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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 greenalyston Jul 09, 2019 11:35am
96 Views
Post# 29899277

RE:RE:Good house

RE:RE:Good house
sim_1 wrote: See, that’s one thing I really like about this company, they’re ahead of the curve... ready to remove 2500kg of indoor production and convert the facility rather than build a new one from scratch and spend more capital just to preserve their indoor capacity when they  know they will produce a much higher quantity outdoors - and at a much better cost - in other words when they know it would eventually get to that anyway. To me it’s good allocation of resources, and that’s what competent leaders do. 
Also tells you how confident they are that their plan is working...



The latter point is the most significant from my standpoint. Everything they are doing and projecting says FULL STEAM AHEAD. They would not take this step if they had significant uncertainty.

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