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Nextleaf Enters New Market Via Atlantic Cultivation

Benzinga Real-time News ·  Nov 16, 2022 22:45

Nextleaf Solutions Ltd. (CSE:OILS) (OTCQB:OILFF) (FSE: L0MA), a federally regulated manufacturer and distributor of cannabis extracts, announced its entry into the Newfoundland and Labrador market through a strategic partnership with Atlantic Cultivation Inc.

Nextleaf is supplying Atlantic with semi-finished goods to power several unique products under their Crooked Dory brand. The initial order of cannabis extracts has been shipped to Atlantic, with Crooked Dory products available now in the Newfoundland and Labrador market.

"We are excited to support Atlantic's authentic Newfoundland brands by supplying cannabis oils, extracts, and technology," stated Nextleaf co-founder and CEO, Paul Pedersen. "Atlantic is currently the #1 cannabis distributor in the Newfoundland and Labrador market, with incredible brands and infrastructure to produce and distribute products that delight consumers."

Atlantic founder and COO Chris Crosbie, stated: "Atlantic is very excited to partner with and provide Nextleaf processed products across Newfoundland and Labrador. Nextleaf's quality and processing efficiency allow us to offer exceptional quality products at the lowest prices in the province. We are proud to have their products become a staple offering in our wholly owned retail chain."

Along with its direct delivery distribution platform to licensed cannabis retailers, Atlantic operates eight retail locations throughout Newfoundland and Labrador.

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