48North Cannabis Corp. V.NRTH

Primary Symbol: NCNNF

Healthcare Drug Manufacturers - Specialty & Generic

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

48North Cannabis Corp. > Its Not About Inventory

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Comment by sim_1on Oct 09, 2019 12:56pm

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Post# 30212632

RE:Its Not About Inventory

Yes, and if they can produce 5000kg of flowers from the farm, in June 2020 NRTH will have increased revenues at least 7-8 times, based on SIGNED contracts. You’re right, that makes all the difference in the world. That’s without accounting for anything Quill related (I don’t know how to price that in so I don’t).

Actual deals matter
Cash on hand matter

Inventory and capacity no so much anymore, because that alone doesn’t give you a future anymore. NRTH is looking more and more like one of the rare LPs with a future here... there are others of course, but a decent half is in serious trouble already.

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The Market Online’s Weekly Cannabis Report – Nov. 15, 2024