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. > What will be the value of next harvest ?

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Comment by Brento1on Jul 19, 2020 2:50pm

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Post# 31287973

RE:RE:What will be the value of next harvest ?

I believe they are licencsed for drying to a certain amount of kgs or physical drying space. Last yr that allowed for 12000 kgs. The additional licencing in process is to expand the drying license so they can grow a full crop.

The staged planting this yr could be to allow some cover if the additional drying space license does not come through in time. It may be possible that the new drying facility could be set-up to dry 12 000 kgs in a 1 month period and then dry an additional amount the following month. Depending on the weather this could also allow for a late auto flower crop.

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