48North Cannabis Corp (CVE:NRTH) CEO on Strategic Partnership with Canopy Growth Corp (TSE:WEED) скачать в хорошем качестве

48North Cannabis Corp (CVE:NRTH) CEO on Strategic Partnership with Canopy Growth Corp (TSE:WEED)

48North Cannabis Corp (CVE:NRTH) (OTCMKTS:NCNNF) CEO Alison Gordon is thrilled with the company’s two new deals with industry giant Canopy Growth Corp (TSE:WEED) (NYSE:CGC) (FRA:11L1). The first of the two deals is a financing agreement stipulating that Canopy Growth will purchase stock in 48North for a total strategic investment of $3 million in the company. In addition, the partners also concluded a supply agreement; as a result, 48North will be a wholesale supplier of premium, dried flower product to Canopy Growth. The supply arrangement also includes a best-efforts commitment from Canopy Growth to carry 48North products in Tokyo Smoke and Tweed stores. Gordon reveals that the company’s stock has risen approximately 35 percent since the Canopy deals were announced. This good news comes on the heels of the company closing a $10 million private placement and the release of its Q1 2019 financials, which illustrated 48North is EBITDA positive. ************************ Check out our website: https://midasletter.com ************************ SUBSCRIBE to our YouTube: http://bit.ly/MidasLetterYoutube SUBSCRIBE to our Newsletter: http://bit.ly/MidasLetterNewsletter Download Our Podcast on iTunes: http://bit.ly/MidasLetterPodcast ************************ Follow Us on Twitter: http://bit.ly/MidasLetterTwitter Like Us on Instagram: http://bit.ly/MidasLetterInsta Like Us on Facebook: http://bit.ly/MidasLetterFacebook ************************ #48North #WeedStocks #MidasLetter