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Benzinga

Business

Vuk Zdinjak

Nextleaf Q3 Revenue Grows 83% YoY, Majority Of Revenue From Glacial Gold

Nextleaf Gold Nextleaf Solutions Ltd Oil OCS

Nextleaf Solutions Ltd. (OTCQB:OILFF) (CSE:OILS) (FSE:L0MA) released its Q3 financial results for the quarter ended June 30, 2022, revealing revenue of $1.2 million, an increase of 83% compared to revenue of $655,861 in Q3 2021.

The increase in revenue was a result of the company having transitioned to a branded cannabis products company, with $776,717 in Glacial Gold product sales, and $425,921 in cannabis concentrate sales for the quarter ended June 30, 2022.

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