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48North Cannabis Corp. NCNNF



GREY:NCNNF - Post by User

Post by uptown59on Apr 08, 2019 1:18pm
146 Views
Post# 29597478

License issuing

License issuingI would expect that License comes no later than next week. Health Canada is aware that 6 to 8 weeks of preparation and significant investment will be required to plant. There is probably equipment purchases, bedding purchases, support framing for plants to be purchased and installed, a lot like vineyards use. I`m would also suspect that plants are being nurseried as we speak, probably at sustantial sacrafice to indoor space that could be used to grow indoor harvest, or prepare space for extraction, so a lot of cost and timing dependant on license.

I`ve spent some time reading all that I can on the Health Canada website wrt to cannabis approvals, and do not think that fridays are the only day approvals are granted.

As well, due to the sensitive nature surrounding SP and public traded companies, there would likely not be a posting visible to the public until after the company actually releases the information themselves. I`m betting that a couple of CEOs are currently recieving a permit in person, or very shortly after this visit.

https://www.thestar.com/news/cannabis/2019/04/04/hamiltonian-looks-to-cut-the-cost-of-lighting-up-with-outdoor-pot-farm.html

GLTAL

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