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VIDEO: 48North Cannabis Corp (CVE:NRTH) Acquires Good & Green

Tuesday, November 6, 2018 10:59

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48North Cannabis Corp (CVE:NRTH) (OTCMKTS:NCNNF) Co-CEOs Alison Gordon and Jeannette VanderMarel reveal why the company’s acquisition of Good & Green is a game-changer for 48North. The deal gives 48North access to Good & Green’s organic and outdoor growing experience as well as significant industry knowledge from experts like VanderMarel. 48North will begin outdoor production in 2019; significantly, outdoor production is cheaper than greenhouse growing and allows the company to focus on profitability. 48North’s Brantford outdoor facilities have the capacity to produce 40,000 kilos of cannabis annually, which will significantly lower the cost of the company’s extracts production. Gordon does not believe there’s a first mover advantage in Canada’s chaotic retail environment; however, the company is capitalizing on current shortages by supplying wholesale product to other industry players at considerable profit.

Original article: VIDEO: 48North Cannabis Corp (CVE:NRTH) Acquires Good & Green

Source: https://midasletter.com/2018/11/48north-cannabis-corp-cvenrth-acquires-good-green/

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