Nextleaf appoints Kindred Canada as sales agency

Executive Summary

• Nextleaf Solutions Ltd. has appointed Kindred Canada as its new national sales agency partner, transitioning from a regionalized model to a centralized national platform to drive scalable revenue and margin-focused growth.
• The company has expanded its distribution infrastructure in Manitoba and Saskatchewan through partnerships with Open Fields Distribution and Open Fields Manitoba to improve retail penetration and last-mile delivery.
• As part of a compensation and retention strategy, the company issued 955,556 common shares at $0.05 per share, raising aggregate proceeds of $47,778.

Key Details

• National Sales Partnership:
  • Partner: Kindred Canada appointed as national sales agency.
  • Transition Period: Implemented between November 2025 and January 2026.
  • Strategic Goal: Shift from regionalized approach to centralized national sales execution to accelerate top-line growth and strengthen retail partnerships.
  • Brand Focus: Reinforcing "Glacial Gold" as a category leader in cannabis wellness, advancing key account penetration, and supporting the national launch of the recreational brand "Yard Cannabis."
• Provincial Distribution Expansions:
  • Saskatchewan: Partnered with Open Fields Distribution (OFD) for all branded products (Glacial Gold, Yard, High Plains). OFD provides access to a collective network of stores for enhanced retail penetration.
  • Manitoba: Expanded 3PL infrastructure to include Open Fields Manitoba for last-mile delivery of "Yard cannabis" to provincially licensed retailers starting in March.
  • Existing Manitoba Coverage: Glacial Gold and High Plains cannabis remain available provincewide through existing partner Lynx Distribution.
  • Integration: Provincial sales representation integrated through Kindred Canada to improve listing velocity and in-market execution.
• Share Issuance (Financing):
  • Quantity: 955,556 common shares issued.
  • Price Per Share: $0.05.
  • Aggregate Proceeds: $47,778.
  • Purpose: Compensation and retention strategy to align employee interests with long-term shareholder value.

Notable Quotes

• Emma Andrews, CEO: "Centralizing our national sales platform with a proven, performance-driven partner accelerates our ability to convert operational discipline into sustainable top-line growth through stronger retail partnerships, expanded listings and consistent execution across provinces."
• Curtis Mackenzie, EVP and GM at Kindred Canada: "With Kindred's established retail relationships and national reach, we expect to improve distribution, increase velocity, deepen key account engagement and enhance execution at the store level, especially in previously underserved markets."