48North Cannabis Corp. NCNNF

North will be a profit machine.

[ModerateRep]

Low cost organic product that brings a higher margin. Lowest cost to produce highest margin products developing. First you grow it, harvest it, process it, package it and sell it. They have a few steps to go. They didn’t waste 10s of millions of dollars building big fancy indoor grow facilities. They spent very little and are in the top ten of producers if the hit the 50k kilo. So the price of marijuana can come down to almost nothing and we still profit. By the spring of 2020 profit will be Norths middle name. They will shine extremely bright in the sector. Legalize 2.0 will bring a lot of SPs up quite a bit next spring. The problem is all those other companies have a serious cash burn rate. Let’s sum it up. The only products that will compete or make the black market irrelevant to them are, vapes, oils, topicals, edibles etc. along with producing product at a low cost. I know this from seeing the trends here in the US and having worked in the industry for many years. They focused on the exact blueprint to make lots of money in this business. They are doing exactly what many companies in the US did to make the black market irrelevant. Let’s face it. Those who enjoy great flower will always just grow their own. It won’t matter in the long run. Many people interested in using marijuana don’t want to smoke anything ever. That’s where the profit is. Watch!