Nextleaf Solutions Ltd (CSE:OILS, OTCQB:OILFF) said it has delivered on its initial purchase order from the British Columbia Liquor and Distribution Branch for its Glacial Gold THC 10mg Softgels.
The company said the first Glacial Gold THC 10mg Softgels to launch is a 50-pack large format size and is now available for BC retailers to order.
Nextleaf will be introducing a 10-pack trial size of Glacial Gold THC 10mg Softgels in the coming weeks to address the market for edible cannabis products with more THC per package.
READ: Nextleaf launches new High Plains brand to bring high flavour profiles to the vape market
The company said it is positioning its 10-pack trial size of Glacial Gold THC 10mg Softgels to disrupt the edible market by providing savings of over 75% (price per milligram) for adult consumers when compared to the value edible category.
Glacial Gold softgels provide unparalleled value in quality and price per milligram compared to edible products sold in Canada, according to Nextleaf.
The company said its Glacial Gold softgels are made with high-purity cannabis distillate in a base of organic coconut MCT oil expertly encapsulated for a premium consumption experience, without premium pricing.
Nextleaf awarded 19th US patent
Further, the company announced that it has been issued its 19th patent from the United States Patent and Trademark Office, with the company owning one of the largest collections of US patents among all cannabis companies.
The latest patent describes a second proprietary method in which spent cannabis and hemp biomass is heated in stages to reclaim residual cannabinoids while simultaneously generating carbon with a desired porosity level.
When utilized, Nextleaf said this patented process allows it to maximize its cannabinoid yield, reduce waste destined for landfills, and further protect a potential future business vertical at minimal cost.
Nextleaf director of intellectual property Taran Grey commented: "Following on Nextleaf's patent licensing deal with Hempcrete Natural Building Ltd, this improved method for inexpensively harvesting cannabinoids from waste biomass, while producing activated charcoal for B2B sales, demonstrates our commitment to maximizing value and minimizing the environmental impact of our industry.”
Nextleaf is a federally regulated manufacturer and distributor of cannabis vapes and oils under its award-winning prohibition-era brand, Glacial Gold.
Contact the author at emily.jarvie@proactiveinvestors.com
Follow her on Twitter @emilyjjarvie