Nextleaf boosts CBD supply as its subsidiary strikes an initial supply agreement with a hemp partner
CFO Charles Ackerman said Nextleaf is pleased to work with a supplier who has a “nationwide network of validated CBD-rich hemp farms”
Nextleaf is also working towards finalizing the development of a new powdered version of its proprietary CBD Rapid Emulsion Technology
Nextleaf Solutions Ltd. (CSE:OILS) (OTCQB:OILFF) has revealed that it has boosted its CBD supply through its wholly-owned subsidiary Nextleaf Labs Limited, which has struck an initial supply agreement with a reputable British Columbia-based hemp supplier for CBD-rich biomass.
The Vancouver-based company said the supplier will provide a “high-quality economical source of hemp biomass” which Nextleaf Labs will process into refined and distilled CBD oils using Nextleaf's patented extraction and purification platform.