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The History of Nextleaf Solutions

The company was started in 2017 by the founders Ryan K and Paul Pedersen. At the time, Ryan was still building out extraction and refinement technology and to help prove the model and test the equipment they operated under licence holders that held a valid ACMPR licence. This allowed Ryan and his team the ability to bring their then “Mobile Lab” onto the site of valid ACMPR licence holders, who were then able to use Nextleaf Solutions extraction technology to extraction and process their cannabis and/or biomass. This helped to prove Ryan’s technology and model at a small scale, the next step was to bring on a team of engineers and scientists in order to scale it up. Fast forward a year to the fall of 2019 when the extraction and refinement skid was fully built out, arriving on site at Nextleaf Labs in December of 2019. It took a few months to fully commission our cannabis refinery and get it up and operating, and in May 2020 we announced our first major contract deals.

Mission

Nextleaf is focused on the development and acquisition of intellectual property and innovative cannabis processing technology. We deliver efficient, cost-effective solutions to maximize the value of every harvest.

Vision

• We set the global standard for processing cannabis at scale.

• We provide unparalleled value for our stakeholders through an innovative portfolio of brands, ingredients, and technology.

Values

1. We are Building a Sustainable Legacy.

• We believe that the viability of our business is connected to the vitality of our team.

• We believe our financial achievements are equally as important as our commitment to quality, and overall positive influence on the industry.

2. We are Authentic.

• We build integrity through trustworthy relationships and radical candour.

• We take accountability for our actions, decisions, and ideas through a solutions-oriented approach.

3. We are Innovators.

• We are thought leaders and pioneers.

• We champion ideas and concepts that push boundaries, set standards, and challenge the status quo.

Timeline

2019 MARCH Completed $5MM financing
and RTO transaction.
Reverse Takeover March 18, 2019
First public company to be issued
patent for the industrial scale
extraction, purification and
refinement of cannabinoids.
Patented March 28, 2019
Nextleaf begins trading on the
CSE as OILS.
Now Trading March 21, 2019
March 2019
2019 JULY Nextleaf Adopts Shareholder
Rights Plan.
Poison Pill July 24, 2019
Trading on the OTCQB: Nextleaf
begins trading in the US on the
OTCQB as OILFF.
United States Listing July 29, 2019
July 2019
2019 AUG Nextleaf completes two
federally funded R&D projects.
Research &
Development
august 12, 2019
August 2019
2019 SEP Health Canada issues
Standard Processor
Licence to Nextleaf Labs.
Licence Issued september 9, 2019
Nextleaf acquires emulsion
technology for cannabis
beverages and edibles .
IP Acquisition september 23, 2019
September 2019
2019 OCT Nextleaf and Nextleaf Labs enter
agreement to consolidate.
Consolidation october 15, 2019
October 2019
2019 DEC Nextleaf enters in patent
licensing agreement.
IP Licensing
Agreement
December 17, 2019
Proprietary closed-loop chilled
alcohol extraction and
refinement skid arrives at
Nextleaf Labs.
Proprietary
Technology
december 9, 2019
December 2019
2020 JAN Nextleaf granted Health Canada
Cannabis Research Licence.
Research Licence january 23, 2020
January 2020
2020 FEB Nextleaf granted patent for
THC-O-Acetate... Read More
US Prodrug
Patent Awarded
February 27, 2020
February 2020
2020 APR Nextleaf includes plan to allow
for all employees to become
shareholders... Read More
Employee Equity Plan april 1, 2020
Nextleaf Labs signs cannabis
extraction agreement with Atlantic
Canadian Producer
... Read More
Extraction Agreement april 13, 2020
Nextleaf signs first supply
agreement for biomass...
Read More
Supply Agreement april 4, 2020
April 2020
2020 MAY Nextleaf granted German patent
for CBD Oil Extraction.. Read More
German Patent may 4, 2020
Nextleaf closed oversubscribed
$3MM financing.
Non-Brokered Financing may 28, 2020
May 2020
2020 JUN Nextleaf Receives Patents for
Cannabis Oil Extraction in
North America, Europe and
Asia... Read More
North America, Europe
and Asia Patents
June 1, 2020
June 2020
2020 JULY Nextleaf signs first bulk
distillate agreement.
Extraction Agreement july 6, 2020
Nextleaf Solutions Announces
Completion of Acquisition of
Licensed Processor... Read More
Acquisition of
Licenced Processor
July 30, 2020
Nextleaf Granted Second
Patent for Production of
Prodrug, THC-O-Acetate in
Canada... Read More
Second Production
Patent
July 15, 2020
July 2020
2020 SEP Nextleaf launches Rapid
Emulsion Technology by
OILS™...Read More
Innovation September 1, 2020
September 2020
2020 OCT Patents, Province
& CBD
october 26, 2020
October Nextleaf granted 50th patent,
vapes powered by OILS in
Saskatchewan, and sign first
bulk CBD distillate agreement...
Read More
2020
2020 NOV Nextleaf granted patent for
CBD prodrug in United States...
Read More
CBD Patent november 5, 2020
Nextleaf Granted Mexican Patent
and Signs Cannabis Extraction
Agreement... Read More
Mexican Patent november 26, 2020
Nextleaf Signs Cannabis
Extraction Agreement with
Eve & Co... Read More
Extraction
Agreement
november 9, 2020
November 2020
2020 DEC Granted patent for ultrasonic
cannabinoid extraction and
sign tolling agreement with
large Canadian LP... Read More
US Patent &
Tolling Agreement
december 10, 2020
Nextleaf ships out 100kg of CBD
Distillate through its Commercial
Partners Program.
Commercial Partners
Program
december 18, 2020
December 2020
2019 2020

The Latest from OILS

Get to Know Our Team

At Nextleaf, we’ve gathered some of the brightest minds in the industry with proven track records and decades of cannabis experience, notable pioneers of extraction technology as well as some of the most talented scientists, researchers, and engineers.

Meet the Team

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Canada’s most innovative extraction company, Nextleaf Solutions (CSE: OILS | OTCQB: OILFF | FSE: L0MA) is developing technology for distilling THC and CBD oils used to formulate popular 2.0 products including vape pens, edibles and beverages
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Cannabis, Chemistry, & Agrology: Why Professional Designations Matter Within The Cannabis Industry

Cannabis, Chemistry, & Agrology: Why Professional Designations Matter Within The Cannabis Industry

Professional designations and accreditation can be a meaningful and valuable way to differentiate the strength of the team behind a brand or company, and their ability to deliver operational excellence and quality.
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