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Vancouver, British Columbia–(Newsfile Corp. – June 23, 2021) – Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (“Nextleaf“, “OILS“, or the “Company“), the world’s most innovative cannabis extractor, is pleased to announce that the United States Patent and Trademark Office has granted the Company a patent pertaining to the extraction and purification of THC and CBD.

The Company believes it has developed defendable intellectual property around the most efficient methods for producing THC and CBD distillate at scale within a regulated market. Nextleaf owns 15 U.S. patents and has been issued over 80 patents globally.

“Nextleaf has developed patented technology that may improve upon the medicinal properties of a natural product that has been in use for thousands of years,” said Paul Pedersen, CEO of Nextleaf. “With pharmaceutical companies beginning to enter the cannabinoid space, we believe Nextleaf’s stack of intellectual property related to the production of novel psychoactive compounds will draw a lot of attention.”

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/88400

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