Distributing in four provinces, through authorized retailers and government distributors, and nationally through medical sales partners, is what we have done.
Nextleaf established itself as one of the top producers of cannabis vapes and oils with the success of Glacial Gold branded products. Nextleaf CEO Paul Pedersen stated that the business moved from ingredient supplier to the manufacturing and distribution of consumer products in the year 2022. Nextleaf has a clear path to profitability with its right-sized operating overhead and steadily growing revenue base. The maturity date of the senior secured note was extended by the company to June 1, 2023, as per the terms of the senior secured note issued to an institutional investor on March 31, 2021.
At the time of writing Tuesday morning, the nextleaf shares were trading 31.07% higher at $0.0393 per share.
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