Nextleaf Solutions

Nextleaf Solutions is a Health Canada-licensed cannabis processor and life science company, started in 2017 by founders Ryan K and Paul Pedersen. Its news releases are datelined Vancouver, British Columbia, and its primary processing site, Nextleaf Labs, is in Coquitlam. The company is listed on the Canadian Securities Exchange as OILS and trades on the OTCQB as OILFF. It holds a Standard Processing license issued in September 2019 and a Cannabis Research license granted in January 2020.

Nextleaf runs a closed-loop, automated extraction and distillation system and reports more than 75 patents worldwide, 19 of them in the United States. A second site near Coquitlam, a 2,500 square foot facility, received a Health Canada Micro-Processing license in April 2026. The company sells high-purity THC and CBD distillate and refined oils in bulk, and its consumer brands are Glacial Gold, High Plains Cannabis, and Yard Cannabis. Nextleaf reports that Glacial Gold is stocked in more than 1,700 retail stores across six provinces.

Nextleaf offers toll processing of customer biomass into extracts, bulk ingredient supply, and product manufacturing and commercialization. Its Commercial Partners Program lets brand owners launch products without building their own extraction plant. National sales run through the sales agency Kindred Canada, and Open Fields Distribution carries its branded products in Saskatchewan. Licensed producers and brand owners can start a conversation through the sales contact on the company website.