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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 sim_1on Jul 09, 2019 12:26pm
141 Views
Post# 29899541

Looking forward

Looking forwardI think a lot of LPs will, over time, start producing outdoors - however having invested substantial amounts of money in their indoor operations, they will want to maintain them active. One obvious justification for doing so will be to offset the risks of growing outdoors...
I think 48 will be much smarter... they are very conscious of the fact that they still need to find ways to reduce risks, but rather than hedging with enormous indoor operations, I think they’ll do it with another large outdoor one. They could even sign some kind of hedging deal with another grower in B.C. for example which would be beneficial for both without having to buy or develop another one outright... 
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