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48North Cannabis Corp. V.NRTH


Primary Symbol: NCNNF

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

Comment by Blizzy420on Oct 14, 2020 1:56pm
176 Views
Post# 31714851

RE:RE:RE:Concerned

RE:RE:RE:ConcernedI believe expenses were north of 7 million for this same quarter last year.   That was without Fume up and running, but with a lot more plants in the ground and more staff on the payroll.    Including the 3+ they got from the raise, they need to have over $10 million to feel comfortable going into next year.

I drove by the farm yesterday, not much was going on and there were a few rooms of 3-3.5 foot plants with healthy looking buds all over them.   There were also a few rows of 1 foot high plants that are rich with buds as well.   I would think plants yielding 40-75 grams and a healthy stretch through October here.
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