Nextleaf Solutions Ltd.
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in mil. unless spec.Company Description
- CEO
- Sam Kassem
- Full Time Employees
- 26
- Sector
- Process industries
- Industry
- Agricultural commodities/Milling
- Address
- 3 - 68 Schooner Coquitlam BC Canada V3K 7B1
- IPO Date
- Sep 18, 2017
- Website
- nextleafsolutions.com
- Similar Companies
- Business
- Nextleaf Solutions Ltd. (CSE:OILS) is a Canadian cannabis extraction technology company that develops and commercializes proprietary processing methods for cannabinoids, including closed-loop automated extraction, distillation, and purification of THC and CBD ingredients; it manufactures and distributes branded consumer products such as Glacial Gold vape pens, oils, softgels, pre-rolls, and specialty extracts, alongside bulk distillate, refined oils, and toll-processing services for commercial partners through its Health Canada-licensed facility in Vancouver. The company operates primarily in the Canadian recreational and medical cannabis markets, supplying wholesale partners, white-label clients, and retail channels across provinces including British Columbia, Ontario, and Alberta; it holds over 70 U.S. and global patents on cannabinoid processing technologies and maintains a research license for product development and human trials. Founded in 2015 and headquartered at 68 Water Street, Suite 304, Vancouver, British Columbia, Nextleaf Solutions focuses on transforming biomass into high-purity ingredients at industrial scale via its Phase 1 extraction plant, which processes 600kg of biomass daily. In 2024, the company expanded its Commercial Partners Program with a key alliance to launch Miracle Valley's Crafty Cuts Pre-roll Sampler and Premium Craft Flower in Ontario retail under its license, enhancing supply chain stability and production capacity; it also pursued operational optimization by transitioning select activities to offsite partners and prioritizing toll-processing over bulk sales in early 2025. Fiscal 2024 results reflected revenue growth from broadened distribution in core provinces, with Q1 2025 sustaining gross revenue near $3.85 million amid strategic shifts toward partner-driven innovation and contract manufacturing.
Company News
Nextleaf Announces Leadership Transition and Strategic Review; Sam Kassem Appointed Interim CEO
Nextleaf Solutions Reports Fiscal Q3 2026 Financial Results
Nextleaf Evolves Glacial Gold, Building Trust with Wellness Consumers
Nextleaf Solutions Reports Fiscal Q2 2026 Results
Nextleaf Reports AGM Results and Expands Industry Leadership Through CCBC
Nextleaf Advances Capex-Light Model with New Micro-Processing Site Licence, Supporting Revenue Growth and Margin Expansion
Nextleaf Solutions Reports Profitable Q1 FY26 with Revenue Growth and Positive Operating Cash Flow
Nextleaf Solutions Scales up CPG Brand Growth with an Enhanced National Commercial Platform
Nextleaf Solutions Completes Initial Softgel Shipment to Australia and Announces Global Expansion of Commercial Partners Program(TM)
Nextleaf Reports Fiscal Year 2025 Financial Performance
Nextleaf Announces Launch of New Recreational Cannabis Brand
Nextleaf Provides Strategic Update: Canada's First 200-Pack Cannabis Softgels, and Opening of Distribution Facility
Nextleaf Reports Third Quarter FY25 Results Including Fourth Consecutive Profitable Quarter
Nextleaf Reports Profitable Second Quarter FY25 Results Including Increased Revenue Growth and Positive Net Income Improvement
Nextleaf Shares Commercial Update Featuring Market Expansion Through Entry into Province of Quebec
Nextleaf Reports First Quarter Results for Fiscal Year 2025 Including Increased Gross Profit, and Significant Net Income Improvement
Nextleaf Reports Fiscal Year 2024 Financial Performance, Achieves Record Growth from Branded Product Sales, and Maintains Debt-Free Status
Nextleaf to Host Live Webinar, Featuring Canadian Cannabis Industry Trends and Insights
Nextleaf Shares a Commercial Update Including 14 New Product Listings, and Announces Date for Annual General Meeting
Nextleaf Launches Industry-Leading Virtual Facility Tour and Receives Canadian Digital Adoption Grant