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. > 48North Disposes of US-Based Assets Rare Industries, Sackvil

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Comment by flamingogoldon May 23, 2020 12:11pm

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Post# 31064766

RE:48North Disposes of US-Based Assets Rare Industries, Sackvil

Two legacy partnerships engineered by Alison, now all 3 gone. Charles has cleaned the slate and is re-focussing on getting more product into the Canadian market, one which is legal, growing and where the fittest will survive.

I liked the Quill team, but the resources to stay invested there was not right at this time. I remember Alison boasting about "we're in the US market" now. But that effort was undermined by a failed harvest. NRTH will do better by focusing on what makes them money right now.

JLUTZ1 wrote:
48North Cannabis Corp has disposed of its US-based assets as the company refocuses and places a “renewed emphasis on high-quality Canadian products.” The divestment consists of two relatively recent acquisitions within the US cannabis accessories space.

https://thedeepdive.ca/48north-disposes-of-us-based-assets-rare-industries-sackville-co/