48North Cannabis Corp (CVE:NRTH) Canada’s Largest Outdoor Organic Cannabis Operation
48North Cannabis Corp (CVE:NRTH) (OTCMKTS:NCNNF) Co-CEO Alison Gordon joins Midas Letter to discuss completing the planting of its first outdoor cannabis crop at its Good:Farm facility. With over 3.7 million sq. ft. of cultivation space, Good:Farm is Canada’s largest outdoor organic cannabis cultivation facility. The cannabis culturist CEO rebuttals misconceptions of growing marijuana outdoors in Canada, stating the farms premium dried flower would pass Health Canada’s rigid inspections and that roughly 80 to 90 percent of the farm will be used for extraction and isolate purposes. The outdoor farm provides 48North with a huge opportunity within the cannabis market – in terms of a vastly greater cultivation space and lower costs. As 48North moves into harvesting its outdoor crop in a couple of weeks, the company have also made a strategic investment in Friendly Stranger – a cannabis accessories retailer in Ontario with operating retail experience of over 25 years. The investment marks the first retail investment made by 48North with the aim to dominate the retail cannabis market.
Be sure to check back in early September after Midas Letter visits 48North’s Good:Farm to see the massive outdoor grow in its entirety.
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