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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 Joey654on Jul 07, 2019 9:32am
114 Views
Post# 29893182

RE:RE:RE:RE:Planting

RE:RE:RE:RE:Planting
The soil looks better in the second Instagram picture (3 days ago).
 
User image
 
They will plant 250,000 cannabis plants.
They expect not less than 40,000 kg from this summer’s crop.
40,000 kg / 250,000 plants = 160 g per plant 
How much weed can you grow from 1 cannabis plant? average of 200-600 grams per plant (https://www.cannabis.info/en/blog/14005-how-much-weed-1-plant)
But don't forget that planting later(not in spring) mean smaller plants (see my previous post)
 
Regarding this, it looks like it's feasible even if the plants are smaller.
 
Sim_1: 10000 kg for their obligations but it will be a deception if they can't meet the conservative 40000 kg expected 
 
That will mean:
- they have difficulties to grow outdoor
- they are not experienced
- less revenue
- impact on the share price
 
If they fail this summer who want to invest in a company that have difficulty to grow outdoor. This summer is a BIG test for them and will have a significant impact on the future of the company and the share price.
 
Hope they will succeed!
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