Welcome to our dedicated page for Nextleaf Solutions news (Ticker: OILFF), a resource for investors and traders seeking the latest updates and insights on Nextleaf Solutions stock.
Nextleaf Solutions Ltd. reports developments in its business as a Canadian federally licensed cannabis processor and life science company focused on cannabinoid ingredients and branded derivative products. The company uses patented extraction and distillation technology, standardized formulations, and quality systems to produce high-purity cannabinoid inputs and consumer products for medical and adult-use channels.
Recurring updates cover financial performance, capacity and licensing at Nextleaf Labs and Nextleaf Distribution, national sales and distribution for brands such as Glacial Gold, Yard, and High Plains cannabis, and commercial partner activity tied to export-ready softgels and formulated products. News also includes annual meeting results, board and equity compensation matters, participation in cannabis-sector advocacy through CCBC, and operational themes such as ERP integration, supply-chain optimization, biomass processing, and capital-efficient expansion.
Nextleaf Solutions (OTCQB: OILFF, CSE: OILS) reported results of its April 30, 2026 annual general meeting and announced industry engagement updates.
Shareholders re-elected four directors and re-appointed Davidson & Company LLP as auditor. Nextleaf joined the Cannabis Cultivators of British Columbia and CEO Emma Andrews joined the CCBC board.
Nextleaf Solutions (OTCQB: OILFF) announced Health Canada has granted a Micro-Processing Licence for a second site, Nextleaf Distribution, a 2,500 sq. ft. facility near its primary Coquitlam processing site.
The licence supports the company’s capex-light expansion, enabling packaging, distribution and select manufacturing to scale capacity, improve unit economics and pursue margin expansion. The company will issue 166,667 common shares at $0.06 for $10,000 as part of employee compensation.
Nextleaf Solutions (OTCQB: OILFF) reported Q1 FY26 results for the quarter ended December 31, 2025, with gross revenue CAD $3,994,369, net revenue CAD $3,020,519, and gross profit CAD $1,288,197. The company posted net income CAD $259,171, adjusted EBITDA CAD $349,961, and positive operating cash flow CAD $348,609.
Quarter-end cash was CAD $680,277, the firm reports continued profitability, improved working capital, no secured debt, and a national brand launch (Yard Cannabis) in November 2025.
Nextleaf Solutions (OTCQB: OILFF) announced a national commercial expansion to scale its Canadian CPG cannabis business, naming Kindred Canada as national sales agency and adding distribution partners in Manitoba and Saskatchewan.
The company transitioned to centralized national sales between November 2025 and January 2026 and will issue 955,556 common shares at $0.05 for $47,778 as employee compensation.
Nextleaf Solutions (OTCQB: OILFF) completed an initial commercial export of 756,000 cannabis softgels to a white-label client in Australia and expanded its Commercial Partners Program™ to support global market growth.
The company highlighted its patented extraction technology, export-ready infrastructure, and validated quality systems to address rising demand for derivative medical cannabis products in export markets.
Nextleaf Solutions (OTCQB: OILFF) reported FY2025 results for the twelve months ended Sept 30, 2025, showing progress toward profitability. Key metrics: Gross revenue $14,955,459, Net revenue $11,264,354, Gross profit $3,793,401, and Adjusted EBITDA $522,258.
Annual net loss narrowed 88.6% to $162,944, operating expenses fell 21% y/y, and operating cash flow was positive $208,805. Management cites portfolio mix shift and supply-chain efficiency driving margin expansion.
Nextleaf Solutions (OTCQB: OILFF) announced the national launch of a new recreational cannabis brand, Yard, targeting THC-forward adult-use consumers with high-potency extracts, premium hardware, and flavour-forward formulations.
The debut line-up includes 5 products (AIO vapes, vape carts and infused prerolls) produced with in-house extracts and next-generation post-less vape hardware; provincial rollouts begin November 2025 in British Columbia, Alberta, Saskatchewan and Manitoba, with one Ontario listing noted as January 2025.
Nextleaf also issued 32,500 common shares at $0.055 to employees as equity compensation.
Nextleaf Solutions (OTCQB: OILFF) announced two significant developments: the launch of Canada's first 200-pack cannabis softgels under its Glacial Gold brand and the opening of a new distribution facility. The company is introducing 4 SKUs by end of 2025, including RSO Full-Spectrum 5:5, CBD 50, CBN:CBD 10:10, and CBG:THC 5:5 formats.
The company has begun operations at its new 2,500 square foot Nextleaf Distribution facility in Coquitlam, B.C., located near its licensed processing site. A Micro-Processing License Application has been submitted to Health Canada for this facility. Additionally, the company disclosed a lawsuit filed by former CEO Paul Pedersen regarding wrongful termination, which Nextleaf intends to defend.
Nextleaf Solutions (OTCQB: OILFF) reported strong Q3 FY2025 financial results, marking its fourth consecutive profitable quarter. The company achieved gross revenue of $3.77M, net revenue of $2.91M, and gross profit of $1.11M, representing a 25% increase year-over-year.
Key highlights include YTD net income of $867,352, up 172% from previous year's loss, and positive EBITDA of $1.11M YTD. The company maintains a strong balance sheet with $9.0M in assets and improved working capital of $5.6M, while reducing its debt-to-equity ratio to 0.61.
During Q3, Nextleaf launched 11 new products under its Glacial Gold brand and announced strategic Q4 initiatives including Canada's first 200-count softgel format and new vape hardware technology investments.