Mexico: It’s All About Commerce – Nextleaf Solutions Granted Mexican Patent and Signs Cannabis Extraction Agreement

From an extended  press release – this is the section that interested us


Nextleaf Receives Mexican Patent for its Foundational Process

The Mexican Institute of Industrial Property has granted OILS a patent for the Company’s foundational process for producing high-purity cannabinoid distillate.

On September 19, 2020 the Mexican Senate approved a comprehensive adult-use marijuana legalization bill. The pending law requires President Andrés Manuel López Obrador signing the bill into law, which will make Mexico the third country to legalize adult-use cannabis, following Canada and Uruguay. Once signed, Mexico will become the largest legal cannabis market in the world, based on population.

Nextleaf owns the second largest patent portfolio of any cannabis company, and has been issued patents in Canada, the United States, Israel, Australia, New Zealand, Mexico, Colombia, South Africa, the U.K. and across Europe.

“This latest patent validates our technology and further reinforces our vision of developing intellectual property that improves CBD and THC oil economics globally,” said Paul Pedersen, CEO of Nextleaf Solutions.


Read the full release.

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