NRTH.V - 48North Cannabis Corp.

TSXV - TSXV Delayed Price. Currency in CAD
1.0100
+0.0100 (+1.00%)
At close: 3:59PM EDT
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Previous Close1.0000
Open1.0100
Bid1.0000 x 0
Ask1.0100 x 0
Day's Range0.9900 - 1.0300
52 Week Range0.4200 - 1.6900
Volume1,646,876
Avg. Volume1,930,517
Market Cap151.894M
Beta (3Y Monthly)0.35
PE Ratio (TTM)N/A
EPS (TTM)-0.1450
Earnings DateMay 20, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • 48North Approved to Open One of the World's Largest Licensed Outdoor Cannabis Operations
    CNW Group2 days ago

    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") (TSXV:NRTH.V - News) 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 Signs Supply Agreement with AGLC for Outdoor-Grown Cannabis
    CNW Group4 days ago

    48North Signs Supply Agreement with AGLC for Outdoor-Grown Cannabis

    TORONTO, May 15, 2019 /CNW/ - 48North Cannabis Corp. ("48North" or the "Company") (TSXV:NRTH.V - News) announced today that it has signed a supply agreement with Alberta Gaming, Liquor & Cannabis ("AGLC"), Alberta's wholesaler of recreational cannabis. 48North's supply agreement with AGLC was signed on May 15, 2019, and pertains to calendar year 2019.

  • 48North Cannabis Corp. to Host Third Quarter 2019 Financial Results Conference Call on Tuesday, May 21, 2019 at 8:30 A.M. (ET)
    CNW Group18 days ago

    48North Cannabis Corp. to Host Third Quarter 2019 Financial Results Conference Call on Tuesday, May 21, 2019 at 8:30 A.M. (ET)

    TORONTO, May 1, 2019 /CNW/ - 48North Cannabis Corp. ("48North" or the "Company") (TSXV:NRTH.V - News) will hold a conference call on Tuesday, May 21, 2019 to review its financial results for the third quarter ended March 31, 2019. The call will be hosted by Alison Gordon, Chief Executive Officer, and David Hackett, Chief Financial Officer. All interested parties are invited to participate.

  • 48North Wins "Brand of the Year" at the 2019 O'Cannabiz Industry Awards Gala
    CNW Group20 days ago

    48North Wins "Brand of the Year" at the 2019 O'Cannabiz Industry Awards Gala

    TORONTO, April 29, 2019 /CNW/ - Toronto, On: 48North Cannabis Corp. ("48North" or the "Company") (TSXV:NRTH.V - News) is pleased to announce that it won "Brand of the Year," at the annual O'Cannabiz Industry Awards Gala. "As consumers begin to navigate the crowded cannabis space, brand awareness will be critical to success. 48North is honoured to be recognized as a leading brand in the industry.  Our brand is unique in its authenticity, diversity and focus on health and wellness.

  • 48North Accelerates Warrant Expiry Date, Gross Proceeds to the Company Will Total an Estimated $13,500,000
    CNW Grouplast month

    48North Accelerates Warrant Expiry Date, Gross Proceeds to the Company Will Total an Estimated $13,500,000

    TORONTO, April 18, 2019 /CNW/ - 48North Cannabis Corp. ("48North" or the "Company") (TSXV:NRTH.V - News), a vertically integrated cannabis producer focused on the development of next-generation cannabis products, announced that it is accelerating the expiry of certain common share purchase warrants ("Warrants"), bearing an expiration date of December 2, 2020. Accordingly, if all of the remaining outstanding 18,038,090 Warrants available after the April 2, 2019 acceleration date are exercised, gross proceeds to the Company will total $13,528,567. 48North Cannabis Corp. (TSXV:NRTH.V - News) is a vertically integrated cannabis company focused on the health and wellness market through cultivation and extraction, as well as the creation of innovative, authentic brands for next-generation cannabis products.

  • Market Exclusivelast month

    Cannabis Distributor humble+fume to Build 48North’s Extraction Facility in Ontario

    48North Cannabis (OTCMKTS:NCNNF) and cannabis accessories distributor humble+fume are teaming up to build a cannabis extraction facility and packaging line in Brantford, Ontario, Canada. The companies announced a formal partnership on April 11. Extraction Partnership As part of the partnership agreement, humble+fume will build the cannabis extraction facility and packaging line within 48North's fully-licensed cultivation […]The post Cannabis Distributor humble+fume to Build 48North’s Extraction Facility in Ontario appeared first on Market Exclusive.

  • 48North Signs Extraction Partnership and Outdoor Supply Agreement with humble+fume
    CNW Grouplast month

    48North Signs Extraction Partnership and Outdoor Supply Agreement with humble+fume

    TORONTO, April 11, 2019 /CNW/ - 48North Cannabis Corp. ("48North" or the "Company") (TSXV:NRTH.V - News) is pleased to announce that it has entered into a formal partnership with humble+fume. Under the extraction partnership, humble+fume will build a state-of-the-art cannabis extraction facility and packaging line within 48North's fully-licensed cultivation and processing facility ("Good House") in Brantford, Ontario. Upon completion of the extraction facility, 48North will be able to process over 30,000 kg of cannabis mass annually.

  • 48North Closes Previously Announced Bought Deal for Total Gross Proceeds of $28.75 Million
    CNW Group2 months ago

    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") (TSXV:NRTH.V - News) 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").

  • GlobeNewswire2 months ago

    Bigger is Better: More Facilities Receive Approval For Expanded Production

    POINT ROBERTS, Wash. and DELTA, British Columbia, March 22, 2019 -- Investorideas.com, a leading investor news resource covering hemp and cannabis stocks, releases a snapshot.

  • Market Exclusive2 months ago

    Cannabis Stock News Daily Roundup March 20

    Cannabis-focused agriculture firm Terra Tech Corp. (OTCQX: TRTC) is planning to begin selling cannabis to recreational users in San Leandro, Calif. The City Council on March 18 voted to approve an ordinance for adult-use cannabis sales in the city. The ordinance is subject to a second reading which is scheduled to occur on April 1 […]The post Cannabis Stock News Daily Roundup March 20 appeared first on Market Exclusive.

  • 48North Added to Canada's Largest and Best Performing Cannabis ETF, Horizons Marijuana Life Sciences Index ETF
    CNW Group2 months ago

    48North Added to Canada's Largest and Best Performing Cannabis ETF, Horizons Marijuana Life Sciences Index ETF

    TORONTO, March 20, 2019 /CNW/ - 48North Cannabis Corp. ("48North" or the "Company") (TSXV:NRTH.V - News) is pleased to announce that the Company has been added to the Horizons Marijuana Life Sciences ETF ("HMMJ") ("TSX:HMMJ"). 48North's inclusion, along with a select group of its peers, is a proof-point that the Company is being watched closely by the investment community.

  • GlobeNewswire2 months ago

    48North Enters Into $25 Million Bought Deal Equity Financing

    The Company has agreed to grant the Underwriters an over-allotment option to purchase up to an additional 15% of the Units at the Issue Price, exercisable in whole or in part, at any time on or prior to the date that is 30 days following the closing of the Offering. If this option is exercised in full, an additional approximately $3,750,000 will be raised pursuant to the Offering and the aggregate proceeds of the Offering will be approximately $28,750,064.

  • 48North Receives Standard Processing License from Health Canada for its Good & Green Facility in Brantford, Ontario
    CNW Group2 months ago

    48North Receives Standard Processing License from Health Canada for its Good & Green Facility in Brantford, Ontario

    TORONTO, March 11, 2019 /CNW/ - 48North Cannabis Corp. ("48North" or the "Company") (TSXV:NRTH.V - News) is pleased to announce that its wholly-owned subsidiary Good & Green, a licensed cannabis producer under the Cannabis Act, received its Standard Processing License ("Processing License") from Health Canada on March 8, 2019. This additional license solidifies 48North's ability to launch next-generation cannabis products for retail sale in fall 2019.

  • Market Exclusive2 months ago

    48North to Introduce Premium Cannabis Brand in Canada

    48North Cannabis (OTCMKTS:NCNNF) has signed an exclusive licensing agreement with U.S.-based Arbor Pacific to introduce a premium cannabis brand in Canada. Premium Cannabis Brand The premium brand is Avitas, which is available at more than 500 stores in Washington, Oregon, and Colorado. It is one of the best-selling single strain vaporizer cartridges in the U.S. […]The post 48North to Introduce Premium Cannabis Brand in Canada appeared first on Market Exclusive.

  • Market Exclusive2 months ago

    Cannabis Stock News Daily Roundup March 7

    Aurora Cannabis (NYSE: ACB) (TSX: ACB) issued an update on its investment in Choom Holdings (CSE: CHOO), a consumer cannabis company having one of the largest retail networks in Canada. "Choom has demonstrated a strong commitment to rapidly executing its strategic growth plans by developing a sophisticated retail channel across Western Canada while diversifying their […]The post Cannabis Stock News Daily Roundup March 7 appeared first on Market Exclusive.

  • 48North Announces an Exclusive Licensing Agreement with Arbor Pacific for its Nationwide Premium Cannabis Brand, Avitas
    CNW Group2 months ago

    48North Announces an Exclusive Licensing Agreement with Arbor Pacific for its Nationwide Premium Cannabis Brand, Avitas

    TORONTO, March 6, 2019 /CNW/ - 48North Cannabis Corp. ("48North" or the "Company")  (TSXV:NRTH.V - News) is pleased to announce today that it has signed an exclusive licensing agreement with U.S.-based Arbor Pacific Inc. to bring its premium brand Avitas to Canadian consumers. Avitas, available in over 500 stores in Washington, Oregon and Colorado is one of the best-selling single strain vaporizer cartridges in the United States and completes 48North's vaporizer strategy. Avitas develops 100% additive free, single strain, ultra-refined and purified, vaporizer cartridges.

  • 48North Cannabis Corp. Announces Sustained Revenue Growth For Fiscal Q2 2019
    CNW Group3 months ago

    48North Cannabis Corp. Announces Sustained Revenue Growth For Fiscal Q2 2019

    TORONTO, Feb. 25, 2019 /CNW/ - 48North Cannabis Corp. ("48North" or the "Company") (TSXV:NRTH.V - News), a leading licensed cannabis producer focused on next-generation cannabis products, has released its financial and operating results for the three and six months ended December 31, 2018. The Company's financial statements and related management's 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. Sustained quarter over quarter revenue acceleration with second-quarter revenue of $2.4 million, representing an 88 per cent increase over first-quarter revenues of $1.3 million.

  • 48North Signs Canada's First-Ever Letter of Intent for Outdoor Cannabis
    CNW Group3 months ago

    48North Signs Canada's First-Ever Letter of Intent for Outdoor Cannabis

    TORONTO, Feb. 25, 2019 /CNW/ - 48North Cannabis Corp. ("48North" or the "Company")  (TSXV:NRTH.V - News) is pleased to announce that it has signed Canada's first-ever letter of intent for outdoor grown cannabis with the Société québécoise du cannabis (SQDC), Quebec's sole legal retailer of recreational cannabis. Under this agreement, 48North will supply 1,200 kilograms of cannabis to the SQDC from its outdoor farm in Brant County, Ontario and 120 kilograms of indoor grown cannabis from its facilities in Brantford, Ontario and Kirkland Lake, Ontario.

  • 48North Launches Cannabis Accessories Brand F8; Signs Supply Agreement with the Ontario Cannabis Store and Tokyo Smoke
    CNW Group3 months ago

    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")  (TSXV:NRTH.V - News) 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 Group3 months ago

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

    TORONTO, Feb. 19, 2019 /CNW/ - 48North Cannabis Corp. ("48North" or the "Company") (TSXV:NRTH.V - News), 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.

  • CNW Group3 months ago

    48North Cannabis Corp. to Host Second Quarter 2019 Financial Results Conference Call on Tuesday, February 26, 2019 at 8:30 A.M. (ET)

    TORONTO, Feb. 12, 2019 /CNW/ - 48North Cannabis Corp. ("48North" or the "Company") (TSXV:NRTH.V - News) will hold a conference call on Tuesday, February 26, 2019 to review its financial results for the second quarter ended December 31, 2018. The call will be hosted by Alison Gordon, Chief Executive Officer, and David Hackett, Chief Financial Officer. All interested parties are invited to participate.

  • 48North Closes its $10 million Private Placement, Ready to Deliver on its 100-acre Outdoor Farm
    CNW Group3 months ago

    48North Closes its $10 million Private Placement, Ready to Deliver on its 100-acre Outdoor Farm

    TORONTO, Feb. 6, 2019 /CNW/ - 48North Cannabis Corp. ("48North" or the "Company") (TSXV:NRTH.V - News) is pleased to announce the closing of its $10,000,000 private placement. Following the completion of the $3,000,000 strategic investment from Canopy Growth Corporation ("Canopy Growth") (TSX: WEED, NYSE: CGC), 48North today closed on the additional $7,045,000 from a leading US-based private investment fund, the second and final tranche of its $10,000,000 private placement. The private placement provides capital and liquidity to support the continued expansion of 48North, including the development of its 100-acre farm and large-scale extraction capabilities to significantly increase 2019 production and facilitate the rapid development of innovative, next-generation cannabis products.

  • CNW Group4 months ago

    48North Retains Renmark Financial to Strengthen its Investor Relation's Strategy

    TORONTO, Feb. 1, 2019 /CNW/ - 48North Cannabis Corp. ("48North" or the "Company") (TSXV:NRTH.V - News) is pleased to announce that it has retained the services of Renmark Financial Communications Inc. to strengthen its investor relation's strategy. "We are pleased to announce that we are working with Renmark, their track-record of delivering best-in-class investor relations services will reinforce 48North's public profile with the financial community and significantly enhance the visibility of 48North," said Alison Gordon, co-CEO of 48North. In consideration of the services to be provided, the monthly fees incurred by 48North will be a cash consideration of up to $8,000, starting February 1, 2019 for a period of five months ending on June 30, 2019 and monthly thereafter.

  • 48North Provides Update on its 100-acre Outdoor Farm Application
    CNW Group4 months ago

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

    TORONTO, Jan. 24, 2019 /CNW/ - 48North Cannabis Corp. ("48North" or the "Company")  (TSXV:NRTH.V - News) 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.

  • 48North Cannabis Corp. Opens the Market
    CNW Group4 months ago

    48North Cannabis Corp. Opens the Market

    TORONTO , Jan. 8, 2019 /CNW/ - Alison Gordon , Co-CEO, alongside Jeannette VanderMarel , Co-CEO, 48North Cannabis Corp., (NRTH), joined Tim Babcock , Managing Director, Capital Formation, TSX Venture Exchange, ...