CAN: Nextleaf advances Capex-Light model with new micro-processing site licence

Nextleaf Solutions has been granted a Health Canada Micro-Processing Licence for its second site of operations, Nextleaf Distribution.

The issuance of this licence marks a key milestone in the Company's capex-light expansion strategy strengthening its position as a pure-play extraction and global processing platform delivering scalable, capital efficient, profitable growth.

Scaling infrastructure with capital discipline
Nextleaf Distribution, a 2,500 sq. ft. facility located near the Company's primary processing site in Coquitlam, British Columbia, is now licensed to conduct select activities under Health Canada's micro-processing framework.

This licensing structure enables capacity expansion with minimal capex, allowing the Company to scale their domestic and export-ready operations while maintaining quality oversight, resource utilization, and operational efficiency. The facility is expected to support packaging, distribution, and select manufacturing functions.

Nextleaf operates an asset-light model focused on high-margin, value-driven parts of the supply chain. Its globally patented, automated closed-loop extraction and distillation system delivers leading throughput and cost efficiency at scale. The company develops standardized cannabinoid inputs for use in therapeutic products, derivatives, and consumer packaged goods, while its brand portfolio, including Glacial Gold, Yard Cannabis, and High Plains, targets diverse segments and distribution channels. In addition, its Commercial Partners Program supports bulk ingredient supply, toll processing, and white-label manufacturing.

The addition of a second licensed site enables greater specialization across facilities, supporting the Company's continued capacity utilization, reduced unit costs, and the growth of a higher-margin product mix.

"The issuance of our micro-processing licence is a meaningful step in scaling our platform with discipline while maintaining a focus on being a total quality producer," said Vipin Vikraman, VP Operations of Nextleaf Solutions. "The additional licensed space allows us to streamline aspects of fulfilment and distribution and supports greater agility throughout the product lifecycle. This expansion aligns with our focus on total quality oversight while building an operational model that is efficient and aligned with long-term margin expansion."