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48North Cannabis Corp. NCNNF



GREY:NCNNF - Post by User

Comment by xelanitramon May 30, 2019 9:41am
72 Views
Post# 29784634

RE:Bottoms in! Thats it. Time to buy! 40K Kilos OUTDOOR GROW!

RE:Bottoms in! Thats it. Time to buy! 40K Kilos OUTDOOR GROW!I too see great things for 48North, here, but feelna need to try and manage expectations (for the long-term good of stock, I think) when I hear "$200M revs in 2019." What you'll see, rather, is a huge lump of biological assets and/or inventory in reports filed within calendar 2019. Much of these will be subject to drying, extraction, and CPG manufacture before contributing primarily to revs in 2020. This timing is fine, since my understanding is that there may also be an approval process for 2nd-gen products once legal but before they can actually hit shelves. That said, some outdoor product will be sold as dry flower, contributing in 2019...plus Good&Green indoor online, plus the high inventory of indoor to sell off now that the outdoor licence came through. So, 2019 should, indeed, be very exciting, both with increasing revs and the excitment of doing something different (outdoor). Please hold the 9-digit rev predictions for 2020, though. That said, it serms fine to price-in the 2020 rev predictions to 2019 stock price ;)
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