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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 xelanitramon Jan 24, 2019 6:00pm
23 Views
Post# 29278363

RE:RE:RE:RE:RE:RE:RE:RE:RE:Martini 08

RE:RE:RE:RE:RE:RE:RE:RE:RE:Martini 08I think you may be surprised then. It seems to me that things are lining up for some quanity of 2nd-gen on shelves as soon as it's legal. These formulations aren't necessarily new. They need extraction (completion Feb 2019, per investor presentation), cannabis inputs (DelShen +G&G indoor suficient, initially) and manufacturing (see below...) From Nov. Financial Post article: "Gordon hasnt yet secured a deal with a specific company but says that shes far down the path with a large scale Canadian contract manufacturer that makes upwards of 14,000 products. I dont want to be stuck in a position where Health Canada changes the rules on what products were allowed to infuse cannabis with, and suddenly my partnership with say, a brand like Oreo, becomes meaningless because we cant put pot in cookies. ...so contract manufacturing may very-well be in place already, too, pending news release once legislation is tabled. Outdoor grow harvest, drying, extraction seems likely to take until early 2020, but indoor will tide over for initial stock (and wholesale can always go in both directions if not). During 2019, outdoor will still show in reports are massive value of biological assets and/or inventory, which should be recognized by investors.
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