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.

OTCPK:NCNNF - Post by User

48North Cannabis Corp. > Outdoor

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Comment by BullishRogeron Oct 22, 2018 8:51pm

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Post# 28852547

RE:RE:RE:RE:RE:RE:RE:Outdoor

You are right. A lot more. On cannabis compliance inc. they mentioned 25000 kg per20 acres of land. It is 125M$. I think that is a bit overestimate, but cut it in half and put it for 100 acres. 62.5M *5 = 312M$. It is easy to get an ounce per plant outside. On 1 acres you can put a lot of plants... I think that it was smart to wait for outdoor because you can get the similar quality than indoor. Also for 20 acres (800 000+ sq. Feet) you can get a pretty big harvest for 15% to 40% the cost of indoor. 48nrth is in a really climate to growth a lot of variety. Right now, the over-over value companies like Aurora with 1B shares are dragging all the cannabis market down. AT 0.55$ I have more confidence in 48nrth and other small producers with low expenses than those big ones with huge greenhouses.

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