Nextleaf Provides Strategic Update: Canada's First 200-Pack Cannabis Softgels, and Opening of Distribution Facility

Core Insights - Nextleaf Solutions Ltd. has launched Canada's first 200-pack cannabis softgels under its brand Glacial Gold™, enhancing its market position and expansion capabilities [1][2][5] - The company has opened a new distribution facility to support its consumer-packaged goods portfolio [1][7] Product Launch - The 200-pack softgels are available in various formats, including RSO Full-Spectrum 5:5, high potency CBD 50, CBN:CBD 10:10, and CBG:THC 5:5 [4] - The introduction of this format aims to meet consumer demand for value and convenience, allowing for easier maintenance of wellness routines [5][6] Market Position - Glacial Gold is the top-selling brand for softgels in Western Canada and ranks among the top four brands in Ontario [5] - The new product format is expected to strengthen Glacial Gold's leadership in non-combustible, ingestible cannabis products [5] Distribution Facility - The new distribution facility spans 2,500 square feet and is located near the licensed processing site in Coquitlam, B.C. [7] - The facility will support expanded activities for the company's consumer-packaged goods [7] Company Overview - Nextleaf Solutions is an innovation-driven life science company and licensed cannabis processor with a portfolio of regulated consumer brands and high-potency bulk ingredients [10][11] - The company has a strong patent portfolio, including 19 U.S. patents and over 75 patents globally related to cannabinoid processing [11]