Saturday, November 2, 2024

Why Intellectual Property Will Be A ‘Big Differentiator and Value Creator’ In Marijuana Business

In this interview from the 2019 Growth Conference, presented by Gravitas Securities Inc., SmallCapPower spoke with Paul Pedersen, the CEO of Nextleaf Solutions Ltd. (CSE:OILS).

Pedersen believes growing cannabis as a business is a ‘race to the bottom’, whereas their technology lead in extraction and purification of cannabis prepares them to take on the infused-products market when it opens up in October 2019.

RELATED: New Report: Extracts Barrelling Toward $8 Billion in 2022, Outpacing Flower Growth

Nextleaf Solutions is an extraction technology company that has developed a portfolio of issued and pending patents pertaining to the company’s unique, industrial-scale process of producing purified cannabinoid distillate, a tasteless, odourless cannabis concentrate best suited for infusing premium value-added products.

Nextleaf plans to commercialize its intellectual property portfolio by providing B2B processing services to licensed cultivators and supplying cannabis oil and extracts to qualified Canadian and international partners under the client’s own brands. Nextleaf has completed construction of its dedicated extraction and processing facility in Greater Vancouver, British Columbia, in time for Canada’s legalization of edibles and other cannabis derivative products.

Watch the full interview below.

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You can buy CBD supplements on Walmart.com, buy CBD beauty products on Ulta.com, and it’s rapidly spreading across the country in retailers ranging from Neiman Marcus and Sephora to CVS and Walgreens.

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