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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 31, 2019 8:38pm
36 Views
Post# 29304485

RE:Considerations for outdoor grow strategy

RE:Considerations for outdoor grow strategyThanks Sunjam, That sounds about like what I would've hoped, so it reassuring. I have one outstanding question for outdoor: seeds or clones? Since they're starting them indoors (per Toronto Star article), I suppose they use either. Clones would require a very substantial collection of mother plants, and of the right variety for outdoor growing - something they're unlikely to have. Seeds, too, seems like something they're unlikely to have on hand. OCS sells seeds for $60-80 for four seeds, and I recently paid $120 for 12 seeds elsewhere, only 3 of which have produced healthy seedlings (yes, I'm growing, but only impotent male plants... and for "science" - don't ask. Ha). So, what I'm curious about is how much they anticipate seeds or clones costing. It's presumably part of the 0.25/g production cost, but if you take 40,000,000g * $0.25/g = $10MM production cost. How much of that is up front, in the form of seeds or clones? Just something that's been on my mind. 
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