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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

Post by Zingiberon May 09, 2019 3:40pm
151 Views
Post# 29730831

Health Canada changes cannabis licensing process May 8 2019

Health Canada changes cannabis licensing process May 8 2019
OTTAWA - Health Canada says it is changing its process for issuing cannabis licenses in a bid to reduce wait times and better use the agency's resources.

The Ottawa-based agency says new applicants for licences to cultivate, process or sell cannabis must now have a fully built site that meets the regulations when they submit their application.

Prior to this, cannabis license applicants could submit an application with their plans and get approval before building.

The agency says a "significant" amount of resources has been used to review applications from entities that are not ready to begin operations, contributing to wait times for "more mature applications" and "an inefficient allocation of resources."

Health Canada says over the past three years, more than 70 per cent of licensing applicants which passed its initial paper-based review have yet to submit the required evidence to demonstrate they have built a facility that meets the regulatory requirements.

The change comes as cannabis retailers across the country continue to face supply challenges, more than six months after Canada legalized pot for recreational use.

OK can someone name one company that is ready to go? 
Hint: Think number 48.
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