NORTHBUD, October 18 2018

STOCKHOUSE: Cannabis 2.0: Quality + Scale = New Opportunities

Below are some of the highlights of a feature article about NORTHBUD published by Jeff Nielson of investment website Stockhouse.com, on October 17th, 2018.

As the evolution of the cannabis industry continues to unfold, trends are emerging. A large percentage of cannabis companies remain focused on full vertical integration models, typically dubbed “seed to sale”.

Meanwhile, as higher margin cannabis-derived products have been developed (and markets for such products materialize), a number of cannabis companies have positioned themselves as specialty producers of these more advanced products. For the management team of North Bud Farms Inc. (CSE: NBUD), a significant niche remained untapped.

In a conference call with Stockhouse Editorial, the Company referred to this niche as “Cannabis 2.0”. It’s a mission to supply the highest quality cannabis as an input for premium producers of these advanced products, including cannabinoid-based pharmaceutical products. GMP standards for food-and-beverage raw cannabis; GMP standards for its pharmaceutical-grade cannabis.

In a conference call with Stockhouse Editorial, the Company referred to this niche as “Cannabis 2.0”. It’s a mission to supply the highest quality cannabis as an input for premium producers of these advanced products, including cannabinoid-based pharmaceutical products. GMP standards for food-and-beverage raw cannabis; GMP standards for its pharmaceutical-grade cannabis.

The obvious factor that attracts cannabis companies (and other industries) to Quebec is cheap power. With an abundance of hydroelectric power, Quebec offers electricity costs per kWh that are among the lowest in North America. Indoor cultivation of cannabis is energy-intensive and even greenhouse cultivation requires significant amounts of electricity for heating and/or lighting.

However, there is a second reason why cannabis companies see Quebec as particularly fertile ground for cannabis operations: a lack of Licensed Producers located in the province. On a per capita basis, Quebec ranks as the most under-serviced province for cannabis cultivation operations. Illustrating this, in the first year of legal recreational cannabis in Canada, just one Quebec-based supplier is providing 35% of all cannabis for Quebec’s provincial distribution network.

Click here for the full article. 

Written by

NORTHBUD

Previous [VIDEO] Raising the Roof at NORTHBUD
Next REPORT: Edibles soon to be a $4 Billion Market