48North Cannabis Corp. V.NRTH

Primary Symbol: NCNNF

Healthcare Drug Manufacturers - Specialty & Generic

48North Cannabis Corp is a vertically integrated cannabis company. It is focused on the health and wellness market through cultivation and extraction, as well as the creation of authentic brands for consumer-friendly products. Its products are categorized into Bath, Intimacy, Flower, Pre-roll, topical, vapes, concentrates, and accessories. It has two geographical segments: Canada, which is the key revenue driver; and the United States.

OTCPK:NCNNF - Post by User

48North Cannabis Corp. > Planting

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Comment by sim_1on Jul 07, 2019 9:50pm

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Post# 29894060

RE:RE:RE:RE:RE:RE:RE:Planting

I have a very conservative nature with it comes to investing. Right now, they have 6000kg committed to edibles and about 10000kg committed in total from the farm. Those are the numbers I want to work with right now. Their numbers by the way. The rest is air to me, and I don't like balloons more than I like clowns. Big writeoffs are coming for a lot of company, you'll see. Very soon the conversation will shift from "how much can one produce" to "how much can one actually sell" - the industry is maturing fast.

I am heavily invested here for the small fish that I am so no, I don't think they are stupid. To the contrary - I am very supportive of this management team, and that's the top reason I'm following them. I wish they'll impress with more contracts etc. etc. but I won't make up my own numbers - I'll stick with theirs. To this day they have 10000kg committed from the farm - end of story.

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