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 (OILFF) reported fiscal Q3 2026 results for the quarter ended June 30, 2026, showing higher net revenue and a narrower net loss alongside lower excise taxes.
Net revenue was approximately $2.53 million, up 5% sequentially from $2.41 million, while gross revenue declined to about $3.16 million from $3.34 million. Gross profit was roughly $887,000 versus $915,000 in Q2, with gross margin compressing to 35.1% from 38.0%. Excise taxes fell 32% quarter-over-quarter to about $630,000, contributing to a reduced net loss of approximately $502,000, down 22% from $646,000.
For the nine months ended June 30, 2026, gross revenue totaled about $10.49 million and net revenue about $7.95 million, with Adjusted EBITDA of approximately $(179,690). Subsequent to quarter-end, flagship brand Glacial Gold held nearly 20% national capsule market share, 63% capsule share in British Columbia, and about 13% national share in ingestible extracts, with products in more than 1,700 retail stores across six provinces.
Management’s FY2026 outlook highlights portfolio expansion, including a national launch of Yard Cannabis pre-rolls and first-to-market THC-V softgels under Glacial Gold, alongside expanded national trade marketing and continued brand evolution efforts. As part of its compensation and retention strategy, the company plans to issue 285,714 common shares at $0.035 per share, valued at $10,000, to directors, subject to a four-month hold period.
Nextleaf Solutions (OTCQB: OILFF) announced a major evolution of its flagship cannabis wellness brand, Glacial Gold, repositioning it as a trusted, non-combustible, everyday wellness option. The refreshed platform emphasizes portfolio refinement toward high-potency oils, softgels and vapes, balanced formulations with minor cannabinoids, revamped packaging and merchandising, and an upgraded educational website.
According to Nextleaf, Glacial Gold now focuses on all-natural, clean-ingredient products aligned with wellness need-states such as sleep, pain management, recovery and mood. The brand builds on strong market momentum, including leading capsule (softgel) rankings, expanding national share in ingestible extracts, broad retail distribution across Canada, and a 38.0% gross margin in Q2 FY2026 despite industry-wide price compression.
Nextleaf Solutions (OTCQB:OILFF) reported Q2 FY2026 gross revenue of $3,338,310 and gross profit of $914,536 on net revenue of $2,406,388, for a 38% gross margin.
The company posted a net loss of $646,277, recorded first export revenue of $322,358, and grew bulk distillate sales 23.6% year-over-year.
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.