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48North Cannabis Corp. V.NRTH


Primary Symbol: NCNNF

48North Cannabis Corp is a vertically integrated cannabis company. It is focused on the health and wellness market through cultivation and extraction, as well as the creation of authentic brands for consumer-friendly products. Its products are categorized into Bath, Intimacy, Flower, Pre-roll, topical, vapes, concentrates, and accessories. It has two geographical segments: Canada, which is the key revenue driver; and the United States.


OTCPK:NCNNF - Post by User

Comment by clubhouse19on Apr 08, 2019 3:32pm
97 Views
Post# 29598270

RE:License issuing

RE:License issuingLooks like the sellers know more what is going on than any long knows.
  
  Drip Drip...I expect a repeat of the pattern 

uptown59 wrote: I would expect that License comes no later than next week. Health Canada is aware that 6 to 8 weeks of preparation and significant investment will be required to plant. There is probably equipment purchases, bedding purchases, support framing for plants to be purchased and installed, a lot like vineyards use. I`m would also suspect that plants are being nurseried as we speak, probably at sustantial sacrafice to indoor space that could be used to grow indoor harvest, or prepare space for extraction, so a lot of cost and timing dependant on license.

I`ve spent some time reading all that I can on the Health Canada website wrt to cannabis approvals, and do not think that fridays are the only day approvals are granted.

As well, due to the sensitive nature surrounding SP and public traded companies, there would likely not be a posting visible to the public until after the company actually releases the information themselves. I`m betting that a couple of CEOs are currently recieving a permit in person, or very shortly after this visit.

https://www.thestar.com/news/cannabis/2019/04/04/hamiltonian-looks-to-cut-the-cost-of-lighting-up-with-outdoor-pot-farm.html

GLTAL



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