48North Cannabis Corp. V.NRTH

Primary Symbol: NCNNF

Healthcare Drug Manufacturers - Specialty & Generic

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.

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48North Cannabis Corp. > Election impact

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Comment by uptown59on Sep 28, 2019 8:32am

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Post# 30173394

RE:RE:Election impact

VM, something to consider, Stats Can reports that aprox 70% of cannabis sales in Canada are still black market. Legalization part 2 and a proposed campaign to increase awareness for safe product consumption, is directed towards illegal pot sales. As number of stores increase and access becomes easier product supply and demand will level out. Yes Cannabis is a commodity and massive supplier consolidation will sooner or later strike a balance between supply and demand. Business operators are aware of this i’m Sure and the smart ones are positioning themselves for growth.

In my opinion North is taking the leap, US, possibly forming partnerships as they have stated wholesale markets and focusing on 2nd Gen products, particularly around women’s health and wellness.

GLTA

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