Nextleaf Solutions partners with Atlantic Cultivation to supply cannabis oils, extracts to Newfoundland and Labrador
Published: 09:59 16 Nov 2022 EST
Nextleaf Solutions Ltd (CSE:OILS, OTCQB:OILFF) has announced its entry into the Newfoundland and Labrador market through a strategic partnership with Atlantic Cultivation Inc.
The cannabis vapes and oils manufacturer and distributor said it is supplying Atlantic with semi-finished goods to power several unique products under their Crooked Dory brand.
“We are excited to support Atlantic's authentic Newfoundland brands by supplying cannabis oils, extracts, and technology,” Nextleaf Solutions CEO Paul Pedersen said in a statement.
READ: Nextleaf Solutions launches Glacial Gold THC softgels in British Columbia, secures 19th US patent
“Atlantic is currently the number one cannabis distributor in the Newfoundland and Labrador market, with incredible brands and infrastructure to produce and distribute products that delight consumers,” Pedersen added.
Nextleaf noted the initial order of cannabis extracts has been shipped to Atlantic, with Crooked Dory products available now in the Newfoundland and Labrador market.
According to the most recent data available from the Newfoundland and Labrador Liquor Corporation, annual sales of cannabis are growing rapidly at a double-digit growth rate within the region, the company said.
It added that along with its direct delivery distribution platform to licensed cannabis retailers, Atlantic Cultivation operates eight retail locations throughout Newfoundland and Labrador.
Vancouver-based Nextleaf Solutions is a federally regulated manufacturer and distributor of cannabis vapes and oils under its award-winning prohibition-era brand, Glacial Gold.
Contact Sean at sean@proactiveinvestors.com
