Nextleaf launches new cannabis brand: Yard

Executive Summary

• Nextleaf Solutions Ltd. has nationally launched a new recreational cannabis brand named "Yard," targeting adult-use consumers with high-potency extracts and premium hardware.
• The launch includes a portfolio of five new products, including THC-dominant vapes and infused prerolls, utilizing proprietary extraction technology and next-generation hardware.
• Provincial availability is scheduled for November 2025 in British Columbia, Alberta, Saskatchewan, and Manitoba, with an Ontario listing planned for January 2025.

Key Details

• Brand Strategy: "Yard" is designed to complement the flagship brand "Glacial Gold" (focused on softgels and oils) by entering highly competitive categories like vapes and infused prerolls to capture greater total revenue potential.
• Product Portfolio: The debut lineup features five new products in retro-classic flavor profiles, including:
  • THC-dominant vapes in multiple formats (AIO and carts).
  • Infused prerolls.
• Technology & Quality: Products utilize next-generation postless vape hardware with ceramic heating elements and adjustable voltage controls. Extracts are produced in-house using proprietary, multipatented extraction technology to ensure consistent quality and potency.
• Provincial Launch Schedule:
  • British Columbia: Four new listings launching November 2025 (Blueberry Rocket AIO vape, Lemonade Classic AIO vape, Fruit Punch Bowl vape cart, Bottle Cap Classic vape cart).
  • Alberta: Three new listings launching November 2025 (Blueberry Rocket AIO vape, Lemonade Classic AIO vape, Fruit Punch Bowl Infused Pre-Rolls).
  • Saskatchewan: Five new listings launching November 2025 (Blueberry Rocket AIO vape, Lemonade Classic AIO vape, Fruit Punch Bowl Infused Pre-Rolls, Fruit Punch Bowl vape cart, Bottle Cap Classic vape cart).
  • Manitoba: Five new listings launching November 2025 (Blueberry Rocket AIO vape, Lemonade Classic AIO vape, Fruit Punch Bowl Infused Pre-Rolls, Fruit Punch Bowl vape cart, Bottle Cap Classic vape cart).
  • Ontario: One new listing launching January 2025 (Lemonade Classic AIO vape).
• Share Issuance: As part of an employee equity compensation and retention strategy, Nextleaf issued 32,500 common shares to employees at a price of $0.055 per share.

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. Yard is an invitation to kick-back, take it easy and touch grass," — Emma Andrews, CEO.
• "Our company's performance within softgels and oils has remained dominant and continues to deliver steady year-over-year growth. Through recent SKU rationalization, we identified the need to reinvigorate aspects of our product assortment within highly competitive categories such as vapes and infused prerolls. These are categories with greater total revenue potential, where our ingredient portfolio and IP can be more meaningfully commercialized," — Ms. Andrews.