Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) - a manufacturer and distributor of federally regulated cannabis extracts - has announced that it has delivered custom-made electronic vape pods to NOYA Cannabis Inc. for the launch of their Cookies "C" brand vapes in Canada.
Nextleaf is set to introduce its "C" brand e-cigarette pods with four unique flavours, created with Nextleaf's patented processing technology to produce highly refined distillate. The "C" brand e-cigarette pods will be launched first in Ontario, Canada's largest adult-use cannabis market, this fall.
The NOYA team has demonstrated a keen eye for identifying strong brands and has done an excellent job of promoting high-quality flower products in the market. Naturally, we are pleased to leverage Nextleaf's advantage to help drive NOYA's "C" brand e-cigarettes in Canada," said Ryan Ko, Co-Founder and VP of Innovation & Technology at Nextleaf.
No doubt that Nextleaf is one of the top extractors and manufacturers of Cannabis 2.0 products in the country," said Ziad Reda, CEO of NOYA. "Their technology and expertise made it easy for us to decide to partner with them to launch our electronic cigarette pod.
NOYA holds exclusive rights to premium international brands such as Cookies, Lemonnade, and Minntz. With NOYA's powerful combination of brands under its control, Nextleaf believes that NOYA is the perfect partner for its B2B service platform.
Nextleaf is issuing stocks.
Nextleaf has issued 100,000 common shares at a designated price of $0.08 per share, to partially convert senior secured convertible notes.
About Noah
Noya Cannabis Inc. was established in Hamilton, Ontario in 2014 as a licensed producer under marijuana laws. They obtained a cultivation license in 2017 and a sales license in 2018. Noya positions itself as a high-quality white label producer and collaborates with renowned marijuana brands worldwide. Their mission is to cultivate and distribute premium craft cannabis to meet market demand.
About Cookies
Cookies was founded in 2010 and is one of the most well-known cannabis companies globally. The company values the power of plants and focuses on creating game-changing genetics. With over 70 proprietary cannabis strains and more than 2,000 products, Cookies is actively committed to enriching communities affected by the war on drugs through advocacy and social equity initiatives. Based in San Francisco, the company opened its first retail store in Los Angeles in 2018 and has since expanded to more than 50 retail locations in five countries and 17 markets. AdAge recognized Cookies as one of the hottest brands in America in 2021, making it the first cannabis brand to receive the distinction.
Regarding Nextleaf Solutions Ltd.
Nextleaf is a federally-regulated manufacturer and distributor of cannabis e-cigarettes and oil products, known for their award-winning Glacial Gold brand. The company sells its products through authorized distributors and retailers in four Canadian provinces. In addition to being a low-cost producer of cannabis oil, Nextleaf is also a supplier of THC and CBD raw materials to qualified wholesale partners across Canada. Their patented processing technology converts cannabis and biomass into high-purity distillate on an industrial scale. The company has obtained 19 US patents and 100 global patents related to cannabis processing, including extraction, distillation and acetylation. Nextleaf is developing cannabinoid-based formulas and delivery technologies through its Canadian Health Research license and conducting sensory evaluations through human testing. For more information, visit www.nextleafsolutions.com and www.Glacial.Gold.
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