Nextleaf becomes first publicly traded company with U.S. patent for cannabinoid extraction, purification

Nextleaf Solutions commenced trading on the CSE this morning (March 21), becoming the first publicly traded company to receive an issued U.S. patent for the extraction & purification of cannabinoids.

The company has today officially commenced trading under the ticker symbol “OILS”.

“I firmly believe Nextleaf’s intellectual property portfolio for improving the purity and yield of cannabinoids obtained through the extraction and purification of cannabis biomass will be extremely impactful with the global legalization of cannabis and rapidly growing demand for oils and derivative products in medical and adult-use markets” said CEO Paul Pedersen.

Nextleaf Solutions is an extraction technology company that has developed a portfolio of issued and pending patents pertaining to the company’s unique, industrial-scale process of producing purified cannabinoid distillate, a tasteless, odourless cannabis concentrate best suited for infusing premium value-added products.

Nextleaf plans to commercialize its intellectual property portfolio by providing B2B processing services to licensed cultivators and supplying cannabis oil and extracts to qualified Canadian and international partners under the client’s own brands.

Nextleaf has completed construction of its dedicated extraction and processing facility in Vancouver, British Columbia, in time for Canada’s legalization of edibles and other cannabis derivative products. The company’s processing facility includes research and laboratory infrastructure, “allowing for the continued development of novel, scalable cannabis processing technology and intellectual property. “

For more information about Nextleaf Solutions visit  www.nextleafsolutions.com.

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