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.

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48North Cannabis Corp. > There has to be some news soon

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Comment by xelanitramon Apr 26, 2019 9:40am

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Post# 29673859

RE:There has to be some news soon

Planed use of proceeds is detailed, down to the dollar, in the Short Form Prospectus dated March 26, available on sedar.com. Only the monies from over-allotment and accelerated warrants (also a very substantial $ figure) are not spoken-for in that planned use. - G&G Facility Phase I Enhancement: $4,925,000. - G&G Phase II Expansion: $10,750,000. - Brant Outdoor Site: $4,550,000. - General Corporate and other Working Capital: $3,025,060. Details and further break-down of each category are in that same filing, beginning pg.25

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