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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 Brento1on Mar 02, 2021 10:24am
87 Views
Post# 32694143

RE:RE:RE:RE:RE:RE:Quarter 2 - 2021

RE:RE:RE:RE:RE:RE:Quarter 2 - 2021For those that were looking for 10 mil+ in revenue North actually made it if you use the penny saved = penny earned saying. North cut it's Q costs by about 2.6 mil and had revenue of 7.6 mil. That adds up to 10.2 mil. The good part of the reduction in Q operating costs is that it was through efficiencies in their manufacturing, packaging, and such vs quick get the costs number down cuts such as layoffs. The efficiencies in costs set now will carry forward so are a very good thing.

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