What Changed
Price Move History
- Daily moves over 5%
- 95 243 sessions, October 23, 2025 to October 23, 2026
- Largest daily move
- +22.7% close of December 12, 2025
- 1-year change
- -60.4% closing prices, October 23, 2025 to October 23, 2026
- 1-month change
- -23.3% closing prices, September 23, 2026 to October 23, 2026
Company Description
Nextleaf Solutions Ltd. (OILFF) is a life science company and licensed cannabis processor focused on cannabis derivatives and extract-based products. Operating through its processing arm Nextleaf Labs, the company develops and manufactures cannabis derivative products, high-potency bulk ingredients, and federally regulated consumer brands for both medical and adult-use markets. Nextleaf trades as OILS on the Canadian Securities Exchange, OILFF on the OTCQB Market in the United States, and L0MA on the Frankfurt Stock Exchange.
According to company disclosures, Nextleaf has built its business around multi-patented, highly automated, closed loop extraction and distillation technology designed for processing cannabis at scale. The company states that it has been issued 19 U.S. patents and more than 75 patents globally related to cannabinoid processing, including extraction, distillation, and acetylation. This intellectual property underpins both its branded consumer products and its role as an ingredient supplier and toll processor for commercial partners.
Business model and operations
Nextleaf describes itself as an innovation-driven life science company with a portfolio that includes emerging consumer brands, market-validated cannabis derivative products, and high-potency bulk ingredients. The company emphasizes standardized, consistent, dose-controlled extracts with high potency and purity. Through Nextleaf Labs, it engages in extraction, distillation, formulation, and manufacturing for its own brands and for bulk ingredient supply to other licensed producers and commercial partners.
The company highlights activities such as toll-processing for commercial partners, bulk-ingredient sales, contract manufacturing, white labeling, and a Commercial Partners Program. These activities are supported by its extraction facility in Coquitlam, British Columbia, and a second site, Nextleaf Distribution, which the company indicates is intended to support expanded consumer-packaged goods activities, subject to licensing.
Brands and product focus
Nextleaf’s consumer portfolio centers on federally regulated cannabis derivative products rather than dried flower. The company repeatedly points to its focus on non-combustible, ingestible extracts and convenience-based formats. Key product types mentioned in company communications include:
- Softgels, including full-spectrum and ratio-based formulations
- Bottled cannabis oils and oil drops
- Vape cartridges and all-in-one (AIO) vapes
- Infused prerolls
The company’s flagship brand, Glacial Gold, is described as an acclaimed or legacy-era brand that leads multiple categories nationally, including cannabis softgels, vapes, and oils. Nextleaf reports that Glacial Gold has held top rankings for softgel sales in provinces such as British Columbia and Alberta, and has been among the top brands in Ontario based on third-party retail data. The brand is positioned toward wellness-forward, non-combustible formats and value-seeking, health-conscious consumers, with an emphasis on clean ingredients, consistent dosing, and transparency in manufacturing.
Nextleaf also references additional brands, including High Plains Cannabis and a newer recreational brand called Yard. Yard is described as a recreational brand for adult-use consumers seeking bold, flavour-forward cannabis experiences through high-potency extracts, premium hardware, and retro-classic flavour profiles. Under Yard, the company has announced THC-dominant vapes in multiple formats and infused prerolls, supported by next-generation post-less vape hardware and ceramic heating elements selected through product testing.
Product innovation and formulations
Company materials highlight a product pipeline focused on smokeless ingestible extracts and ready-to-consume convenience formats such as all-in-one vapes and infused prerolls. Nextleaf emphasizes high potency and high purity extracts, as well as formulations featuring minor cannabinoids like CBG and CBN in addition to THC and CBD. Examples referenced include ratio-based softgels and oils (such as CBN:CBD, CBG:THC, and balanced THC:CBD offerings), full-spectrum formats (including RSO softgels), and 200-count softgel packs under Glacial Gold, which the company describes as a first for Canadian cannabis retail.
Nextleaf positions its multi-patented extraction process as enabling precise formulation and tailored solutions for specific market gaps. It notes that many of its new listings and portfolio expansions involve minor cannabinoid formulations and balanced products, reflecting demand for more nuanced cannabis experiences and diverse product selections in regulated markets.
Distribution and market reach
The company reports coast-to-coast distribution in Canada, with branded products and ingredients sold through both medical and recreational channels. It has announced product listings and distribution in multiple provinces, including British Columbia, Alberta, Ontario, Saskatchewan, Manitoba, and Quebec. In Quebec, Nextleaf has partnered with Quebec Craft Cannabis for distribution and representation, and has introduced a high-potency balanced THC:CBD oil under Glacial Gold.
Nextleaf notes that it has expanded points of distribution through regionally tailored retail support, trade marketing initiatives, and partnerships with distributors in prairie provinces. The company highlights its relationships with provincial distribution boards and its track record of securing and maintaining listings in emerging segments such as minor cannabinoids, high-potency inputs, and smoke-less convenience-based formats.
Facilities, technology, and digital initiatives
Operations are centered on Nextleaf Labs, described as a globally recognized innovative processing facility. Activities at this site include extraction, distillation, formulation, and manufacturing for house-branded vapes, oils, and softgels, as well as bulk ingredient supply. The company has also launched Nextleaf Distribution, a separate facility intended to support expanded consumer-packaged goods activities, for which a Micro-Processing License Application has been submitted to Health Canada.
Nextleaf has invested in digital tools to support operational efficiency and transparency. It has implemented ERP software for inventory and accounting integration and an EQMS system for quality assurance. The company also launched a virtual facility tour of its Coquitlam processing site, featuring 360-degree video of primary extraction, distillation, manufacturing, and vault areas, along with embedded educational content. This initiative was supported by a grant from the Canadian Digital Adoption Program and is presented as part of the company’s focus on transparency and stakeholder education.
Commercial partners and B2B activities
Beyond its own brands, Nextleaf positions itself as a trusted licensed processor supplying high-quality ingredients to leading national brands through toll-processing and bulk-ingredient sales. The company’s Commercial Partners Program encompasses ingredient supply, white labeling, contract manufacturing, and toll processing for new and recurring clients. It has indicated that it uses its multi-patented, highly automated, closed-loop extraction system to support these activities and has expressed interest in ingredient export opportunities through commercial partners in federally regulated jurisdictions.
Financial and strategic themes
Company news releases describe a strategy focused on portfolio optimization, speed-to-market innovation, and fiscal discipline. Nextleaf has highlighted initiatives such as SKU rationalization, strategic pricing, and brand innovation to navigate competitive categories like high-THC vapes and infused prerolls, while concentrating on wellness-forward formats where it reports national leadership. It has also emphasized investments into inventory, manufacturing capacity, and trade marketing to support commercialization and territory expansion.
Nextleaf frequently references its emphasis on constraints-based innovation, capacity utilization, and resourcefulness, as well as its efforts to build a sustainable business within the regulatory framework. The company communicates with investors and industry stakeholders through webinars, events, and public disclosures, and has hosted sessions focused on cannabis industry trends, extract-based categories, and its vision for growth.
Regulatory and listing status
Nextleaf Solutions Ltd. identifies itself as a publicly traded company with listings on the Canadian Securities Exchange (OILS), the OTCQB Market in the United States (OILFF), and the Frankfurt Stock Exchange (L0MA. The company describes itself as a licensed cannabis processor operating within Canada’s federally regulated cannabis framework. No information in the provided materials indicates a delisting, deregistration, or cessation of operations.
Stock Performance
NEXTLEAF SOLUTIONS (OILFF) closed at $0.0178 on October 23, 2026. Over the past 12 months, the price has lost 60.4%.
OILFF Metrics & Rankings
Price returns through October 23, 2026. Month-to-date and YTD include the first trading day. Ranking links may use different dates.
Latest News
NEXTLEAF SOLUTIONS has 10 recent news articles. Of the recent coverage, 8 articles coincided with positive price movement and 1 with negative movement. Key topics include management, earnings. View all OILFF news →
SEC Filings
Short Interest History
Short interest in NEXTLEAF SOLUTIONS (OILFF) currently stands at 8.3 thousand shares, down 69.4% from the previous reporting period, representing 0.0% of the float. Since October 2025, short interest has decreased by 87.6%.
Days to Cover History
Days to cover for NEXTLEAF SOLUTIONS (OILFF) currently stands at 1.0 days. The ratio is the reported short interest divided by the average daily trading volume. Across the settlements charted above, it has ranged from 1.0 to 18.6 days.
OILFF Company Profile & Sector Positioning
NEXTLEAF SOLUTIONS (OILFF) operates in the Drug Manufacturers - Specialty & Generic industry within the broader Healthcare sector and is listed on the OTC.
Investors comparing OILFF often look at related companies in the same sector, including FULL ALLIANCE GROUP INC (FAGI), RAFARMA PHARMA (WY) (RAFA), MEDICURE INC (MCUJF), CHRISTINA LAKE CANNABIS (CLCFF), and ONE WORLD PRODUCTS INC (OWPC). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate OILFF's relative position within its industry.