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  • Nextleaf Solutions (OILS) has launched its first THC-free Broad Spectrum CBD distillate (THC-free CBD) product
  • Glacial Gold Rise & Shine CBD Drops is a broad-spectrum alternative to CBD isolates, perfect to start the day without the risk of intoxication
  • The company also announced that it has executed its first bulk-sale of THC-Free CBD ingredients to a multinational partner
  • Nextleaf is a federally regulated manufacturer and distributor of cannabis vapes and oils under its award-winning prohibition-era brand, Glacial Gold
  • Nextleaf Solutions Ltd. (OILS) is up 11.54 per cent, trading at C$0.145 per share at 12:53 pm ET

Nextleaf Solutions (OILS) has launched its first THC-free Broad Spectrum CBD distillate (THC-free CBD) product.

Glacial Gold Rise & Shine CBD Drops is a broad-spectrum alternative to CBD isolates. Its perfect to start the day without the risk of intoxication.

Nextleaf expects Glacial Gold Rise & Shine CBD Drops to be available first in adult-use channels in British Columbia and nationally through medical cannabis distribution partners in the fall.

Kevin Keagan, CFO of Nextleaf, commented on the announcement.

“After validating the technology to produce THC-free CBD, we are pleased to commercialize the new ingredient under the Glacial Gold brand.  With Health Canada releasing its Science Advisory Committee Report on CBD in late July, we are on the brink of a major catalyst for the CBD industry. As a Canadian leader in CBD innovation and production we welcome the potential, future changes in regulations.”

Health Canada released a report by its Science Advisory Committee on health products containing cannabis on July 28, 2022. In the report, the committee unanimously agreed that CBD is safe and tolerable for short-term use at doses from 20 milligrams per day to a max dose of 200 milligrams per day.

The company also announced that it has executed its first bulk-sale of THC-free CBD ingredients to a multinational partner.

Nextleaf is a federally regulated manufacturer and distributor of cannabis vapes and oils under its award-winning prohibition-era brand, Glacial Gold. 

Nextleaf Solutions Ltd. (OILS) is up 11.54 per cent, trading at C$0.145 per share at 12:53 pm ET. 


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