48North Cannabis Corp. V.NRTH

RE:ANY NEWS ON CONTRACTS?

[ModerateRep]

They honestly don’t need any additional contracts beyond what they have. They are 100% fully integrated. They produce, process, market and brand. They have the ability to sell their products in several dispensaries now. After they process everything early this fall they will have the ability to easily move their projected 40,000 kilos. Keep in mind the majority of the herb being grown is for extraction. They extracted product has an extremely long shelf life. And as seen in California and elsewhere the cannabis oil pens are more in demand than dried flower. So they will be all stocked up, and be able to roll out consistent revenue throughout the year. I’d say they will basically sell the equivalent of about 10-12,000 kilos per quarter. But the majority of that will be oil vape pens and edibles which will bring a higher price. Let’s not forget, sun grown organic cannabis! They are going to knock it outta the park. $2.00 USD SP likely by the end of the year. They are profit focused. The only hang up anyone has right now is seeing buds and hearing the harvest estimates. Having personally grown in Alaska for many years. I know for a fact that they can produce an extremely high quality outdoor product. By looking at the recent pictures the plants are moving along in the very early flowering stages. I think they will start to harvest a relatively small amount the last week of August. From looking at their current plant development stage they will be in heavy harvest phase of their first crops in the 2nd week of September. And I can also tell you that those autos are very good size. They are easily going to pull at least 80,000 pounds from 250,000 auto flowers. Their photo periods will be double the size they are now in about a month. I expect they will certainly beat their estimated 40k kilos easily. By some quick math I’d say they will be in the 60-80k range. By the way I am a cultivation manager for a US lp. I’ve been with this company for over a year and I couldn’t be happier with their execution. Their board is extremely well connected. This company will have a nice niche for Canada and you will see them enter into the US when it is appropriate as well. GLTA this is the one to bet the house on.