illicit sources, including unregulated CBD products produced to the United States”.
Based on the initial success of Glacial Gold ™ Distilled CBD 50 Oil through retailers in British Columbia, Nextleaf launches its new Glacial Gold ™ Distilled CBD 100 & Distilled CBD 200 Oils. This expands Glacial Gold’s line of CBD distilled oil to a range of potencies for consumers of low, medium and high doses of CBD. All Glacial Gold CBD Oil products are produced by Nextleaf with sun-grown hemp.
CBD and THC Glacial Gold ™ products are currently being sold throughout British Columbia, with plans to expand nationwide next year.
Glacial Gold ™ products are available to medical cannabis patients across Canada through mendocannabis.ca.
60-Day Review of Glacial Gold ™
Nextleaf launched its brand-era Glacial Gold ™ ban in British Columbia, the company’s home province, in early September. After two months of sales, the brand continues to draw national attention for its quality distillate and affordable prices by consumers, patients and retailers alike. Nextleaf continues to experience an increase in demand in the province of British Columbia, including higher volume purchase orders. Some key milestones and metrics during the months of September and October:
- 7 SKUs of Glacial Gold ™ THC and CBD products were launched in BC, consisting of four 1 gram vape SKUs and three distilled oil SKUs
- The addition of distilled CBD 100 and CBD 200 oils means 9 SKU Glacial Gold ™ listed in BC during the first 60 days of the initial release
- Retail penetration rate over 60% with Glacial Gold ™ in BC
- 1 g best value vape cart in Canada (anytime 1: 1 Vape)
- Top CBD Oil in Canada (CBD 50 Distilled Oil)
- Signed agreement with Quebec-based medical cannabis platform Mendocannabis.ca for the distribution of Glacial Gold ™ to medical cannabis patients across Canada
- Agreement signed with National Cannabis Distribution Inc., a wholly owned subsidiary of Kiaro Holdings Corp., for the distribution of Glacial Gold ™ in Saskatchewan
About Nextleaf®
Nextleaf is a federally regulated cannabis oil producer that owns one of the largest U.S. patent portfolios for cannabinoid extraction and distillation. Nextleaf distributes cannabis vapors and distilled oils under its award-winning Prohibition-era brand, Glacial Gold ™, and supplies cannabis distillate to its wholesale customers. Nextleaf’s automated closed-circuit extraction plant at Metro Vancouver effectively transforms cannabis and hemp grown in BC and across Canada into industrial-scale high-purity cannabis distillates. Nextleaf is developing cannabinoid-based differentiated delivery technology and formulations through its Health Canada research license with sensory evaluation of cannabis using human testing. The company holds 17 US patents and 90 have been issued worldwide.
Nextleaf Solutions is listed as OILS on the Canadian Stock Exchange, OILFF on the US OTCQB Market and L0MA on the Frankfurt Stock Exchange.
Follow the company through social platforms: Twitter, LinkedIn, Facebook and Instagram.
www.nextleafsolutions.com
Follow Glacial Gold ™ on social platforms: Instagram, Twitter and Facebook. www.Glacial.Gold
For more information contact:
Jason McBride, Corporate Development
604-283-2301 (ext. 219)
jason@nextleafsolutions.com
On behalf of the Company’s Board of Directors,
Paul Pedersen, CEO
Some statements contained in this press release constitute “forward-looking statements.” All statements other than statements of historical facts contained in this press release, including, without limitation, those related to the company’s ability to capitalize on its intellectual property portfolio, strategy, plans, objectives, goals and objectives of the company and any statement preceded by, followed by for or including the words “believe”, “expect”, “aim”, “try”, “plan”, “continue”, “ you want ”,“ could ”,“ expect ”,“ anticipate ”,“ love ”,“ forecast ”,“ predict ”,“ project ”,“ seek ”,“ should ”or similar expressions or the negative of these, they are statements of the future. These statements are not historical facts but represent only the Company’s expectations, estimates and projections of 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 anticipated in these forward-looking statements. Additional factors that could cause actual results, performance, or achievements to differ materially include, but are not limited to, risk factors that have been analyzed in the company’s MD&A for the most recent fiscal year. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and warns investors not to unduly rely on forward-looking information. Accordingly, all forward-looking statements made in this press release are qualified by these statements of warning and other warnings or factors included therein, and there can be no assurance that actual results or developments will be made or, even if they are performed substantially. , which will have the expected consequences 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 where applicable. that the law requires. The CSE has not reviewed or approved the content of this press release.
[1]https://www.cbc.ca/news/canada/illegal-cbd-marketplace-1.6217192
To view the source version of this press release, visit https://www.newsfilecorp.com/release/101830
