STOCK TITAN

Nextleaf Provides a Strategic Update on Commercial Partners Program

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Positive)
Tags

Nextleaf Solutions (CSE: OILS) (OTCQB: OILFF) has provided a strategic update on their Commercial Partners Program™. The program focuses on mutually beneficial agreements, strategic alignment, and leveraging core capabilities. Nextleaf offers services including rapid innovation, contract manufacturing, white labeling, toll-processing, and bulk ingredient sales.

A key highlight is the partnership with Miracle Valley, a licensed producer from Mission, BC. Nextleaf will launch Miracle Valley's Crafty Cuts Pre-roll Sampler and Premium Craft Flower in the Ontario retail market, marking Miracle Valley's re-entry into the Canadian recreational market after focusing on exports since late 2022.

The company views the competitive landscape as a collaborative race, aiming for mutual success within the industry. Nextleaf has also identified opportunities to optimize operations by transitioning select activities to offsite partners.

Nextleaf Solutions (CSE: OILS) (OTCQB: OILFF) ha fornito un aggiornamento strategico sul loro Programma Partner Commerciali™. Il programma si concentra su accordi reciprocamente vantaggiosi, allineamento strategico e sfruttamento delle capacità core. Nextleaf offre servizi che includono innovazione rapida, produzione su contratto, etichettatura bianca, lavorazione a pagamento e vendite di ingredienti in grandi quantità.

Un punto saliente è la partnership con Miracle Valley, un produttore autorizzato di Mission, BC. Nextleaf lancerà il Campione di Pre-roll Crafty Cuts e il Fiore Craft Premium di Miracle Valley nel mercato al dettaglio dell'Ontario, segnando il ritorno di Miracle Valley nel mercato ricreativo canadese dopo aver concentrato l'attenzione sulle esportazioni dalla fine del 2022.

L'azienda considera il panorama competitivo come una corsa collaborativa, puntando al successo reciproco all'interno dell'industria. Nextleaf ha anche identificato opportunità per ottimizzare le operazioni trasferendo alcune attività a partner esterni.

Nextleaf Solutions (CSE: OILS) (OTCQB: OILFF) ha proporcionado una actualización estratégica sobre su Programa de Socios Comerciales™. El programa se enfoca en acuerdos mutuamente beneficiosos, alineación estratégica y aprovechamiento de capacidades clave. Nextleaf ofrece servicios que incluyen innovación rápida, fabricación por contrato, etiquetado en blanco, procesamiento a terceros y ventas de ingredientes a granel.

Un aspecto clave es la asociación con Miracle Valley, un productor licenciado de Mission, BC. Nextleaf lanzará el Muestreador de Pre-roll Crafty Cuts y la Flor Craft Premium de Miracle Valley en el mercado minorista de Ontario, marcando la reentrada de Miracle Valley en el mercado recreativo canadiense después de centrarse en las exportaciones desde finales de 2022.

La empresa considera el panorama competitivo como una carrera colaborativa, apuntando al éxito mutuo dentro de la industria. Nextleaf también ha identificado oportunidades para optimizar operaciones al trasladar ciertas actividades a socios externos.

넥스트리프 솔루션즈(상장 코드: OILS) (OTCQB: OILFF)는 상업 파트너 프로그램™에 대한 전략적 업데이트를 제공했습니다. 이 프로그램은 상호 유익한 계약, 전략적 정렬핵심 역량 활용에 중점을 둡니다. 넥스트리프는 빠른 혁신, 계약 제조, 화이트 라벨링, 위탁 가공 및 대량 재료 판매를 포함한 서비스를 제공합니다.

주요 하이라이트는 미라클밸리와의 파트너십입니다. 미라클밸리는 BC주 미션에 위치한 라이선스를 보유한 생산업체입니다. 넥스트리프는 온타리오 소매 시장에 미라클밸리의 크래프티 컷 프리롤 샘플러와 프리미엄 크래프트 플라워를 출시할 예정이며, 이는 미라클밸리가 2022년 말 이후로 수출에 집중한 후 캐나다 레크리에이션 시장에 재진입하는 것입니다.

회사는 경쟁 환경을 협력적인 경쟁으로 간주하며 산업 내에서 상호 성공을 목표로 하고 있습니다. 넥스트리프는 특정 활동을 외부 파트너에게 전환함으로써 운영 최적화 기회를 식별했습니다.

Nextleaf Solutions (CSE: OILS) (OTCQB: OILFF) a fourni une mise à jour stratégique sur son Programme de Partenaires Commerciaux™. Le programme se concentre sur des accords mutuellement bénéfiques, l'alignement stratégique, et l'exploitation des capacités clés. Nextleaf propose des services incluant l'innovation rapide, la fabrication sous contrat, le rebranding, le traitement à façon, et la vente d'ingrédients en vrac.

Un point important est le partenariat avec Miracle Valley, un producteur agréé de Mission, BC. Nextleaf lancera le Crafty Cuts Pre-roll Sampler et la Premium Craft Flower de Miracle Valley sur le marché de détail de l'Ontario, marquant ainsi le retour de Miracle Valley sur le marché récréatif canadien après avoir concentré ses efforts sur les exportations depuis fin 2022.

L'entreprise considère le paysage concurrentiel comme une course collaborative, visant le succès mutuel au sein de l'industrie. Nextleaf a également identifié des opportunités d'optimisation des opérations en déléguant certaines activités à des partenaires externes.

Nextleaf Solutions (CSE: OILS) (OTCQB: OILFF) hat ein strategisches Update zu ihrem Commercial Partners Program™ bereitgestellt. Das Programm konzentriert sich auf gegenseitig vorteilhafte Vereinbarungen, strategische Ausrichtung und den Einsatz der Kernkompetenzen. Nextleaf bietet Dienstleistungen an, die schnelle Innovation, Vertragsfertigung, Weißetiquettierung, Lohnverarbeitung und den Verkauf von Großzutaten umfassen.

Ein wichtiger Höhepunkt ist die Partnerschaft mit Miracle Valley, einem lizenzierten Produzenten aus Mission, BC. Nextleaf wird das Crafty Cuts Pre-roll Sampler und die Premium Craft Flower von Miracle Valley im Einzelhandel in Ontario launchen, was die Rückkehr von Miracle Valley in den kanadischen Freizeitmarkt markiert, nachdem sich das Unternehmen seit Ende 2022 auf Exporte konzentriert hat.

Das Unternehmen betrachtet die Wettbewerbslandschaft als ein kollaboratives Rennen, das auf gegenseitigen Erfolg innerhalb der Branche abzielt. Nextleaf hat auch Gelegenheiten zur Optimierung der Abläufe identifiziert, indem ausgewählte Aktivitäten an externe Partner verlagert werden.

Positive
  • Launch of Miracle Valley's products in Ontario retail market under Nextleaf's license
  • Expansion of Commercial Partners Program with improved supply chain stability
  • Enhanced production and manufacturing capacity through sustained internal investment
  • Diversification of services offered, including rapid innovation and contract manufacturing
Negative
  • None.

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 President of Commercialization.

Nextleaf's Commercial Partners ProgramTM is built on a foundation of:

  • Mutually beneficial agreements: Ensuring enhanced stability of each partner and the sustained health of the industry.
  • Strategic alignment in vision or values: Building authentic and trustworthy relationships.
  • Leveraging core capabilities: Complimenting each other's strengths, offering a distinct alternative to vertical integration.

Services offered by Nextleaf within the Commercial Partners ProgramTM include:

  • Rapid innovation and speed-to-market advantages under their Health Canada Processing and Sales License.
  • Contract manufacturing and white labeling.
  • Toll-processing.
  • Bulk ingredient sales.

"We view the competitive landscape more like a race than a battle. We're all working towards the same finish line, traversing the same terrain. We all can be successful relative to our abilities. This mindset reflects the competitive yet collaborative spirit that is the vision for our Commercial Partners Program," shared Emma Andrews, Interim CEO.

Nextleaf's Commercial Partners Program in Action:

Cannot view this image? Visit: https://images.newsfilecorp.com/files/5347/220783_34d3b77a8475d8ef_001.jpg

Miracle Valley's re-entry into the Canadian market through a commercial partnership with Nextleaf

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5347/220783_34d3b77a8475d8ef_001full.jpg

Miracle Valley, a licensed producer based in Mission, BC, has emerged as a flagship client, strengthening its partnership with Nextleaf through years of consistent collaboration.

In August, Nextleaf will launch Miracle Valley's Crafty Cuts Pre-roll Sampler and Premium Craft Flower into the Ontario retail market under their processing and sales license. Renowned globally as a top-tier exporter for international medical markets, this will be Miracle Valley's re-entry into the Canadian recreational market after focusing exclusively on exports since the end of 2022. Miracle Valley also supplies their craft flower, for use in Glacial Gold Infused Pre-rolls, available across Canada.

"We've been focused on a wide variety of unique, high-potency strains, grown at our facility in beautiful Mission, British Columbia. These limited, seasonal strains showcase our expertise in action. Working with Nextleaf to execute on our strategy has allowed us to benefit from their speed-to-market, and build on a long-standing mutually beneficial relationship," shared Scott Mayer, CEO of Miracle Valley.

As Nextleaf has scaled-up production, they have identified select activities that could transition to an offsite partner without compromising quality or compliance, allowing them to focus on core capabilities and improved space utilization.

About Nextleaf Solutions Ltd.

Nextleaf® is an innovative cannabis processor and life science firm with a portfolio of federally regulated emerging consumer brands, market validated cannabis derivative products, and high-potency bulk ingredients. Nextleaf's multi-patented, highly automated, closed loop extraction and distillation technology sets the global standard for processing cannabis at scale.

With coast-to-coast distribution, Nextleaf brands are sold through both medical and recreational channels and includes acclaimed legacy-era brand Glacial Gold, and High Plains Cannabis.

The Company has been issued 19 U.S. patents, and 75+ patents globally, on cannabinoid processing including extraction, distillation, and acetylation.

On behalf of the Board of Directors of the Company,
Emma Andrews, Interim CEO

Nextleaf trades as OILS on the Canadian Securities Exchange, OILFF on the OTCQB Market in the United States, and L0MA on the Frankfurt Stock Exchange.

About Miracle Valley

Incorporated in 2016, Miracle Valley Medicinal Alternatives (M.V.M.A) Inc., is a Canadian-based company. Phase 1 of Miracle Valley's state-of-the-art facility was completed and operational in early 2019.

Located on 25 acres of land in Mission, BC, Miracle Valley is a premier licensed producer known for cultivating high-quality, premium craft flower. With a commitment to excellence, Miracle Valley's expertise in growing unique, high-potency strains has earned them a distinguished reputation both in Canada and on the international stage. As a trusted supplier for global medical markets, Miracle Valley continues to expand its reach, now re-entering the Canadian recreational market with the same dedication to quality and innovation that defines their brand.

Contact: info@miraclevalley.ca
Learn More: https://miraclevalley.ca/

Disclaimers and Disclosure Statements:

Certain statements contained in this press release constitute "forward-looking statements" within the meaning of applicable securities laws. All statements other than statements of historical fact contained in this press release, including, without limitation, statements regarding the Company's anticipated delivery of its products to provincial markets across Canada and those regarding 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 Canadian Securities Exchange has not reviewed or approved the contents of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/220783

FAQ

What is Nextleaf Solutions' stock symbol on the OTCQB?

Nextleaf Solutions' stock symbol on the OTCQB is OILFF.

What new products is Nextleaf launching for Miracle Valley in August 2024?

In August 2024, Nextleaf is launching Miracle Valley's Crafty Cuts Pre-roll Sampler and Premium Craft Flower into the Ontario retail market.

What services does Nextleaf offer through its Commercial Partners Program?

Nextleaf's Commercial Partners Program offers services including rapid innovation, contract manufacturing, white labeling, toll-processing, and bulk ingredient sales.

When did Miracle Valley stop focusing on the Canadian recreational market?

Miracle Valley focused exclusively on exports since the end of 2022, before re-entering the Canadian recreational market through the partnership with Nextleaf.

NEXTLEAF SOLUTIONS LTD

OTC:OILFF

OILFF Rankings

OILFF Latest News

OILFF Stock Data

11.34M
151.47M
5.16%
Drug Manufacturers - Specialty & Generic
Healthcare
Link
United States of America
Vancouver