NCNNF - 48North Cannabis Corp.

Other OTC - Other OTC Delayed Price. Currency in USD
0.5898
-0.0092 (-1.54%)
As of 1:15PM EDT. Market open.
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Previous Close0.5990
Open0.5838
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.5780 - 0.5918
52 Week Range0.3531 - 1.3000
Volume32,687
Avg. Volume106,407
Market Cap102.139M
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-0.1370
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • 48North Announces Grant of Stock Options and Restricted Share Units
    CNW Group

    48North Announces Grant of Stock Options and Restricted Share Units

    TORONTO , May 23, 2019 /CNW/ - 48North Cannabis Corp. ("48North" or the "Company") (NRTH.V), a vertically integrated cannabis producer focused on the development of next-generation cannabis products, has granted an aggregate of 708,250 stock options (each an "Option") and 900,000 restricted share units (each an "RSU") to certain directors, officers, and employees of the Company. Each Option is exercisable into one common share ("Share") of the Company at a price of $1.09 per Share for a period of three years from the date of grant. Each RSU is exercisable into one Share for a period of up to three years from the date of grant.  All of the Options and RSU's have been granted pursuant to the Company's Stock Option Plan and Restricted Share Unit Plan which has been previously approved by the Company's shareholders and the TSX Venture Exchange.

  • /R E P E A T -- 48North Approved to Open One of the World's Largest Licensed Outdoor Cannabis Operations/
    CNW Group

    /R E P E A T -- 48North Approved to Open One of the World's Largest Licensed Outdoor Cannabis Operations/

    TORONTO , May 17, 2019 /CNW/ - 48North Cannabis Corp. ("48North" or the "Company") (NRTH.V) is poised to produce over 40,000 kilograms of outdoor-grown organic cannabis this year, at what is expected to be the lowest-cost per gram in Canada . Earlier today, 48North received its outdoor cultivation license from Health Canada for its 100-acre (3.7 million square feet) organic farm ("Good Farm"), located in Brant County, Ontario . Good Farm will become one of the largest-ever licensed cannabis operations in the world.

  • 48North Cannabis Corp. Announces Third Consecutive EBITDA-positive Quarterly Results, Receives License from Health Canada to Operate One of the World's Largest Cannabis Farms
    CNW Group

    48North Cannabis Corp. Announces Third Consecutive EBITDA-positive Quarterly Results, Receives License from Health Canada to Operate One of the World's Largest Cannabis Farms

    TORONTO , May 20, 2019 /CNW/ - 48North Cannabis Corp. ("48North" or the "Company") (NRTH.V), a leading licensed cannabis producer focused on next-generation cannabis products, has released its financial and operating results for the three and nine months ended March 31, 2019 . The Company's financial statements and related management discussion and analysis for the period are available on the Company's SEDAR profile at www.sedar.com and on the Company's website at www.48nrth.com/investors. 48North remained EBITDA positive for its third consecutive quarter with the Company's three-month EBITDA totalling $78,000 , representing an 570% increase from Q2 to Q3.

  • Benzinga

    48North Cannabis Signs Supply Agreement With AGLC

    Canadian cannabis company 48North Cannabis Corp (OTC: NCNNF ) announced signing an agreement with Alberta Gaming, Liquor & Cannabis for supply of cannabis. What Happened Under the terms of the supply agreement, ...

  • 48North Closes Previously Announced Bought Deal for Total Gross Proceeds of $28.75 Million
    CNW Group

    48North Closes Previously Announced Bought Deal for Total Gross Proceeds of $28.75 Million

    TORONTO , April 2, 2019 /CNW/ - 48North Cannabis Corp. ("48North" or the "Company") (NRTH.V) is pleased to announce that the Company has closed its previously announced "bought deal" short form prospectus offering of units ("Units") of the Company ("Offering") for total gross proceeds of approximately $28.75 million , which included the exercise of the over-allotment option granted to the Underwriters (defined below) in full. Pursuant to the Offering, 21,139,760 Units were sold at a price per Unit of $1.36 ("Issue Price") for gross proceeds of $28,750,073.60 . The Offering was completed by a syndicate of underwriters including Eight Capital, as sole bookrunner and lead underwriter, and Canaccord Genuity Corp. ("Underwriters").

  • Market Exclusive

    Cannabis Stock News Daily Roundup February 26

    Weekend Unlimited (CSE: POT) (CSE: POT.CN) (OTCQB: WKULF) has inked a letter of intent with PPK LLC to acquire vertically-integrated operations in Wilburton, Oklahoma. "We have strategically targeted Oklahoma, the state has moved faster than any other state in embracing the industry, and we see the business-friendly market translating into a consumer-friendly environment where the […]The post Cannabis Stock News Daily Roundup February 26 appeared first on Market Exclusive.

  • 48North Launches Cannabis Accessories Brand F8; Signs Supply Agreement with the Ontario Cannabis Store and Tokyo Smoke
    CNW Group

    48North Launches Cannabis Accessories Brand F8; Signs Supply Agreement with the Ontario Cannabis Store and Tokyo Smoke

    TORONTO , Feb. 19, 2019 /CNW/ - 48North Cannabis Corp. ("48North" or the "Company")  (NRTH.V) is pleased to announce the launch of its cannabis accessories brand F8 and concurrently retail supply agreements with the Ontario Cannabis Store and Tokyo Smoke. F8, a wholly-owned property of 48North, is an accessories line that offers aesthetic and functional products that redefine our relationship with cannabis and the accessories associated with it.

  • "The Next Report" by 48North Forecasts 2019 Cannabis Trends
    CNW Group

    "The Next Report" by 48North Forecasts 2019 Cannabis Trends

    TORONTO , Feb. 19, 2019 /CNW/ - 48North Cannabis Corp. ("48North" or the "Company") (NRTH.V), a vertically integrated cannabis company focused on the health and wellness market and the creation of innovative, authentic brands for next-generation cannabis products, today released The Next Report. With the Canadian cannabis industry shifting into a new stage of growth, the report highlights a cross-section of cannabis trends focusing on women, travel, health and wellness, design, and food and drink. "With The Next Report, 48North continues to drive industry innovation, creating products and experiences that will resonate with people, especially women," says 48North co-CEO Alison Gordon .

  • 48North Provides Update on its 100-acre Outdoor Farm Application
    CNW Group

    48North Provides Update on its 100-acre Outdoor Farm Application

    TORONTO , Jan. 24, 2019 /CNW/ - 48North Cannabis Corp. ("48North" or the "Company")  (NRTH.V) is pleased to announce that it has submitted its site evidence package to Health Canada in connection with its license application, submitted in October 2018 , for the Company's 100-acre outdoor farm in Brant County, Ontario . The farm site evidence package is a Health Canada pre-licensing requirement.  It provides Health Canada with comprehensive evidence confirming that 48North has successfully built-out the security provisions on its farm, as outlined in its license application, including but not limited to security fencing, cameras, and intrusion and access control. 48North has proactively taken this step to reaffirm its commitment and preparedness to begin cultivating outdoor-grown organic cannabis in June 2019 .

  • CNW Group

    48North Cannabis Corp. Signs Supply Agreement with Good & Green

    TORONTO , Oct. 1, 2018 /CNW/ - 48North Cannabis Corp. ("48North" or the "Company") (NRTH.V) today announced that it has entered a supply agreement (the "Agreement") with 2599708 Ontario Inc. ("Good & Green"), a socially responsible, organic cannabis company and late-stage ACMPR applicant. Under the terms of the Agreement, signed September 28, 2018 , 48North will pay Good & Green $1,500,000 in exchange for 6,000 kilograms of organically sun-grown, dried cannabis, as permitted under the Cannabis Act, for use in extraction, to be delivered on or before December 31, 2019 . This Agreement follows 48North's announcement that it received a supplemental license from Health Canada for the extraction and production of cannabis oil and marks another key milestone towards the Company's commitment to produce second-generation cannabis products focused on the women's health and wellness market.