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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. > Seriously this is our holiday offering.
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Comment by ILIKETAon Nov 27, 2019 11:11am
65 Views
Post# 30398050

RE:RE:RE:RE:RE:RE:RE:Seriously this is our holiday offering.

RE:RE:RE:RE:RE:RE:RE:Seriously this is our holiday offering.
ModerateRep wrote: My concern now is it could have been great out of the ground but if they are jamming hoop houses full and don’t process it properly with an extremely well controlled environment. They could easily make great product an very average product. That’s what my concern is. 


Good point. They haven't proven themselves to be the swiftest crew have they?
Either way, I'll risk it here considering: 
- "today’s numbers do not include revenue from the company’s outdoor cultivation facility."
- their assets minus their liabilities (~$91M) is greater than their current market cap.
- "Today, 48North has commitments for approximately 11,000 kilos of its outdoor-grown cannabis with an average wholesale price of approximately $3.35 a gram." So what ever they've been growing indoor is in addition to this.
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