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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 sim_1on Dec 05, 2019 9:54am
207 Views
Post# 30424482

RE:RE:RE:RE:Globe Article - Three cannabis CEOs - including 48North's

RE:RE:RE:RE:Globe Article - Three cannabis CEOs - including 48North's

First time ever I read that the autos were a flop (we knew of course)
I maintain that we should have been made aware of the licensing issues - NRTH came close to literally have to destroy the crop - that was a major risk I wasn't aware of. 

All summer long I thought they had all the licenses needed - was a real surprise to hear Alison say on stage they had just obtained their drying license, and even then, I didn't realize they only had one hoop house licensed; had to learn that in a "radio" interview that was never relayed through any of NRTH's official channels.... I remember estimating the size of the hoop houses with Google Satellite and through research on the topic and concluding they could "probably" dry 40000kg with three houses, but wasn't convinced at all - I had identified that as a risk on my sheet cheat but it was never a real red flag for me since I was assuming they were using all three! 

Oh and this was recorded in October, right after the Canadian Grown conference:

https://bofc-live-with-jay-rosenthal.simplecast.com/episodes/bofc-live-with-alison-gordon-7KWost4i


 

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