Nextleaf Announces Launch of New Recreational Cannabis Brand

Executive Summary

• Nextleaf Solutions Ltd. announced the national launch of its new recreational cannabis brand, Yard, targeting adult‑use consumers with high‑potency extracts, premium hardware and flavour‑forward formulations.
• The rollout begins in Fall 2025 (British Columbia, Alberta, Saskatchewan, Manitoba) with a full Canada launch extending into Winter 2026; Ontario listings start January 2025.
• As part of an employee equity compensation program, the company issued 32,500 common shares at $0.055 per share to employees.

Key Details

• Brand Positioning: Yard is positioned as a bold, premium recreational brand offering THC‑dominant vapes, infused prerolls and innovative “post‑less” vape hardware with ceramic heating elements and adjustable voltage controls.
• Product Line‑up (5 SKUs):
• Blueberry Rocket – AIO vape, 1 g
• Lemonade Classic – AIO vape, 1 g
• Fruit Punch Bowl – Vape cart, 1 g (also infused prerolls, 3 × 0.5 g in some provinces)
• Bottle Cap Classic – Vape cart, 1 g
• Provincial Availability:
• British Columbia: 4 listings launching Nov 2025
• Alberta: 3 listings launching Nov 2025
• Saskatchewan & Manitoba: 5 listings each launching Nov 2025
• Ontario: 1 listing (Lemonade Classic) launching Jan 2025
• Technology Highlights: Post‑less vape hardware, ceramic heating elements, in‑house extraction ensuring consistent potency, adjustable voltage for user customization.
• Strategic Rationale: Reinforces Nextleaf’s portfolio beyond its flagship Glacial Gold brand; aims to capture higher revenue potential in the competitive vapes and infused preroll categories by leveraging proprietary IP and bulk ingredient capabilities.
• Employee Share Issuance: 32,500 common shares issued at $0.055 per share to employees as part of ongoing equity compensation and retention strategy.

Notable Quotes

“Yard is an opportunity to resonate on a deeper level with recreational cannabis enthusiasts seeking THC‑forward products… Our goal is to deliver a premium experience, without pretense.” – Emma Andrews, CEO, Nextleaf Solutions

All forward‑looking statements are subject to risks and uncertainties detailed in the Company’s MD&A.