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48North Cannabis Corp. NCNNF



GREY:NCNNF - Post by User

Comment by ILIKETAon Aug 08, 2019 2:24pm
66 Views
Post# 30007957

RE:Good article on outdoor growing and the industry

RE:Good article on outdoor growing and the industry
MeMoney wrote: This was release yesterday ...maybe it was already posted here ans I did not see it ...! 

So I`m either sorry or enjoy the reading . 

https://www.bloomberg.com/news/articles/2019-08-07/pot-replaces-asparagus-as-outdoor-growing-proliferates-in-canada 



"It (WeedMD) has planted 21,000 plants on 27 acres that formerly grew asparagus, and expects to harvest more than 25,000 kilograms (55,000 pounds) of dried pot from its outdoor operations this year, more than half its total production."
 
That's 1.19Kg per plant (25,000 / 21,000).
 
48North expects 0.16Kg per plant (250,000 / 40,000).
 
That's 7.4 times less per plant than WeedMD.
 
Interesting. If I had to guess, I would say WeedMD has overestimated their expectations and 48North has underestimated.
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