Nextleaf Solutions Ltd (CSE:OILS, OTCQB:OILFF) has announced the launch of new Glacial Gold-branded CBD and THC vapes and distilled oil products that will soon be available in more Canadian provinces.
The company said the British Columbia Liquor and Distribution Branch (LDB) has approved three new vape stock-keeping units (SKUs), including two new flavours: Sunshine Punch and Sparkling Grape.
It anticipates the products will launch in British Columbia (BC) first, followed shortly by Saskatchewan, and nationally for medical cannabis patients through Mendocannabis.ca.
READ: Nextleaf Solutions launches highest potency CBD oil in Canada
Nextleaf also said it received an initial purchase order for Glacial Gold Distilled CBD 100 Oil and Distilled CBD 200 Oil, and expects both products to be available in December for BC and Saskatchewan, as well as nationally for medical cannabis patients through Mendocannabis.ca.
The company noted that since the initial launch of seven SKUs in September 2021, Glacial Gold has generated more than C$1 million in wholesale gross sales to the province of BC.
As well, Nextleaf said it has received approval to sell its Glacial Gold products in Nova Scotia, with an expected launch date of January 2022.
In addition, the company expects its Glacial Gold products to be available in Saskatchewan before the holidays.
And Nextleaf also announced 5 Points Cannabis as its new wholesale partner in Quebec. The company supplies 5 Points Cannabis with CBD for formulation into their new hash products.
A federally regulated producer of cannabis oil, Nextleaf Solutions owns one of the largest portfolios of US patents for the extraction and distillation of cannabinoids. The company distributes cannabis vapes and distilled oils under its award-winning prohibition-era brand, Glacial Gold, and supplies cannabis distillate to its wholesale customers.
Contact Sean at sean@proactiveinvestors.com